| t-statistics test | 2019 | 2020 | 2021 |
| Mean Difference | 0.0327 | 0.0233 | 0.0231 |
| Standard Error | 0.0104 | 0.0137 | 0.0131 |
| t value | 3.1337 | 1.7037 | 1.7682 |
| Degree of Freedom | 208 | 225 | 256 |
| Critical Value | 1.6522 | 1.6516 | 1.6508 |
| R-squared | 0.0451 | 0.0127 | 0.0121 |