Skewness

Ordinary Correlation

CSI 100

Returns

−0.2529

PE

1.1437

0.0402 (1.7743)*

PB

1.3910

0.0211 (0.9323)

CSI 300

Returns

−0.3700

PE

1.4205

0.0475 (2.0957)**

PB

1.1418

0.0257 (1.1369)

SSE Composite

Returns

−0.3849

PE

1.1875

0.0391 (1.7278)*

PB

1.3633

0.0158 (0.7003)

SZSE Component

Returns

−0.3502

PE

1.2743

0.0394 (1.7416)*

PB

1.6071

0.0436 (1.9245)*