$\rho$

${\beta }_1$

${\beta }_2$

Contagion

Materials

0.1736***

−0.0059

0.1477***

C

Telecommunications

0.2014***

0.0122

0.0690***

C

Industries

0.1598***

0.0214**

0.1234***

C

Utilities

0.1587***

0.0125***

−0.0904***

Science and technology

0.2154***

−0.2292***

0.0354**

C

Energy

0.1421***

0.1226***

0.0781***

C

Consumer services

0.1635***

0.0057***

0.0311*

C

Consumer goods

0.1694***

−0.0554**

−0.0034

Medical and health care

0.1915***

−0.1669***

−0.1031***

Adj R²

0.8283

F-statistic

2816.932***

D.W

1.8609