Variables

ADF Test Statistics

Critical Values @ 5%

P-value

Order of Integration

D(HDI)

−4.842114

−2.976263

0.0006

I(I)

D(SMC)

−6.282567

−2.976263

0.0000

I(1)

D(TR)

−6.437292

−2.976263

0.0000

I(1)

D(VST)

−4.835787

−2.976263

0.0006

I(1)