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) |