burberry scarf the determined coefficient

In the multivariate regression involving burberry scarf all the explanatory variables, we can be found throughout that only the determined coefficient concerning the individualism index is significant. This determined coefficient is positive, suggesting that momentum returns are positively associated to individualism. It is fascinating to be aware the fact that determined coefficient concerning the individualism index has about precisely the very same magnitude as inside the univariate regression. The determined coefficient on Indv of 0.010 – 0.012 shows the fact that momentum revenue will enhance by 0.10 – 0.12% every thirty days for every 10-points enhance inside the Hofstede’s individualism index (the index ranges from twenty to 91). The complete result inside the multivariate burberry tote bag regression suggests the fact that romantic relationship in between the momentum effect and individualism is unlikely getting brought on with the correlations in between the individualism index as well as the marketplace integrity variables. In contrast, the insignificance from the determined coefficients on individual protection variables appears to show the fact that previously documented romantic relationship in between the momentum effect and individual protection could possibly merely reflect the romantic relationship in between individualism, which could be correlated with these burberry blue label singapore marketplace integrity measures, as well as the momentum effect.

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