Table 2 Augmented Dickey–Fuller (ADF)... | Emerald Publishing

Table 2

Augmented Dickey–Fuller (ADF) test for unit root variable

Variable	ADF	p-value
Closed price	−1.808	0.3758
$Δ$ Closed price	−11.566	0.0000***
EUR/GBP	−1.767	0.3959
$Δ$ EUR/GBP	−9.0035	0.0000***
USD/GBP	−1.9301	0.3179
$Δ$ USD/GBP	−14.614	0.0000***
Sentiment score	−7.763	0.0000***

Variable	ADF	p-value
Closed price	−1.808	0.3758
$Δ$ Closed price	−11.566	0.0000***
EUR/GBP	−1.767	0.3959
$Δ$ EUR/GBP	−9.0035	0.0000***
USD/GBP	−1.9301	0.3179
$Δ$ USD/GBP	−14.614	0.0000***
Sentiment score	−7.763	0.0000***

Note(s): *10%, **5%, ***1% significance. ADF t-statistic reported