Correlation matrix between three simulation methods for identifying speculative bubbles in the Tunisian Stock Market using the SADF and GSADF tests
| Simulation methods | Monte Carlo | Sieve-bootstrap | Wild-bootstrap |
|---|---|---|---|
| Correlation matrix of three simulation methods for identifying speculative bubbles in the Tunisian stock market using the SADF test | |||
| Monte Carlo | 1 | 0.951833 | 0.815121 |
| Sieve-bootstrap | 0.951833 | 1 | 0.796147 |
| Wild-bootstrap | 0.815121 | 0.796147 | 1 |
| Correlation matrix of three simulation methods for identifying speculative bubbles in the Tunisian stock market using the GSADF test | |||
| Monte Carlo | 1 | 0.903883 | 0.897326 |
| Sieve-bootstrap | 0.903883 | 1 | 0.972267 |
| Wild-bootstrap | 0.897326 | 0.972267 | 1 |
| Simulation methods | Monte Carlo | Sieve-bootstrap | Wild-bootstrap |
|---|---|---|---|
| Monte Carlo | 1 | 0.951833 | 0.815121 |
| Sieve-bootstrap | 0.951833 | 1 | 0.796147 |
| Wild-bootstrap | 0.815121 | 0.796147 | 1 |
| Monte Carlo | 1 | 0.903883 | 0.897326 |
| Sieve-bootstrap | 0.903883 | 1 | 0.972267 |
| Wild-bootstrap | 0.897326 | 0.972267 | 1 |
Source(s):
Authors’ own creation