Table 6.

Yule’s Q thresholds

Yule’s Q valuesInterpretation
0.8 < Q ≤ 1.0Very strong association between positive investor sentiment and materiality of regulatory impact
0.6 < Q ≤ 0.8Strong association between positive investor sentiment and materiality of regulatory impact
0.4 < Q ≤ 0.6Neutral association between positive investor sentiment and materiality of regulatory impact
0.1 < Q ≤ 0.4Weak association between positive investor sentiment and materiality of regulatory impact
Q ≤ 0.1No association between positive investor sentiment and materiality of regulatory impact
Source(s): Author’s own work based on Prorokowski (2019) 

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