Parametric and non-parametric test results- Nifty CM
| Event window | CAAR (%) | Parametric test | Non-parametric test | |
|---|---|---|---|---|
| (−1, +1) | −1.978 | CAAR test statistic | Brown and Warner’s (1980) adjusted t-statistic | Generalised sign test-statistic |
| −1.727* | −0.955 | −1.938* | ||
| Event window | CAAR (%) | Parametric test | Non-parametric test | |
|---|---|---|---|---|
| (−1, +1) | −1.978 | CAAR test statistic | Generalised sign test-statistic | |
| −1.727* | −0.955 | −1.938* | ||
Note(s): * indicates statistical significance at the 0.10 level
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.