Pearson’s correlations
| Description | Pearson’s r | p |
|---|---|---|
| Sharpe ratio – underpricing % | −0.173 | 0.682 |
| Sharpe ratio – Percentage change | 0.979 *** | < 0.001 |
| Underpricing % – Percentage change | −0.198 | 0.637 |
| Description | Pearson’s r | |
|---|---|---|
| Sharpe ratio – underpricing % | −0.173 | 0.682 |
| Sharpe ratio – Percentage change | 0.979 | < 0.001 |
| Underpricing % – Percentage change | −0.198 | 0.637 |
*p < 0.05, ** p < 0.01, ***p < 0.001
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