Table 1. Descriptive statistics of the... | Emerald Publishing

Table 1.

Descriptive statistics of the variables (2010–2019)

Variables	Traditional		Level 1		Level 2		Novo mercado
Variables	Mean	SD	Mean	SD	Mean	SD	Mean	SD
Beta	0.594	0.299	0.818	0.334	0.776	0.306	0.795	0.302
Value at risk	8.090	4.864	6.043	2.189	5.871	2.017	6.505	3.253
Return	2.368	24.272	3.439	22.318	3.441	22.395	3.223	23.261
ROE	0.026	0.194	0.021	0.094	0.003	0.205	0.013	0.166
Sharpe index	0.114	0.484	0.047	0.433	0.036	0.515	0.037	0.482
Size	13.663	1.941	16.565	1.404	15.918	1.704	15.233	1.436
Leverage	0.412	0.643	0.276	0.157	0.418	0.185	0.357	0.269

Variables	Traditional		Level 1		Level 2		Novo mercado
Variables	Mean	SD	Mean	SD	Mean	SD	Mean	SD
Beta	0.594	0.299	0.818	0.334	0.776	0.306	0.795	0.302
Value at risk	8.090	4.864	6.043	2.189	5.871	2.017	6.505	3.253
Return	2.368	24.272	3.439	22.318	3.441	22.395	3.223	23.261
ROE	0.026	0.194	0.021	0.094	0.003	0.205	0.013	0.166
Sharpe index	0.114	0.484	0.047	0.433	0.036	0.515	0.037	0.482
Size	13.663	1.941	16.565	1.404	15.918	1.704	15.233	1.436
Leverage	0.412	0.643	0.276	0.157	0.418	0.185	0.357	0.269