Table 1 Descriptive statistics of price...

Table 1

Descriptive statistics of price series of international stock indices

Countries	Mean	Median	Max	Min	Std. dev	Skew	Kurt	Jarque-Bera	Prob
Australia	6079.19	6013.20	7162.50	4546.00	418.36	0.28	3.05	13.70	0.001
Austria	2957.33	3050.92	3688.78	1630.84	420.58	−0.82	2.74	116.12	0.000
Belgium	3672.78	3709.84	4198.31	2528.77	290.43	−0.80	3.69	133.10	0.000
Brazil	86739.19	85602.50	119527.60	57110.99	16002.23	0.08	1.94	47.89	0.000
Canada	15894.75	16016.02	17944.06	11228.49	851.57	−0.83	6.11	527.88	0.000
China	3062.36	3095.18	3559.47	2464.36	247.76	−0.33	2.19	45.21	0.000
France	5241.80	5286.57	6111.24	3754.84	374.40	−0.36	3.72	45.81	0.000
Germany	12266.86	12360.58	13790.29	8441.71	831.37	−1.02	4.75	309.54	0.000
Netherlands	544.49	546.12	629.23	404.10	35.43	−0.17	3.55	18.49	0.000
Italy	23006.67	23265.27	27675.06	16286.37	1982.91	−0.43	2.95	32.56	0.000
Ireland	6501.96	6598.67	7552.90	4366.53	525.96	−0.85	3.84	154.94	0.000
Japan	21667.10	21739.78	27568.15	16552.83	1774.29	0.28	3.42	20.60	0.000
Malaysia	1666.04	1679.34	1895.18	1219.72	121.52	−0.64	3.37	73.96	0.000
Poland	57246.83	58385.25	67529.39	37164.02	5340.90	−1.00	3.93	206.37	0.000
Portugal	5004.36	5131.51	5791.88	3596.08	448.66	−0.70	2.71	89.48	0.000
Qatar	9701.67	9893.74	11057.83	7714.26	779.07	−0.60	2.36	77.89	0.000
Korea	2235.61	2208.36	2873.47	1457.64	201.58	0.01	3.33	4.66	0.097
Spain	9156.86	9377.10	11135.40	6107.20	1146.13	−0.85	2.90	125.83	0.000
Sweden	1625.56	1607.25	1938.14	1292.27	110.74	0.70	3.38	89.90	0.000
Switzerland	9401.70	9267.17	11263.01	7779.11	696.11	0.34	2.23	44.25	0.000
Tunisia	6741.43	6857.02	8431.64	5420.34	681.06	0.00	2.81	1.54	0.462
Turkey	1029.50	1019.00	1479.91	725.20	121.47	0.48	3.72	62.16	0.000
UAE	4699.39	4626.95	5404.53	3323.35	333.47	−0.41	3.27	31.22	0.000
UK	7070.61	7279.36	7877.45	4993.89	579.46	−1.27	3.63	296.75	0.000
USA	2820.51	2790.95	3756.07	2191.08	344.59	0.51	2.77	47.04	0.000

Countries	Mean	Median	Max	Min	Std. dev	Skew	Kurt	Jarque-Bera	Prob
Australia	6079.19	6013.20	7162.50	4546.00	418.36	0.28	3.05	13.70	0.001
Austria	2957.33	3050.92	3688.78	1630.84	420.58	−0.82	2.74	116.12	0.000
Belgium	3672.78	3709.84	4198.31	2528.77	290.43	−0.80	3.69	133.10	0.000
Brazil	86739.19	85602.50	119527.60	57110.99	16002.23	0.08	1.94	47.89	0.000
Canada	15894.75	16016.02	17944.06	11228.49	851.57	−0.83	6.11	527.88	0.000
China	3062.36	3095.18	3559.47	2464.36	247.76	−0.33	2.19	45.21	0.000
France	5241.80	5286.57	6111.24	3754.84	374.40	−0.36	3.72	45.81	0.000
Germany	12266.86	12360.58	13790.29	8441.71	831.37	−1.02	4.75	309.54	0.000
Netherlands	544.49	546.12	629.23	404.10	35.43	−0.17	3.55	18.49	0.000
Italy	23006.67	23265.27	27675.06	16286.37	1982.91	−0.43	2.95	32.56	0.000
Ireland	6501.96	6598.67	7552.90	4366.53	525.96	−0.85	3.84	154.94	0.000
Japan	21667.10	21739.78	27568.15	16552.83	1774.29	0.28	3.42	20.60	0.000
Malaysia	1666.04	1679.34	1895.18	1219.72	121.52	−0.64	3.37	73.96	0.000
Poland	57246.83	58385.25	67529.39	37164.02	5340.90	−1.00	3.93	206.37	0.000
Portugal	5004.36	5131.51	5791.88	3596.08	448.66	−0.70	2.71	89.48	0.000
Qatar	9701.67	9893.74	11057.83	7714.26	779.07	−0.60	2.36	77.89	0.000
Korea	2235.61	2208.36	2873.47	1457.64	201.58	0.01	3.33	4.66	0.097
Spain	9156.86	9377.10	11135.40	6107.20	1146.13	−0.85	2.90	125.83	0.000
Sweden	1625.56	1607.25	1938.14	1292.27	110.74	0.70	3.38	89.90	0.000
Switzerland	9401.70	9267.17	11263.01	7779.11	696.11	0.34	2.23	44.25	0.000
Tunisia	6741.43	6857.02	8431.64	5420.34	681.06	0.00	2.81	1.54	0.462
Turkey	1029.50	1019.00	1479.91	725.20	121.47	0.48	3.72	62.16	0.000
UAE	4699.39	4626.95	5404.53	3323.35	333.47	−0.41	3.27	31.22	0.000
UK	7070.61	7279.36	7877.45	4993.89	579.46	−1.27	3.63	296.75	0.000
USA	2820.51	2790.95	3756.07	2191.08	344.59	0.51	2.77	47.04	0.000

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