Table VIII

Bootstrap p-values for α t-statistics

RankBalancedBondEBondEquity
Top 10.2850.7650.3320.046
Top 20.0900.6510.3210.270
Top 30.0530.7950.7860.331
Top 40.0230.7590.8440.255
Top 50.0230.8980.8290.222
Top 60.0130.8260.7570.572
Top 70.0180.7800.7910.535
Top 80.0360.8080.7490.527
Top 90.0200.9490.7960.572
Top 100.0260.9920.9050.577
Bottom 100.4570.9990.9670.724
Bottom 90.6351.0000.9580.699
Bottom 80.6821.0000.9610.642
Bottom 70.6901.0000.9470.726
Bottom 60.7480.9990.8940.740
Bottom 50.9560.9980.8530.655
Bottom 40.9430.9960.7990.603
Bottom 30.9901.0000.7880.662
Bottom 20.9410.9980.6900.559
Bottom 10.8530.9920.5600.367

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