Predicting stock market loss using network measures
| Coeff | t-statistic | R2 | |
|---|---|---|---|
| Panel A: The Asian Financial Crisis Period | |||
| Centrality | −0.226 | −2.11 | 8.7% |
| Closeness | −0.419 | −2.65 | 13.0% |
| # of Out Connections | −0.807 | −2.02 | 8.0% |
| # of In-Connections | 0.226 | 0.34 | 0.2% |
| # of All Connections | −0.761 | −1.84 | 6.7% |
| Panel B: The 2008 Financial Crisis Period | |||
| Centrality | −0.247 | −3.39 | 10.6% |
| Closeness | −0.064 | −1.08 | 1.2% |
| # of Out Connections | −0.441 | −1.93 | 3.7% |
| # of In-Connections | −0.353 | −1.11 | 1.3% |
| # of All Connections | −0.470 | −2.40 | 5.6% |
| Coeff | t-statistic | ||
|---|---|---|---|
| Panel A: The Asian Financial Crisis Period | |||
| Centrality | −0.226 | −2.11 | 8.7% |
| Closeness | −0.419 | −2.65 | 13.0% |
| # of Out Connections | −0.807 | −2.02 | 8.0% |
| # of In-Connections | 0.226 | 0.34 | 0.2% |
| # of All Connections | −0.761 | −1.84 | 6.7% |
| Panel B: The 2008 Financial Crisis Period | |||
| Centrality | −0.247 | −3.39 | 10.6% |
| Closeness | −0.064 | −1.08 | 1.2% |
| # of Out Connections | −0.441 | −1.93 | 3.7% |
| # of In-Connections | −0.353 | −1.11 | 1.3% |
| # of All Connections | −0.470 | −2.40 | 5.6% |
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