Table 3 Unconditional correlation... | Emerald Publishing

Table 3

Unconditional correlation between indexes

	Index	1	2	3	4	5	6	7	8	9	10
1	SSE	1
2	SZSE	0.8273	1
3	MSCI AC Asia Pacific ESG leaders	0.6431	0.5577	1
4	MSCI China ESG leaders	0.5443	0.4864	0.7874	1
5	SSE SUS	0.0364	0.0317	0.0013	−0.0433	1
6	SSE ENV	0.0226	0.0263	−0.0050	−0.0409	0.9147	1
7	SSE CG	0.0046	0.0125	−0.0098	−0.0442	0.7860	0.7692	1
8	BTC	0.0874	0.0647	0.0965	0.0933	0.0309	0.0434	0.0229	1
9	WTI	0.1946	0.1521	0.3368	0.3540	−0.0605	−0.0330	−0.0339	0.1383	1
10	GOLD	0.0579	0.0224	0.0894	0.0601	−0.0038	−0.0178	−0.0398	0.0903	0.1475	1

	Index	1	2	3	4	5	6	7	8	9	10
1	SSE	1
2	SZSE	0.8273	1
3	MSCI AC Asia Pacific ESG leaders	0.6431	0.5577	1
4	MSCI China ESG leaders	0.5443	0.4864	0.7874	1
5	SSE SUS	0.0364	0.0317	0.0013	−0.0433	1
6	SSE ENV	0.0226	0.0263	−0.0050	−0.0409	0.9147	1
7	SSE CG	0.0046	0.0125	−0.0098	−0.0442	0.7860	0.7692	1
8	BTC	0.0874	0.0647	0.0965	0.0933	0.0309	0.0434	0.0229	1
9	WTI	0.1946	0.1521	0.3368	0.3540	−0.0605	−0.0330	−0.0339	0.1383	1
10	GOLD	0.0579	0.0224	0.0894	0.0601	−0.0038	−0.0178	−0.0398	0.0903	0.1475	1

Note(s): This table reports the unconditional correlations among selected indexes for the total period of analysis (January 2017–October 2020)