Table 1.
Normality test of the stock log-return data. This table illustrates the number of 452 stocks rejecting the null hypothesis of normality at the significance level 0.05.
Significance level | Kolmogorov-Smirnov | Shapiro-Wilk | Lilliefors |
---|---|---|---|
0.05 | 428 | 449 | 449 |
0.05/452 | 269 | 448 | 426 |