Table 2.

Summary statistics of returns

Index/stock	Starting date	# Obs	Mean	Median	Min	Max	St Dev	Skew	Kurt	J–B
S&P 500	29/01/1985	9047	0.033	0.063	$-$ 22.900	10.957	1.163	$-$ 1.252	29.937	0.000
DJIA	30/01/1985	9047	0.035	0.058	$-$ 25.632	10.764	1.148	$-$ 1.596	41.728	0.000
NASDAQ	31/01/1985	9047	0.042	0.113	$-$ 13.149	13.255	1.397	$-$ 0.345	11.809	0.000
FACEBOOK	18/05/2012	2161	0.092	0.106	$-$ 21.024	25.937	2.342	0.335	18.058	0.000
AMAZON	15/05/1997	5939	0.125	0.049	$-$ 28.457	29.618	3.650	0.455	11.941	0.000
TESLA	29/06/2010	2637	0.189	0.116	$-$ 23.652	21.829	3.535	$-$ 0.033	9.039	0.000
APPLE	29/01/1985	9047	0.078	0.009	$-$ 73.125	28.689	2.834	$-$ 1.985	59.105	0.000
NETFLIX	23/05/2002	4677	0.130	0.035	$-$ 52.605	35.223	3.638	$-$ 0.876	26.289	0.000
GOOGLE	19/08/2004	4113	0.086	0.069	$-$ 12.340	18.225	1.915	0.453	12.130	0.000

Skew: Coeff. of skewness, Kurt: Coeff. of Kurtosis and J–B is the p value associated with the Jarque–Bera test