Table 1.
US COVID-19 statistics, S&P 500 index, CBOE VIX index, and S&P 500 banks index
| Panel A: Data period from 21 January 2020 to 8 June 2020 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fresh COVID-19 cases | COVID-19 cumulative cases | New COVID-19 deaths | Cumulative deaths | COVID-19 recovered cases | Cumulative recovered | S&P 500 index | S&P 500 banks index | CBOE VIX index | |||||||||
| Min value | 0 | 1 | 0 | 0 | 0 | 0 | 3148 | 283.5 | 23.94 | ||||||||
| Quintile 25 | 2 | 14 | 0 | 0 | 0 | 6 | 3894 | 346.8 | 36.14 | ||||||||
| Median values | 19,662 | 160,686 | 821 | 2985 | 1217 | 5506 | 4930 | 244.4 | 33.04 | ||||||||
| Mean values | 19,947 | 559,526 | 1071 | 29,432 | 7974 | 125,328 | 2942 | 272.6 | 35.33 | ||||||||
| S. Deviation | 24,491.35 | 666,123.60 | 1324.53 | 38,108.36 | 17,204.49 | 220,824.30 | 223.82 | 58.86 | 14.77 | ||||||||
| Quantile75 | 38,646 | 2832 | 2963 | 73,682 | 7256 | 319,150 | 2347 | 496.3 | 54.46 | ||||||||
| Max | 239,260 | 2,845,939 | 7025 | 267,863 | 12,793 | 866,506 | 3482 | 497.1 | 44.87 | ||||||||
| Daily COVID-19 growth rate (2 March to 8 June) | 47.08% | 26.68% | 4.36% | 27.45% | 26.87% | 27.96% | 0.07% | − 0.12% | − 0.37% | ||||||||
| Symmetrical daily growth rate (2 March to 8 June) | 11.22% | 16.32% | 8.49% | 15.19% | 17.90% | 17.90% | 0.07% | − 0.12% | − 0.37% | ||||||||
| Coefficient of correlation (%) | |||||||||||||||||
| S&P 500 index | − 78.95 | − 8.59 | − 52.08 | 4.69 | 8.64 | 58.20 | 236 | 98.76 | − 85.90 | ||||||||
| Bank 500 S&P index | − 63.85 | − 59.60 | − 52.58 | − 67.89 | − 47.29 | − 39.89 | 08.76 | 248 | − 73.44 | ||||||||
| CBOE (VIX index) | 45.05 | − 25,698 | 7.89 | − 58.0 | − 66.0 | − 99.0 | − 06.80 | − 60.99 | 698 | ||||||||
| Panel B: Collect paper data (23 January 2020 to 30 January 2021) | |||||||||||||||||
| Fresh COVID-19 cases | COVID-19 cumulative cases | New COVID-19 deaths | Cumulative deaths | COVID-19 recovered cases | Cumulative recovered | S&P 500 index | S&P 500 banks index | CBOE VIX index | |||||||||
| Min value | 0 | 1 | 0 | 0 | 0 | 0 | 2237 | 192.4 | 12.85 | ||||||||
| Quintile 25 | 24,222 | 854,522 | 812.8 | 43,578 | 6221 | 85,454 | 3044 | 241.9 | 22.94 | ||||||||
| Median value | 51,146 | 4,137,220 | 1155 | 135,609 | 38,312 | 2,082,338 | 3313 | 252.6 | 26.77 | ||||||||
| Mean value | 93,788 | 6,093,715 | 1589.90 | 143,607 | 62,306 | 3,728,289 | 3257 | 270.8 | 29.69 | ||||||||
| S. Deviation | 37,382.01 | 45,067.29 | 7809.40 | 38,108.90 | 08,690.96 | 827,958.09 | 938.1 | 03.0 | 98.11 | ||||||||
| Quintile 75 | 132,005 | 8,520,034 | 2124.50 | 213,364 | 88,052 | 5,844,859 | 3486 | 303.1 | 33.05 | ||||||||
| Max | 806,182 | 24,384,746 | 8911 | 413,371 | 610,706 | 16,199,572 | 3855 | 368.6 | 82.69 | ||||||||
| Daily COVID-19 growth rate (2 March to 8 June) | 3.55 | 5.59 | 2.72 | 4.8 | 4.6 | 6.21 | 0.08 | − 0.01 | 0 | ||||||||
| Symmetrical growth rate | 3.62 | 5.75 | 2.76 | 4.92 | 4.71 | 6.41 | 0.08 | − 0.01 | 0 | ||||||||
| S&P 500 index | 56.59 | 80.25 | 41.28 | 82.15 | 59.62 | 80.26 | 100 | 59.18 | − 76.83 | ||||||||
| Banks index | 25.74 | 35.73 | 13.01 | 19.48 | 27.36 | 37.13 | 59.18 | 100 | − 59.28 | ||||||||
| VIX index | − 25.5 | − 35.28 | − 17.99 | − 37.54 | − 28.57 | − 34.18 | − 75.84 | − 58.29 | 102 | ||||||||