Table 2.
Descriptive Statistics of Variables.
| DMR | DTDC | DTGC | LMCAP(-1) | |
|---|---|---|---|---|
| Mean | −0.002 | 0.112 | 0.166 | 27.459 |
| Median | 0.000 | 0.060 | 0.081 | 27.397 |
| Maximum | 0.446 | 1.000 | 3.666 | 29.933 |
| Minimum | −0.279 | 0.000 | 0.033 | 25.463 |
| Std. Dev. | 0.048 | 0.160 | 0.446 | 0.881 |
| Skewness | 0.023 | 3.363 | 7.533 | 0.397 |
| Kurtosis | 7.776 | 16.754 | 59.135 | 2.752 |
Notes: DMR = Daily Market Returns; DTDC = Ratio of Daily Growth in total death cases; DTGC = Ratio of Daily Growth in Total cases; LMCAP(-1)=natural logarithm of daily Market Capitalization of firms.