Financial Market Anomalies And Behavioral Biases: Implications Of Overconfidence Bias
Table 6:
| Model : AR(1) |
|
Coefficient |
t-statistique |
Rule of Decision |
| C |
- 0,003557 |
- 0,697322 |
We retain the model |
| AR(1) |
0,180995** |
2,260427 |
| Model : MA(1) |
|
Coefficient |
t-statistique |
Rule of Decision |
| C |
- 0,003405 |
- 0,674364 |
We retain the model |
| MA(1) |
0,221540*** |
2,800356 |
| Model : ARMA(1,1) |
|
Coefficient |
t-statistique |
Rule of Decision |
| C |
- 0,003505 |
- 0,719283 |
We reject the model |
| AR(1) |
- 0,224158 |
- 0,651822 |
| MA(1) |
0,433026 |
1,361983 |
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