[Retracted] Cluster-Based Mutual Fund Classification and Price Prediction Using Machine Learning for Robo-Advisors

Table 1

Summary statistics.

Item	Observations	Frequency	Step of clustering
Rate of return in the past 1 day	237 × 3,604	Daily	First
Rate of return in the past 5 days	237 × 3,604	Daily	First
Rate of return in the past 20 days	237 × 3,604	Daily	First
Rate of return in the past 60 days	237 × 3,604	Daily	First
Rate of return in the past 120 days	237 × 3,604	Daily	First
Rate of return in the past 250 days	237 × 3,604	Daily	First
Rate of fund fee	36 × 4 × 1	As of April 30, 2021	Second
Number of fund holders	10 × 3,604	Quarterly	Second
Shares per capita	10 × 3,604	Quarterly	Second
Shares held by institutions (%)	10 × 3,604	Quarterly	Second
Shares held by individuals (%)	10 × 3,604	Quarterly	Second
Shares purchased by fund managers	10 × 3,604	Quarterly	Second
Shares redeemed by fund managers	10 × 3,604	Quarterly	Second
Ratios of stocks to total assets (%)	10 × 3,604	Quarterly	Second
Ratios of bonds to total assets (%)	10 × 3,604	Quarterly	Second