Research Article
Stock Market Temporal Complex Networks Construction, Robustness Analysis, and Systematic Risk Identification: A Case of CSI 300 Index
Table 3
Cointegration coefficient of Ping An Bank with other selected stocks during 2017-2018.
| Taking Ping an bank as an independent variable | Cointegration coefficient | value | Taking Ping an bank as a dependent variable | Cointegration coefficient | P value |
| Shenzhen Zhongjin Lingnan Nonfemet | 0.2256 | 0.001 | Shenzhen Zhongjin Lingnan Nonfemet | 0.2370 | 0.001 | Overseas China Town A | 0.4112 | 0.001 | Overseas China Town A | 0.3500 | 0.001 | Zoomlion Heavy Industry Science & Technology | 0.1531 | 0.001 | Zoomlion Heavy Industry Science & Technology | 0.3943 | 0.001 | Wei Chai Power | 0.2849 | 0.001 | Wei Chai Power | 0.3529 | 0.001 | Financial Street Holding | 0.2593 | 0.001 | Financial Street Holding | 0.3746 | 0.001 | Shandong Dong-Ee Jiao | 0.0358 | 0.001 | Shandong Dong-Ee Jiao | 0.0966 | 0.001 | Luzhou Lao Jiao | 0.3454 | 0.001 | Luzhou Lao Jiao | 0.4204 | 0.001 | Jilin Aodong Pharmaceutical | 0.2238 | 0.001 | Jilin Aodong Pharmaceutical | 0.4819 | 0.001 | Chongqing Changan Automobile | 0.1454 | 0.001 | Chongqing Changan Automobile | 0.2494 | 0.001 | Hubei Biocause Pharmaceutical | 0.3767 | 0.001 | Hubei Biocause Pharmaceutical | 0.3035 | 0.001 | Tongling Nonferrous Metals | 0.1702 | 0.001 | Tongling Nonferrous Metals | 0.3043 | 0.001 | HESTEEL | 0.1881 | 0.001 | HESTEEL | 0.2488 | 0.001 | BOE Technology | 0.3214 | 0.001 | BOE Technology | 0.2195 | 0.001 | Guoyuan Securities | 0.2821 | 0.001 | Guoyuan Securities | 0.3623 | 0.001 | Avic Aircraft | 0.2119 | 0.001 | Avic Aircraft | 0.1579 | 0.001 | GF Securities | 0.3065 | 0.001 | GF Securities | 0.5227 | 0.001 | Changjiang Securities | 0.2526 | 0.001 | Changjiang Securities | 0.3744 | 0.001 | CITIC Guoan Information Industry | 0.2956 | 0.001 | CITIC Guoan Information Industry | 0.1725 | 0.001 | Wuliangye | 0.3000 | 0.001 | Wuliangye | 0.4482 | 0.001 | Henan Shuanghui Investment & development | 0.1772 | 0.001 | Henan Shuanghui Investment & development | 0.2126 | 0.001 |
|
|