A PLS Approach to Measuring Investor Sentiment in Chinese Stock Market

Table 2

Preliminary fitting results of PLS model.

(a) The sum of squares of errors corresponding to the number of principal components

	(Intercept)	1 comp	2 comps	3 comps	4 comps	5 comps
CV	0.156	0.0371	0.0311	0.0297	0.0286	0.0286
adjCV	0.156	0.0371	0.0311	0.0297	0.0286	0.0286

(b) The cumulative contribution rate of variance of different principal components

	1 comp	2 comps	3 comps	4 comps	5 comps
	81.38	90.96	96.87	98.91	100.00
	94.44	96.10	96.49	96.74	96.74