Stock Market Autoregressive Dynamics: A Multinational Comparative Study with Quantile Regression

Table 3

Germany DAX Index Quantile Regression Result.

0.05					0.0482	0.0349
0.15			0.0349		−0.0133	−0.0187
0.25			0.0155		−0.0035	−0.0182
0.35			0.0122		−0.0045	−0.0201
0.45	0.0014	−0.0082	−0.0074
0.55			−0.0096	−0.0007			−0.0056
0.65
0.75				−0.0205
0.85
0.95				−0.0372

Note: significance at 1% level, significance at 5%, and significance at 10%.