(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

VARIABLES aapret nkeret pyplret pepret msftret nflxret msret msiret orclret pferet

spret 0.00705*** 0.00454 0.00894*** 0.00437** 0.00317 0.00723*** 0.00572** 0.00792* 0.00749*** 0.00708**
(0.00211) (0.00424) (0.00300) (0.00185) (0.00202) (0.00235) (0.00254) (0.00422) (0.00285) (0.00349)
Constant 0.00105 -0.000843 -0.00151 -0.000286 0.00118 0.00266 0.00210* -0.00228 -0.000615 0.00333
(0.00196) (0.00146) (0.00131) (0.00102) (0.00144) (0.00173) (0.00125) (0.00141) (0.00129) (0.00224)

Observations 199 199 199 199 199 199 199 199 199 199
R-squared 0.042 0.031 0.134 0.059 0.016 0.056 0.066 0.093 0.102 0.033
Robust standard errors in parentheses
*** p<0.01, ** p<0.05, * p<0.1