Econometric Modeling to Measure the Efficiency of Sharpe’s Ratio with Strong Autocorrelation Portfolios

Table 2

Descriptive statistics for 446 stocks daily return distributions for the whole sample.

	Mean	Median	Std. dev.
Mean value (%)	0.0472	0.0755	1.8606
Std. deviation (%)	0.0315	0.0325	0.4631
Skewness	−0.2087	−0.2473	0.8318
Kurtosis	4.1580	3.5018	3.4579