Can the Implied Information of Options Predict the Liquidity of Stock Market? A Data-Driven Research Based on SSE 50ETF Options

Table 2

Correlation analysis of variables.

	Amihud	IV	IVS	VRP	RF	SIR	ER	CIR
Amihud	1.000
IV	0.311	1.000
IVS	−0.067	−0.350	1.000
VRP	−0.080	−0.164	0.015	1.000
RF	−0.069	−0.192	0.197	−0.021	1.000
SIR	−0.222	−0.088	0.020	0.062	0.008	1.000
ER	−0.085	−0.517	0.109	−0.071	−0.466	0.004	1.000
CIR	0.237	0.126	−0.063	0.036	0.020	−0.104	−0.098	1.000
VIF		2.45	1.16	1.14	2.05	1.02	2.75	1.03

Note., , and indicate significance at 1%, 5%, and 10% significance levels, respectively, the same as the following table.