Correlation Analysis between Stock Price and Accounting Profit Based on a Vector Autoregressive Model

Table 2

Comparison of different lag order estimation results of the ECARR model based on B segment weekly data.

	ECARR (1,1)	ECARR (1,2)	ECARR (2,1)	ECARR (2,2)
Logarithmic likelihood	−423.7468	−423.2688	−423.5645	−423.5346
	0.1719 (0.0256)	0.1877 (0.0941)	0.1999 (0.073)	0.1342 (0.0109)
	0.1955 (0.0263)	0.1879 (0.0310)	0.1947 (0.0249)	0.1844 (0.0355)
			−0.1011 (0.2661)	0.1456 (0.23578)
	0.9242 (0.0002)	0.6823 (0.2212)	0.8175 (0.0022)	−0.1501 (0.5572)
		0.1531 (0.2371)		0.7218 (0.2197)