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

Table 3

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

	WCARR (1,1)	WCARR (1,2)	WCARR (2,1)	WCARR (2,2)
Logarithmic likelihood	−323.7458	−323.1688	−321.5645	−239.5346
	0.219 (0.0256)	0.2877 (0.0941)	0.2399 (0.073)	0.2215 (0.0109)
	0.2155 (0.0263)	0.2379 (0.0310)	0.2147 (0.0249)	0.1944 (0.0355)
			−0.1011 (0.2661)	0.1556 (0.23578)
	0.6342 (0.0002)	0.6133 (0.2212)	0.8175 (0.0022)	−0.1501 (0.5572)
		0.1521 (0.2371)		0.7118 (0.2197)
	2.0525 (0.0000)	2.0573 (0.0000)	2.0501(0.0000)	2.0611(0.0000)