Analysis of Covid-19 Cases, Brent Oil and Crude Palm Oil Price on Malaysian Stock Price
Table 3: POLS Test
Variables | KLCI | ||
Coefficient | Standard Error | P value | |
Constant | 2.3178 | 0.0805 | 0.000 |
Covid-19 daily cases | -0.0124 | 0.0017 | 0.000 |
Brent oil price | 0.1200 | 0.0176 | 0.000 |
Crude palm oil price | 0.2006 | 0.0309 | 0.000 |
R-squared | 0.7622 | ||
Adjusted R-squared | 0.7593 | ||
Prob > F | 0.000 | ||
F statistic | 256.46 |