From: Application of Markov chain to share price movement in Nigeria (1985–2019)
Month | Number | P1(I) | P1(D) | P1(I/D) | P1(I/I) | P1(D/D) | P1(D/I) |
---|---|---|---|---|---|---|---|
Jan | 29 | N = 25 P = 0.862 | N = 4 P = 0.138 | N = 3 P = 0.104 | N = 21 P = 0.724 | N = 1 P = 0.035 | N = 3 P = 0.104 |
Feb | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 4 P = 0.138 | N = 18 P = 0.621 | N = 2 P = 0.069 | N = 3 P = 0.104 |
Mar | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 3 P = 0.104 | N = 18 P = 0.621 | N = 2 P = 0.069 | N = 4 P = 0.138 |
April | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 4 P = 0.138 | N = 17 P = 0.586 | N = 2 P = 0.069 | N = 4 P = 0.138 |
May | 29 | N = 22 P = 0.759 | N = 7 P = 0.241 | N = 3 P = 0.104 | N = 18 P = 0.621 | N = 4 0.138 | N = 3 P = 0.104 |
June | 29 | N = 23 P = 0.793 | N = 6 P = 0.2–7 | N = 3 P = 0.104 | N = 19 P = 0.655 | N = 3 P = 0.104 | N = 3 P = 0.104 |
July | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 4 P = 0.138 | N = 18 P = 0.621 | N = 2 P = 0.069 | N = 4 P = 0.138 |
Aug | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 4 P = 0.138 | N = 17 P = 0.586 | N = 3 P = 0.104 | N = 4 P = 0.138 |
Sept | 29 | N = 24 P = 0.828 | N = 5 P = 0.172 | N = 3 P = 0.104 | N = 19 P = 0.655 | N = 0.07 | N = 3 P = 0.104 |
Oct | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 3 P = 0.104 | N = 19 P = 0.655 | N = 3 P = 0.104 | N = 3 P = 0.104 |
Nov | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 3 P = 0.104 | N = 19 P = 0.655 | N = 3 P = 0.104 | N = 3 P = 0.104 |
Dec | 29 | N = 23 P = 0.793 | N = 6 P = 0.207 | N = 3 P = 0.104 | N = 19 P = 0.655 | N = 3 P = 0.104 | N = 3 P = 0.104 |