Analysis of Saudi Mutual Funds Regression Results Speech or Presentation

Analysis of Saudi Mutual Funds Regression Results - Speech or Presentation Example The significant predictors are MSCI Asia Equity Index, b = 0.1971, p It is also worth mentioning that the other four benchmarks namely, MSCI North America Equity Index, MSCI Europe Equity Index, Saudi Large-cap Growth Equity Portfolio Returns, Citigroup/Salomon Brothers World Money Market (one-month) Index, are not statistically significant predictors of total weekly returns. It can be interpreted to mean that whatever effect these benchmarks seemed to have on total weekly returns are not supported by any statistical evidence. Rather, these effects may simply be due to chance. In addition, the constant coefficient is also not significant. Upon closer inspection of the values of the coefficients of the twelve benchmarks, it can be observed that there are six positive predictors and two negative predictors of total weekly returns. The positive predictors are MSCI Asia Equity Index, MSCI GCC ex-Saudi Arabia Equity Index, Barclays Capital / Lehman Brothers Global Corporate Bond Index, Saudi Large-cap Value Equity Portfolio Returns, Saudi Small-cap Equity Portfolio Returns, and S & P / Goldman Sachs Commodity Index. This means that as these benchmarks become higher, total weekly returns generated by Saudi mutual funds also becomes higher. Furthermore, among these positive predictors, it can be seen that Barclays Capital / Lehman Brothers Global Corporate Bond Index has the highest effect of all, contributing