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Table 2 Cointegration results

From: A cointegrating stock trading strategy: application to listed tanker shipping companies

Null Max Eigenvalue Trace Test
Rank = 0 16.09a 16.60a
Rank = 1 0.51 0.51
  1. Critical values are taken from MacKinnon et al. (1999). aindicates the rejection of the null hypothesis of no cointegration at least at the 5% level of significance