I have a panel along the variables Dates and gvkey and am trying to calculate the volatility of the residuals of my regressions along daily values within the panel. I am currently stuck with the rangestat code as I get a return "no result for all obs: reg exret MktRF SMB HML"
I understood that the code below would go through each row for given Dates (for each gvkey value, so they is only one observation for given Dates) and create the regression. But maybe I misunderstood the instructions?
Any help would be most appreciated!
Thanks
Micha
Code:
rangestat (reg) exret MktRF SMB HML, by (gvkey) interval(Dates 0 0) Dates gvkey exret SMB HML MktRF 04jan2005 1045 -.1012971 -.58 .44 -1.3 05jan2005 1045 -.1039042 -1.11 0 -.51 06jan2005 1045 -.0411491 -.14 .13 .34 07jan2005 1045 .0034286 -.76 -.02 -.22 10jan2005 1045 -.0147796 .27 .04 .42 11jan2005 1045 -.0136883 -.35 .3 -.68 12jan2005 1045 -.0205858 -.04 -.16 .38 13jan2005 1045 -.0311749 .13 .38 -.77 14jan2005 1045 .0240284 .55 .07 .66 18jan2005 1045 .0115402 .16 -.17 .97 19jan2005 1045 -.0204013 -.13 .48 -.97 20jan2005 1045 -.0171325 -.12 -.05 -.77 21jan2005 1045 -.0471705 .29 .25 -.56 24jan2005 1045 -.0691511 -.8 .62 -.49 25jan2005 1045 .0443627 .2 -.37 .34 26jan2005 1045 -.0055729 .95 -.21 .62 27jan2005 1045 -.0092107 .17 .04 .08 04jan2005 1078 -.0180707 -.58 .44 -1.3 05jan2005 1078 -.0194719 -1.11 0 -.51 06jan2005 1078 .0145532 -.14 .13 .34 07jan2005 1078 .0091306 -.76 -.02 -.22 10jan2005 1078 .0016842 .27 .04 .42 11jan2005 1078 -.0263486 -.35 .3 -.68 12jan2005 1078 -.0110956 -.04 -.16 .38 13jan2005 1078 -.0271775 .13 .38 -.77 14jan2005 1078 -.0032205 .55 .07 .66 18jan2005 1078 -.0125405 .16 -.17 .97 19jan2005 1078 -.0077828 -.13 .48 -.97 20jan2005 1078 -.0145146 -.12 -.05 -.77 21jan2005 1078 -.0029727 .29 .25 -.56 24jan2005 1078 -.0090875 -.8 .62 -.49 25jan2005 1078 -.0084355 .2 -.37 .34 26jan2005 1078 -.0084357 .95 -.21 .62 27jan2005 1078 -.0173702 .17 .04 .08
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