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Mutual Fund Performance In Bull And Bear Market: The Case Of Pakistani Mutual Fund

3254 words - 13 pages

Table 6: The Estimates of Modified Fama French Model






R2
AFF 0.04 (-1.46) 0.03 (0.95) 0.55* (2.77) 0.04 (0.76) -0.01 (0.21) 0.41
AIF 0.003 (0.20) -0.03 (-1.37) 0.39* (2.96) -0.002 (-0.35) 0.006 (0.01) 0.33
AMZ -0.02 (-0.54) 0.016 (0.14) 0.61* (2.38) 0.006** (1.75) -0.007 (-0.63) 0.35
ASFL -0.02 (-0.27) 0.02 (0.28) 0.41** (1.79) 0.001 (0.08) 0.004 (0.16) 0.37
ASMF -0.03 (-1.67) 0.04 (1.55) 0.71* (4.70) -0.001 (-0.23) -0.01 (-1.46) 0.55
BSJ 0.02 (0.46) 0.04 (0.76) 1.005* (3.33) 0.003 (0.39) 0.02*** (1.76) 0.33
CDF -0.03 (-1.05) 0.02 (0.57) 0.85* (4.32) -0.001 (-0.27) -0.004 (-0.43) 0.54
CMFL 0.02 (0.62) -0.03 (-0.77) 0.85* (3.37) -0.004 (-0.52) -0.006 (-0.06) 0.39
DMMF -0.01 (-0.74) 0.001 (0.06) 0.25 (2.56) 0.002 (0.49) -0.003** (-1.76) 0.36
FBGF -0.03 (-2.01) 0.03 (1.89) 0.57* (5.59) 0.002 (0.61) -0.006 (-1.44) 0.74
GA -0.007 (-0.22) -0.03 (-0.67) 1.82* (3.00) 0.005** (-1.75) 0.083 (0.22) 0.57
JSIF -0.008 (-0.53) 0.01 (0.99) 0.36 (3.02) -0.002 (-0.49) 0.005*** (1.83) 0.42
JSLF -0.002 (-0.08) -0.04 (-0.82) 1.17* (5.58) -0.006 (0.09) -0.07 (-0.73) 0.60
MBF -0.007 (-0.02) 0.002 (0.068) 0.66** (2.56) 0.01** (1.71) -0.008 (-0.74) 0.46
MBPSF -0.02 (-0.029) -0.04 (-2.39) 0.49 (1.260) 0.001 (0.34) -0.033** (1.89 ) 0.49
MIF -0.04 (-1.39) 0.03 (0.84) 0.63* (3.02) 0.004*** (1.66) -0.02 *** (-1.73) 0.48
NIT -0.01 (-0.95) 0.01 (0.32) 0.86* (2.89) -0.002** (-0.86) -0.007*** (-1.65) 0.74
PSMF 0.01 (0.92) -0.04 (1.71) 0.70* (5.82) 0.002*** (1.632) -0.002 (-0.47) 0.55
PICICGF -0.03 (-1.15) 0.02 (0.62) 0.71* (3.57) 0.01** (1.78) -0.01 (-0.72) 0.44
PICICIF -0.01 (-0.37) -0.02 (-0.66) 0.84* (4.06) 0.01* * (1.94) -0.003 (-0.37) 0.46
PIF -0.001 (-0.12) 0.02 (1.29) 0.39 (3.52) -0.004 (-0.13) -0.005 (1.11) 0.44
PPFL -0.01 (-0.38) 0.004 (0.86) 0.63* (2.53) 0.01 (1.40) -0.001 (-0.11) 0.39
PSF -0.007 (-0.25) 0.01 (0.20) 1.02* (4.31) 0.001 (0.12) 0.002 (0.18) 0.4 7
PSMF -0.01 (-0.91) 0.04 (1.71) 0.71 (5.83) -0.002** (-1.751) -0.003*** (1.626) 0.55
SMFL -0.03 (-0.32) 0.04 (0.42) 0.93** (1.78) -0.01 (-0.82) 0.007** (1.66) 0.49
UGIF -0.01 (-0.58) -0.01 (0.55) 0.33* (2.72) -0.06 (-0.16) -0.03*** (1.65) 0.44
UIF -0.04 (-2.42) 0.03...

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