POLYNOMIAL REGRESSION:

Using: c:\stats\cointegr.dt

Variables:

X = Resid (t-1)

Y = change Bonds/Stocks

Regression equation:

Y = .0276614911

+-0.4583239033*x^1

 R^2 = .1480749817

Source                          SS      df                 MS                  F                P

Regression: 0.5149742162       1    0.5149742162   5.0405544835   .0326 *

X^1        0.5149742162       1    0.5149742162   5.0405544835   .0326 *

Error           2.9628193322     29    0.1021661839