CRD First Different IR First Different MARGIN PLS

LAMPIRAN 1. HASIL UJI STASIONERITAS VARIABEL

a. CRD First Different

Null Hypothesis: DCRD has a unit root Exogenous: Constant Lag Length: 0 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -6.658755 0.0000 Test critical values: 1 level -3.557472 5 level -2.916566 10 level -2.596116 MacKinnon 1996 one-sided p-values. Level Null Hypothesis: CRD has a unit root Exogenous: Constant Lag Length: 0 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic 1.432862 0.9989 Test critical values: 1 level -3.555023 5 level -2.915522 10 level -2.595565 MacKinnon 1996 one-sided p-values.

b. IR First Different

Null Hypothesis: DIR has a unit root Exogenous: Constant Lag Length: 0 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -3.594928 0.0090 Test critical values: 1 level -3.557472 5 level -2.916566 10 level -2.596116 MacKinnon 1996 one-sided p-values. Level Null Hypothesis: IR has a unit root Exogenous: Constant Lag Length: 1 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -2.019345 0.2779 Test critical values: 1 level -3.557472 5 level -2.916566 10 level -2.596116 MacKinnon 1996 one-sided p-values.

c. MARGIN

Level Null Hypothesis: MARGIN has a unit root Exogenous: Constant Lag Length: 0 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -3.274322 0.0210 Test critical values: 1 level -3.555023 5 level -2.915522 10 level -2.595565 MacKinnon 1996 one-sided p-values. First Different Null Hypothesis: DMARGIN has a unit root Exogenous: Constant Lag Length: 2 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -6.884884 0.0000 Test critical values: 1 level -3.562669 5 level -2.918778 10 level -2.597285 MacKinnon 1996 one-sided p-values.

d. PLS

First Different Null Hypothesis: DPLS has a unit root Exogenous: Constant Lag Length: 1 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -11.79131 0.0000 Test critical values: 1 level -3.560019 5 level -2.917650 10 level -2.596689 MacKinnon 1996 one-sided p-values. Level Null Hypothesis: PLS has a unit root Exogenous: Constant Lag Length: 3 Automatic based on SIC, MAXLAG=10 t-Statistic Prob. Augmented Dickey-Fuller test statistic -2.013306 0.2804 Test critical values: 1 level -3.562669 5 level -2.918778 10 level -2.597285 MacKinnon 1996 one-sided p-values.

e. PYD First Different