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Stepwise Fit for ROE Stepwise Regression Control Stopping Rule: P-value Threshold C Enter All Make Model Prob to Enter 0.05 Prob to Leave 0.05 Remove

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Stepwise Fit for ROE Stepwise Regression Control Stopping Rule: P-value Threshold C Enter All Make Model Prob to Enter 0.05 Prob to Leave 0.05 Remove All Run Model Direction: Forward Go Stop Step SSE DFE RMSE RSquare RSquare Adj Cp P AICC BIC 17286.372 68 15.944007 0.5121 0.4978 2.7437909 3 600.2399 608.6846 Current Estimates Lock Entered Parameter Estimate nDF SS "F Ratio" "Prob>F" Intercept 7.51976516 0.000 Price/Book Value Ratio 5.58059123 1 15258.19 60.022 6.3e-11 PE Ratio -0.200779 1 6038.374 23.753 6.88e-6 LN(Assets) 0 1 405.5478 1.610 0.20894 Growth% 0 1 2.00365 0.008 0.93004 Debt/EBITDA Ratio 0 1 186.0734 0.729 0.39623 TypeCoCODE 1 681.4161 2.749 0.10196 Type Co. Label 1 681.4161 2.749 0.10196 Step History Step Parameter Action "Sig Prob" Seq SS RSquare Cp P AICC BIC Price/Book Value Ratio Entered 0.0000 12105.58 0.3417 24.408 2 619.263 625.693 PE Ratio Entered 0.0000 6038.374 0.5121 2.7438 600.24 608.685 3 LN(Assets) Entered 0.2089 405.5478 0.5235 3.1545 4 600.871 611.262 4 Growth% Entered 0.9147 2.9543 0.5236 5.1429 5 603.248 615.512 0 5 Debt/EBITDA Ratio Entered 0.6323 59.79105 0.5253 6.9086 6 605.462 619.523 0 6 TypeCoCODE Entered 0.1719 487.0204 0.5391 605.92 621.699 7 Growth% Removed 0.9530 0.893868 0.5390 5.0035 6 603.379 617.44 8 LN(Assets) Removed 0.5552 88.39494 0.5365 3.3499 5 601.297 613.561 0 9 Debt/EBITDA Ratio Removed 0.3921 184.6087 0.5313 2.0734 4 599.701 610.092 10 TypeCoCODE Removed 0.1020 681.4161 0.5121 2.7438 3 600.24 608.685 11 All Removed 0.0000 69.848 1 646.763 651.112 0 12 Price/Book Value Ratio Entered 0.0000 12105.58 0.3417 24.408 2 619.263 625.693 13 PE Ratio Entered 0.0000 6038.374 0.5121 2.7438 3 600.24 608.685 0

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