spb/wp17_uqo

1% ---- Exhibit wrappers (Stage E, Agent 9). Each generated table/figure file is a self-contained float. ----2% \ExhibitTable{label}{caption}{size}{body}: prints a table float when \input on its own; inside an existing \begin{table}3% wrapper (\@captype defined) it prints only the body, so the old wrappers in the sections keep compiling until they are replaced4% by a bare \input{tables/<name>}. \ExhibitFigure{label}{caption}{content} does the same for figures.5% Both wrappers record the label as placed, and \ExhibitOnce{label}{...} prints its argument only if the label has not been placed yet6% (used by tables/appendix_exhibits.tex as a safety net: an exhibit placed in the sections, in either convention, is not printed twice).7\usepackage{makecell}8\makeatletter9\providecommand{\ExhibitTable}{}\renewcommand{\ExhibitTable}[4]{\global\@namedef{exh@done@#1}{}\ifx\@captype\@undefined\begin{table}[htbp]\centering #3\caption{#2}\label{#1}#4\end{table}\else #4\fi}10\providecommand{\ExhibitFigure}{}\renewcommand{\ExhibitFigure}[3]{\global\@namedef{exh@done@#1}{}\ifx\@captype\@undefined\begin{figure}[htbp]\centering #3\caption{#2}\label{#1}\end{figure}\else #3\fi}11\providecommand{\ExhibitOnce}{}\renewcommand{\ExhibitOnce}[2]{\@ifundefined{exh@done@#1}{\global\@namedef{exh@done@#1}{}#2}{}}12\makeatother13% ---- Number macros: every value below is read from a result file by scripts/r3k_20_tables_v2.py; legacy names keep the legacy14% statistic (e.g. \meventT is the Welch t), the robust versions carry suffixes W / CDA / Ttw / CI / MDE / Pwild. ----15\newcommand{\mmaxMadjRetTicker}{GME}16\newcommand{\mmaxMadjRetYear}{2019}17\newcommand{\mmaxMadjRetPct}{+4{,}793}18\newcommand{\mnObs}{27{,}354}19\newcommand{\mnFirms}{2{,}375}20\newcommand{\mnFirmYearsPanel}{32{,}818}21\newcommand{\myrs}{2010-2024}22\newcommand{\mnLarge}{14{,}998}23\newcommand{\mnSPfy}{6{,}719}24\newcommand{\mspreadFull}{+5.5}25\newcommand{\mspreadFullT}{2.40}26\newcommand{\mspreadFullVW}{+7.4}27\newcommand{\mspreadFullVWT}{2.69}28\newcommand{\mspreadFullW}{+3.9}29\newcommand{\mspreadFullWT}{2.00}30\newcommand{\mspreadFullWTplain}{1.78}31\newcommand{\mspreadFullWCI}{[-0.8, +8.6]}32\newcommand{\mspreadFullCI}{[+0.3, +10.7]}33\newcommand{\mspreadFullTplain}{2.28}34\newcommand{\mspreadFullMed}{+0.5}35\newcommand{\mspreadFullMedT}{0.29}36\newcommand{\mspreadFullVWcap}{+7.3}37\newcommand{\mspreadFullVWcapT}{2.63}38\newcommand{\mspreadFullStrict}{+5.5}39\newcommand{\mtopOnePctContrib}{+2.5}40\newcommand{\mspreadPre}{+4.8}41\newcommand{\mspreadPreT}{1.93}42\newcommand{\mspreadPost}{+8.5}43\newcommand{\mspreadPostT}{1.53}44\newcommand{\mspreadPreW}{+3.4}45\newcommand{\mspreadPreWT}{1.65}46\newcommand{\mspreadPostW}{+6.0}47\newcommand{\mspreadPostWT}{1.18}48\newcommand{\mspreadPreCI}{[-0.7, +10.2]}49\newcommand{\mspreadPostCI}{[-25.8, +42.7]}50\newcommand{\mspreadPreWCI}{[-1.6, +8.4]}51\newcommand{\mspreadPostWCI}{[-25.5, +37.6]}52\newcommand{\mspreadPreMed}{+1.4}53\newcommand{\mspreadPostMed}{-2.7}54\newcommand{\mffsixFull}{+2.2}55\newcommand{\mffsixFullT}{1.44}56\newcommand{\mffsixPost}{-0.3}57\newcommand{\mffsixPostT}{-0.08}58\newcommand{\msharpePre}{0.52}59\newcommand{\msharpePost}{0.23}60\newcommand{\mmeanLSPre}{+3.8}61\newcommand{\mmeanLSPost}{+2.1}62\newcommand{\mdsrFull}{0.35}63\newcommand{\mdsrPost}{0.29}64\newcommand{\mdsrTrials}{93}65\newcommand{\mcohortsPost}{2022: -6.7, 2023: +11.8, 2024: +20.2}66\newcommand{\mcohortsPostW}{2022: -5.0, 2023: +3.1, 2024: +19.9}67\newcommand{\mpostLOO}{+16.0, +6.8, +2.6}68\newcommand{\mpostLOOW}{+11.5, +7.5, -0.9}69\newcommand{\mpreMean}{+4.8}70\newcommand{\mpostMean}{+8.5}71\newcommand{\mpreMeanW}{+3.4}72\newcommand{\mpostMeanW}{+6.0}73\newcommand{\mpreMeanCI}{[-0.7, 10.2]}74\newcommand{\mpreMin}{-7.4}75\newcommand{\mpooledPost}{+8.7}76\newcommand{\mpooledPostT}{1.95}77\newcommand{\mpooledPostTtw}{1.10}78\newcommand{\mpooledPostPwild}{0.366}79\newcommand{\mpooledPostW}{+6.2}80\newcommand{\mpooledPostWT}{2.14}81\newcommand{\mpooledPostWTtw}{0.84}82\newcommand{\mpooledPostWPwild}{0.631}83\newcommand{\mpooledPostWCI}{[+0.5, +11.9]}84\newcommand{\mpooledDiff}{+3.4}85\newcommand{\mpooledDiffT}{0.73}86\newcommand{\mpooledDiffW}{+2.4}87\newcommand{\mpooledDiffWT}{0.78}88\newcommand{\mpooledDiffWTtw}{0.36}89\newcommand{\mpooledDiffWMDE}{8.5}90\newcommand{\mpooledPostExTwentyFourW}{-0.9}91\newcommand{\mpooledPostExTwentyFourWT}{-0.36}92\newcommand{\meventHL}{+14.2}93\newcommand{\meventT}{3.92}94\newcommand{\meventCDA}{2.23}95\newcommand{\meventBMP}{5.17}96\newcommand{\meventN}{2{,}215}97\newcommand{\meventHLsixty}{+3.4}98\newcommand{\meventCDAsixty}{1.10}99\newcommand{\meventHLpre}{-0.3}100\newcommand{\meventHLtwenty}{+1.0}101\newcommand{\meventCDAtwenty}{0.52}102\newcommand{\meventHLthree}{+0.7}103\newcommand{\mevHLeighteen}{+9.5}104\newcommand{\mevCDAeighteen}{1.19}105\newcommand{\mevCDAsixty}{1.10}106\newcommand{\mevRho}{0.037}107\newcommand{\mevKP}{0.131}108\newcommand{\mlargePre}{+3.1}109\newcommand{\mlargePost}{+13.8}110\newcommand{\mlargePostT}{2.15}111\newcommand{\msmallPre}{+7.8}112\newcommand{\msmallPost}{+7.0}113\newcommand{\msmallPostT}{1.02}114\newcommand{\mlargePreW}{+3.1}115\newcommand{\mlargePostW}{+12.7}116\newcommand{\msmallPreW}{+4.0}117\newcommand{\msmallPostW}{+3.5}118\newcommand{\mlargePostLOOW}{+16.0, +18.8, +3.3}119\newcommand{\mlargePostExTwentyFourW}{+3.3}120\newcommand{\mlargePostExTwentyFourWT}{1.18}121\newcommand{\mlargePostCI}{[-28.4, +53.7]}122\newcommand{\msmallPostCI}{[-32.7, +39.8]}123\newcommand{\mlargePreCI}{[-1.7, +8.0]}124\newcommand{\msmallPreCI}{[-4.0, +11.9]}125\newcommand{\mspPre}{+4.8}126\newcommand{\mspPost}{+15.3}127\newcommand{\mnonspPre}{+4.8}128\newcommand{\mnonspPost}{+6.4}129\newcommand{\mnonspPostT}{1.10}130\newcommand{\mcontrastLarge}{+10.8}131\newcommand{\mcontrastLargeT}{1.83}132\newcommand{\mcontrastLargeTtw}{1.55}133\newcommand{\mcontrastLargePwild}{0.225}134\newcommand{\mcontrastLargeMDE}{16.5}135\newcommand{\mcontrastLargeCI}{[-0.8, +22.4]}136\newcommand{\mcontrastMember}{+8.6}137\newcommand{\mcontrastMemberT}{1.39}138\newcommand{\mcontrastMemberTtw}{1.07}139\newcommand{\mcontrastMemberPwild}{0.345}140\newcommand{\mcontrastMemberMDE}{17.3}141\newcommand{\msectNeuPost}{+1.9}142\newcommand{\msectNeuPostT}{0.89}143\newcommand{\msectNeuFull}{+2.1}144\newcommand{\msectNeuFullT}{2.98}145\newcommand{\msectNeuFullW}{+1.4}146\newcommand{\msectNeuFullWT}{1.61}147\newcommand{\mresidSortFullW}{+1.7}148\newcommand{\mresidSortFullWT}{1.54}149\newcommand{\mtechBetaPost}{0.37}150\newcommand{\mtechBetaFull}{0.45}151\newcommand{\mffsixTechFull}{+0.7}152\newcommand{\mffsixTechFullT}{0.65}153\newcommand{\msharpeFull}{0.45}154\newcommand{\mmeanLSFull}{+3.4}155\newcommand{\mhacFull}{1.67}156\newcommand{\mffsixTechPost}{-2.1}157\newcommand{\mffsixTechPostT}{-0.67}158\newcommand{\mfmPostSector}{+1.46}159\newcommand{\mfmPostSectorT}{1.94}160\newcommand{\mfmPost}{+4.98}161\newcommand{\mfmPostT}{2.54}162\newcommand{\msyPost}{+0.46}163\newcommand{\msyPostT}{0.43}164\newcommand{\msyPostTtw}{--}165\newcommand{\mfmFullSector}{+1.54}166\newcommand{\mfmFullSectorT}{3.48}167\newcommand{\mfmFullSectorTplain}{2.99}168\newcommand{\mfmFullSectorW}{+0.88}169\newcommand{\mfmFullSectorWT}{2.80}170\newcommand{\mfmFullSectorWTplain}{2.74}171\newcommand{\mfmFullSectorExEnergyW}{+0.86}172\newcommand{\mfmFullSectorExEnergyWT}{2.57}173\newcommand{\mfixedBcv}{2.71}174\newcommand{\mfmPre}{+2.21}175\newcommand{\mfmPreT}{1.79}176\newcommand{\mfmFull}{+2.77}177\newcommand{\mfmFullT}{2.44}178\newcommand{\msyFull}{+0.75}179\newcommand{\msyFullT}{2.04}180\newcommand{\msyFullTtw}{2.78}181\newcommand{\msyFullPwild}{0.024}182\newcommand{\mplaceboRank}{8}183\newcommand{\mplaceboN}{10}184\newcommand{\mplaceboRankW}{8}185\newcommand{\mplaceboRankOrd}{8th}186\newcommand{\mplaceboRankWOrd}{8th}187\newcommand{\mpermP}{0.28}188\newcommand{\mpermPW}{0.31}189\newcommand{\mpermRank}{126}190\newcommand{\msupWald}{3.43}191\newcommand{\msupWaldP}{0.43}192\newcommand{\msupWaldW}{2.57}193\newcommand{\msupWaldWP}{0.59}194\newcommand{\mplaceboBest}{2016}195\newcommand{\mplaceboDiffTwentyTwo}{+3.7}196\newcommand{\mdidCont}{+2.79}197\newcommand{\mdidContT}{1.28}198\newcommand{\mdidBin}{+4.71}199\newcommand{\mdidBinT}{1.28}200\newcommand{\mevtTwentyTwo}{+0.4}201\newcommand{\mevtTwentyFour}{+7.6}202\newcommand{\mevtEighteen}{+7.7}203\newcommand{\mevtDiffTwentyTwo}{-5.6}204\newcommand{\mevtDiffTwentyThree}{-1.9}205\newcommand{\mevtDiffTwentyFour}{+1.7}206\newcommand{\mevtDiffTwentyTwoSE}{1.2}207\newcommand{\mevtBase}{+5.9}208\newcommand{\mevtTrailTwentyTwo}{-5.5}209\newcommand{\mevtTrailTwentyFour}{+1.7}210\newcommand{\mtenkPost}{+16.7}211\newcommand{\mtenkPostT}{2.61}212\newcommand{\mtenkPre}{+6.8}213\newcommand{\mtenqPost}{+15.1}214\newcommand{\meightkPost}{+7.1}215\newcommand{\mcorrTenK}{0.62}216\newcommand{\mtenqPre}{+5.9}217\newcommand{\meightkPre}{+4.0}218\newcommand{\mcorrEightK}{0.87}219\newcommand{\mhrTenK}{+3.29}220\newcommand{\mhrTenKT}{1.95}221\newcommand{\mhrEightK}{+1.25}222\newcommand{\mhrEightKT}{2.26}223\newcommand{\mhrTenQ}{-0.07}224\newcommand{\mhrTenQT}{-0.11}225\newcommand{\mformWaldP}{0.02}226\newcommand{\mformWaldPraw}{0.23}227\newcommand{\mformwFull}{+5.9}228\newcommand{\mformwFullT}{1.93}229\newcommand{\mcohortTwentyTwoPostShare}{1.8}230\newcommand{\mcohortTwentyTwoPreOnly}{-5.2}231\newcommand{\mcohortTwentyTwoFullSame}{-5.0}232\newcommand{\mspidPre}{+4.0}233\newcommand{\mspidPost}{+4.7}234\newcommand{\mspidPostT}{1.10}235\newcommand{\mspidAnyShare}{2.0}236\newcommand{\mspidAnyPostShare}{4.2}237\newcommand{\mspidAnyPre}{-0.9}238\newcommand{\mspidAnyPost}{+5.5}239\newcommand{\mspidAnyPostT}{1.35}240\newcommand{\mspidAnyPostCI}{[-37.59, 48.66]}241\newcommand{\mspidAnyFirmFull}{+2.8}242\newcommand{\mspidAnyFirmFullT}{0.77}243\newcommand{\mspidAnyFirmFullMDE}{10.1}244\newcommand{\mspidAnyFirmFullCI}{[-4.3, +9.9]}245\newcommand{\mspidCohortMDE}{12.7}246\newcommand{\mspidLegacyMDE}{10.7}247\newcommand{\mspidXpost}{-1.93}248\newcommand{\mspidXpostT}{-1.93}249\newcommand{\mspidXpostTtw}{-0.96}250\newcommand{\mspidTechFirmFull}{+0.1}251\newcommand{\mspidTechFirmFullT}{0.12}252\newcommand{\mesgPost}{-15.9}253\newcommand{\mclimPost}{-8.6}254\newcommand{\mcyberPost}{+13.3}255\newcommand{\mautoPost}{+7.4}256\newcommand{\mcyberPostW}{+8.9}257\newcommand{\mcyberIntT}{3.66}258\newcommand{\mcyberIntTtw}{3.98}259\newcommand{\mcyberIntRW}{0.05}260\newcommand{\mriskIntTtw}{0.96}261\newcommand{\mesgIntTtw}{-1.48}262\newcommand{\mriskPost}{+23.2}263\newcommand{\mriskPostT}{2.04}264\newcommand{\mriskPre}{+9.6}265\newcommand{\madoptPost}{+4.9}266\newcommand{\minfraPost}{+7.8}267\newcommand{\mmacroPost}{-16.2}268\newcommand{\mriskFFsixPost}{+12.5}269\newcommand{\mriskFFsixPostT}{2.79}270\newcommand{\mpcaPostW}{+8.6}271\newcommand{\mpcaFullW}{+4.8}272\newcommand{\mpcaFullWT}{1.95}273\newcommand{\mpcaEVR}{84.3}274\newcommand{\mpcaPost}{+11.6}275\newcommand{\mnEntrantFirms}{1{,}013}276\newcommand{\mnSeasoned}{1{,}362}277\newcommand{\mrankAuto}{0.87}278\newcommand{\mrankAutoFive}{0.72}279\newcommand{\mentrantPrem}{+9.0}280\newcommand{\mseasonedPost}{+12.5}281\newcommand{\mseasonedPre}{+4.2}282\newcommand{\mseasonedFullW}{+4.2}283\newcommand{\mseasonedFullWT}{1.99}284\newcommand{\mlistedPre}{+6.1}285\newcommand{\mlistedPost}{+9.3}286\newcommand{\mmagSevenPost}{+8.4}287\newcommand{\mexTopFiveHundredPost}{+7.2}288\newcommand{\mexTopFiveHundredPre}{+5.9}289\newcommand{\msixmPost}{+2.9}290\newcommand{\miwvPost}{+8.5}291\newcommand{\miwvPre}{+4.8}292\newcommand{\mfvolPost}{+6.6}293\newcommand{\mfvolPostT}{3.35}294\newcommand{\mfvolPre}{+4.1}295\newcommand{\mbreakInfraT}{1.93}296\newcommand{\mbreakComposT}{1.51}297\newcommand{\mbreakComposTtw}{0.80}298\newcommand{\mbreakComposPwild}{0.608}299\newcommand{\mbreakCompos}{+1.63}300\newcommand{\mvwQone}{+12.1}301\newcommand{\mvwQfive}{+19.4}302\newcommand{\mewQone}{+17.6}303\newcommand{\mewQfive}{+23.1}304\newcommand{\mvwMaxWeight}{36}305\newcommand{\mvwMaxWeightVone}{100.0}306\newcommand{\mvwMaxWeightAll}{36}307\newcommand{\mvwMaxWeightAllSort}{cybersecurity placebo}308\newcommand{\mvwMaxWeightAllCell}{AAPL, 2023 cohort, quintile 2}309\newcommand{\mvwCellsAboveAll}{18}310\newcommand{\mvwCellsAboveAllDistinct}{9}311\newcommand{\mvwSortsAboveAll}{SPID technology and cybersecurity placebo}312\newcommand{\mvwMaxWeightCompos}{19}313\newcommand{\mvwMaxWeightComposCell}{AAPL, 2011 cohort, quintile 4}314\newcommand{\mvwCellsAboveCompos}{0}315\newcommand{\mvwMaxWeightComposVone}{100.0}316\newcommand{\mvwCellsAboveComposVone}{31}317\newcommand{\mfeCompos}{-0.07}318\newcommand{\mfeComposT}{-0.12}319\newcommand{\mfeAdopt}{-0.21}320\newcommand{\mfeAdoptT}{-0.35}321\newcommand{\mfeInfra}{+0.03}322\newcommand{\mfeInfraT}{0.05}323\newcommand{\mfeSize}{-44.14}324\newcommand{\mfeSizeT}{-5.49}325\newcommand{\mnLargeFirms}{1{,}585}326\newcommand{\mnSmallFirms}{1{,}566}327\newcommand{\mnSmall}{12{,}048}328\newcommand{\mlargeFFsixPost}{+1.9}329\newcommand{\mlargeFFsixPostT}{0.59}330\newcommand{\mlargeSharpePost}{0.67}331\newcommand{\msmallSharpePost}{0.15}332\newcommand{\msmallSharpePre}{0.51}333\newcommand{\mlargeSharpePre}{0.47}334\newcommand{\msmallFull}{+7.6}335\newcommand{\msmallFullT}{1.89}336\newcommand{\mlargeFull}{+5.3}337\newcommand{\mlargeFullT}{2.06}338\newcommand{\msmallFullW}{+3.9}339\newcommand{\msmallFullWT}{1.19}340\newcommand{\mlargeFullW}{+5.0}341\newcommand{\mlargeFullWT}{2.09}342\newcommand{\msizeGroupChange}{7.6}343\newcommand{\mnNoCap}{308}344\newcommand{\mnNoCapVone}{2{,}168}345\newcommand{\msizeNeuFull}{+6.6}346\newcommand{\msizeNeuFullT}{2.54}347\newcommand{\msizeNeuPost}{+9.9}348\newcommand{\msizeNeuPre}{+5.8}349\newcommand{\msizeNeuFullW}{+4.9}350\newcommand{\msizeNeuFullWT}{2.19}351\newcommand{\mlargeCohorts}{2022: +6.3, 2023: +0.4, 2024: +34.6}352\newcommand{\msmallCohorts}{2022: -15.3, 2023: +21.1, 2024: +15.2}353\newcommand{\mlargeCohortsW}{2022: +6.2, 2023: +0.4, 2024: +31.5}354\newcommand{\msmallCohortsW}{2022: -12.0, 2023: +5.7, 2024: +17.0}355\newcommand{\mfmPostSectorFull}{+1.54}356\newcommand{\mpreCohortsAbove}{11}357\newcommand{\mpreCohortsPositive}{75}358\newcommand{\mpreCohortsPositiveW}{75}359\newcommand{\mnonSPfirms}{1{,}888}360\newcommand{\mspN}{6{,}719}361\newcommand{\mspFirms}{487}362\newcommand{\mspSpreadFull}{+6.8}363\newcommand{\mspSpreadFullT}{2.51}364\newcommand{\mspSpreadFullW}{+5.7}365\newcommand{\mspSpreadFullWT}{2.36}366\newcommand{\mspSpreadPre}{+4.7}367\newcommand{\mspSpreadPost}{+15.3}368\newcommand{\mspSpreadPostT}{2.21}369\newcommand{\mspSpreadPreW}{+3.8}370\newcommand{\mspSpreadPostW}{+13.2}371\newcommand{\mspCohorts}{2022: +13.5, 2023: -6.8, 2024: +39.2}372\newcommand{\mspCohortsW}{2022: +14.8, 2023: -7.1, 2024: +32.0}373\newcommand{\mspSharpePost}{0.69}374\newcommand{\mspSharpePre}{0.53}375\newcommand{\mspFFsixPost}{+1.1}376\newcommand{\mspFFsixPostT}{0.26}377\newcommand{\mspPooledPost}{+15.4}378\newcommand{\mspPooledPostT}{2.24}379\newcommand{\mspPooledPostW}{+13.3}380\newcommand{\mspPooledPostWT}{2.39}381\newcommand{\mspPooledPostWTtw}{1.15}382\newcommand{\mspFMcompos}{+2.08}383\newcommand{\mspFMcomposT}{1.98}384\newcommand{\mrkFMcompos}{+2.77}385\newcommand{\mrkFMcomposT}{2.44}386\newcommand{\mspFMcomposW}{+1.73}387\newcommand{\mspFMcomposWT}{1.94}388\newcommand{\mfmCompos}{+2.77}389\newcommand{\mfmComposT}{2.44}390\newcommand{\mfmComposTplain}{2.75}391\newcommand{\mfmComposW}{+1.88}392\newcommand{\mfmComposWT}{2.41}393\newcommand{\mfmComposWTplain}{2.51}394\newcommand{\mfmComposWCI}{[+0.27, +3.49]}395\newcommand{\mfmComposCI}{[+0.61, +4.92]}396\newcommand{\mnFilingsCorpus}{527{,}548}397\newcommand{\mnIssuersCorpus}{2{,}499}398\newcommand{\mcorrAdoptInfra}{0.79}399\newcommand{\mcorrAdoptRisk}{0.82}400\newcommand{\mcorrSpid}{0.07}401\newcommand{\mcorrCyber}{0.40}402\newcommand{\mcyberNeuFullW}{+2.9}403\newcommand{\mcyberNeuFullWT}{1.98}404\newcommand{\mdsSmallPost}{+15.1}405\newcommand{\mdsLargePost}{+13.5}406\newcommand{\mdsSmallPre}{+9.5}407\newcommand{\mdsLargePre}{+3.1}408\newcommand{\mdsSmallPostW}{+6.1}409\newcommand{\mdsLargePostW}{+12.6}410\newcommand{\mevLarge}{+20.0}411\newcommand{\mevLargeT}{5.29}412\newcommand{\mevLargeCDA}{3.02}413\newcommand{\mevSmall}{+12.2}414\newcommand{\mevSmallT}{2.04}415\newcommand{\mevSmallCDA}{1.51}416\newcommand{\mevSP}{+12.1}417\newcommand{\mevSPT}{1.96}418\newcommand{\mevSPCDA}{1.96}419\newcommand{\mevNonSP}{+14.5}420\newcommand{\mevNonSPT}{3.29}421\newcommand{\mevNonSPCDA}{1.85}422\newcommand{\mevLargeBetaCDA}{1.12}423\newcommand{\mevLargeMadjCDA}{1.22}424\newcommand{\mevLargeEstTwentyOneCDA}{2.09}425\newcommand{\mevLargeSizeMomCDA}{1.38}426\newcommand{\mevLargeFFsixT}{0.52}427\newcommand{\mevLargeFFsixAlpha}{+2.2}428\newcommand{\mevFullFFsixT}{1.20}429\newcommand{\mevLargeWithinCDA}{2.97}430\newcommand{\mevLargeEighteenCDA}{2.97}431\newcommand{\mevSmallEighteenCDA}{0.41}432\newcommand{\mevPlaceboRank}{1}433\newcommand{\mevPlaceboRankT}{1}434\newcommand{\mevPlaceboN}{8}435\newcommand{\mevXsec}{+7.5}436\newcommand{\mevXsecT}{4.52}437\newcommand{\mevXsecSect}{+7.2}438\newcommand{\mevXsecSectT}{4.01}439\newcommand{\mattritionSmallMax}{78}440\newcommand{\mattritionLargeMax}{47}441\newcommand{\mewMinusIWV}{+5.7}442\newcommand{\mewMinusIWVW}{+3.6}443\newcommand{\mewMinusIWVmed}{-3.1}444\newcommand{\msmallMinusIWM}{+14.5}445\newcommand{\mlargeMinusIWV}{-0.1}446\newcommand{\msizeDemeanedFullW}{+5.1}447\newcommand{\msizeDemeanedFullWT}{2.13}448\newcommand{\mlowVolFullW}{+2.5}449\newcommand{\mlowVolFullWT}{2.09}450\newcommand{\mbelowPninetynineFull}{+3.0}451\newcommand{\mbelowPninetynineFullT}{1.75}452\newcommand{\mfvolGradFull}{+4.6}453\newcommand{\mnIWVsnapshots}{17}454\newcommand{\mspecN}{1152}455\newcommand{\mspecPos}{84}456\newcommand{\mspecPosSig}{39}457\newcommand{\mspecPosSigPlain}{35}458\newcommand{\mspecMedian}{+3.9}459\newcommand{\mrwComposFull}{0.32}460\newcommand{\mhlzCount}{1}461\newcommand{\mhygieneMonthlyFlagged}{48}462\newcommand{\mhygieneMonthlyBreaks}{11}463\newcommand{\mhygieneFYFlagged}{104}464\newcommand{\mhygieneFYBreaks}{3}465\newcommand{\mhygieneFYRemoved}{9}466\newcommand{\mnDedupDropped}{52}467\newcommand{\mnStrictTwelve}{27{,}353}468\newcommand{\mnLtTwelve}{1}469\newcommand{\maaplCapTwentyEleven}{310}470\newcommand{\maaplRankTwentyEleven}{2}471\newcommand{\mlogCapMin}{15.5}472\newcommand{\mlogCapMax}{29.0}473\newcommand{\mnExhibitTables}{34}474\newcommand{\mnIWVcaptures}{17}475\newcommand{\mattritionSmallExitMax}{16.1}476\newcommand{\mattritionLargeExitMax}{3.3}477\newcommand{\mboundReqExitHalf}{5.7}478\newcommand{\mboundReqExitFull}{3.3}479\newcommand{\mevLargeWelchRef}{5.29}480\newcommand{\mevFullWelchRef}{3.92}481\newcommand{\mplaceboTmin}{-1.11}482\newcommand{\mplaceboTmax}{1.61}483\newcommand{\mevHolmMin}{0.088}484\newcommand{\mevBHMin}{0.036}485\newcommand{\mmhtRobustPreRWmin}{0.38}486\newcommand{\mmhtRobustPostRWmin}{0.50}487\newcommand{\mmhtSortsFullRWmin}{0.15}488\newcommand{\mcyberIntRWp}{0.05}489\newcommand{\mlargePostExTwentyFourWCI}{[-2.2, +8.8]}490\newcommand{\mcontrastLargeMinusSmallBootCI}{[-4.0, +22.0]}491\newcommand{\mcontrastLargeMinusSmallBoot}{+10.0}492\newcommand{\msectorFEslopeFull}{+0.75}493\newcommand{\msectorFEslopeFullTtw}{2.78}494\newcommand{\msectorFEslopeFullPwild}{0.024}495\newcommand{\mspecIQRlo}{+0.7}496\newcommand{\mspecIQRhi}{+8.5}497\newcommand{\mspecNegSig}{1.5}498\newcommand{\mformWaldStat}{8.25}499\newcommand{\mcohortTwentyTwoPostFilingShare}{4.6}500\newcommand{\mthenMembersCohorts}{2018: all +19.0 vs members +20.4, 2019: all +1.4 vs members +4.2, 2020: all -6.6 vs members -6.7, 2021: all +12.1 vs members +14.4, 2022: all -5.0 vs members -2.9, 2023: all +3.1 vs members +4.2, 2024: all +19.9 vs members +16.4}501\newcommand{\mkwSpearman}{0.13}502\newcommand{\mkwFullW}{+4.7}503\newcommand{\mkwFullWT}{2.30}504\newcommand{\mkwFMW}{+0.61}505\newcommand{\mkwFMWT}{1.25}506\newcommand{\maltSpearman}{0.98}507\newcommand{\maltFullW}{+4.1}508\newcommand{\maltFullWT}{2.33}509\newcommand{\maltFMW}{+1.79}510\newcommand{\maltFMWT}{2.70}511\newcommand{\mexUtilFullW}{+4.6}512\newcommand{\mexUtilFullWT}{2.16}513\newcommand{\mutilShareQfive}{6.5}514\newcommand{\mutilShareAll}{3.2}515\newcommand{\mkwShareZero}{84}516