Software-Skilled Directors and Stock Growth

Exploratory filing-to-filing stock growth comparisons.

Mann-Whitney U Test

U statistic: 50220187.5

p-value: 0.0123

Growth distribution by board type

Regression: Number of Software Directors

y = 16160.9117 * x + 15629.953

R2: 0.0

p-value: 0.3263

Regression number of software directors

Regression: Proportion of Software Directors

y = 274079.015 * x + 13550.153

R2: 0.0001

p-value: 0.0464

Regression proportion of software directors

Sector Results

Sector U statistic U p-value Slope Num R² Num p Num Slope Prop R² Prop p Prop
Basic Materials 58258.0 0.8515 -8.7505 0.0007 0.3579 -55.5449 0.0004 0.4633
Communication Services 40874.0 0.4839 -0.2519 0.0 0.9651 -14.7952 0.0002 0.7269
Consumer Cyclical 278211.0 0.1247 -507.3849 0.0 0.7731 -4264.9498 0.0 0.7746
Consumer Defensive 49574.0 0.6901 -4.833 0.0001 0.7884 -41.0586 0.0 0.8087
Energy 14676.0 0.2347 -19.4498 0.0001 0.7815 -197.1322 0.0001 0.7511
Financial Services 4292977.5 0.0202 -74.9792 0.0 0.4657 -739.0773 0.0 0.4557
Healthcare 592937.0 0.2585 -464.8973 0.0001 0.6246 -2853.259 0.0001 0.6360
Industrials 469030.5 0.3592 -0.5831 0.0 0.9026 -3.2637 0.0 0.9336
Real Estate 195396.0 0.6107 -21.2244 0.0 0.7567 -227.4572 0.0001 0.7068
Technology 2662029.0 0.7748 28414.2628 0.0 0.6503 551406.0125 0.0002 0.2714
Utilities 6424.0 0.6450 18.0447 0.0277 6.07e-05 212.1681 0.0242 0.0002

This is an exploratory screen based on available filing-date stock prices. It is not a causal model.