Software-Skilled Directors and Stock Growth

Mann-Whitney U Test

U statistic: 19375380.0

p-value: 0.4792

Growth distribution by board type

Regression: Number of Software Directors

y = 6135.9991 * x + 1965.4532

R2: 0.0001

p-value: 0.2088

Regression number of software directors

Regression: Proportion of Software Directors

y = 37306.3317 * x + 2341.0096

R2: 0.0

p-value: 0.3683

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 23016.0 0.6412 -14.6524 0.0024 0.2205 -129.3253 0.0028 0.1876
Communication Services 6830.0 0.8965 0.9032 0.0 0.9234 21.1537 0.0003 0.7804
Consumer Cyclical 174592.0 0.1343 -1.8782 0.0 0.8485 -13.6343 0.0 0.8735
Consumer Defensive 26156.0 0.4824 -4.053 0.0001 0.8132 -48.8498 0.0001 0.7702
Energy 5157.0 0.5756 -4.8763 0.0002 0.7758 -53.7526 0.0002 0.7445
Financial Services 1772265.0 0.0001 6.0678 0.0002 0.2839 37.1061 0.0001 0.4858
Healthcare 128856.5 0.6145 -1048.3298 0.0002 0.5753 -7456.3737 0.0002 0.5776
Industrials 287463.0 0.3162 -1.7914 0.0001 0.6965 -16.6284 0.0001 0.6511
Real Estate 32289.0 0.7951 -0.9161 0.0 0.8891 -5.2241 0.0 0.9278
Technology 939991.0 0.3982 12199.9489 0.0001 0.4968 58384.4452 0.0 0.6895
Utilities 4942.0 0.6130 -3.0491 0.0009 0.5931 -24.1469 0.0005 0.6836