I am using the eventstudies package in R and I get:
Error: no successful events
I have a data frame of EventDates:
name when
<chr> <dttm>
1 BMG169621056 2015-05-20 00:00:00
2 BMG491BT1088 2018-05-10 00:00:00
3 BMG6359F1032 2014-06-03 00:00:00
4 BMG6359F1032 2014-06-03 00:00:00
5 BMG6359F1032 2014-06-03 00:00:00
6 BMG6359F1032 2014-06-03 00:00:00
7 BMG6359F1032 2014-06-03 00:00:00
8 BMG6359F1032 2014-06-03 00:00:00
9 BMG6359F1032 2015-06-02 00:00:00
10 BMG6359F1032 2015-06-02 00:00:00
# … with 3,772 more rows
and I have the zoo matrix of StockReturns:
X01.01.2010 2.65 3.7667 82.67 25.8328
US0028962076 US0038813079 US00508Y1029 US0062121043
X01.01.2010 34.85 9.11 35.64 8.3006
US00724F1012 US00751Y1064 US00766T1007 US0077371096
X01.01.2010 36.78 40.48 27.5 15.75
US0080731088 US00130H1059 US00817Y1082 US0012041069
# … with 2,429 more rows and 647 total columns
I am using the eventstudies
package in R and here is my code and the error I get:
es <- eventstudy(event.list = as.data.frame(EventDate),
firm.returns = read.zoo(Returns, index.column = "dates",
format = "X%d.%m.%Y"), event.window = 1, type= "None",
to.remap = TRUE, remap = "cumsum", inference = TRUE,
inference.strategy = "bootstrap")
Error: no successful events
Would be thankful if someone helped me with my problem or gave me at least some tips!