Hey Prof. Shah,
I have another short question regarding the asgen command.
my if condition ( if Ranking_EU==1) is only observed in December. What I want is to calculate the mean for the whole year. So, ideally use every company in the year and their respective return for every month, which are ranked with a 1 in December.
As I am thinking, what your command really does, I want to ask if with this command:
bysort Date: asgen MW_return_EU1 = Return if Ranking_EU==1, w(MV_EU1)
I think I only consider the returns in December, because from January to November I do not have a ranking.
Thank you if you can help me out.
Best Dan