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| UnderINV | ICQ | Top1 | Lev | Fcf | Size | Growth | Roa |
| UnderINV | 1.000 |
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| ICQ | −0.127*** | 1.000 |
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| Top1 | −0.023* | 0.096*** | 1.000 |
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| Lev | −0.095*** | −0.166*** | −0.035*** | 1.000 |
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| Fcf | −0.010 | 0.092*** | 0.133*** | −0.160*** | 1.000 |
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| Size | −0.172*** | 0.141*** | 0.259*** | 0.359*** | 0.116*** | 1.000 |
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| Growth | 0.035*** | −0.052*** | −0.002 | 0.073*** | −0.147*** | −0.045*** | 1.000 |
|
| Roa | 0.028** | 0.290*** | 0.141*** | −0.383*** | 0.360*** | 0.100*** | −0.015 | 1.000 |