Marginal probability change induced by a one-standard deviation change in the independent variables (probit)

[Philipp Conrads]

Hello everyone,

I would like to run a probit regression in which target indicates whether a firm is a hedge fund target and which equals 1 if it is a target and 0 otherwise (it is my dependent variable). My explanatory variables are mkvalt (market value), B/M (market to book ratio), SALESGROWTH, CF (cash flow over assets), LEV (book leverage), DIVYLD (dividend Yield), RND (R&D over assets), CAPEX (capital expenditures over assets).

I would like to know the impact on probability of being targeted of one standard deviation increase/decrease in predictor variables.
Is there any way of doing so?

Thank you in advance!

[Phil Bromiley]

You'll increase your chances of a useful answer by following the FAQ on asking questions - provide Stata code in code delimiters, readable Stata output, and sample data using dataex.

Yes - after almost any Stata estimator, the margins command will give you predicted values (including probabilities for probit) for any chosen values of rhs variables. Just pick two values one sd apart.