加密货币波动的成熟标志

Asim Ghosh, Soumyajyoti Biswas, Bikas K. Chakrabarti
{"title":"加密货币波动的成熟标志","authors":"Asim Ghosh, Soumyajyoti Biswas, Bikas K. Chakrabarti","doi":"arxiv-2409.03676","DOIUrl":null,"url":null,"abstract":"We study the fluctuations, particularly the inequality of fluctuations, in\ncryptocurrency prices over the last ten years. We calculate the inequality in\nthe price fluctuations through different measures, such as the Gini and Kolkata\nindices, and also the $Q$ factor (given by the ratio between the highest value\nand the average value) of these fluctuations. We compare the results with the\nequivalent quantities in some of the more prominent national currencies and see\nthat while the fluctuations (or inequalities in such fluctuations) for\ncryptocurrencies were initially significantly higher than national currencies,\nover time the fluctuation levels of cryptocurrencies tend towards the levels\ncharacteristic of national currencies. We also compare similar quantities for a\nfew prominent stock prices.","PeriodicalId":501294,"journal":{"name":"arXiv - QuantFin - Computational Finance","volume":"6 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-09-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Signature of maturity in cryptocurrency volatility\",\"authors\":\"Asim Ghosh, Soumyajyoti Biswas, Bikas K. Chakrabarti\",\"doi\":\"arxiv-2409.03676\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We study the fluctuations, particularly the inequality of fluctuations, in\\ncryptocurrency prices over the last ten years. We calculate the inequality in\\nthe price fluctuations through different measures, such as the Gini and Kolkata\\nindices, and also the $Q$ factor (given by the ratio between the highest value\\nand the average value) of these fluctuations. We compare the results with the\\nequivalent quantities in some of the more prominent national currencies and see\\nthat while the fluctuations (or inequalities in such fluctuations) for\\ncryptocurrencies were initially significantly higher than national currencies,\\nover time the fluctuation levels of cryptocurrencies tend towards the levels\\ncharacteristic of national currencies. We also compare similar quantities for a\\nfew prominent stock prices.\",\"PeriodicalId\":501294,\"journal\":{\"name\":\"arXiv - QuantFin - Computational Finance\",\"volume\":\"6 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-09-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"arXiv - QuantFin - Computational Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/arxiv-2409.03676\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - QuantFin - Computational Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2409.03676","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0

摘要

我们研究了过去十年中加密货币价格的波动,特别是波动的不平等性。我们通过基尼指数和加尔各答指数等不同指标来计算价格波动的不平等程度,以及这些波动的 Q$ 因子(由最高值和平均值之间的比值表示)。我们将结果与一些更重要的国家货币的同等数量进行了比较,发现虽然加密货币的波动(或这种波动的不平等)最初明显高于国家货币,但随着时间的推移,加密货币的波动水平趋向于国家货币的特征水平。我们还比较了一些著名股票价格的类似数量。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Signature of maturity in cryptocurrency volatility
We study the fluctuations, particularly the inequality of fluctuations, in cryptocurrency prices over the last ten years. We calculate the inequality in the price fluctuations through different measures, such as the Gini and Kolkata indices, and also the $Q$ factor (given by the ratio between the highest value and the average value) of these fluctuations. We compare the results with the equivalent quantities in some of the more prominent national currencies and see that while the fluctuations (or inequalities in such fluctuations) for cryptocurrencies were initially significantly higher than national currencies, over time the fluctuation levels of cryptocurrencies tend towards the levels characteristic of national currencies. We also compare similar quantities for a few prominent stock prices.
求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信