加密货币波动的成熟标志

IF 3.1 3区物理与天体物理 Q2 PHYSICS, MULTIDISCIPLINARY

Physica A: Statistical Mechanics and its Applications Pub Date : 2025-02-14 DOI:10.1016/j.physa.2025.130433

Asim Ghosh , Soumyajyoti Biswas , Bikas K. Chakrabarti

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引用次数: 0

摘要

我们研究了过去十年加密货币价格的波动，特别是波动的不平等。我们通过不同的度量来计算价格波动中的不平等，例如基尼指数和加尔各答指数，以及这些波动的Q因子（由最高值与平均值之间的比率给出）。我们将结果与一些更突出的国家货币的等量进行比较，发现虽然加密货币的波动（或这种波动中的不平等）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倾向于国家货币的特征水平。我们还比较了几个主要股票价格的类似数量。

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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.

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来源期刊

Physica A: Statistical Mechanics and its Applications 物理-物理：综合

CiteScore

7.20

自引率

9.10%

发文量

852

审稿时长

6.6 months

期刊介绍： Physica A: Statistical Mechanics and its Applications Recognized by the European Physical Society Physica A publishes research in the field of statistical mechanics and its applications. Statistical mechanics sets out to explain the behaviour of macroscopic systems by studying the statistical properties of their microscopic constituents. Applications of the techniques of statistical mechanics are widespread, and include: applications to physical systems such as solids, liquids and gases; applications to chemical and biological systems (colloids, interfaces, complex fluids, polymers and biopolymers, cell physics); and other interdisciplinary applications to for instance biological, economical and sociological systems.