Analysis of Bitcoin and Alternative Assets Based on VAR Model
Authors
Yingying Xia1, *, Dan Wang2, *
1North China University of Technology, Beijing, 100144, China
2CETC Research Center for Development and Strategy, Beijing, 100041, China
*Corresponding author.
Email: 2607381233@qq.com
*Corresponding author.
Email: 553018951@qq.com
Corresponding Authors
Yingying Xia, Dan Wang
Available Online 30 December 2022.
- DOI
- 10.2991/978-2-494069-89-3_206How to use a DOI?
- Keywords
- Bitcoin; S; P physical assets index; VAR model
- Abstract
This paper is based on April 2020 to July 2020 bitcoin price and s & p real assets index data, using the VAR model for dynamic identification, empirical analysis results show that the currency price is s & p real assets index, but s & p real assets index is not the currency price granger. At the same time, as can be seen from the pulse response chart, when the price of bitcoin is impacted by one unit, the S & P physical assets index will fluctuate greatly, close to 0 in stage 5, indicating that the price of bitcoin has an impact on the S & P physical assets index.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yingying Xia AU - Dan Wang PY - 2022 DA - 2022/12/30 TI - Analysis of Bitcoin and Alternative Assets Based on VAR Model BT - Proceedings of the 2022 5th International Conference on Humanities Education and Social Sciences (ICHESS 2022) PB - Atlantis Press SP - 1797 EP - 1804 SN - 2352-5398 UR - https://doi.org/10.2991/978-2-494069-89-3_206 DO - 10.2991/978-2-494069-89-3_206 ID - Xia2022 ER -