Skip to main content
. 2020 Jul 16;159:120195. doi: 10.1016/j.techfore.2020.120195

Table 1.

Descriptive statistics.

Stock Gold Bitcoin
Mean 0.024 0.032 0.224
Median 0.000 0.015 0.000
Maximum 10.577 6.865 33.558
Minimum −16.063 −10.162 −26.891
Std. Dev. 1.253 1.064 4.942
Skewness −0.753 −0.372 0.077
Kurtosis 14.450 9.272 10.408
Jarque-Bera 28,484.430 8669.268 3982.207
Probability 0.000 0.000 0.000
Correlation 1.000 −0.028 −0.006

Note. The total number of daily stock and gold returns are 5126 observations and for Bitcoin 1741.