Table 3.

Descriptive statistics for all data series΄returns, 19/4/2014 to 31/3/2021

	RBITCOIN	RETHEREUM	RXRP	RTETHER	RDJIA	RSP500	REUROSTOXX 50	RFTSE 100	RMSCI	REURUSD
Mean	0.1891	0.3860	0.1692	− 0.0870	0.0274	0.0299	0.0079	0.0011	0.0208	− 0.0059
Max	22.5119	41.1980	102.7053	50.0498	10.7643	8.9683	8.8343	8.6668	8.4063	3.0158
Min	− 46.4729	− 55.0743	− 61.6344	− 68.7140	− 13.8418	− 12.7653	− 13.2405	− 11.5124	− 10.4417	− 2.3821
Std. Dev	3.8599	6.1508	6.6840	1.8937	0.9767	0.9429	1.0554	0.8849	0.7967	0.4201
Skewness	− 0.8431	0.0712	1.9544	− 13.4245	− 1.2943	− 1.2153	− 12.3040	− 1.0978	− 1.7549	0.0513
Kurtosis	15.6497	11.0617	40.0758	19.4900	41.2713	35.3007	22.0587	24.2977	38.6963	7.8651
Jarque–Bera	1712.20	555.80	1461.70	934.00	1547.00	1103.50	3883.21	4820.94	1351.20	2490.30
Probability	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000	0.0000
Obs	2524	2039	2523	2177	2524	2524	2524	2524	2524	2524

Bitcoin’s sample starts from 19/4/2014; Ethereum’s from 8/8/2015; XRP’s from 19/04/2014; and Tether’s from 25/2/2015; J-B is the Jarque–Bera statistic for non-normality;DJIA’s, SP500’s, Eurostoxx 50’s, FTSE 100’s, MSCI’s and EURUSD’s samples start from 19/4/2014