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10.1016/j.frl.2021.101958

http://scihub22266oqcxt.onion/10.1016/j.frl.2021.101958
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34803529!8597114!34803529
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suck abstract from ncbi


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pmid34803529      Financ+Res+Lett 2021 ; 43 (ä): 101958
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  • Performance of gold-backed cryptocurrencies during the COVID-19 crisis #MMPMID34803529
  • Wasiuzzaman S; Haji Abdul Rahman HSW
  • Financ Res Lett 2021[Nov]; 43 (ä): 101958 PMID34803529show ga
  • This study is aimed at investigating the performance of Gold-backed cryptocurrencies during the COVID-19 crisis and in particular, during the bear market of 2020. Analysis is conducted on the daily returns of PAX Gold from 2 October 2019 to 28 September 2020 using the ARMA-GARCH model. The results are compared with those of Paxos Standard (PAX) and Gold during the same period. The results show the mean returns of the three financial instruments increase during crisis periods but the increase is insignificant. PAX Gold experiences increased volatility during the COVID-19 crisis and the bear market but the increase is insignificant.
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