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Correlation between stocks and tokenized stocks (2021) (lemmy.whynotdrs.org)

submitted 11 months ago by [email protected] to c/[email protected]

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Please see the attached image.

"Only two out of twenty tokens have correlations beneath this threshold, namely McDonald's Corporation and Gamestop Corporation with respective correlation coefficients of 0,79 and 0,93."

Buyse, J. (2021). Impact assessment of digital assets on securities markets [Universiteit Gent]. https://libstore.ugent.be/fulltxt/RUG01/003/010/051/RUG01-003010051_2021_0001_AC.pdf

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[–] [email protected] 5 points 11 months ago (1 children)

Speaking as someone who is not an expert in statistics - next time, please include information on what is wrong (or being misinterpreted) in the initial comment. I'm sure we'll all be able to better improve our understandings that way.

[–] [email protected] -5 points 11 months ago (1 children)

I did.

[–] [email protected] 4 points 11 months ago

Was referring to this initial comment in case that was not clear: https://lemmy.whynotdrs.org/comment/1835267