ArticleHeliyon2024
Examining the safe-haven and hedge capabilities of gold and cryptocurrencies: A GARCH and regression quantiles approach in geopolitical and market extremes.
Article in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
1 citing paper in PubMed.
- Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
This paper examines gold and cryptocurrencies' hedge and safe-haven capabilities against various downturns, including the COVID-19 pandemic and Geopolitical Risks (GPR), across different market conditions. The study covers a sample period from 2013 to 2021 at a daily frequency, employing the GARCH model and quantile regression with binary variables. The empirical results indicate that neither gold nor cryptocurrencies can act as strong hedges against infectious disease pandemics. However, gold, Bitcoin, and Ethereum exhibit weak safe-haven abilities during geopolitical risks. Using regression quantiles, the study finds that gold demonstrates a strong safe-haven against low and high Infectious Disease Epidemic Market Volatility (IDEMV) during extremely bearish and bullish markets. In contrast, Bitcoin and Ethereum act as strong safe havens only against low IDEMV during extreme bearish markets. Gold also shows a strong hedge propriety against extreme geopolitical events, while cryptocurrencies provide a weak hedge. Overall, gold exhibits strong safe-haven properties against low and high Geopolitical tensions, while cryptocurrencies' hedging and safe-haven abilities vary across markets. These findings convey insights for investors and guidance to supervisors on the evolution of gold, Bitcoin, and Ethereum as safe-haven and hedge instruments during both bearish and bullish markets.
Indexed as
Identifiers
What OpenQuestion holds
Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.