2022
DOI: 10.1016/j.frl.2022.103175
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The relationship between trading volume, volatility and returns of Non-Fungible Tokens: evidence from a quantile approach

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Cited by 39 publications
(10 citation statements)
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“…Note that although other quantile-based techniques, such as the quantile-connectedness approach (as employed by Refs. [ [23] , [24] , [25] ]) and the quantile-VAR technique [ 26 ], tail-event-network [ 15 ], etc., may be relevant in their domains, their application in this study will not help us analyze the relationship between the dependent and independent variables across different quantiles of both variables. Analyzing the relationship between the variables across the quantiles of both the dependent and the independent variables is important because the dynamics portrayed by the dependent variable are almost always different from the independent variable such that the dependent variable, in this case, a named stock market, could be in a bullish condition while the independent variable, in this case, GPR, may be in either a normal or bearish condition.…”
Section: Introductionmentioning
confidence: 99%
“…Note that although other quantile-based techniques, such as the quantile-connectedness approach (as employed by Refs. [ [23] , [24] , [25] ]) and the quantile-VAR technique [ 26 ], tail-event-network [ 15 ], etc., may be relevant in their domains, their application in this study will not help us analyze the relationship between the dependent and independent variables across different quantiles of both variables. Analyzing the relationship between the variables across the quantiles of both the dependent and the independent variables is important because the dynamics portrayed by the dependent variable are almost always different from the independent variable such that the dependent variable, in this case, a named stock market, could be in a bullish condition while the independent variable, in this case, GPR, may be in either a normal or bearish condition.…”
Section: Introductionmentioning
confidence: 99%
“…This includes the involvement of online communities in NFT gamers' lives. Likewise, online communities encouraged the use of NFTs since it is considered an investment [ 1 ]. Users who play and understand NFT games share their knowledge, resulting in a user-friendly interface.…”
Section: Discussionmentioning
confidence: 99%
“…Non-Fungible tokens (NFTs) are unique digital assets, such as media content, artworks, photos, and videos and that have entered in the collectibles market [ 1 ]. Its popularity skyrocketed during the COVID-19 pandemic, resulting in a surge of market investors.…”
Section: Introduction and Review Of Related Literaturementioning
confidence: 99%
“…They analyzed 188 STOs' white papers from 2017 to 2021 to determine the factors influencing campaign success such as information disclosure and transparency. Yousaf [38] indicates that there is an anti-herding behavior with the need for multiple strategies for investors based on the normal and extreme market conditions for NFTs. It should be mentioned that the NFTs investigated in this article do not include any from Ethereum.…”
Section: Price Determinants For Nftsmentioning
confidence: 99%