From: Analysis on the influence factors of Bitcoin’s price based on VEC model
Unrestricted Cointegration Rank Test (Trace) | ||||
---|---|---|---|---|
Hypothesized | Trace | 0.05 | ||
No. of CE(s) | Eigenvalue | Statistic | Critical value | Prob.** |
Nonea | 0.621571 | 147.7871 | 83.93712 | 0.0000 |
At most 1a | 0.520949 | 98.22902 | 60.06141 | 0.0000 |
At most 2a | 0.491372 | 60.69565 | 40.17493 | 0.0001 |
At most 3a | 0.276809 | 26.21774 | 24.27596 | 0.0281 |
At most 4 | 0.116945 | 9.689530 | 12.32090 | 0.1327 |
At most 5 | 0.063517 | 3.346801 | 4.129906 | 0.0798 |