Table 1 Cointegrating relationship between the Cryptocurrencies
From: Co-movement in crypto-currency markets: evidences from wavelet analysis
Unrestricted Cointegration Rank Test (Maximum Eigenvalue) | ||||
|---|---|---|---|---|
Hypothesized No. of CE(s) | Eigenvalue | Max-Eigen Statistic | 0.05 Critical Value | Prob.a |
Nonea | 0.034127 | 33.19537 | 32.11832 | 0.0368 |
At most 1 | 0.014041 | 13.51833 | 25.82321 | 0.7628 |
At most 2 | 0.006314 | 6.055783 | 19.38704 | 0.9534 |
At most 3 | 0.005106 | 4.893530 | 12.51798 | 0.6117 |