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Table 5 VAR lag order selection criteria

From: Portfolio diversification benefits of alternative currency investment in Bitcoin and foreign exchange markets

Lag LogL LR FPE AIC SC HQ
0.00 109,714.25 NA 1.01e−87 − 140.72 − 140.65 − 140.70
1.00 111,446.14 3414.902 1.92e−88a − 142.3786a − 140.7926a − 141.7889a
2.00 111,771.30 632.3844 2.23e−88 − 142.23 − 139.13 − 141.08
3.00 112,058.68 551.1774 2.72e−88 − 142.03 − 137.42 − 140.32
4.00 112,285.69 429.2586 3.58e−88 − 141.76 − 135.63 − 139.48
5.00 112,491.50 383.6420 4.85e−88 − 141.46 − 133.82 − 138.62
6.00 112,777.37 525.1484 5.94e−88 − 141.26 − 132.10 − 137.85
7.00 113,122.97 625.5969 6.75e−88 − 141.14 − 130.47 − 137.17
8.00 113,455.23 592.4855a 7.80e−88 − 141.00 − 128.81 − 136.47
  1. LR sequential modified LR test statistic (each test at 5% level), FPE final prediction error, AIC akaike information criterion, SC Schwarz information criterion, HQ Hannan–Quinn information criterion
  2. aLag order selected by the criterion