Table 6 Augmented Dickey–Fuller TEST
From: Impact of COVID-19 effective reproductive rate on cryptocurrency
Cryptocurrency | ADF | p-value | Stock Market or Commodity | ADF | p-value |
|---|---|---|---|---|---|
Price Return Series | Price Return Series | ||||
Bitcoin USD | − 23,9097 | 0,0000 | DJI | − 7,6237 | 0,0000 |
Ethereum USD | − 25,1079 | 0,0000 | GOLD | − 21,6440 | 0,0000 |
Tether USD | − 12,6275 | 0,0000 | EUR | − 20,6818 | 0,0000 |
XRP USD | − 22,4269 | 0,0000 | VIX | − 25,6374 | 0,0000 |
Litecoin USD | − 24,5623 | 0,0000 | |||
BitcoinCash USD | − 24,7690 | 0,0000 | |||
Cardano USD | − 23,8509 | 0,0000 | |||
BinanceCoin USD | − 22,8648 | 0,0000 |
Cryptocurrency | ADF | p-value | Geographic Area | ADF | p-value |
|---|---|---|---|---|---|
Volume Variation Series | Spread (Effective Reproductive Var.) Series | ||||
Bitcoin USD | − 19,5472 | 0,0000 | Asia | − 11,2878 | 0,0000 |
Ethereum USD | − 19,4058 | 0,0000 | Europe | − 10,2362 | 0,0000 |
Tether USD | − 18,2420 | 0,0000 | North America | − 11,1357 | 0,0000 |
XRP USD | − 17,8793 | 0,0000 | World | − 10,8714 | 0,0000 |
Litecoin USD | − 16,3889 | 0,0000 | |||
BitcoinCash USD | − 16,1807 | 0,0000 | |||
Cardano USD | − 17,3640 | 0,0000 | |||
BinanceCoin USD | − 17,7069 | 0,0000 | |||
Price Return Strength Series | Spread (Eff. Rep. Abs. Var.) Series | ||||
Bitcoin USD | − 24,2445 | 0,0000 | Asia | − 3,7795 | 0,0034 |
Ethereum USD | − 17,9780 | 0,0000 | Europe | − 4,9803 | 0,0000 |
Tether USD | − 7,6231 | 0,0000 | North America | − 4,7104 | 0,0001 |
XRP USD | − 17,8657 | 0,0000 | World | − 3,7480 | 0,0037 |
Litecoin USD | − 18,2731 | 0,0000 | |||
BitcoinCash USD | − 23,0945 | 0,0000 | |||
Cardano USD | − 18,2918 | 0,0000 | |||
BinanceCoin USD | − 26,5780 | 0,0000 | − |