Merkaš, Zvonko; Roška, Vlasta - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-17
The results of empirical analyses confirm that analysed unsystematic factors, the Stock-to-Flow index (S2F), and … to the S2F and S2FX model and thus confirm the reliability of these models in the estimation of BTC value. The research … regarding the S2F model. In addition to all mentioned limitations, the research results indicate the relevance of the S2F and S2 …