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assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …
Persistent link: https://www.econbiz.de/10010515402
assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …
Persistent link: https://www.econbiz.de/10010407524
sample consists of fve prospective safe-haven assets-gold, bitcoin, the euro, the Japanese yen, and the Swiss franc-and fve … 225. Our fndings are useful for inves‑ tors searching for the best safe-haven assets among gold, bitcoin, and currencies … to hedge against fnancial turmoil in global stock markets. Our unique fndings suggest that safe-haven efects work …
Persistent link: https://www.econbiz.de/10014541628
between gold and stock and to check the effectiveness of gold as a hedge or a safe haven for stocks. Results showed that: (1 …This paper examines the dynamic relationships between gold and stock markets in China. Using daily gold and stock … to the increasing investment demand of gold, the hedging effect of gold on China’s stock market has strengthened …
Persistent link: https://www.econbiz.de/10011759995
assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …
Persistent link: https://www.econbiz.de/10013063358
Our study extends the existing literature by exploring the impact of three major risk and uncertainty indices on the … dependency structures between extreme economic policy uncertainty (EPU) shocks and the DJIM world, consumer goods, financials … the lower quantiles. In contrast, the basic materials and oil & gas sectors can hedge the EPU shocks better than the DJIM …
Persistent link: https://www.econbiz.de/10014236216
outbreak. During the COVID-19 sub-period, gold is shown to be a strong hedge (diversifier) for the majority (minority) of Asian … analyses show that the hedge portfolio returns in many cases are mostly driven by gold implied volatility and inflation …This study examines the safe-haven and hedging roles of gold against thirteen Asian stock markets during the COVID-19 …
Persistent link: https://www.econbiz.de/10012522356
We examine the risk minimization utility of Islamic stock and Sukuk (bond) indices by studying their linkages against traditional global counterparts. We first employ an asymmetric power ARCH-based ADCC model on an extended dataset employed by Kenourgios et al. (2016). Our sample ranges from...
Persistent link: https://www.econbiz.de/10013305934
the Islamic stock market of Indonesia provides a full hedge against actual, while the conventional stock market does not …
Persistent link: https://www.econbiz.de/10012800376
-haven assets after Covid-19. To do that, we compare both hedge and safe-haven properties of gold, Bitcoin, and crude oil against G … show that the hedging effectiveness of gold, Bitcoin, and crude oil varies overtime before the Covid-19 pandemic …
Persistent link: https://www.econbiz.de/10012705552