Heliyon, Год журнала: 2024, Номер 10(20), С. e38224 - e38224
Опубликована: Окт. 1, 2024
The current digital innovation, health crisis, together with catastrophic economic and financial events have disturbed both conventional asset markets that caused drastic change in investment avenues. Therefore, the purpose of this study is to investigate connectedness between Non-Fungible Token (NFTs), Decentralized Finance (DeFi) assets, housing market by applying Quantile Ando et al. [27] extreme tail distribution technique. period extended from 5th March 2018 8th January 2024 which covered recent such as Bitcoin Price Crash-2018, COVID-19, Global plummet Oil Demand-2020, Russia-Ukraine War. findings reveal NFTs DeFi assets possess weak normal state, however, become robust bearish bullish states. Moreover, are net transmitters acts receiver shock all Investors, portfolio managers, policymakers should carefully analyze especially during build well diversified profit-gaining portfolios formulate policies.
Язык: Английский