Download daily prices of BitCoin, Ether, and Cardano from Yahoo Finance over the last 7 years. Also,
Fantastic news! We've Found the answer you've been seeking!
Question:
- Download daily prices of BitCoin, Ether, and Cardano from Yahoo Finance over the last 7 years. Also, download the gold price and S&P 500 index from Yahoo Finance and perform the following analyses:
- Calculate the yearly average cryptocurrency's returns and yearly standard deviation; yearly average gold returns and yearly average S&P 500 index returns.
- Use the data visualization tools (e.g., Histogram; Scatter Plots, etc) to show the patterns from Step 1 among different cryptocurrencies' returns, gold returns and S&P 500 returns. And discuss your findings with relevant research support (e.g., is there any obvious relationship among those assets in the graph?).
- In 2019 and 2020, what were the probabilities that Bitcoin's returns, Ether's returns, and Gold's returns were negative? In 2019 and 2020, what was the probability that Bitcoin's returns were negative when Gold's returns were negative at the same time? Discuss your findings.
Related Book For
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Posted Date: