I'm trying to understand the concept of coin integration. Could someone explain what it means in the context of cryptocurrencies or blockchain technology?
5 answers
Andrea
Tue Nov 05 2024
Cointegration represents a specific statistical characteristic observed in a set of time series variables, denoted as (X1, X2, ..., Xk).
Daniela
Tue Nov 05 2024
This property signifies that the original set of time series variables is co-integrated.
BonsaiLife
Tue Nov 05 2024
A fundamental prerequisite for cointegration is that each individual series within this set must be integrated to the same order, denoted as 'd'.
HanbokGlamourQueenElegance
Tue Nov 05 2024
Integration of order 'd' implies that each series, after being differentiated 'd' times, becomes a stationary process.
Valeria
Tue Nov 05 2024
When a linear combination of these time series variables, taken from the set (X1, X2, ..., Xk), results in a series that is integrated to an order less than 'd', a unique property emerges.