A comparative research study of the Cryptocurrencies’ volatility using GARCH-model analysis
This thesis examines four exchange rate pairs of fiat currencies in comparison to four of the main cryptocurrencies based on market capitalization. The primary goal is to obtain new estimates for the cryptocurrencies based on the use of the GARCH (1.1) model, the EGARCH (1.1) model and simple historical volatility (SHV). The volatility is regarded as an essential risk measure in the management of
