Coin

Asset

Test for rank 0

Statistic value

5% critical value

1% critical value

Conclusion

BTC

OIL

Trace test

14.425

15.41

20.04

No cointegration

Max eigenvalue

14.213

14.07

18.63

Cointegration

XRP

OIL

Trace test

10.578

15.41

20.04

No cointegration

Max eigenvalue

10.576

14.07

18.63

No cointegration

LTC

OIL

Trace test

11.642

15.41

20.04

No cointegration

Max eigenvalue

11.490

14.07

18.63

No cointegration

XLM

OIL

Trace test

11.408

15.41

20.04

No cointegration

Max eigenvalue

11.397

14.07

18.63

No cointegration

XMR

OIL

Trace test

24.129

15.41

20.04

Cointegration

Max eigenvalue

22.818

14.07

18.63

Cointegration

DAS

OIL

Trace test

19.474

15.41

20.04

Cointegration

Max eigenvalue

17.786

14.07

18.63

Cointegration

BCN

OIL

Trace test

11.084

15.41

20.04

No cointegration

Max eigenvalue

10.783

14.07

18.63

No cointegration

BTC

SP500

Trace test

17.362

15.41

20.04

Cointegration

Max eigenvalue

17.062

14.07

18.63

Cointegration

XRP

SP500

Trace test

9.391

15.41

20.04

No cointegration

Max eigenvalue

9.390

14.07

18.63

No cointegration

LTC

SP500

Trace test

13.980

15.41

20.04

No cointegration

Max eigenvalue

13.903

14.07

18.63

No cointegration

XLM

SP500

Trace test

11.009

15.41

20.04

No cointegration

Max eigenvalue

11.007

14.07

18.63

No cointegration

XMR

SP500

Trace test

17.480

15.41

20.04

No cointegration

Max eigenvalue

17.333

14.07

18.63

No cointegration

DAS

SP500

Trace test

16.322

15.41

20.04

Cointegration

Max eigenvalue

16.287

14.07

18.63

Cointegration

BCN

SP500

Trace test

10.352

15.41

20.04

No cointegration

Max eigenvalue

10.346

14.07

18.63

No cointegration

BTC

GOLD

Trace test

11.508

15.41

20.04

No cointegration

Max eigenvalue

11.428

14.07

18.63

No cointegration

XRP

GOLD

Trace test

9.396

15.41

20.04

No cointegration

Max eigenvalue

9.341

14.07

18.63

No cointegration

LTC

GOLD

Trace test

8.802

15.41

20.04

No cointegration

Max eigenvalue

8.802

14.07

18.63

No cointegration

XLM

GOLD

Trace test

8.133

15.41

20.04

No cointegration

Max eigenvalue

8.125

14.07

18.63

No cointegration

XMR

GOLD

Trace test

9.876

15.41

20.04

No cointegration

Max eigenvalue

9.830

14.07

18.63

No cointegration

DAS

GOLD

Trace test

11.571

15.41

20.04

No cointegration