Cryptocurrencies are becoming an exciting topic for legislative bodies, practitioners, media, and scholars with diverse academic backgrounds. The work identifies diversification benefits when cryptocurrencies are combined with the equity instruments from Visegrad Stock Exchanges. Furthermore, the results of the study explore financial and economic benefits for the investors of combining cryptocurrencies with equity stocks on the mixed portfolio. Three different independent experiments were conducted to observe diversification benefits generated from cryptocurrencies. Results from the two experiments show that cryptocurrencies employ higher portfolio risk and generate higher returns when they are involved with equity stocks portfolios. The first experiment indicates that cryptocurrencies reduce the risk level of the equity portfolios while increase average returns. Providing the equity portfolios with additional equity stocks lower the portfolio risk which is in line with the theoretical paradigms. Results indicate that cryptocurrencies must be seriously considered by the portfolio managers as an essential aspect of the portfolio diversification benefits. Future studies might raise the samples of selected portfolios with stocks from different stock indexes, to identify the problem from a broader perspective.
This paper discusses the correlation between transport and the economy. The rationality of doing this research lies on the need for a clearer definition of transport t o economic development and for the economic growth of a country or a region. The developing economies should plan their transport based on their economic projections and they should avoid the policies based on infrastructure develop ment and transport resources. In order to discuss this assumption in this paper have correlation analysis is used to observe the transport growth and GDP growth in developed and in developing countries using the data from official bureaus and from the recent literature. Furthermo re, the identification of the economic benefits of transport and opposite consequences of transport is performed in order to analyze and compare the gross value of transport in developing and developed economies. To achieve this the correlation analysis is performed. As a result we have projected the differences of increase of GDP and transport in different economies in mid and in long term considering two scenarios.
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