How Safe Are the Safe Haven Assets? Insights From a Novel Cross-Frequency Analysis
This study examines the safe haven properties of Bitcoin and Gold in relation to crude oil price fluctuations using a method that incorporates cross-frequency information spillover. The findings indicate that both Bitcoin and Gold exhibit cross-frequency safe haven properties. The results suggest that gold is a more effective safe haven asset. The identification of cross-frequency safe haven properties highlights the importance of developing diverse portfolio management strategies while considering potential cross-frequency information spillover.
Authors
- Suvvari Anandarao (ORCID: https://orcid.org/0000-0002-8890-3348)
- Anoop Kumar (ORCID: https://orcid.org/0000-0002-0060-4897)
- K. Hafsal
Institutions
- Madras Institute of Development Studies (IN)
- Indian Institute of Technology Goa (IN)
- Indian Institute of Science Education and Research Thiruvananthapuram (IN)
Publication Details
- Journal
- Energy RESEARCH LETTERS
- Published
- 2025-07-13
- DOI
- https://doi.org/10.46557/001c.138282
- Primary Topic
- Market Dynamics and Volatility
- Type
- article
- Field-Weighted Citation Impact
- 0.00