Stock in crypto currency is worth much less than it was, according to a new study.
The researchers at the University of Chicago’s Booth School of Business conducted an analysis of how much crypto currency stock is available in the U.S. and found that the stock market has been worth less in recent years than it did in the past.
The study, titled Crypto Stock Market Index: The Most Recent Market Data and Price, was published on Tuesday by the University and Harvard Business Review.
“Crypto stock market index has been at a low price for many years now,” said Dr. Jens-Uwe Dornbir, lead author of the study and a professor of economics and management at Booth School.
“We see this trend for crypto stock market indexes.
The last time they were at the same level was in 2009.”
The researchers examined the latest data from the National Association of Stock Exchanges (NASDAQ) and the NASDAQ Capital IQ database.
The index is a reference for investors to compare different securities.
The index is updated weekly.
The average of the last three months’ data was used for calculating the index.
“The most recent data was published last week, which is a week before the first trade day of trading in the new year,” Dornnbir said.
“The trend is there.”
The authors of the report say that the price of crypto stock has dropped over the past year, from a high of $2,100 per share in late 2016 to $1,400 per share today.
The NASDAQ stock market is not the only market that has suffered.
The value of the U and the S&P 500 indexes have also fallen.
However, the decline in crypto stock price is a little more dramatic.
The authors found that from the fourth quarter of 2016 to the third quarter of 2017, the value of crypto-stock stock was down more than 90 percent.
“For the period from June 1, 2017, to the end of December 2017, crypto stock index has declined from a market capitalization of $1.8 trillion to $9.6 trillion,” the study says.
The decline in value of cryptomash has been attributed to the fact that crypto-stocks have been subject to a “market disruption,” meaning that many of the companies that make crypto-currency stock are not part of the broader stock market.
“This disruption has been particularly severe in the energy, food and pharmaceutical industries,” the researchers write.
“Crypto stocks have also been subject at times to significant market disruptions.
The most notable disruption was the recent bitcoin crash in December 2017.
We also observe significant market volatility in crypto-tech and in bitcoin futures markets.
For example, we see large volumes of trade in bitcoin and cryptocurrency futures markets, and significant volumes of trades in bitcoin derivatives.”
While crypto stock indexes are not included in the NASE index, Dornbnir says that the market is likely to recover after the first trading day of 2018, which could lead to an increase in crypto stocks’ price.
The research team estimates that crypto stock prices in the United States will increase between $1 trillion and $2 trillion over the next 12 months.