Overview
Dr. Matt Brigida, a professor of finance and chair of the Department of Accounting and Finance at SUNY Poly, has published research examining factors influencing cryptocurrency returns. His paper, titled "Crypto pricing with hidden factors," appears in the journal Finance Research Letters. This work focuses on the evolving dynamics between cryptocurrency assets and established financial markets.
Research Context
The study addresses the intersection of cryptocurrency and traditional financial markets. Dr. Brigida's research explores how these two distinct financial domains interact and what elements contribute to cryptocurrency valuation. The paper's title, "Crypto pricing with hidden factors," indicates an investigation into underlying or less apparent determinants of cryptocurrency prices.
Approach
The research approach involves an examination of what drives cryptocurrency returns. The specific methodology employed to identify and analyze these "hidden factors" is detailed within the paper itself, which is published in Finance Research Letters.
Findings
The paper identifies specific elements that influence cryptocurrency returns. Dr. Brigida's work contributes to understanding the mechanisms behind cryptocurrency pricing, particularly within its relationship with traditional financial market structures. The study’s title, "Crypto pricing with hidden factors," suggests the identification of previously unconsidered or less understood variables impacting these returns.
Why This Matters
This research is relevant for understanding the financial mechanisms governing cryptocurrencies. It provides insights into the interactions between cryptocurrency markets and the broader traditional financial landscape, which can inform financial analysis and market comprehension.