Work

Connectedness Among the Energy Assets, Energy Commodities, Sustainable Assets and Bitcoin: A Portfolio Diversification Perspective

Year: 2025

Type: article

Abstract: This study measures the connectedness between energy assets, sustainable assets, energy commodities, and Bitcoin from January 2021 to October 2024. Using the TVP-VAR extended joint connectedness approach, we observe that Bitcoin, crude oil, and renewable energy are network receivers. In contrast, clean energy and SDG are network transmitters, and natural gas acts as a diversifier. Our research provides insights to investors, policymakers, portfolio managers, and governments.

Source: Energy RESEARCH LETTERS

DOI: 10.46557/001c.137232

Authors: Shimoli Kapadia Shah, Ritesh Patel

Institution: Nirma University

Language: English

Topic: Market Dynamics and Volatility

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Affordable and clean energy, Industry, innovation and infrastructure, Climate action

Open Access status: diamond

OpenAlex ID: W4412374162