Study Results from Athens University of Economics and Business Update Understanding of Kurtosis (The Skewness-kurtosis Plane for Cryptocurrencies' Universe).

A study conducted by researchers at Athens University of Economics and Business explored the concept of Kurtosis in relation to cryptocurrency returns. The research found that the relationship between Skewness and Kurtosis for cryptocurrencies follows a parabolic form, with the squared Skewness of tokens significantly affecting the slope of Kurtosis. The study utilized a quadratic model to analyze the Skewness-kurtosis plane for cryptocurrencies and investigated how different factors such as the type of cryptocurrency and the time period impact this relationship. This peer-reviewed research provides valuable insights into the unique characteristics of cryptocurrency markets. [Extracted from the article]