Table 5 The averaged return... | Emerald Publishing

Table 5

The averaged return connectedness in the short run (1–5), with geopolitical and consumption indicators

	GRNWIND	GRNGEOX	GRNBIO	PBW	WTI	NG	COAL	BTC	ETH	GPR	CARBON	FROM
GRNWIND	45.61	2.93	3.83	0.74	0.57	0.67	0.85	0.32	0.56	0.68	0.52	11.68
GRNGEOX	3.20	47.22	6.14	1.15	1.67	0.67	1.11	0.30	1.07	0.86	0.60	16.80
GRNBIO	3.88	6.31	45.72	1.12	1.45	0.75	1.50	0.17	0.89	0.63	0.56	17.27
PBW	1.23	1.13	1.63	48.89	1.57	1.00	1.42	0.32	0.54	1.47	0.91	11.21
WTI	0.57	1.55	1.10	0.99	49.85	1.19	2.08	0.32	0.72	1.46	0.64	10.60
NG	0.93	0.72	0.90	1.05	1.34	55.00	1.21	0.54	0.60	0.74	0.76	8.78
COAL	1.01	1.35	1.09	1.10	2.28	1.14	47.55	0.16	0.66	1.34	0.74	10.86
BTC	0.07	0.07	0.06	0.05	0.06	0.08	0.02	12.53	0.15	0.07	0.16	0.81
ETH	0.43	0.78	0.54	0.38	0.41	0.37	0.25	0.29	22.20	0.14	0.22	3.80
GPR	0.63	0.68	0.66	1.10	1.38	0.68	0.97	0.19	0.48	39.13	0.49	7.27
CARBON	0.67	0.62	0.79	0.92	1.24	0.72	0.97	0.32	0.37	0.57	54.04	7.19
TO	12.63	16.15	16.74	8.59	11.99	7.27	10.39	2.92	6.03	7.97	5.59	106.27
NET	0.95	−0.65	−0.53	−2.62	1.38	−1.51	−0.47	2.11	2.23	0.70	−1.60	9.66

	GRNWIND	GRNGEOX	GRNBIO	PBW	WTI	NG	COAL	BTC	ETH	GPR	CARBON	FROM
GRNWIND	45.61	2.93	3.83	0.74	0.57	0.67	0.85	0.32	0.56	0.68	0.52	11.68
GRNGEOX	3.20	47.22	6.14	1.15	1.67	0.67	1.11	0.30	1.07	0.86	0.60	16.80
GRNBIO	3.88	6.31	45.72	1.12	1.45	0.75	1.50	0.17	0.89	0.63	0.56	17.27
PBW	1.23	1.13	1.63	48.89	1.57	1.00	1.42	0.32	0.54	1.47	0.91	11.21
WTI	0.57	1.55	1.10	0.99	49.85	1.19	2.08	0.32	0.72	1.46	0.64	10.60
NG	0.93	0.72	0.90	1.05	1.34	55.00	1.21	0.54	0.60	0.74	0.76	8.78
COAL	1.01	1.35	1.09	1.10	2.28	1.14	47.55	0.16	0.66	1.34	0.74	10.86
BTC	0.07	0.07	0.06	0.05	0.06	0.08	0.02	12.53	0.15	0.07	0.16	0.81
ETH	0.43	0.78	0.54	0.38	0.41	0.37	0.25	0.29	22.20	0.14	0.22	3.80
GPR	0.63	0.68	0.66	1.10	1.38	0.68	0.97	0.19	0.48	39.13	0.49	7.27
CARBON	0.67	0.62	0.79	0.92	1.24	0.72	0.97	0.32	0.37	0.57	54.04	7.19
TO	12.63	16.15	16.74	8.59	11.99	7.27	10.39	2.92	6.03	7.97	5.59	106.27
NET	0.95	−0.65	−0.53	−2.62	1.38	−1.51	−0.47	2.11	2.23	0.70	−1.60	9.66

Source(s): Created by authors