Table 5 Results of UCRY price in 2020... | Emerald Publishing

Table 5

Results of UCRY price in 2020 and 2021

Quantiles	2020				2021
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	−0.0214^***	0.0247^***	−0.0014^***	0.0787^***	−0.0135^***	−0.1055^***	−0.0569^***	0.6862^***
0.1	−0.0024^***	0.0067^***	−0.0006^***	0.0278^***	−0.9155^**	−0.1119^**	0.0149	0.6820
0.25	0.0005^***	0.0021^***	−0.0003^***	0.0588^***	−0.0809^***	−0.0350^***	0.0152^***	0.1599^***
0.5	−0.0214^***	−0.0006	−0.0014^***	0.0787^***	−0.0393^***	−0.0255^***	−0.0066^***	0.2802^***
0.75	−0.0009^***	0.0009^***	0.0003^***	−0.1917^***	−0.0062^***	−0.0035^***	−0.0020^***	−0.6926^***
0.9	0.0063^***	0.0128^***	0.0047^***	−0.1752^***	0.0647^***	−0.1610^***	−0.0032	−4.6093^***
0.95	0.0313^***	0.0119^***	0.0006	−0.2416^***	0.1379^***	0.5275^***	−0.0524^***	−4.4943^***

Quantiles	2020				2021
Quantiles	SI	GB	IS	IB	SI	GB	IS	IB
0.05	−0.0214^***	0.0247^***	−0.0014^***	0.0787^***	−0.0135^***	−0.1055^***	−0.0569^***	0.6862^***
0.1	−0.0024^***	0.0067^***	−0.0006^***	0.0278^***	−0.9155^**	−0.1119^**	0.0149	0.6820
0.25	0.0005^***	0.0021^***	−0.0003^***	0.0588^***	−0.0809^***	−0.0350^***	0.0152^***	0.1599^***
0.5	−0.0214^***	−0.0006	−0.0014^***	0.0787^***	−0.0393^***	−0.0255^***	−0.0066^***	0.2802^***
0.75	−0.0009^***	0.0009^***	0.0003^***	−0.1917^***	−0.0062^***	−0.0035^***	−0.0020^***	−0.6926^***
0.9	0.0063^***	0.0128^***	0.0047^***	−0.1752^***	0.0647^***	−0.1610^***	−0.0032	−4.6093^***
0.95	0.0313^***	0.0119^***	0.0006	−0.2416^***	0.1379^***	0.5275^***	−0.0524^***	−4.4943^***

Note(s): ^***, ^**stands for 1% and 5% level of significance; The significance in italics implied safe haven assets