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Forecasting of Price Returns of Meme Coins

Year 2023
Volume/Issue/Review Month Volume - XVI, Issue - II, Jul. - Dec.
Title Forecasting of Price Returns of Meme Coins
Authors Tejus Prabhu , Dr. Nagaraja M.S.
Broad area Finance
Abstract

Due to people’s increased access to the internet and social media, investing in meme coins has grown in popularity. Using a variety of time series models like ARMA, ARIMA, GARCH, ARMA-GARCH, etc., we address forecasting of a meme coin called Pepemon Pepeballs and understanding the behavioral patterns in order to choose the best model for the aforementioned. The McLeod-Li Test was employed to determine whether ARCH/GARCH effect was present in the mean model. According to the results, the ARMA (4,2)-GARCH (1,1) model was the most appropriate one for Pepemon Pepeballs.

Description Forecasting of Price Returns of Meme Coins
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