Theory and Modern Applications
Table 2 Descriptive statistics of the annual gold spot price, its natural logarithm, and its logarithm returns. Source: Data from Bloomberg XAUUSD
Annual | Standard Spot Price | Natural Logarithm | Logarithm return |
|---|---|---|---|
Mean | 573.70 | 6.14 | 4.90% |
Standard deviation | 415.65 | 0.65 | 19.07% |
Skewness | 1.34 | 0.41 | 0.97 |
Kurtosis | 3.56 | 2.67 | 5.23 |