Testing Data Cloning as the Basis of an Estimator for the Stochastic Volatility in Mean Model

Table 5

Estimates of the stochastic volatility in mean model parameters to estimate Bitcoin, using the data-cloning method.

Parameter	Data-cloning estimates	SD	HPD 0.95	MCMC estimates	SD MCMC
ϕ	0.4918337	0.3506	(0.011611 and 0.9855730)	0.4290	0.2661
ση	0.1158941	0.06447	(0.048043 and 0.2844250)	0.4556	0.3318
	0.0001422	7.998e − 6	(0.000131 and 0.0001663)	1.49e − 4	5.28e − 5
b	−0.214432	0.02091	(−0.25487 and −0.173575)	−0.1212	0.1314
d	7.1425561	1.558	(3.851365 and 9.7414312)	2.3354	5.0931