Introduction to My Master’s Dissertation
Title:
“An Analysis of NFT Market Performance and its Relationship with the S&P 500 Index”
Main Research Questions:
- Relationship between NFT Market Performance and the S&P 500 Index:
- Investigating whether there is a correlation between the performance of NFTs and the S&P 500 Index, and understanding the nature of this relationship.
- Comparison of Investment Characteristics:
- Comparing the investment characteristics and performance of NFTs with traditional art and financial assets to determine similarities and differences.
- Insight into Top NFTs and Traditional Artworks in 2023:
- Providing an overview of the top-performing NFTs and traditional artworks in 2023, analyzing their market trends and factors contributing to their success.
Dissertation Structure:
The thesis is organized into five main parts:
- Introduction:
- Outlines the research questions, objectives, and significance of the study.
- Literature Review:
- Reviews existing research and theories related to NFTs, traditional art markets, and financial assets.
- Methods:
- Details the methodology used to analyze the correlation between NFT market performance and the S&P 500 Index.
- Analysis and Discussion:
- Presents the findings from the data analysis and discusses the implications for investors.
- Conclusion:
- Summarizes the research results, provides actionable insights for investors, and suggests areas for future research.
Research Steps:
- Methodology Section:
- Developed a detailed methodology to analyze the correlation between the NFT market and the S&P 500 Index, including selecting appropriate data sources, statistical tools, and analysis models.
- Data Collection:
- Based on available data on NFT sales, market trends, and S&P 500 performance, covering necessary time periods for robust analysis.
- Analysis:
- Used statistical methods for comparative analysis to identify the correlation, diversification, return, and risk-return characteristics of NFTs.
- Discussion and Impact:
- Interpreted the results of the analysis, discussed the implications for investors, and explored potential strategies for incorporating NFTs into investment portfolios.
- Final Conclusion:
- Summarized the research results, provided actionable insights for investors, and suggested areas for future research.
This structured approach ensures a comprehensive analysis of the NFT market in relation to traditional financial markets, offering valuable insights for both academics and investors.