Adediran, Idris A.; Swaray, Raymond; Orekoya, Aminat O.; … - In: Fulbright review of economics and policy 3 (2023) 1, pp. 49-73
Purpose - This study aims to examine the ability of clean energy stocks to provide cover for investors against market …) approach to evaluating the hedging effectiveness of clean energy stocks. The out-of-sample forecast evaluations of the oil risk … evidence that clean energy stocks may hedge against oil market risks. This result is robust to alternative measures of oil risk …