Stock price forecasting has always been a subject of research given its importance in the macroeconomics of a nation. It is tough to write down the future values of stocks using a specific set of equations. Numerous factors come into the picture when we talk about predicting the future price of...

Futures markets are a potentially valuable source of information about price expectations. Exploiting this information has proved difficult in practice, because time-varying risk premia often render the futures price a poor measure of the market expectation of the price of the underlying asset....