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different foreign equity markets and commodities. We present the findings that reflect the perspective of Polish investor. Our … commodities are rather moderately correlated with the equity markets and the degree of comovement even diminish if we convert the … USD prices into PLN ones. This phenomenon increases the potential for risk reduction of Polish investor. …
Persistent link: https://www.econbiz.de/10011551373
elements for a commodities based industrialisation strategy, including an analysis of the benefits of such strategy for Africa …
Persistent link: https://www.econbiz.de/10011985838
The aim within this paper is to analyze the difference between momentum and contrarian portfolios constructed under the cross-sectional and time-series analysis, within the commodity futures markets. The returns indicate that the contrarian portfolios are the most profitable, as well as it's...
Persistent link: https://www.econbiz.de/10011988761
This paper focuses on the valuation and hedging of gas storage facilities, using a spot-based valuation framework coupled with a financial hedging strategy implemented with futures contracts. The contributions of this paper are two-fold. Firstly, we propose a model that unifies the dynamics of...
Persistent link: https://www.econbiz.de/10011996092
In today's interrelated economies, financial information travel at speed of light to reach investors around the globe. Global financial markets experience regular shocks that transmit negative waves to other equity markets and different asset classes. Given the unique characteristics of...
Persistent link: https://www.econbiz.de/10011996132
' prices (especially commodities) - during the analyzed time periodthe average flows to commodity or currency ETCs were close …The article presents the main features of one category of innovative financial products - exchange traded commodities … exchanges and they offer investors returns based on various assets (commodities or currencies). In contrast with the most widely …
Persistent link: https://www.econbiz.de/10012011806
Supply Chain Management (SCM) fulfils an important role in the economy and public expenditure of a country and can be regarded as a critical factor for the efficiency of a government because it is a main component of public service delivery. Since the introduction of the SCM policy in South...
Persistent link: https://www.econbiz.de/10014527848
Commodity trading firms occupy a central position in global supply chains and their activities have been associated with financial instability, social upheaval and manifold forms of ecological devastation. This paper examines these companies in the context of debates regarding corporate...
Persistent link: https://www.econbiz.de/10012423756
prices. Genetic algorithms seem relevant in this field for many reasons. For instance, they lack the necessity to assume a … frequent while forecasting the commodity prices of, for example, crude oil. Moreover, growing interest in their application has … promising results. In this article, three groups of commodities are discussed: energy commodities, metals, and agricultural …
Persistent link: https://www.econbiz.de/10013199745
This paper examines the performance of a näive equally weighted buy-and-hold portfolio and optimization-based commodity futures portfolios for various lookback and holding periods using data from January 1986 to December 2018. The application of Monte Carlo simulation-based mean-variance and...
Persistent link: https://www.econbiz.de/10013200301