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Publication detail
ŠKAPA, S.
Original Title
Commodities as a Tool of Risk Diversification
Type
journal article - other
Language
English
Original Abstract
Investing in commodities has become a new topic for private investors in recent years. Private investors are trying to spread their investments across a much wider spectrum of investments than in the past. They are looking for new sources of return and better diversification of investment risk. In this process, they are searching beyond the traditional asset classes of equities, bonds, cash and real estate. The objective of the paper is to critically explore the possibility of investing in commodities mainly for private investors and analyses investment characteristics. The main scientific aim is to use a complex of more sophisticated and theoretically advanced statistical techniques and apply them on the findings. This paper will provide comprehensive analyses of mostly used commodity indexes of 1st generation and describe main differences between 1st and 2nd generation of commodity indexes and some examples of rollover mechanism will be ritically explain. A representative of 2nd generation of commodity indexes was chosen for comprehensive data analysis to another asset class and for the testing whether commodities decreasing a risk of investment portfolio.
Keywords
commodities, diversification, portfolio
Authors
RIV year
2013
Released
8. 11. 2013
Publisher
Institute of Economic Research and Polish Economic Society Branch in Toruń
Location
Toruń, Poland
ISBN
1689-765X
Periodical
Equilibrium
Year of study
8
Number
2
State
Republic of Poland
Pages from
65
Pages to
77
Pages count
13
BibTex
@article{BUT103618, author="Stanislav {Škapa}", title="Commodities as a Tool of Risk Diversification", journal="Equilibrium", year="2013", volume="8", number="2", pages="65--77", issn="1689-765X" }