Publication detail

Soudobé integrační tendence finančních a komoditních trhů

SMOLÍK, K. KARAS, M. BOČEK, A.

Original Title

Soudobé integrační tendence finančních a komoditních trhů

English Title

Contemporary tendencies of integration between commodities and financial markets

Type

journal article - other

Language

Czech

Original Abstract

In connection to the process of financialization of commodity markets which is caused by the sharp increase of amount of money flowing into the commodity markets question arises: What impact does this process have? In this paper we contribute to the discussion about increasing integration between commodities and financial markets in the period of financialization of commodity markets. We found that there is considerable difference between risk/return characteristics for each class of assets and we also found that in the long term commodity assets can contribute to reducing the unsystematic risk of the investment portfolio.

English abstract

In connection to the process of financialization of commodity markets which is caused by the sharp increase of amount of money flowing into the commodity markets question arises: What impact does this process have? In this paper we contribute to the discussion about increasing integration between commodities and financial markets in the period of financialization of commodity markets. We found that there is considerable difference between risk/return characteristics for each class of assets and we also found that in the long term commodity assets can contribute to reducing the unsystematic risk of the investment portfolio.

Keywords

Financialization, commodity markets, financial markets, price level, correlation, Sharpe ratio.

Key words in English

Financialization, commodity markets, financial markets, price level, correlation, Sharpe ratio.

Authors

SMOLÍK, K.; KARAS, M.; BOČEK, A.

RIV year

2013

Released

31. 12. 2013

Publisher

CERM

Location

Brno

ISBN

1802-8527

Periodical

TRENDY EKONOMIKY A MANAGEMENTU

Year of study

7

Number

16

State

Czech Republic

Pages from

1

Pages to

9

Pages count

9

BibTex

@article{BUT104568,
  author="Kamil {Smolík} and Michal {Karas} and Aleš {Boček}",
  title="Soudobé integrační tendence finančních a komoditních trhů",
  journal="TRENDY EKONOMIKY A MANAGEMENTU",
  year="2013",
  volume="7",
  number="16",
  pages="1--9",
  issn="1802-8527"
}