Detail publikace

Commodities as a Tool of Risk Diversification

ŠKAPA, S.

Originální název

Commodities as a Tool of Risk Diversification

Typ

článek v časopise - ostatní, Jost

Jazyk

angličtina

Originální abstrakt

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.

Klíčová slova

commodities, diversification, portfolio

Autoři

ŠKAPA, S.

Rok RIV

2013

Vydáno

8. 11. 2013

Nakladatel

Institute of Economic Research and Polish Economic Society Branch in Toruń

Místo

Toruń, Poland

ISSN

1689-765X

Periodikum

Equilibrium

Ročník

8

Číslo

2

Stát

Polská republika

Strany od

65

Strany do

77

Strany počet

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"
}