Detail publikačního výsledku

Commodities and Traditional Asset Classes

SMOLÍK, K.

Originální název

Commodities and Traditional Asset Classes

Anglický název

Commodities and Traditional Asset Classes

Druh

Stať ve sborníku v databázi WoS či Scopus

Originální abstrakt

Investments in commodities have grown sharply over the last years. It may be due to an increased fear of inflation, or diversification of investment portfolios. This paper deals with the commodities as an alternative asset class, their historical return performance, volatility, and correlation in comparison with the traditional asset classes – stocks, bonds, and cash. During the reporting period 1998–2012 commodity investments show that there is a considerable difference between the return and volatility characteristics for each class of commodities, and most of them achieved higher returns than cash or equity index.

Anglický abstrakt

Investments in commodities have grown sharply over the last years. It may be due to an increased fear of inflation, or diversification of investment portfolios. This paper deals with the commodities as an alternative asset class, their historical return performance, volatility, and correlation in comparison with the traditional asset classes – stocks, bonds, and cash. During the reporting period 1998–2012 commodity investments show that there is a considerable difference between the return and volatility characteristics for each class of commodities, and most of them achieved higher returns than cash or equity index.

Klíčová slova

Commodities, traditional assets, return, volatility, correlation.

Klíčová slova v angličtině

Commodities, traditional assets, return, volatility, correlation.

Autoři

SMOLÍK, K.

Rok RIV

2014

Vydáno

07.02.2013

ISBN

978-5-7526-0597-0

Kniha

Contemporary Problems of Economics, Business and Management: Theory and Practice.

Strany od

216

Strany do

221

Strany počet

6

BibTex

@inproceedings{BUT101047,
  author="Kamil {Smolík}",
  title="Commodities and Traditional Asset Classes",
  booktitle="Contemporary Problems of Economics, Business and Management: Theory and Practice.",
  year="2013",
  pages="216--221",
  isbn="978-5-7526-0597-0"
}