Detail publikace

Investing in Commodities as a Tool of Risk Diversification During the Crisis

ŠKAPA, S.

Originální název

Investing in Commodities as a Tool of Risk Diversification During the Crisis

Typ

článek ve sborníku ve WoS nebo Scopus

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

2. 5. 2013

Nakladatel

Polish Economic Society, Branch in Toruń

Místo

Toruń

ISBN

978-83-62049-24-0

Kniha

Contemporary Issues in Economy - Growth Perspectives in Europe?

Edice

Contemporary Issues in Economy

Číslo edice

1

Strany od

137

Strany do

149

Strany počet

13

BibTex

@inproceedings{BUT104036,
  author="Stanislav {Škapa}",
  title="Investing in Commodities as a Tool of Risk Diversification During the Crisis",
  booktitle="Contemporary Issues in Economy - Growth Perspectives in Europe?",
  year="2013",
  series="Contemporary Issues in Economy",
  number="1",
  pages="137--149",
  publisher="Polish Economic Society, Branch in Toruń",
  address="Toruń",
  isbn="978-83-62049-24-0"
}