Detail publikace

Soudobé integrační tendence finančních a komoditních trhů

SMOLÍK, K. KARAS, M. BOČEK, A.

Originální název

Soudobé integrační tendence finančních a komoditních trhů

Anglický název

Contemporary tendencies of integration between commodities and financial markets

Typ

článek v časopise - ostatní, Jost

Jazyk

čeština

Originální abstrakt

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.

Anglický abstrakt

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.

Klíčová slova

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

Klíčová slova v angličtině

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

Autoři

SMOLÍK, K.; KARAS, M.; BOČEK, A.

Rok RIV

2013

Vydáno

31. 12. 2013

Nakladatel

CERM

Místo

Brno

ISSN

1802-8527

Periodikum

TRENDY EKONOMIKY A MANAGEMENTU

Ročník

7

Číslo

16

Stát

Česká republika

Strany od

1

Strany do

9

Strany počet

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"
}