Strong, 1991 - Google Patents
Using oil share portfolios to hedge oil price riskStrong, 1991
- Document ID
- 7103889415427043826
- Author
- Strong J
- Publication year
- Publication venue
- Quarterly Review of Economics and Business
External Links
Snippet
This article examines the ability of oil equity portfolios to serve as hedges against oil price changes. While ex ante hedge portfolios outperform naive buy-and-hold strategies, they are not particularly effective, offsetting only one-third to one-half of oil price changes. While …
- 239000003921 oil 0 description 145
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