Analiza wybranych efektów sezonowości stóp zwrotu na rynku miedzi od 1 stycznia 1999 do 31 grudnia 2013 roku

• Autorzy: Krzysztof Borowski

Warianty tytułu

Analysis of selected seasonal rates of return on the cooper market from 1 January 1999 to 31 December 2013

• Języki publikacji: PL

Abstrakty

W pracy przedstawiono badania dotyczące występowania wybranych efektów sezonowości w przypadku ceny kontraktów terminowych na cenę miedzi. Przeprowadzono je dla ceny kontraktów terminowych na cenę miedzi notowanych na London Metal Exchange od 4 stycznia 1999 do 31 grudnia 2013 roku, na bazie 3790 obserwacji. Uzyskane wyniki jednoznacznie wskazują na występowanie wybranych efektów sezonowości w przypadku tego surowca. Niektóre z uzyskanych wyników potwierdzają wyniki innych autorów dla badań przeprowadzonych na rynkach finansowych, a inne z kolei zaprzeczają uzyskanym rezultatom. (abstrakt oryginalny)

EN

This paper presents the study on the prevalence of selected effects of seasonality in cooper future contracts prices quoted on London Metal Exchange. The study was conducted for the prices in the period from 04.01.1999 to 31.12.2013, that is based on 3790 observations. The results clearly indicate the presence of some effects of seasonality in the case of the commodities. Some of the results confirm the findings of other authors in financial markets but the others contradict earlier conducted researches. (original abstract)

Słowa kluczowe

PL

Rynek miedzi; Efektywność rynku; Sezonowość; Rynki towarowe; Rynek surowców; Rynki finansowe

EN

Copper market; Market effectiveness; Seasonal character; Commodity markets; Materials market; Financial markets

• Czasopismo: Ekonomia i Zarządzanie
• Rocznik: 2014
• Numer: nr 3
• Strony: 106--126

Twórcy

autor

Krzysztof Borowski

• Szkoła Główna Handlowa w Warszawie

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Identyfikatory

DOI

10.12846/j.em.2014.03.08