Stocks vs. their underlying commodity – a comparison analysis
Title: Stocks vs. their underlying commodity – a comparison analysis Seminar date: 2011-01-14 Course: FEKP01; Master thesis, 15 ECTS Authors: Daniel Varaona, Jonas Åström Supervisor: Susanne Arvidsson Key words: Commodities, stocks, return, volatility, correlation, diversification, vertical integration. Aim: Our aim is to investigate to what extent diversification and vertical integration affect r
