Yamori, Nobuyoshi (2009): Characteristics of Japan’s Commodities Index and its Correlation with Stock Index.
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Abstract
The commodity indexes associated with Japan’s commodity-futures markets were formed in 2008 and publicized by the Tokyo Commodity Exchange and the Tokyo Grain Exchange. In this paper, I used these indexes to analyze the properties of Japan’s commodity futures as portfolio investments, and could confirm that they possess investment characteristics that differ from stocks, and that commodity investors can enjoy favorable “diversified investment” effects if leveraged skillfully.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Characteristics of Japan’s Commodities Index and its Correlation with Stock Index |
| Language: | English |
| Keywords: | commodity future; commodity index; Japan |
| Subjects: | G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice ; Investment Decisions G - Financial Economics > G1 - General Financial Markets > G19 - Other |
| Item ID: | 17160 |
| Depositing User: | Nobuyoshi Yamori |
| Date Deposited: | 07 Sep 2009 19:12 |
| Last Modified: | 09 Oct 2019 00:21 |
| References: | No reference |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/17160 |
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