Testing the weak-form efficiency of the WTI crude oil futures market

Weak-Form Efficiency In The German Stock Market

Testing market efficiency of crude palm oil futures to European participants

Palm oil is the most consumed and traded vegetable oils in the EU and the world. Increasing non-food uses for vegetable oils in especially feedstock of biofuels in recent years have caused the price volatility to rise in both EU and global market. The most efficient pricing of crude palm oil (CPO) is to found on Bursa Malaysia (BMD), and it provides by far the world’s most liquid palm oil contr...

Testing Crude Oil Market Efficiency Using Artificial Neural Networks

This paper evaluates the weak-form efficiency of the crude oil markets using the artificial neural network (ANN) model. Based on the daily historical data of the West Texas Intermediate (WTI) crude oil spot price over the period (02 January 198631 December 2013), the model was trained using backpropagation algorithm. The output of the neural network represents the predicted prices which are con...

Hedging Effectiveness of Crude Palm Oil Futures Market in Malaysia

This paper investigated the hedging effectiveness of crude palm oil futures market in Malaysia from January 2009 to June 2011 which traded under Bursa Malaysia Derivatives Berhad. Ordinary Least Squared (OLS) method was used to compute Minimum-Variance hedging ratio (MVHR), R-squared and hedging effectiveness by using daily data from settlement price of crude palm oil futures contracts and spot...

weak-form efficiency in the german stock market