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Journal of Risk and Financial Management, Volume 16, Issue 7

July 2023 - 43 articles

Cover Story: A relative price strength ratio (RS) between U.S. stocks (S&P 500) and U.S. commodity markets (producer prices, PPI) is analyzed using an econometric model of cycles with data from 1871 to 2022. The study includes the S&P GSCI and the Bloomberg Commodity indexes using data from 1970 to 2022 and 1960 to 2022, respectively. The financial crisis of 2008 and the COVID-19 pandemic impacts are highlighted. The overriding conclusion, based on a model that approximates an optimal bandpass filter, is that a cyclical phenomenon exists between stock markets and commodity markets for both aggregate and tradeable indexes that can last, from peak to peak, about 31 years. Measuring returns and risks in a manner consistent with these cycles sheds new light on portfolio diversification using commodities. View this paper
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Articles (43)

  • Article
  • Open Access
1,643 Views
16 Pages

Predicting corporate default risk has long been a crucial topic in the finance field, as bankruptcies impose enormous costs on market participants as well as the economy as a whole. This paper aims to forecast frailty-correlated default models with s...

  • Article
  • Open Access
1 Citations
3,668 Views
13 Pages

The COVID-19 pandemic has had a marked impact on healthcare businesses since 2020. Healthcare organizations suffered greatly from financial stress coupled with disruptions in national and global supply chains. Healthcare workers and patients alike ex...

  • Article
  • Open Access
6 Citations
5,032 Views
17 Pages

The challenge of accessing finance by entrepreneurs from traditional financial sources is pervasive. The COVID-19 pandemic further exacerbated the problem of limited access to finance from banks. Against this backdrop, the objective of the study was...

  • Article
  • Open Access
1 Citations
2,921 Views
15 Pages

Given the increasing prevalence of telomere research in the healthcare field, this paper first analyzes how newfound discoveries in the domain link to aging, and then explores how research has found a correlation between telomere shortening and healt...

  • Article
  • Open Access
3 Citations
2,975 Views
12 Pages

This paper evaluates the scoring platforms for decentralized autonomous organization (DAO), examining their methodologies and highlighting their strengths and limitations. Using content analysis, we scrutinize the scoring methodologies of the Prime R...

  • Article
  • Open Access
4 Citations
2,663 Views
23 Pages

This research analyzes the speeches and interviews of high-level European Central Bank decision makers from 1997 to 2021 to identify clusters of prominent topics. Transparency is a crucial aspect of modern monetary policy, and public speeches and int...

  • Article
  • Open Access
2 Citations
3,055 Views
23 Pages

This study estimates international and provincial migrants’ impact on provincial-level trade using panel data from 1981 to 2016 for Canadian provinces. The estimated results show that migration plays a significant role in determining Canadian p...

  • Article
  • Open Access
4 Citations
2,843 Views
20 Pages

Accurate data analysis is an important part of data-driven financial audits. Given the increased data availability and various systems from which audit files are generated, RCSFI provides a way for standardization on behalf of analysis. This research...

  • Article
  • Open Access
2 Citations
4,355 Views
11 Pages

Gasoline and crude oil price movements have been the focus of many studies in the last decade. We use the asymmetric error correction model (ERM) to examine the hypothesis of asymmetric pricing for both regular and premium gasoline markets at the US...

  • Article
  • Open Access
5 Citations
3,922 Views
21 Pages

Does the Investor’s Trading Experience Reduce Susceptibility to Heuristic-Driven Biases? The Moderating Role of Personality Traits

  • Neenu Chalissery,
  • Mosab I. Tabash,
  • T. Mohamed Nishad,
  • Ibtehal M. Aburezeq and
  • Linda Nalini Daniel

The aim of this study was to evaluate whether trading experience reduces exposure to heuristic-driven biases, namely availability bias, anchoring and adjustments bias, representativeness bias, and confirmation biases of individual investors operating...

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J. Risk Financial Manag. - ISSN 1911-8074