T performance of the live cattle futures contract traded on the Chicago Mercantile Exchange. In his article, "A Report on the Systematic Downward %as in Live Cattle Futures Prices," Helmuth (1981) ". . . reports on the discovery of a technique which predicted certain drops in live cattle futures pri
FUTURES PRICES AS FORECASTS OF COMMODITY SPOT PRICES: LIVE CATTLE AND WOOL*
โ Scribed by Giles, David E. A. ;Goss, Barry A.
- Book ID
- 115212813
- Publisher
- Wiley (Blackwell Publishing)
- Year
- 1981
- Tongue
- English
- Weight
- 826 KB
- Volume
- 25
- Category
- Article
- ISSN
- 0004-9395
No coin nor oath required. For personal study only.
๐ SIMILAR VOLUMES
have suggested that, if a futures market provides a forward pricing function, then it is an efficient market. In this article a simple test for whether the Australian Wool Futures market is efficient is proposed. The test is based on applying cointegration techniques to test the Law of One Price ove
of commodity futures price changes is important in testing the efficient market hypothesis since it affects both the selection of appropriate statistical methods and the interpretation of their results. With the initiation of trading in commodity futures options and the reliance on the normal distri