Research ArticleOpen accessIn the keywordsEfficiency and Forecast Performance of Commodity Futures MarketsBernardina Algieri, Matthias KalkuhlThe present study empirically investigates market efficiency and the potential factors of inefficiency in the main non-energy commodity futures markets: maize, soybeans and wheat. With efficient markets, futures prices can be used as commodity price forecasts, with inefficient markets futures prices are not able to predict spot prices. Technically, exploring the drivers of inefficiency means to assess the determinants of … …American Journal of Economics and Business Administration, Vol. 11, Issue 1 · 10 Jun 2019 · 8,375 accessesView PDFCite
Research ArticleOpen accessIn the abstractWhy the Dogs of the Dow Bark Loudly in ChinaCarol Wang, James E. Larsen, Fall M. Ainina et al.Problem statement: The Dogs of the Dow (Dow Dogs) strategy, which has gained widespread popularity in the U.S., is found to be considerably successful in China’s stock markets. This trading strategy contradicts the well-established efficient market hypothesis. Approach: This study examines the cross-sectional variations in the magnitude of the predictive power of the Dow Dogs strategy using Chinese stocks for … …American Journal of Economics and Business Administration, Vol. 3, Issue 3 · 4 Nov 2011 · 8,019 accessesView PDFCite