We build a portfolio encompassing US crude oil, natural gas and stocks to study the
diversification power of energy commodities. Such diversification power depends on the …

Do alternative assets such as commodities improve portfolio diversification? The empirical
evidence is generally positive but mixed, and almost exclusively focuses on US data. Using …

In this article we discuss whether commodities should be included as an asset class when
establishing portfolios. By investigating second order stochastic dominance relations, we …

This paper provides an in-depth assessment of commodity futures on applied risk
measurement. We provide a thorough empirical study on deconstructed commodity futures …

Purpose In addition to the seminal approach of Markowitz (1952) that is based on finding the
optimal budget shares for minimizing risk, the authors also make use of the approach …

We propose a stochastic spanning approach to assess whether a traditional portfolio of
stocks and bonds spans augmented portfolios including commodities, foreign exchange …

This study compares a range of agricultural commodities over periods of varying economic
circumstances. These commodities are examined over three categories, including returns …

This dissertation was written as part of the MSc in Banking and Finance at the International
Hellenic University. The study addresses the diversification effects of incorporating …

The purpose of this study is to find the process of self-actualization of the main character in
the novel Siddhartha, written by Hermann Hesse. Siddhartha is a novel by the German writer …

This research sought to investigate the assumption that commodities operate as hedging
and safe-haven for stocks-during various periods of stock market volatility. In this regard …