Abstract
The broad range of viewpoints with respect to the effects of changing oil prices on U.S. stock markets leave equity portfolio managers puzzled about how changing oil prices are going to affect their portfolios and how and if they should try to manage oil price risk. This article seeks to help equity portfolio managers to better understand and manage oil price risk by studying and estimating the relationship between oil prices and sectors of the U.S. stock market, across several periods of time (not just during oil price shocks). Additionally, the authors test for and discover an exchange-traded fund (ETF) investment security that U.S. equity portfolio managers could use for managing oil price risk.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
