Wyniki wyszukiwania - BazTech

Ograniczanie wyników

1 Journal of Sustainable Development of Transport and Logistics

1 2021

Znaleziono wyników: 1

Liczba wyników na stronie

Wyniki wyszukiwania

Wyszukiwano:
w słowach kluczowych: stock price

Sortuj według:

Ogranicz wyniki do:

Information flow between revenue and stock exchanges: An empirical research on liner shipping companies

Açık Abdullah, Baran Kasapoğlu Esra, Ayaz İlke Sezin

Journal of Sustainable Development of Transport and Logistics

2021

Vol. 6, No. 1

81--89

The aim of this research is to test the volatility spillover between the stock values of the major liner shipping companies in the world and the freight indices measuring the freight revenues in the container market. The dataset in the study consists of 9 stock values of the top 10 biggest liner companies in 2018 and 3 container freight indices on weekly basis covering the period between 05.11.2010 and 06.07.2018. Volatility spillovers have been determined to some companies' stock values from some container freight indices, and the most influential freight index has been determined as New ConTex. Moreover, some volatility spillovers from some companies' stock values to freight indices have been also determined. These results suggest that some stock investors position their portfolios in the market according to the flow of information from freight indices while some investors position by following macro variables.