Expected Crude Oil Risk as an Equity Return Predictor
March 26, 2014 - Economic Indicators
Is expected crude oil price volatility (risk) an important economic indicator, thereby influencing stock market and individual stock returns? In their February 2014 paper entitled “Oil Risk Exposure and Expected Stock Returns”, Peter Christoffersen and Nick Pan analyze the impact of expected oil risk on the U.S. stock market and on the cross section of… Keep Reading