Price volatility analysis is a basic problem in the price modification,financial risk estimation and management process.Among the global commodities,oil plays an important role in the development of modern industry an...Price volatility analysis is a basic problem in the price modification,financial risk estimation and management process.Among the global commodities,oil plays an important role in the development of modern industry and economy.Hence the price of crude oil analysis is a hot topic.It is also a difficult topic since there are so many factors associating the price volatilities.And some factors give the different influences in the different periods.Based on data computing,people generally classify the factors into positive and negative ones.But some factors do not affect the price as the nominal effect.For instance,the output of OPEC gave the positive contributions to the oil price in the past long time.Hence,the investigation of the historic WTI oil price is well proposed and the factors are classified into active and passive ones.And then the better explanations are given using this type of classification.展开更多
文摘Price volatility analysis is a basic problem in the price modification,financial risk estimation and management process.Among the global commodities,oil plays an important role in the development of modern industry and economy.Hence the price of crude oil analysis is a hot topic.It is also a difficult topic since there are so many factors associating the price volatilities.And some factors give the different influences in the different periods.Based on data computing,people generally classify the factors into positive and negative ones.But some factors do not affect the price as the nominal effect.For instance,the output of OPEC gave the positive contributions to the oil price in the past long time.Hence,the investigation of the historic WTI oil price is well proposed and the factors are classified into active and passive ones.And then the better explanations are given using this type of classification.
