Open Access. Powered by Scholars. Published by Universities.®
- Discipline
- Keyword
Articles 1 - 2 of 2
Full-Text Articles in Agribusiness
A Study On The Ore Grade, Operating Costs And Investment Value Of Iron Ore Miners Amid China's "Dual Carbon" Policy, Shunyi Yao
Dissertations and Theses Collection (Open Access)
With the growing demand for steel in significant economies, iron ore remains a vital investment in the long run. Although many iron ore miners have recently generated significant returns for investors, some have not performed well financially. The existing literature does not provide an integrated theoretical framework to explain this problem. The study examines the mechanisms determining the investment value of iron ore miners when China establishes carbon peaking and carbon neutrality goals ("Dual Carbon" policy). Further, based on the findings, this study also proposes investment strategies for iron ore miners in the future, which also has a high practical …
Testing Overreaction And Under-Reaction In The Commodity Futures Market, Jingyu Dai
Testing Overreaction And Under-Reaction In The Commodity Futures Market, Jingyu Dai
Dissertations and Theses Collection (Open Access)
Results from previous studies testing for under-reaction and overreaction in the commodity futures market are mixed and inconclusive. Using a data of more than 20 categories of future contacts ranging from agricultural, metal and energy, we have found significant evidence of under-reaction in food and agricultural commodities but not in the energy and metal sector. It is also found that those relatively inactive commodity future contracts tend to have a stronger tendency to under-react than commodity future contracts are very actively traded. The result also agrees with the behavioral hypothesis that under-reaction is caused by gradual incorporation of information among …