Michail, Nektarios A.; Melas, Konstantinos D. - In: Journal of Shipping and Trade (JST) 4 (2019) 9, pp. 1-10
In the current paper, we propose a strategy to trade a portfolio of listed shipping companies in the US market. In particular, we estimate a co-integrating relationship between the weekly stock market returns of a portfolio of tanker shipping companies and the Baltic Tanker Index, exploiting the...
