This paper examines the prediction performance using a principal component analysis (PCA). In particular, we perform a PCA to identify significant factors (principal components) and then use these factors to form predictions of stock price movements. We apply this strategy to the Chinese stock...

As the energy market has grown in importance in recent decades, researchers have paid increasing attention to swing option contracts. Early studies evaluated the swing contract as if it were a financial derivative contract, by ignoring its storage constraints. Aided by recent advances in...