Academic Field

Business

Faculty Mentor Name

Dr. Manish Tewari

Presentation Type

Oral Presentation

Abstract

This presentation looks at the potential correlation between spot oil prices and daily stock market performance in five countries: Iran, Singapore, Saudi Arabia, Thailand, and Indonesia. Such a correlation is of great relevance to investment analysts involved in the equity markets in these countries. Based on quantitative study of oil prices and stock market index data for each country during the last five years this study will calculate a coefficient that indicates how much oil price changes influence stock market valuation. This study draws on published research in the field and adjusts the oil price data according to fluctuations in the exchange rate between the dollar and the native currency of each country so as to eliminate the “noise” of often volatile foreign currency markets.

Start Date

10-4-2015 4:15 PM

End Date

10-4-2015 5:30 PM

Location

Liberal Arts Bldg 108

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Apr 10th, 4:15 PM Apr 10th, 5:30 PM

Oil Prices and Stock Market Performance: A Five Country Comparative Analysis

Liberal Arts Bldg 108

This presentation looks at the potential correlation between spot oil prices and daily stock market performance in five countries: Iran, Singapore, Saudi Arabia, Thailand, and Indonesia. Such a correlation is of great relevance to investment analysts involved in the equity markets in these countries. Based on quantitative study of oil prices and stock market index data for each country during the last five years this study will calculate a coefficient that indicates how much oil price changes influence stock market valuation. This study draws on published research in the field and adjusts the oil price data according to fluctuations in the exchange rate between the dollar and the native currency of each country so as to eliminate the “noise” of often volatile foreign currency markets.