日本商品指数的特征及其与股票指数的相关性

Nobuyoshi Yamori
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引用次数: 3

摘要

与日本商品期货市场相关的商品指数形成于2008年,由东京商品交易所(Tokyo commodity Exchange)和东京谷物交易所(Tokyo Grain Exchange)公布。在本文中,我利用这些指标分析了日本商品期货作为组合投资的属性,可以确认其具有不同于股票的投资特征,商品投资者如果运用得当,可以享受到良好的“多元化投资”效果。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Characteristics of Japan’s Commodities Index and its Correlation with Stock Index
The commodity indexes associated with Japan’s commodity-futures markets were formed in 2008 and publicized by the Tokyo Commodity Exchange and the Tokyo Grain Exchange. In this paper, I used these indexes to analyze the properties of Japan’s commodity futures as portfolio investments, and could confirm that they possess investment characteristics that differ from stocks, and that commodity investors can enjoy favorable “diversified investment” effects if leveraged skillfully.
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