Untitled

Commentaries — March 8, 2005

Crude Oil’s Selective Impact On Stock Groups The impact of crude oil prices on relative stock market group performance can be quantified as a beta, or relative volatility measure. This in turn can be combined with an assessment of stock market group alpha to produce a map of which segments can be expected to out-perform… Continue reading Untitled

Open Crude Oil’s Selective Impact On Stock Groups
The impact of crude oil prices on relative stock market group performance can be quantified as a beta, or relative volatility measure. This in turn can be combined with an assessment of stock market group alpha to produce a map of which segments can be expected to out-perform or under-perform the broad market given a direction in crude oil prices. Several recent strong performers are likely to fall if crude oil prices continue to rise.