title: Research on Investment Opportunities in Stock Market with Special Focus on Oil Sector
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð¼Ð°Ð³Ð¸ÑÑÑÐ°
titleType: Subtitle
title: ÐÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¾Ð½Ð½ÑÑ Ð²Ð¾Ð·Ð¼Ð¾Ð¶Ð½Ð¾ÑÑÐµÐ¹ Ð½Ð° ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð¼ ÑÑÐ½ÐºÐµ Ñ Ð¾ÑÐ¾Ð±ÑÐ¼ Ð°ÐºÑÐµÐ½ÑÐ¾Ð¼ Ð½Ð° Ð½ÐµÑÑÑÐ½Ð¾Ð¹ ÑÐµÐºÑÐ¾Ñ
Creators: name: Ð¨Ð¸ Ð¦Ð°Ð¹Ñ ÑÐ½
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2024
Subjects: oil sector
stock market
granger causality test
impulse response function
DCC-GARCH
CoVaR

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description: The aim of the research is Research the asymmetric relationship between return of representative stock indices of Russia China and U.S. and crude oil futures yield. The research set the following tasks: 1.Studying the specifics of stock market and the theoretical basis of oil sector. 2. Providing the literature review on the topic and summarized research gap in current research. Concluding factors determine interaction between the oil sector and the stock market. 3. Researching current state of the global oil sector and global stock market. 4. Elaborating research objective and theoretical basis of the model. 5. Empirical analysis about relationship between oil futures returns and stock returns using VAR model and Granger causality test and Impulse response functions. 6. Empirical analysis about correlation between oil futures returns and stock returns using DCC-GARCH model and CoVaR. 7. Discussion of the obtained results and scientific novelty and practical significance The methods of the research: general scientific research methods were used:Â  comparative analysis, the method of analogies, classification, as well as specific research methods, statistical data analysis, regression analysis and others. âstataâ were used as analysis tool. The main results of the graduate qualification work: â Unidirectional asymmetry exists in the Granger causality between the oil industry and the stock market. â Dynamic correlations and risk spillovers between the oil industry and the stock market are confirmed.