Trading strategies in the tanker market
MetadataShow full item record
My senior thesis is a new approach in timing the sale and purchase of ships in the tanker market and examines the performance of this trading strategy. Based on the long-run cointegration between earnings and price, i will examine trading models which can be used as an indicaton fo investment or diverstment timing desicions. I will also explain and test the robustness of the trading models. The results will indicate the thaning strategies based on earning-price ratios significantly out-perform ...