sh.sePublikasjoner
Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Gold - A Safe Haven: A quantitative research of gold and its role as a safe haven in Sweden
Södertörns högskola, Institutionen för samhällsvetenskaper, Nationalekonomi.
2019 (engelsk)Independent thesis Basic level (degree of Bachelor), 10 poäng / 15 hpOppgave
Abstract [en]

During stormy weathers ships searched for safe havens to stay until the storm had subsided. In much similarity to these ships, investors on the financial markets search for safe assets when the markets start to shake. What could be considered a safe asset seems to be a never-ending discussion but many points out gold as one. However, no further observations of gold as a safe haven on the Swedish financial market has been made. The purpose of this research is to examine if gold could act as a safe haven in Sweden. The data used in this research is daily returns from OMXS30 and the 10-year Swedish government bond, where all returns also has been denominated in U.S. dollar. Further, statistical model has been used.

The result show that gold potentially could act as a ‘safe haven’ for denominated stock returns but not for bond returns. Further, the result show that gold could act as a hedge for stock and bond return (non-denominated). The study concludes that gold does not act as a safe haven for stocks or bonds in Sweden. However, gold show weak safe haven attributes for denominated stock return.

sted, utgiver, år, opplag, sider
2019. , s. 46
Emneord [en]
safe haven, gold, stocks, bonds, ARCH, GARCH, GARCH (1, 1)
HSV kategori
Identifikatorer
URN: urn:nbn:se:sh:diva-38322OAI: oai:DiVA.org:sh-38322DiVA, id: diva2:1324099
Fag / kurs
Economics
Uppsök
Social and Behavioural Science, Law
Veileder
Examiner
Tilgjengelig fra: 2019-06-13 Laget: 2019-06-13 Sist oppdatert: 2019-06-13bibliografisk kontrollert

Open Access i DiVA

Gold - A Safe Haven(937 kB)42 nedlastinger
Filinformasjon
Fil FULLTEXT01.pdfFilstørrelse 937 kBChecksum SHA-512
676121086b30236930c20eba13236bd7c36a3d16bb2f2a25636db9d9e8a1b64ebb7ae3f2a24e4e5373c7b3825ed7b98d5220665f4cd4f0b52684caca30f7f0f8
Type fulltextMimetype application/pdf

Av organisasjonen

Søk utenfor DiVA

GoogleGoogle Scholar
Totalt: 42 nedlastinger
Antall nedlastinger er summen av alle nedlastinger av alle fulltekster. Det kan for eksempel være tidligere versjoner som er ikke lenger tilgjengelige

urn-nbn

Altmetric

urn-nbn
Totalt: 96 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • harvard-anglia-ruskin-university
  • apa-old-doi-prefix.csl
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf