Rui Dias – Polytechnic Institute of Setúbal, ESCE, Portugal
Mariana Chambino –Polytechnic Institute of Setúbal, ESCE, Portugal
Paulo Alexandre – Polytechnic Institute of Setúbal, ESCE, Portugal
Keywords:
Events of 2020 and 2022;
Clean energy stocks;
Energy metals;
Coverage assets
Abstract: This article analyzes energy metals, specifically Aluminum (MAL3), nickel futures (NICKELc1), and copper futures (HGU3), concerning 3 clean energy indexes: the S&P Global Clean Energy Index (SPGTCLEN), the Nasdaq Clean Edge Green Energy (CEXX), and the WilderHill Clean Energy Index (ECO). It focuses on a significant period during which investments in clean energy increased significantly, with capital allocations tripling from the previous decade. The study’s findings are of great significance, given the recent surge in clean energy investments. As the world increasingly embraces cleaner energy sources, understanding how these assets relate to clean energy indexes becomes crucial for investors navigating this dynamic landscape. Moreover, the study’s relevance is underscored by recurring market uncertainty, making it a valuable resource for investors seeking to make informed decisions and manage portfolio risks in an era marked by economic uncertainty, policy shifts, and environmental concerns. This work contributes to academic discourse and has practical implications for financial markets.
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7th International Scientific Conference on Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture – ITEMA 2023 – Conference Proceedings, Hybrid (Faculty of Organization and Informatics Varaždin, University of Zagreb, Croatia), October 26, 2023
ITEMA Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia
ITEMA conference partners: Faculty of Economics and Business, University of Maribor, Slovenia; Faculty of Organization and Informatics, University of Zagreb, Varaždin; Faculty of Geography, University of Belgrade, Serbia; Institute of Marketing, Poznan University of Economics and Business, Poland; Faculty of Agriculture, Banat’s University of Agricultural Sciences and Veterinary Medicine ”King Michael I of Romania”, Romania
ITEMA Conference 2023 Conference Proceedings: ISBN 978-86-80194-75-2, ISSN 2683-5991, DOI: https://doi.org/10.31410/ITEMA.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Dias, R., Chambino, M., & Alexandre, P. (2023). Unearthing the Potential: Energy Metals as Hedging Assets in Portfolio Rebalancing Strategies. In V. Bevanda (Ed.), International Scientific Conference ITEMA 2023: Vol 7. Conference Proceedings (pp. 147-155). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ITEMA.2023.147
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