Risk Management in Agriculture through Commodity Futures
- 2018-09-02
- 8
- 8 53 .
The descriptive analysis of spot prie and futures price brings to light the fact that there is lower possibility of having extreme values in the distribution of spot price and futures price. Absence of casual relationship from spot market to futures market implies that spot price does not have information content about the futures price does not have information content about the futures price while futures price is the indicator of spot price.