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Cancer Weekly

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Angiogenesis



Research on described by K. Cameron and colleagues



May 26th, 2009

"There has been much speculation about the recent upsurge in crude oil prices and the effect it will have on the economy and business. The objective of this paper is to investigate the relationship between oil prices and stock prices of automobile manufacturers," investigators in the United States report.

"We add an oil price factor, measured alternatively by the excess change in WTI crude oil prices or the excess return on an energy ETF, to the Fama-French three-factor model over the period March 20, 2001 to September 30, 2008. Our dependent variable is the excess return on a price-weighted index of automobile manufacturers. Results indicate that oil prices add value...


Source: Cancer Weekly (2009-05-26)

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