The nexus between oil and airline stock returns: Does time frequency matter?

Asadi, Mehrad; Pham, Son Duy; Nguyen, Thao T.T.; Xuan, Hung; Brooks, Robert

doi:10.1016/j.eneco.2022.106444

Cited by 8 publications

(1 citation statement)

References 64 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This suggests that these MCDA methods can serve as reliable decision support systems for financial stakeholders navigating uncertain market conditions. Asadi et al (2023) investigated the link between aviation stock returns and oil prices at various intervals. Using an autoregressive moving average model, the study analyzed the relationship between petroleum and airline stock produced daily, weekly, and monthly.…”

Section: Literature Reviewmentioning

confidence: 99%

Time Series Analysis of Long-Term Stock Performance of Airlines: The Case of Turkish Airlines

Akusta

2024

Politik Ekonomik Kuram

View full text Add to dashboard Cite

This study presents a time series analysis of the long-term stock performance of airlines, with a focus on Turkish Airlines (THY). Stock-related variables were obtained from the Istanbul Stock Exchange, and other variables were obtained from the Turkish Statistical Institute. The research investigates various economic factors that may influence THY's stock prices over an extended period. Specifically, the study examines the relationship between global energy prices, inflation, the BIST100 index, gold prices, exchange rates, and THY stock prices. The analysis employs the Autoregressive Distributed Lag (ARDL) approach, a versatile technique capable of estimating both short-term and long-term relationships between variables. The findings of this research reveal significant and statistically meaningful connections between these economic variables and THY's stock prices. Notably, the study highlights the impact of global energy prices and other economic factors on the long-term stock performance of Turkish Airlines. These results provide valuable insights for investors and analysts seeking to understand and forecast THY's stock price movements.

show abstract

Section: Literature Reviewmentioning

confidence: 99%