Comparison of price reaction chosen indirect crude oil investment to trend in crude oil prices

Abstract

Investments in crude oil recently belong among the most profitable ones. Among these investments we include direct crude oil futures investments and modern structured indirect investments (in this case warrant) with crude oil being the underlying asset, crude oil companies funds investments, crude oil fund investments or crude oil companies stock investments. However development of prices of particular indirect investments differ not only comparing to each other but also comparing to direct investments in the commodity. The goal of our entry is to identify and compare different warrant price development reflectance to American crude oil and American crude oil companies' stock using the determination of so called psychological barrier regarding three time periods.