Gaolu Zou

Testing for the Mean Reversion of Chinese Coal Stock Prices

Gaolu Zou · Advances in Research · 2017

Aims: The main purpose of this paper is to test if prices of coal firm stocks in the Chinese A-Share market fluctuate around a long-term trend. Study Design: Existence of a unit root implies that a macroeconomic variable is non stationary and a shock to the market may have impose...