The relationship between Chinese copper futures prices and relevant listed company stock price

Abstract

The core point of the paper is test the relationship between Chinese copper futures prices and relevant listed company stock price. The paper selected a data sample to include stock price, future price and the Shang Hai composite index for the period from 04, January 2011 to 31, December 2013. The testing methodology of the paper is the VAR model and basic data analysis, from the results, I can determine the high correlation between the stock price of a related copper listed company and futures copper prices. For the VAR model, it is more difficult to determine the relationship.