Abstract
This paper presented the relationship between the world price of crude oil and oil related stocks over 2011:4-2011:6 is analysed by using a graphical computational correlation analysis method. The Operation Neptune Spear happened in 2011:5 may change nature of the price connection between oil and stock, we evaluate and rank the impact of crude oil for the period before and after the event respectively. Over the statistical results, we find that graphic correlation is superior to typical point-to-point distance calculation for correlation analysis; and we discover stock market interesting knowledge on crude-oil to stock correlations.
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Lai, A., Song, L., Peng, Y., Zhang, P., Wang, Q., Pang, S. (2012). Exploring Crude Oil Impacts to Oil Stocks through Graphical Computational Correlation Analysis. In: Huang, T., Zeng, Z., Li, C., Leung, C.S. (eds) Neural Information Processing. ICONIP 2012. Lecture Notes in Computer Science, vol 7667. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-34500-5_37
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DOI: https://doi.org/10.1007/978-3-642-34500-5_37
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-34499-2
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