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Kointegration von Aktienkursen

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  • Walter Krämer

    (Universität Dortmund)

Abstract

Summary It is argued that the stocks of German chemical companies Bayer, BASF and Hoechst are fractionally cointegrated. To the extent that this cointegration is not a statistical coincidence, this opens possibilities for profitable trading strategies.

Suggested Citation

  • Walter Krämer, 1999. "Kointegration von Aktienkursen," Schmalenbach Journal of Business Research, Springer, vol. 51(10), pages 915-936, October.
    • Handle: RePEc:spr:sjobre:v:51:y:1999:i:10:d:10.1007_bf03371604
    DOI: 10.1007/BF03371604
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