EBF 301
Global Finance for the Earth, Energy, and Materials Industries

Lesson 8 Activities

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Price Analysis

  • Go to the EIA website (Spot Prices) and find WTI - Cushing, Oklahoma daily spot price data.
  • Go to the EIA website (NYMEX Futures Prices) and find WTI - Cushing, NYMEX daily Futures Prices (Contract 1).
  • Extract the last six full month daily prices for both spot and NYMEX.
  • Separate each month: So, there will be six full sets of data for each, NYMEX and spot prices.
  • Clean the data: make sure dates are matching.
    • In case of missing data (not the weekends), use interpolation to set the value for the missing price data.
  • Draw a graph for each month and include both series (futures and spot) in the graph. There will be total of six graphs.
    • For example, include the January spot and futures in one graph.
  • Calculate the correlation between spot and futures for each month.
  • Calculate the 10-period moving standard deviation for spot and futures for each month.
  • Calculate the 10-period volatility for spot and futures for each month's data.

Submit an Excel file.

Grading Criteria

This activity is worth up to 20 points on the EBF 301 grading scale.

  • Cleaning and organizing the data (2 points)
  • Six graphs (3 points) 
  • Correlation (3 points) 
  • 10-period moving standard deviation for each month (6 points) 
  • 10-period volatility for each month data (6 points)

Fundamental Factors

The Fundamental Factors activity is due as usual this week, at 11:59 pm on Sunday, and is worth 30 points on the EBF 301 grading scale. Please refer to the Fundamental Factors Instructions for additional information and grading rubric.


Quiz

Return to Canvas to complete the L8 Quiz.

Submitting Your Work

Price Analysis: in Canvas. Submit your work as a single Excel document to the Lesson 8 Activity in Canvas.

Fundamental Factors: Submit your work as a single Word document to the Lesson 8 Fundamental Factors Activity in Canvas.

Quiz: Take the quiz in Canvas.