Krymskij Naučnyj Vestnik (Apr 2016)

DAILY DYNAMICS VOLUME AND PRICES OF OIL BRENT AND IMPACT ON FINANCIAL CAPACITY OF THREE FACTORS

  • Peter Mazurkin

Journal volume & issue
Vol. 2, no. 2(8)
pp. 205 – 224

Abstract

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According to the factual data Daily average price difference between the maximum and minimum price and sales volume given the laws of dynamics from 02.03.2007 to 02.24.2016 on the example of Brent crude oil. Additionally, take into account a new parameter in the form of financial capacity as the product of daily sales at the average price of oil. Because of the strong fluctuations in sales factor analysis was conducted on the highs of sales in the form of the envelope of the dynamic range of the line with the 02.03.2007 on 04.04.2016. It is possible to obtain statistical vysokoadekvatnye single-factor and three-factor model, which allowed to analyze the behavior of the world oil market in the past and show the ability to forecast with a decrease and stabilization of sales of oil. Provides detailed laws of graphics.

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