MODELLING THE IMPACT OF COBALT AND LITHIUM PRICE FLUCTUATIONS ON VOLATILITY OF TESLA MOTOR INC. SHARES

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10241095" target="_blank" >RIV/61989100:27510/18:10241095 - isvavai.cz</a>
Result on the web
<a href="https://msed.vse.cz/msed_2018/article/173-JimberDelRio-JuanAntonio-paper.pdf" target="_blank" >https://msed.vse.cz/msed_2018/article/173-JimberDelRio-JuanAntonio-paper.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
MODELLING THE IMPACT OF COBALT AND LITHIUM PRICE FLUCTUATIONS ON VOLATILITY OF TESLA MOTOR INC. SHARES
Original language description
The development and current technological innovation has triggered the importance of certain metals called critical such as cobalt and, to a lesser extent, lithium. These metals are necessary for the production of batteries, and specifically those of electric vehicles. The spectacular increase of demand for these metals has led to a high increase of the price, due to its reduced availability. Tesla Motors Inc., that has developed the most efficient and long-lasting batteries for the manufacture of its electric vehicles, belongs to companies that are most sensitive to a change of cobalt and lithium prices. The aim of this paper is to examine effects of cobalt and lithium price fluctuations on volatility of Tesla Motors Inc. shares. In order to model mutual relationships between cobalt and lithium prices shocks and Tesla Motors Inc. volatility, we utilized the DCC GARCH model. Empirical analysis is provided on daily data in the period of 2013 - 2017 years. The overall results indicate that changes in lithium prices may have significant impact on volatility of Tesla Motors Inc. shares over time.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
12TH INTERNATIONAL DAYS OF STATISTICS AND ECONOMICS : conference proceedings : September 6–8, 2018, Prague, Czech Republic
ISBN
978-80-87990-14-8
ISSN
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e-ISSN
neuvedeno
Number of pages
12
Pages from-to
729-740
Publisher name
MELANDRIUM
Place of publication
SLANY
Event location
Prague
Event date
Sep 6, 2018
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000455809400073

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