Dr. Shigeyuki Hamori is a Professor of Economics at Kobe University in Japan. He received a Ph.D. from Duke University. He is the President of the International Research Institute for Economics and Management, the Distinguished Fellow of the International Engineering and Technology Institute (DFIETI), and the Distinguished Fellow of the Institute of Data Science and Artificial Intelligence (DFIDSAI). His main research interests are applied time series analysis, empirical finance, data science, and international finance. He is the Co-Editor of the Singapore Economic Review, the Associate Editor of the International Review of Financial Analysis, and the Associated Editor of the Eurasian Economic Review. He served as the Editor of special issues of various journals such as  Frontiers in Environmental Science, Energies, Emerging Market Finance and Trade, and Journal of Risk and Financial Management. He has published about 250 articles in international peer-reviewed journals and 20 books from Springer, Routledge, World Scientific, etc.

 

Dr. Tadahiro Nakajima is a senior researcher at the Kansai Electric Power Company, Incorporated. He received a Ph.D. from Kobe University. He revceived the Highly Commended Paper of the Studies in Economic and Finance - Literati Award  (Emeral Publishing).  His main research interests are applied time series analysis, energy economics and energy markets. He has published about 20 articles in international peer-reviewes journals and a book from Springer.

 

Chapter 1. Introduction

Chapter 2. Arbitrage Trading in Energy Market and Risk Measurement

2.1 Background

2.2 Data and Preliminary Analyses

2.3 Trading Strategies

2.4 Simulation Results

2.5 Risk Measurement in Statistical Arbitrage

2.6 Concluding Remarks

Chapter 3. Fuel Markets Connectedness and Fuel Portfolio Risk

3.1 Background

3.2 Data

3.3 Methodology

3.4 Results of Analysis

3.5 Concluding Remarks

Chapter 4. Hedging Strategy with Futures Contracts

4.1 Background

4.2 Data

4.3 Methodology

4.4 Results

4.5 Concluding Remarks

Chapter 5. Investing in a portfolio consisting of energies and related commodities

5.1 Background

5.2 Data

5.3 Methodology

5.4 Results

5.5 Concluding Remarks