<< Chapter < Page Chapter >> Page >

Relevance to traders

The crude oil futures market is important to traders, investors, and business leaders. Short-term or "high-frequency" traders trade quickly on positive margin to make money. Medium-term traders tend to follow the business cycle by buying when the market is at a low and selling or shorting when it's at a high. Long-term investors are looking for long-term , reliable growth. Business leaders in the oil industry, on the other hand, are looking at futures and deciding when it's time to increase or decrease production. Management teams in fuel-dependent industries, such a aviation and shipping, are looking to see when its time to buy oil futures to guarantee purchase at some fixed (and predictable) future price.

Energy Trading

All these market participators are looking for the same thing in their technical analysis of the market: patterns. The main patterns that time series analysis goes after are trend and seasonality.

  • Trend is an overall trend of the time series. This can often be found by "filtering" the time series using a moving-window average.
  • Seasonality is the periodic recurrence of a similar pattern in the data. This can be seen in consumer demand for fuel over the course of many years.

Gasoline Demand
Gasoline consumer demand since 2001. Notice the periodicity present in this time series.

Questions & Answers

what is biology
Hajah Reply
the study of living organisms and their interactions with one another and their environments
AI-Robot
what is biology
Victoria Reply
HOW CAN MAN ORGAN FUNCTION
Alfred Reply
the diagram of the digestive system
Assiatu Reply
allimentary cannel
Ogenrwot
How does twins formed
William Reply
They formed in two ways first when one sperm and one egg are splited by mitosis or two sperm and two eggs join together
Oluwatobi
what is genetics
Josephine Reply
Genetics is the study of heredity
Misack
how does twins formed?
Misack
What is manual
Hassan Reply
discuss biological phenomenon and provide pieces of evidence to show that it was responsible for the formation of eukaryotic organelles
Joseph Reply
what is biology
Yousuf Reply
the study of living organisms and their interactions with one another and their environment.
Wine
discuss the biological phenomenon and provide pieces of evidence to show that it was responsible for the formation of eukaryotic organelles in an essay form
Joseph Reply
what is the blood cells
Shaker Reply
list any five characteristics of the blood cells
Shaker
lack electricity and its more savely than electronic microscope because its naturally by using of light
Abdullahi Reply
advantage of electronic microscope is easily and clearly while disadvantage is dangerous because its electronic. advantage of light microscope is savely and naturally by sun while disadvantage is not easily,means its not sharp and not clear
Abdullahi
cell theory state that every organisms composed of one or more cell,cell is the basic unit of life
Abdullahi
is like gone fail us
DENG
cells is the basic structure and functions of all living things
Ramadan
What is classification
ISCONT Reply
is organisms that are similar into groups called tara
Yamosa
in what situation (s) would be the use of a scanning electron microscope be ideal and why?
Kenna Reply
A scanning electron microscope (SEM) is ideal for situations requiring high-resolution imaging of surfaces. It is commonly used in materials science, biology, and geology to examine the topography and composition of samples at a nanoscale level. SEM is particularly useful for studying fine details,
Hilary
cell is the building block of life.
Condoleezza Reply
Got questions? Join the online conversation and get instant answers!
Jobilize.com Reply

Get Jobilize Job Search Mobile App in your pocket Now!

Get it on Google Play Download on the App Store Now




Source:  OpenStax, Elec 301 projects fall 2011. OpenStax CNX. Jun 18, 2012 Download for free at http://cnx.org/content/col11431/1.1
Google Play and the Google Play logo are trademarks of Google Inc.

Notification Switch

Would you like to follow the 'Elec 301 projects fall 2011' conversation and receive update notifications?

Ask