Table 1. Descriptive statistics of the...

Table 1.

Descriptive statistics of the returns of energy futures over the period from April 01, 2013 to June 30, 2017

Statistics	Crude oil WTI futures	Gasoline RBOB futures	Brent oil futures	London gas oil futures	Natural gas futures	Heating oil futures
Mean	0.023859	0.000843	0.006063	0.000190	−0.001303	0.000262
Median	0.004320	0.000549	0.000792	0.000127	0.000000	0.000000
Maximum	2.012110	2.015609	2.989895	3.008068	2.023857	2.998405
Minimum	−2.008380	−2.007232	−3.004220	−3.011824	−2.029023	−2.997241
Std. dev	0.408074	0.442137	0.472735	0.479061	1.200520	0.502125
Skewness	−0.168788	−0.007011	−0.027161	−0.003708	−0.016946	−0.013400
Kurtosis	9.182568	10.36711	11.22941	12.08568	2.291499	11.35522
Jarque–Bera	1,714.033*	2,426.522*	3,027.920*	3,690.654*	22.49376*	3121.107*
Probability*	0.000000	0.000000	0.000000	0.000000	0.000013	0.000000
Observations	1,073	1,073	1,073	1,073	1,073	1,073

Statistics	Crude oil WTI futures	Gasoline RBOB futures	Brent oil futures	London gas oil futures	Natural gas futures	Heating oil futures
Mean	0.023859	0.000843	0.006063	0.000190	−0.001303	0.000262
Median	0.004320	0.000549	0.000792	0.000127	0.000000	0.000000
Maximum	2.012110	2.015609	2.989895	3.008068	2.023857	2.998405
Minimum	−2.008380	−2.007232	−3.004220	−3.011824	−2.029023	−2.997241
Std. dev	0.408074	0.442137	0.472735	0.479061	1.200520	0.502125
Skewness	−0.168788	−0.007011	−0.027161	−0.003708	−0.016946	−0.013400
Kurtosis	9.182568	10.36711	11.22941	12.08568	2.291499	11.35522
Jarque–Bera	1,714.033*	2,426.522*	3,027.920*	3,690.654*	22.49376*	3121.107*
Probability*	0.000000	0.000000	0.000000	0.000000	0.000013	0.000000
Observations	1,073	1,073	1,073	1,073	1,073	1,073

Notes:

This table reports the returns of the energy futures (crude oil WTI, gasoline RBOB, Brent oil, London gas oil, natural gas and heating oil), over the period of study from April 01, 2013 to June 30, 2017. Statistical significance at the 1% level is denoted by*

Source: Own elaboration

[ViewLarge]