Dias, R.M.; Chambino, M.; Teixeira, N.; Alexandre, P.; Heliodoro, P. Balancing Portfolios with Metals: A Safe Haven for Green Energy Investors? Energies2023, 16, 7197.
Dias, R.M.; Chambino, M.; Teixeira, N.; Alexandre, P.; Heliodoro, P. Balancing Portfolios with Metals: A Safe Haven for Green Energy Investors? Energies 2023, 16, 7197.
Dias, R.M.; Chambino, M.; Teixeira, N.; Alexandre, P.; Heliodoro, P. Balancing Portfolios with Metals: A Safe Haven for Green Energy Investors? Energies2023, 16, 7197.
Dias, R.M.; Chambino, M.; Teixeira, N.; Alexandre, P.; Heliodoro, P. Balancing Portfolios with Metals: A Safe Haven for Green Energy Investors? Energies 2023, 16, 7197.
Abstract
This study investigates the relationship between energy metals and precious metals to assess their suitability as safe haven assets in clean energy investment portfolios. It focuses on the impact of events in 2020 and 2022, characterized by substantial investments in clean energy. The research reveals that, except for Nickel Futures (NICKELc1), energy metals are positively linked with clean energy indexes. This suggests that they can serve as a secure investment option for green investors looking to diversify their portfolios. As a result, the study dismisses the initial question, indicating that energy metals can indeed be considered safe havens within the context of clean energy investments. Additionally, the research reinforces prior findings that precious metals like gold, silver, and platinum possess safe haven characteristics in relation to specific clean energy stock indexes. These results have significant implications, particularly given the increasing investments in clean energy stocks and the recurring uncertainties in the market. In summary, this study supports the idea that both energy metals and precious metals can play valuable roles in clean energy portfolios, providing stability during turbulent times in the market.
Keywords
Clean Energy Stocks; Energy Metals; Gold; Silver; Platina; Safe Haven
Subject
Business, Economics and Management, Business and Management
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
