Charts of the Week: Backtesting Impact of Oil Prices on Oil Companies
Commodity prices such as oil can have an adverse effect on energy companies. This can be used to get, buy or sell signals.
In this week's session we will look at the following:
In this week's session we will look at the following:
- Screening for equities in the energy sector.
- Backtesting a trading strategy based on change in oil price.
- Optimizing the strategy using iterations and applying to a list of securities.
Speakers
Arafatul Hoque
Equity Specialist
Bloomberg LP
Arafatul Hoque is an Equity and Technical Analysis Specialist at Bloomberg supporting our buy-side and sell-side clients with Bloomberg Terminal and API, including Bloomberg Query Language (BQL), related queries. Within the Technical Analysis desk, Arafatul support clients leverage our backtesting tools, custom studies and data visualization tools for their analysis. He previously graduated from the University of Warwick with a masters in Mechanical Engineering.