Oil Price Volatility and Boeing Stock Dynamics During the Russia-Ukraine Conflict
DOI:
https://doi.org/10.54691/bcpbm.v30i.2404Keywords:
Russia-Ukraine conflict; Oil price fluctuation; Boeing stock price; Volatility of stock returns-; short- and long-term impact.Abstract
In the background of the Conflict between Russia and Ukraine, the volatility of global oil prices has also led to a fluctuation in the stock prices of many oil-related industries, including the aerospace industry, for example, Boeing company. This paper focuses on the analysis of the dynamic changes in Boeing company's stock price and its stock returns during the Russia-Ukraine conflict. And according to the empirical results, this paper concludes that oil price fluctuations only have a negative impact on Boeing company's stock in the short term and almost no impact in the long run. At the end of this paper, we propose how policymakers and investors should face this phenomenon, and suggest how Boeing should innovate in the future.
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