Using price data to consider risk in the evaluation of forest management investments.

David C. Baumgartner; Carol A. Hyldahl

doi:10.2737/NC-GTR-144

Treesearch

Using price data to consider risk in the evaluation of forest management investments.

Informally Refereed

Authors:

David C. Baumgartner, Carol A. Hyldahl

Year:

1991

Type:

General Technical Report

Station:

Northern Research Station

DOI:

https://doi.org/10.2737/NC-GTR-144

Source:

General Technical Report NC-144. St. Paul, MN: U.S. Dept. of Agriculture, Forest Service, North Central Forest Experiment Station

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Abstract

Shows how existing information on the historic prices of various timber species and products can be used to provide a measure of the market risk, return, and efficient portfolios of alternative forestry investments using examples from three Midwestern states.

Keywords

timber investments, risk and return, portfolio analysis

Citation

Baumgartner, David C.; Hyldahl, Carol A. 1991. Using price data to consider risk in the evaluation of forest management investments. General Technical Report NC-144. St. Paul, MN: U.S. Dept. of Agriculture, Forest Service, North Central Forest Experiment Station