The volatility of returns from commodity futures: evidence from India

Financial Innovation

Table 4 Simple Statistics for all three types of contracts for four commodities

		Mean	Median	Maximum	Minimum	Std. Dev.	Skewness	Kurtosis	Jarque-Bera	Probability
Contracts
Potato	Near	0.000978	0.002409	0.285775	−0.406582	0.019603	−3.660024	181.8045	1,802,719	0.000000
	Next Near	0.00158	0.002358	0.264099	−0.437677	0.021901	−4.900318	182.2342	1,440,545	0.000000
	Far	0.000579	0.002266	0.47847	−0.557147	0.037906	−2.459749	121.0494	449,624.1	0.000000
Mentha oil	Near	0.00275	0.000226	0.150534	−0.094422	0.025606	1.582898	11.14921	6391.611	0.000000
	Next Near	−3.34E-05	0.000000	0.101813	−0.410464	0.021692	−4.171503	77.02822	461,557	0.000000
	Far	−0.002403	0.000000	0.669725	−0.591267	0.046594	−3.343164	83.00441	525,838.3	0.000000
Crude oil	Near	−0.000249	0.000621	0.088606	−0.094389	0.018635	−0.228756	5.63786	628.0626	0.000000
	Next Near	−0.000128	0.000763	0.084266	−0.09662	0.017191	−0.276003	5.628188	634.6635	0.000000
	Far	−0.000574	0.000362	0.33352	−0.242462	0.024035	−0.12481	48.82034	180,300.2	0.000000
Gold	Near	0.000515	0.000677	0.081194	−0.064016	0.010629	−0.235882	9.932995	2690.098	0.000000
	Next Near	0.000429	0.000797	0.051936	−0.065173	0.009777	−0.649765	8.615752	1582.362	0.000000
	Far	0.000434	0.000511	0.08112	−0.08509	0.010107	−1.026436	17.93436	12,290.4	0.000000