Results 1 to 10 of about 1,628 (255)

STOCK INDEX FUTURES HEDGING: HEDGE RATIO ESTIMATION, DURATION EFFECTS, EXPIRATION EFFECTS AND HEDGE RATIO STABILITY

Journal of Business Finance & Accounting, 1996
This paper examines hedging effectiveness for the FTSE‐100 Stock Index futures contract from 1984 to 1992. It investigates the appropriate econometric technique to use in estimating minimum variance hedge ratios by undertaking estimations using OLS, an ECM and GARCH. Simple OLS outperforms more complex econometric techniques.
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The Effects of Hedges in Persuasive Arguments

Journal of Language and Social Psychology, 2008
Drawing together research on persuasion and text comprehension, two experiments test the effects of hedge placement (Experiment 1) and hedge type (Experiment 2) on attitudes, source evaluations, and perceptions of argument strength. Participants read an editorial in support of implementing comprehensive exams at their university.
Amanda M. Durik, M. Anne Britt, Rebecca Reynolds, Jennifer Storey   +3 more
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Evaluating the Effectiveness of Futures Hedging

2014
This chapter examines the Ederington hedging effectiveness (EHE) comparisons between unconditional OLS hedge strategy and other conditional hedge strategies. It is shown that OLS hedge strategy outperforms most of the optimal conditional hedge strategies when EHE is used as the hedging effectiveness criteria.
Donald Lien, Geul Lee, Li Yang, Chunyang Zhou   +3 more
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The Effects of Hedge Fund Activism

2021
In this paper I explore the relationship between the rise of hedge fund activism and firm outcomes, using a study design that explicitly takes into account how activists pick their targets. Contrary to much prior work, I find no evidence that activism is associated with increased firm operating performance or significant long-term returns once ...
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The Hedging Effect of Corporate Debt

SSRN Electronic Journal, 2012
Despite the common perception that levered firms are riskier, a review of empirical studies and past theoretical works is presented to discuss the hypotheses that i) corporate debt does not increase the overall risk of the firm; ii) corporate debt reduces the risk and return of equity; iii) equity investors can use corporate debt to lower their return ...
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Hedging Effectiveness of Fertilizer Swaps

2017
One potential tool fertilizer dealers and producers have to protect themselves against fertilizer price risk is the fertilizer swaps market. Swaps usually settle using a floating variable price that is determined by an index of cash prices. This paper calculates hedge ratios and hedging effectiveness of urea and DAP (diammonium phosphate) swaps that ...
Maples, William E., Brorsen, B. Wade, Maples, William E., Brorsen, B. Wade   +3 more
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The effect of a hedge on the flow of air

Quarterly Journal of the Royal Meteorological Society, 1952
AbstractExperiments are described in which the horizontal wind speed at three heights up to 2 m is measured at various distances up and down wind from a dense hedge 1·68 m high on occasions with wind directions approximately normal to the hedge.
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Hedge effectiveness: Basis risk and minimum-variance hedging

Journal of Futures Markets, 1992
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Hedging. How Effective Is It?

Journal of Farm Economics, 1953
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Measuring minimum variance hedging effectiveness: Traditional vs. sophisticated models

International Review of Financial Analysis, 2023
Udayan Sharma, Madhusudan Karmakar
exaly