An Empirical Study of Portfolio Insurance Strategy - Using TAIEX Option as The Adjustment Tool
碩士 === 國立臺灣科技大學 === 企業管理系 === 91 === The idea of portfolio insurance is to reshape the return distribution so as to reduce the downside risk and retain a certain part of the upward gain. The strategies cannot be fulfilled without an appropriate hedging tool, and TAIEX options provide the...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2003
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| Online Access: | http://ndltd.ncl.edu.tw/handle/26129963323362253635 |