Comparison of Hedging Performance by the Lower Partial Moment and Variance of Forward Exchanges
碩士 === 中原大學 === 國際貿易研究所 === 92 === Traditional hedging analysis adopts variance of financial assets return as the risk measure. However, variance by the definition is based on the difference between each sample value and the mean. The downside and upside risks are implicitly regarded as the same acc...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2004
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| Online Access: | http://ndltd.ncl.edu.tw/handle/m2h77t |