保值

废杂铜企业如何利用期货市场进行保值？

How do the used hybrid copper enterprises maintain value by using the futures market ?

结合我国国有企业改革的实际，对国有资产保值增值问题进行了探讨。

Combined with state owned enterprises ' reform the problems of maintain value and increment of state-owned property is discussed .

如果政府想让英镑保值，那么首先就应该加强英国的经济。

If the Government wants to save the Pound it should start by strengthening the British economy .

期权套期保值的非线性H∞控制问题

Nonlinear H ∞ Control Strategy of Option Hedging

基于Copula的最小方差套期保值比率

Minimum variance hedge ratio based on Copula

Jones的选择是一辆本田奥德赛旅行车，他相信它的保值将比其它汽车要更好。

Jones'choice of a vehicle was a Honda Odyssey minivan , which he believes will hold its value better than some other vehicles .

利率期货（IRF）是众多金融期货形式中的一种，套期保值是利率期货最基本的市场功能。

Interest rate futures is one kind of many financial futures forms .

并且在制定套期保值策略时，由于条件的套期保值策略充分利用了最新的信息，运用GARCH误差修正模型显得比其它套期保值技术更加优越。

Conditional hedging consistently outperforms other hedging strategies because the GARCH error-correction models utilize the most up-dated information when making hedging decisions .

本文通过介绍Blank的套期保值短期资金需求量模型，给出了套期保值长期资金需求量的模型，并简要的分析了套期保值资金的需求量对套期保值策略的影响。

By introducing Blank ss model of short-term hedging capital requirements , the author tries to establish a long-term hedging capital requirements , and analyzes how the capital requirements affects the hedge strategy .

航运相关参与者可以通过把握国际干散货FFA市场与即期市场的相关性及波动性的相关规律，为制定套期保值与市场交易策略提供-定的参考。

Through the relevant laws to grasp the correlation and volatility of bulk FFA market and the spot market , the international dry , help participants to provide certain reference for shipping .

通过GARCH模型估算了COB电力期货合约的最佳套期保值比率，最后阐述了建立电力期货市场对我国电力工业改革的现实意义。

Using a GARCH specification , I estimate minimum variance hedge ratios for electricity futures . Finally , I expound the reality significance of the electricity futures market in the reform of electricity market .

随着国际黄金价格屡创新高，中国以美元为主的外汇储备不断增长，加上国内CPI持续高位，黄金作为一种重要的资产保值、增值工具，重新成为研究的热门话题。

As the international gold price break high record repeatedly , foreign exchange based on dollars continuously increases and CPI in China remain high , gold regarded as a major hedge means become a hot topic again .

多种用于估计最优套期保值比率的方法中，基于OLS模型所获得的套期保值策略是最优的，BEC-GARCH模型略差于OLS模型，两种模型的保值效果基本在同一水平上。

The optimal hedge ratio has been estimated in several ways , and the hedging strategy based on the OLS model is the optimal followed by the BEC-GARCH model .

在实证研究过程中，首先通过简单套期保值模型、OLS模型、ECM模型和GARCH模型得出不同的套期保值比率，利用HE指标对这四个模型得出的不同套期保值比率进行了套保绩效评价。

In the process of empirical research , first of all , the article arrives at different hedging ratios through the simple hedging model , the OLS model , the ECM model and the GARCH model and evaluates the different hedging ratios through the hedging efficiency index .

本文将重点探讨ETFs产品为什么能够用以套期保值，并讨论其套期保值操作的应用：①在规避个股系统性风险的情况下如何进行个股的非系统性风险投机；

The purpose of this article is to explain why ETFs can be treated as a tool for hedging , and to discuss its applications & The first one is how to speculate in unique risk of a corporate stock when eliminating its systematic risk ;

整个完整的套期保值绩效评估体系的构建也参考了之前文献的内容，尤其是CCC模型常常使用的方法，以此更加确认DCC模型相对CCC模型的优越，以及整个评估体系的合理化。

The complete hedging performance evaluation system is also reference to the contents of the previous literature , especially the CCC model is often used method is more recognized as a relatively CCC DCC model is the superior model , and the rationalization of the evaluation system .

对用于套期保值的期汇合约，企业是打算持有到到期日的，按IASC的倾向意见一般是按初期确认的公允价值来计量，这实际上是在报告日仍然保持历史成本的计量属性。

To use as hedge forward contract , enterprise are going to possess to the end , IASC 's opinion refer to compute as spot evenhanded value , this is keeping diachronic costing computation on the report day as fact .

同时在HARA效用函数下分析该投资问题的性质，发现在不同条件下，该投资策略可以退化为无约束最优投资策略、基于欧式看跌期权及两资产交换期权的套期保值策略。

Meanwhile , by the analysis of the characteristics of this investment problem with HARA utility function , it is concluded that this investment strategy can be simplified as an unconstrained optimal investment strategy and a hedge strategy based on the European put-option and the two-asset exchange option .

针对中国股票市场波动幅度大的特征，文章运用股指期货对上证50ETF和深证100ETF进行了套期保值实证研究。

Aiming at the characteristics of China stock market fluctuations ' varying within wide limits , this paper takes Shanghai 50 ETF and Shenzhen 100 ETF for the hedge empirical study with the stock index futures .

DCC模型是在CCC模型基础上改进而来的，DCC模型增加了相关系数时变的特征，但在基于效用最大化的比较中，基于DCC-GARCH模型估计的套期保值比率的效用并不如CCC-GARCH模型。

DCC model is based on the improvement of the CCC model comes , DCC model increased the correlation coefficient of time-varying characteristics , but based on the comparison of utility maximization , based on DCC-GARCH model to estimate the effectiveness of the hedge ratio is not as CCC-GARCH model .

本文首先使用Nelson-Siegel模型拟合出2002年沪深交易所国债的利率期限结构，然后运用2因子、3因子主成分法及久期、凸度法对交易所上市的债券进行模拟套期保值。

By using Nelson - Siegel model , the paper derives the term structures for bonds in Shanghai & Shenzhen Security Exchange in 2002 , and use two - and three - principal components as well as traditional duration and convexity to simulate a hedging of portfolios .

企业如何运用外汇期货交易来保值

How do the Enterprises Use Foreign Currency Futures as a Hedge

期货套期保值的多期多目标规划模型

A Multi - period Multi-objective Programming Model for Futures Hedging Strategy

碳市场最优套期保值比低于一般市场。

The optimal hedge ratio is smaller than the general market .

企业资产保值增值的计量反映与考核评价

The measurement and evaluation of VALUE-MAINTAINING and value-adding for enterprise capital

利用交叉套期保值防范价格风险

On Guarding against Price Risks through the Use of Cross Hedging

国有资产保值增值中存在的几个问题及对策分析

Analyzing the stabilization and increment of state-owned estate and the countermeasures

我国商业银行外汇套期保值策略研究

A Study of FX Hedging Strategies of China 's Commercial Banking

金融期货交易中的套期保值和基差风险分析

The Analysis of Hedging and Basic Risk in Financial Futures Markets

对高校固定资产保值增值的探讨

Probing of the Preservation and Adding of Fixed Assets Value of Colleges