比率套期保值

如何确定套期保值的比率是套期保值的核心问题。

How to give the hedge ratio is the core problem .

进一步，把交易成本问题纳入求解套期保值比率和套期保值绩效模型，使之更符合套期保值操作实际，使研究成果更有实践指导价值。

Second , put transaction costs into the hedge ratio and hedging performance models to make it more practical .

套期保值比率与套期保值的效绩&上海期铜合约的套期保值实证分析

Optimal Hedge Ratio and the Performance of Hedging : an Empirical Analyzing of Hedging about Copper Futures of SFE in China

这就说明，通过最优比率的套期保值操作，棕榈油现货价格波动所带来的经营风险能够在非常大的程度上被规避。

That means , through the optimal ratio of hedging operations , operational risks which is brought by palm oil spot price fluctuations can be avoided to a very large extend .

如何确定最优套期保值比率是套期保值操作中的核心技术问题，所谓套期保值比率就是套期保值者持有期货合约头寸大小与相应风险暴露现货资产大小间的比率。

How to determine the optimal hedge ratio in hedge operation is the core technical problem . The so-called hedge ratio refers to the ratio of size of futures contractual position held by hedgers to the size of corresponding risk-exposed spot assets .

基于收益与风险比率的期货套期保值策略

The Futures Hedging Strategy Based on the Ratios between Profits and Risk

本文对展期套期保值的基差（Basis）、展期时机、最优套期保值比率、系列展期套期保值（Strip-and-RollingHedge）以及展期过程中的动态调整等方面进行了研究。

In this thesis , the author has a brief study on basis of rolling hedges , rolling chances , optimizing hedges rate , strip-and-rolling hedge , and the dynamic adjust of rolling process .

通过套期保值模型合理确定套期保值比率，可以提高套期保值效果，有效规避现货价格的风险。

Through hedge model to determine the hedge ratio can improve the hedge efficiency and effectively averse the risk of cash markets .

股指期货规避风险的手段是套期保值，而最优套期保值比率的确定是套期保值问题的关键。

Hedging is the mean of avoiding risk , and the optimal hedging ratio of hedging is the key to the problem .

金融危机时期估计出的套期保值比率要略高，套期保值的有效性有所降低。

The hedging ratios evaluated in financial crisis period would be slightly higher , and the effectiveness would be lower than in the common period .