Essays about: "Hedging"

Showing result 1 - 5 of 172 essays containing the word Hedging.

  1. 1. An Empirical Evaluation of the Return and Risk Neutrality of Market Neutral Hedge Funds

    University essay from

    Author : Ludwig Skogman; Sebastian Zettergren; [2017-06-30]
    Keywords : Hedge Funds; Hedging; Market Neautrality; GARCH; Financial instability;

    Abstract : Market neutral is a widely-used investment style for hedge funds. By analysing a data set consisting of 7913 hedge funds, we assess their historical ability to stay neutral towards the U.S. equity market in terms of return and return volatility. READ MORE

  2. 2. Hedging Interest Rate Derivatives (Evidence from Swaptions) in a Negative Interest Rate Environment: : A comparative analysis of Lognormal and Normal Model

    University essay from Mälardalens högskola/Akademin för utbildning, kultur och kommunikation

    Author : Shedrack Lutembeka; [2017]
    Keywords : ;

    Abstract : This thesis is about hedging interest rate derivatives in a negative interest rate environment.The main focus is on doing a comparative analysis on how risk varies between Lognormaland Normal models. READ MORE

  3. 3. Maturity, Speculation and Corporate Hedging: An Empirical Study in Oil and Gas Firms from 2000-2008

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Xinyun Lin; Xitong Cong; [2017]
    Keywords : Maturity; Hedging; Speculation; Hedging determinants; Derivative usage; Business and Economics;

    Abstract : In this paper, we develop a new but also under-researched measure for firms’ hedging practice: maturity. Comparison between the outputs of two sets of Tobit model using hedge ratio and maturity respectively shows that the costs of financial distress hypothesis and the financing costs hypothesis are partially supported by both hedge ratio and maturity. READ MORE

  4. 4. Maturity, Speculation and Corporate Hedging - An Empirical Study in Oil and Gas Firms from 2000-2008

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Xinyun Lin; Xitong Cong; [2017]
    Keywords : Business and Economics;

    Abstract : In this paper, we develop a new but also under-researched measure for firms’ hedging practice: maturity. Comparison between the outputs of two sets of Tobit model using hedge ratio and maturity respectively shows that the costs of financial distress hypothesis and the financing costs hypothesis are partially supported by both hedge ratio and maturity. READ MORE

  5. 5. Does hedging increase firm performance? An empirical analysis of the shipping industry

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Daniel Nilsson; Wendy Patino; [2017]
    Keywords : Hedging; Risk Management; Return on Invested Capital; Shipping; Operating Performance; Business and Economics;

    Abstract : In this study, we analyze the hedging activities for risk management purposes of 31 shipping companies headquartered in Europe and North America and its impact on ROIC, in the period between 2009 and 2014. We also study how ROIC interacts with hedging and investments undertaken by the firms in our sample. READ MORE