Essays about: "hedging techniques"

Showing result 1 - 5 of 11 essays containing the words hedging techniques.

  1. 1. Modelling Seasonalities of HPFCs Using a Parametric Approach

    University essay from Lunds universitet/Matematisk statistik

    Author : Reza Rastegar; Lucas Svantesson; [2019]
    Keywords : Power Markets; Hourly Price Forward Curves; Seasonality; Electricity Spot Price; Mathematics and Statistics;

    Abstract : Electricity differs from other commodities in that it cannot be stored. This non-storability characteristic results in traditional pricing methods for commodities not being applicable for electricity. An alternative pricing method is therefore needed and the solution is the Hourly Price Forward Curve (HPFC). READ MORE

  3. 2. Effects of derivative use on firm value: Evidence from Nordic financial firms

    University essay from Umeå universitet/Företagsekonomi

    Author : Basazinew Tefera; [2017]
    Keywords : Risk management; Hedging; Derivatives; Derivatives use; Firm value;

    Abstract : Abstract Financial firms are carrying more risks than non-financial firms as they are operating with highly liquid assets. Use of derivatives is one of hedging techniques used in protecting firms from such kind of risks. There has been considerable discussion in academia of whether or not derivative usage can be considered to be value relevant. READ MORE

  4. 3. Evaluation of Hedging Strategies of Asian Options on Electricity at Nord Pool

    University essay from KTH/Matematisk statistik

    Author : Ella Zackrisson; [2015]
    Keywords : Hedging strategies; Asian Options; Electricity;

    Abstract : This thesis empirically evaluates a geometric Brownian motion and a stochastic volatility model for modeling futures prices and hedging Asian call options on the electricity spot price. Estimation of parameters for the models is done based on historical futures prices of futures contracts with a one month delivery period using nonlinear regression and Maximum Likelihood techniques. READ MORE

  5. 4. Credit Value Adjustment: The Aspects of Pricing Counterparty Credit Risk on Interest Rate Swaps

    University essay from KTH/Matematisk statistik

    Author : Martin Hellander; [2015]
    Keywords : OTC derivatives; Credit Value Adjustment; Debit Value Adjustment; wrongway risk; interest rate swaps; LIBOR Market Model; Cox-Ingersoll-Ross process.;

    Abstract : In this thesis, the pricing of counterparty credit risk on an OTC plain vanilla interest rate swap is investigated. Counterparty credit risk can be defined as the risk that a counterparty in a financial contract might not be able or willing to fulfil their obligations. This risk has to be taken into account in the valuation of an OTC derivative. READ MORE

  6. 5. Gender differences in answering questions in a News Interview : a study of male and female answers in The Andrew Marr Show

    University essay from Högskolan i Halmstad/Sektionen för humaniora (HUM)

    Author : Linnea Rask; [2014]
    Keywords : conversation analysis; language use; gender differences; news interview; hedging;

    Abstract : This study aims to examine possible differences in the way male and female politicians answer questions in a news interview, with focus on hedging expressions, answer resistance strategies and negative mentions of other politicians and political parties.The study is based on analysis of 13 interviews with British politicians made for the BBC One programme The Andrew Marr show in 2013 and 2014. READ MORE