%0 Journal Article
%T The Theory and Method of Futures Combination Hedging Step by Step<br>期货市场逐步组合套期保值的理论与方法
%A LIN Xiao
%A |gui
%A <br>林孝贵
%J 系统工程理论与实践
%D 2002
%I 
%X In this paper, by the analyses about the strategy of the combination hedge in futures markets and its risk, we get least squares estimation of the hedge ratio and its risk. We study the problem about futures combination hedging step by step. For given spot, the futures for a combination hedge are found out progressively. We get the theory and method of futures combination hedging step by step, and improve the effect of combination hedge. In the meantime, we provide a useful method of combination hedge for the investor.
%K futures
%K step by step
%K combination hedge
%K hedge risk<br>期货
%K 逐步
%K 组合套期保值
%K 保值风险
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=01BA20E8BA813E1908F3698710BBFEFEE816345F465FEBA5&cid=962324E222C1AC1D&jid=1D057D9E7CAD6BEE9FA97306E08E48D3&aid=29E8AE908F07D132&yid=C3ACC247184A22C1&vid=BC12EA701C895178&iid=708DD6B15D2464E8&sid=8C83C265AD318E34&eid=89F76E117E9BDB76&journal_id=1000-6788&journal_name=系统工程理论与实践&referenced_num=3&reference_num=4