indices: dynamic models and risk hedging, the probability of default in collateralized credit operations, risk premia in multi …

) spot show different long-run adjustments, arbitrage profitable opportunities and price risk hedging capabilities. The … potentially hedging the spot prices of agricultural commodities with ethanol futures contracts, which sends an important message … that the ethanol futures market is capable of hedging price risk in agricultural commodity markets. The short …

. The implications of the estimated results for portfolio designs and hedging strategies are also analyzed. The results for … optimal weights in a two-asset portfolio and the hedging ratios for long positions. …