This article investigates out-of-sample performance of the naïve hedging strategy relative to that of the minimum variance hedging strategy, in which the covariance parameters are estimated from eighteen econometric models. Hedging performance is compared across twenty-four futures markets. Our...

Seven new 2-(2-Phenethyl) chromone derivatives ( 1-7 ), including four 2-(2-Phenethyl) chromone s ( 1-4 ), one 6, 7, 8 trihydroxy-2-(2-Phenethyl) chromone ( 5 ), one acetylated 5, 6, 7, 8-tetrahydroxy-2-(2-Phenethyl) chromone ( 6 ), and one chlorine-containing 5, 6, 7,...