This study examines the hedging effectiveness of financial innovations against crude oil investment risks, both before … computation of optimal weights and optimal hedging ratios. Results show evidence of hedging effectiveness for the financial … innovations against oil market risks, with higher hedging performance observed during the pandemic. Overall, we show that sectoral …

government bonds had to derive new hedging strategies to deal with changing return properties and higher levels of uncertainty … hedging performance relative to unconditional hedging approaches such as OLS. The aim of this study is to test innovative … hedging strategies for EMU bond portfolios for non-crisis and crisis periods. We analyze single and composite hedges with the …

Using a regime switching model, this study analyzes the nature of gold hedging benefits from the perspective of an …, hedging benefits of gold are more pronounced during the higher volatility regimes when compared with the index-futures that …

This paper focuses on the valuation and hedging of gas storage facilities, using a spot-based valuation framework … coupled with a financial hedging strategy implemented with futures contracts. The contributions of this paper are two … price, but more importantly that the hedging strategy commonly used in the industry leaves the storage operator with …

Most research on option hedging has compared the performance of delta hedges derived from different stochastic … their hedging performance clearly demonstrate that even the simplest of the regime-dependent smile adjustments will … consistently and significantly improve on implied BSM delta hedging, for options of all moneyness and maturities and whether …

contracts. We also study the effectiveness of VIX ETPs in hedging Leveraged ETFs (LETFs) in which rebalancing effects lead to …

. Furthermore, both asset classes are found possessing weak inflation hedging characteristics during inflationary periods …

Against the backdrop of the Covid-19 pandemic, this study explores the hedging and safe-haven potential of green bonds …, it can also serve as a hedging and safe haven instrument for currency and commodity investments. Moreover, the sub … index and conventional investment returns. However, the green bond index emerges as a significant hedging and safe …

article shows that out-of-sample hedging performance is not significantly improved by updating the hedge ratios …