Domestic and export demand of Guar Seed and its derivative Guar Gum has increased phenomenally due to its application … efficiency and price discovery is tested in the present study using robust models like Johansen's cointegration, Vector Error … therefore futures contracts can serve as a useful hedging instrument. In the short run, unidirectional flow of information from …

We explore optimal hedge ratios and hedging effectiveness for the German electricity market. Given the increasing … in order to account for risk reduction through hedging. Results allow us to conclude that: dynamic hedging strategies … provide higher variance reductions in terms of hedging effectiveness; there is poor correlation among spot and futures, not …