assets are traded on the basis of commodity markets, our results are beneficial for portfolio diversification and hedging …

This paper presents an empirical study on hedging long-dated crude oil futures options with forward price models … incorporating stochastic interest rates and stochastic volatility. Several hedging schemes are considered including delta, gamma …, vega and interest rate hedge. Factor hedging is applied to the proposed multi-dimensional models and the corresponding …

examines the hedging performance of four well-known commodity futures against fluctuations in Bitcoin prices. Furthermore, this …-step-ahead time-varying optimal hedge ratios and evaluate hedging performance. The empirical results show that gas and gold have hedge …