查询词典 hedge-writer

The research of the hedge model is essential for the hedger and is a key issue of futures markets.

套期保值模型的研究不仅是众多套期保值厂商关注的重要问题，也是期货价格理论的核心问题之一。

Thus the hedger is indifferent to the movements of the market as a whole, and is interested only in the performance of the 'under-priced' security relative to the hedge.

这样，对冲者就不用理会整个市场的波动，而只关注被低估的投资部分的表现。

At the same time, the optimal hedge ratio is derived and analysised theorictically. This leads to the disadvantage of existing model blindly pursuing risk-minimizing and ignoring the hedger's expected return being settled, and provides a futures hedging strategy for hedger.

并从理论上推导和分析了最优套期保值比率，解决了现有模型的一味追求风险最小化而忽略套期保值者期望收益率和交易成本的不足，为套期保值提供了一种优化策略。

Considering transaction cost, Hedger's attitude to risk, variance of foreign exchange rate , with Von Neumann Morgenstern utility function and Bernoulli principle, this paper analyses optimal hedging of the foreign exchange risk during the import/export with forward/future contracts, and the influence of the above mentioned factors on the optimal hedge rate.

本文在前人研究基础上，考虑交易费用，决策人对风险的态度，汇率相对风险大小等因素，用Von Neumann- Morgenstern效用函数和 Bernoulli决策法则建立了研究利用远期/期货和约做外汇套期保值问题的一般模型，然后具体分析了一种典型情况下的最优套期保值率的性质。

This approach will enable the different investors bear the risk, and access to the corresponding rewards. The first two methods did not consider investors attitudes of risk and the expected price of the spot or futures. However, the hedger of the maximize effectiveness calculates the optimal hedge ratio through the establishment of investors utility function and calculus.

前面两类方法都没有考虑投资者的风险态度和对现货或者是期货价格走势的预期，而效用最大化套期保值通过建立投资者的效用函数，再利用微积分求最值的方法来计算最优套期保值比率。

In terms of strategy can make use of hedging instruments in overseas markets hedge the risk of A shares.

在策略可以利用在海外市场避险工具的使用条件对冲A股的风险。

The plantation wherein she had taken shelter ran down at this spot into a peak, which ended it hitherward, outside the hedge being arable ground.

这片她暂借栖身的树林子，从山上延伸到她现在所处的地点，形成了一个尖端，树林在这儿便足尽头，树篱外面便是耕地。

Holbrook Working, a pioneer in hedging theory, called this strategy "speculation in the basis,"[1] where the basis is the difference between the hedge's theoretical value and its actual value (or between spot and futures prices in Working's time).

Holbrook Working，对冲理论的先驱，称这种策略为从根本的投机，这个根本就是对冲理论价值与实际价值的差别。

Holbrook Working, a pioneer in hedging theory, called this strategy "speculation in the basis,"[1] where the basis is the difference between the hedge's theoretical value and its actual value (or between spot and futures prices in Working's ).

Holbrook Working，对冲理论的先驱，称这种策略为从根本的投机，这个根本就是对冲理论价值与实际价值的差别。

Pollard was ruined, and he ended his days as a night watchman. The painting, which Niederhoffer, a sixty-three-year-old hedge-fund manager, acquired after losing all his clients' money—and a good deal of his own—in the Thai stock market crash of 1997, serves as an admonition against the incaution to which he, a notorious risktaker, is prone, and as a reminder of the precariousness of his success.

波拉德的事业毁了，后来他只好去做看门的人。63岁的对冲基金经理尼德霍夫在1987年泰国股市蹦盘中把客户的钱亏光了——自己的钱也亏了很多，他就得到了这幅画，作为对自己冒险行为的警戒。

And Pharaoh spoke to Joseph, saying, Your father and your brothers have come to you.

47：5 法老对约瑟说，你父亲和你弟兄们到你这里来了。

Additionally, the approximate flattening of surface strip using lines linking midpoints on perpendicular lines between geodesic curves and the unconditional extreme value method are discussed.

提出了用测地线方程、曲面上两点间短程线来计算膜结构曲面测地线的方法，同时，采用测地线间垂线的中点连线和用无约束极值法进行空间条状曲面近似展开的分析。