hedge ratio การใช้

• During the 2009-2010 period, the studies for the airline industry have shown the average hedging ratio to be 64 %.
• It will enable the hedge ratio to be increased in anticipation of periods of base currency appreciation and reduced in anticipation of base currency decline.
• The purpose of an active currency overlay program is to vary currency hedge ratios over time depending upon the macroeconomic and financial market circumstances prevailing at any time.
• The dynamism afforded by this approach can provide substantial added value by adjusting portfolio hedge ratios ( and cross hedges ) in accordance with prevailing financial market and macro-economic conditions.
• This has been described as using " the wrong number in the wrong formula to get the right price . " This approach also gives usable values for the hedge ratios ( the Greeks ).
• The exchange ratio is commonly determined by taking the average of the acquirer's closing price over a period of time ( typically 10 trading days prior to close ), during which time the arbitrageur would actively hedge his position in order to ensure the correct hedge ratio.
• Accordingly, in periods of base currency undervaluation it will be preferable to employ a high hedge ratio on foreign currency exposure ( anticipating a rise in the base currency toward fair value ) while in periods of overvaluation it will be preferable to have a low hedge ratio ( anticipating a fall in the base currency toward fair value ).
• Accordingly, in periods of base currency undervaluation it will be preferable to employ a high hedge ratio on foreign currency exposure ( anticipating a rise in the base currency toward fair value ) while in periods of overvaluation it will be preferable to have a low hedge ratio ( anticipating a fall in the base currency toward fair value ).
• "It's hard to say in any definitive way what the exact impact could be without knowing each companies'hedging ratios, the final demand for their products and where they are produced, " said Kathy Matsui, chief strategist at Goldman, Sachs ( Japan ) Ltd . " But I still think that, net-net, it's hard to say it's positive for the exporters ."