StockIndex Futures Contracts; International Evidence,ꡓ 8The Journal of Futures Markets , vol.14, No.7, 1994, p.774.
그러나 주가지수선물의 기초자산은 주가지수이기 때문에 주식포트폴리오를 정확히 헷지하는 합성무위험자산을 구성하기는 어렵다. 일반적으로 주식포트폴리오의 수익율과 주가지수 수익율의 관계에
stock market integration
① Subprime mortgage crisis had big problems with the stock market plunged, and it can be explained by the correlation between them.
- Research team investigated that the relationship between Korean KOSPI, U.S.’s Dow Jones, Dow Jones Euro, Japanese Nikkei 225, and Chinese Shanghai Composite Stock Price Index as representative index of the national market, and i
stock of Apple Inc. Defensive or Cyclical?
What is the type of the stock of Apple Inc.? We acquired some hints from these graphs.
This is a graph for 3 years from February 2008 to November 2010. The 3 lines which are blue, red, and green represent Nasdaq, S&P 500 and Apple Inc. As we can see, Apple Inc moved together with other two types of index even though the stock price was differen
1. Imagine you are Bill. How would you explain to Mary the relationship between risk and return of individual stocks?
-기대수익율과 위험(Expected Rate of Return and Risk)-
먼저, 개인주식의 수익률과 위험과의 관계를 설명하기 전에 그에 대한 개념부터 알아야 할 필요가 있다. 수익률은 보통 기대수익률을 말하는데, 기대수익률은
To get the monthly returns for HP for the last 60 months, we downloaded the data from Oct.2005-Oct.2010. 61 data of ending monthly stock prices were needed to calculate the monthly returns for the last 60 months. In order to get the monthly returns, we used the capital gains yield formula (Pt+1-Pt)/Pt*100. The adj close prices(close price adjusted for dividends ) were used to get a more accurate