Starting from CAPM (Capital Assets Pricing Model) analysis, a new method for hedging portfolio risk with stock index futures is proposed.
从分析CAPM(资本资产定价模型)入手,提出了用股票指数期货来对冲股票组合风险的一种方法。
Therefore, full understanding of stock index futures of cash market and its influence to the risk control is very important.
因此,充分了解股指期货对股票现货市场的影响并对其进行风险控制非常重要。
Corresponding to hedgers' transferring price risk and abandoning risk earnings, the speculators in the stock index futures market shall intentionally take the risk from hedgers in pursuit of profit.
与套期保值者转移价格风险、放弃风险收益的属性相对应,股指期货市场中的投机者就是承担价格风险和追逐风险收益。
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