基于择时因子的中证500股指期货套期保值模型研究-概率论与数理统计专业论文.docxVIP

浙江大学同等学历申请硕．』：学位论文 浙江大学同等学历申请硕．』：学位论文 Absract Abstract By 20 1 5 the stock market had affected millions of investors．Chinese investors prefer small and medium-sized stocks．High-risk investment bring hi#er return， meanwhile，the volatility of stocks in SME board and growth enterprise market is very high and the market risk is high．The stock index future based on CSI 500 act as effective risk hedging t001．This paper aimed at figuring out the optimal hedge ratio based the study of CSI 500 st