Optimal Hedge Ratio for Brent Oil Market; Baysian Approach
Mohsen Mehrara,Monire Hamldar +1 more
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In this article, the optimal hedging ratio (OHR) for the Brent Crude Oil Futures using daily data over the period 1990/17/8-2014/11/3 was examined.Abstract:
This paper examines the optimal hedging ratio (OHR) for the Brent Crude Oil Futures using daily data over the period 1990/17/8-2014/11/3. To gain OHR, it is employed a Vector Autoregressive (VAR) and Vector Error Correction (VEC) and Baysian Vector Autoregressive (BVAR) models. At last, the efficiency of these calculated OHR are compared through Edrington's index.read more
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Dissertation
Oblikovanje računovodstvenog modela zaštite novčanog tijeka
TL;DR: In this paper, a comprehensive and rounded optimal model for measurement, decision making and monitoring of the cash flow hedge effectiveness that meets modern hedge accounting requirements, by applying quantitative methods for hedge ratio estimation and hedge effectiveness measurement, was designed by combining simulation, case studies and effects analysis by using econometric methods.
Journal ArticleDOI
The Relationship between Spot and Futures Prices in Brent Oil Crude Market
TL;DR: In this paper, the authors investigated the relationship between spot and futures prices in Brent Crude Oil Market using daily data over the period 1990/17/8-2014/11/3.
Journal ArticleDOI
Time-Varying Optimal Hedge Ratio for Brent Oil Market
Mohsen Mehrara,Monire Hamldar +1 more
TL;DR: In this article, the optimal hedging ratio (OHR) for the Brent Crude Oil Futures using daily data over the period 1990/17/8-2014/11/3 was examined.
Journal ArticleDOI
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M Ahvazi,Faranak Omidian +1 more
TL;DR: In this article, the effects of in-service training courses on awareness level of personnel Tondgooyan petrochemical site based on Halton pattern was investigated in its objective and semi-experimental method of data collection.