Showing 1 - 10 of 86,495
composite-weight training periods. Results showthat futures and numerous composite procedures outperform outlook forecasts. At …This paper investigates whether the accuracy of outlook hog price forecasts can be improvedusing composite forecasts in … an out-of-sample context. Price forecasts from four wellrecognizedoutlook programs are combined with futures …
Persistent link: https://www.econbiz.de/10009446396
in an out-of-sample context. Price forecasts from four widely-recognized outlook programs are combined with futures …This paper investigates whether the accuracy of outlook hog price forecasts can be improved using composite forecasts …-of-sample evaluation after permitting model specification and appropriate composite-weight training periods. Results show that futures and …
Persistent link: https://www.econbiz.de/10010918088
Hedging effectiveness is the proportion of price risk removed through hedging. Empiricalhedging studies typically estimate a set of risk minimizing hedge ratios, estimate the hedgingeffectiveness statistic, apply the estimated hedge ratios to a second group of data, and examinethe robustness of...
Persistent link: https://www.econbiz.de/10009446391
Hedging effectiveness is the proportion of price risk removed through hedging. Empirical hedging studies typically estimate a set of risk minimizing hedge ratios, estimate the hedging effectiveness statistic, apply the estimated hedge ratios to a second group of data, and examine the robustness...
Persistent link: https://www.econbiz.de/10009368376
This article tests the efficiency of the hog options market and assesses the impact of the 1996 contract redesign on efficiency. We find that the hog options market is efficient, but some options yielded excess returns during the live hogs period but not during the lean hogs period. Our findings...
Persistent link: https://www.econbiz.de/10009443770
exist holdingseveral market positions, most strategies are strongly affected by a drift in futures market prices …
Persistent link: https://www.econbiz.de/10009446388
Includes cover page, journal info, contents page, and editorial information
Persistent link: https://www.econbiz.de/10009446503
The first step towards forecasting the price and output of the cattle industry is understanding the dynamics of the livestock production process. This study follows up on the Weimar and Stillman (1990) paper by using data from 1970 to 2005 to estimate the parameters that characterizes the cattle...
Persistent link: https://www.econbiz.de/10009368377
returns exist holding several market positions, most strategies are strongly affected by a drift in futures market prices …
Persistent link: https://www.econbiz.de/10009368384
Persistent link: https://www.econbiz.de/10008558706