Not exact matches
Specifically, they compute daily excess
returns (accruing
return on cash
for open
short positions)
for the two front contracts («front - month» and «back - month») up through expiration.
For time - series portfolios, they take an equal long (
short)
position in each asset within a class - strategy according to whether its expected
return is positive (negative).
At the top of the movement do six
short «burn reps» and hold the weight at the top
for ten seconds before
returning it to the beginning
position.
Investing in commodities indices that are constructed using long or
short positions in futures on physical commodities whose value is determined based on the price of the underlying physical commodity plus yield and that trade on public markets that provide adequate liquidity and transparency, with negligible costs and no storage deterioration risk, offer a practical method to gaining commodities exposure and can provide a means
for market participants to access the five components of the
returns of the asset class.
I agree that youngsters should focus on equities
for the most part, but to not buy fixed - income investments
for short - term goals and as a guaranteed
return when markets drop and low
positions make liquidity a bit tight is irresponsible.
Longer - term investors are in a
position to allocate a larger portion of their portfolio to higher - risk investments like stocks than
shorter - term investors because a longer time horizon is associated with lower volatilityVolatility The rate at which the price of a security increases or decreases
for a given set of
returns.
Options on futures are similar to options on underlying instruments except that options on futures give the purchaser the right, in
return for the premium paid, to assume a
position in a futures contract (a long
position if the option is a call and a
short position if the option is a put), rather than to purchase or sell the futures contract, at a specified exercise price at any time during the period of the option.