title: Ð¤Ð¾ÑÐ¼Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ðµ ÑÑÑÐ°ÑÐµÐ³Ð¸Ð¸ Ñ ÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ ÑÐ¾Ð½Ð´Ð¾Ð²ÑÑ ÑÑÑÑÐµÑÑÐ¾Ð²
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð±Ð°ÐºÐ°Ð»Ð°Ð²ÑÐ°
titleType: Subtitle
title: Formation of a hedging strategy based on stock futures
Creators: name: Ð£Ð»ÑÑÐ½Ð¾Ð²Ð°, ÐÐ²Ð°
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2024
Subjects: ÑÐ¾Ð½Ð´Ð¾Ð²ÑÐ¹ ÑÑÐ½Ð¾Ðº
ÑÑÐ½Ð¾Ðº ÑÐ°ÑÑÐ½ÑÑ Ð¸Ð½Ð²ÐµÑÑÐ¾ÑÐ¾Ð²
Ð¿ÑÐ¾Ð¸Ð·Ð²Ð¾Ð´Ð½ÑÐµ ÑÐ¸Ð½Ð°Ð½ÑÐ¾Ð²ÑÐµ Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½ÑÑ
ÑÑÑÑÐµÑÑÐ½ÑÐµ ÐºÐ¾Ð½ÑÑÐ°ÐºÑ
ÑÑÑÑÐµÑÑÐ½ÑÐµ ÐºÐ¾Ð½ÑÑÐ°ÐºÑ Ð½Ð° Ð°ÐºÑÐ¸Ð¸
Ñ ÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ðµ Ð½Ð° ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð¼ ÑÑÐ½ÐºÐµ
stock market
private investor market
derivative financial instruments
futures contract
stock futures contract
hedging on the stock market

description: Ð¦ÐµÐ»ÑÂ  Ð²ÑÐ¿ÑÑÐºÐ½Ð¾Ð¹ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð¾Ð¹Â  ÑÐ°Ð±Ð¾ÑÑ â Ð°Ð½Ð°Ð»Ð¸Ð· ÑÐµÐ¾ÑÐµÑÐ¸ÑÐµÑÐºÐ¸Ñ Ð¾ÑÐ½Ð¾Ð² ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð¼ ÑÑÐ½ÐºÐµ Ð¸ Ð¿Ð¾ÑÑÑÐ¾ÐµÐ½Ð¸Ðµ ÑÑÑÐ°ÑÐµÐ³Ð¸Ð¸ ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ ÑÑÑÑÐµÑÑÐ½ÑÑ ÐºÐ¾Ð½ÑÑÐ°ÐºÑÐ¾Ð² Ð½Ð° Ð°ÐºÑÐ¸Ð¸ ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¸Ñ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹. ÐÐ»Ñ Ð´Ð¾ÑÑÐ¸Ð¶ÐµÐ½Ð¸Ñ Ð¿Ð¾ÑÑÐ°Ð²Ð»ÐµÐ½Ð½Ð¾Ð¹ ÑÐµÐ»Ð¸ Ð±ÑÐ»Ð¸ Ð¿Ð¾ÑÑÐ°Ð²Ð»ÐµÐ½Ñ Ð¸ ÑÐµÑÐµÐ½Ñ ÑÐ»ÐµÐ´ÑÑÑÐ¸Ðµ Ð·Ð°Ð´Ð°ÑÐ¸: 1. ÐÑÐ¾Ð°Ð½Ð°Ð»Ð¸Ð·Ð¸ÑÐ¾Ð²Ð°ÑÑ ÑÐ¾Ð½Ð´Ð¾Ð²ÑÐ¹ ÑÑÐ½Ð¾Ðº ÐºÐ°Ðº Ð¾Ð±ÑÐµÐºÑ Ð½ÐµÐ¿ÑÐ¾ÑÐµÑÑÐ¸Ð¾Ð½Ð°Ð»ÑÐ½ÑÑ (ÑÐ°ÑÑÐ½ÑÑ) Ð¸Ð½Ð²ÐµÑÑÐ¸ÑÐ¸Ð¹. 2. ÐÑÑÐ»ÐµÐ´Ð¾Ð²Ð°ÑÑ Ð²Ð¾Ð·Ð¼Ð¾Ð¶Ð½Ð¾ÑÑÐ¸ Ð¸ Ð¾ÑÐ¾Ð±ÐµÐ½Ð½Ð¾ÑÑÐ¸ ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ ÑÐ¾Ð²ÑÐµÐ¼ÐµÐ½Ð½ÑÑ Ð¿ÑÐ¾Ð¸Ð·Ð²Ð¾Ð´Ð½ÑÑ ÑÐ¸Ð½Ð°Ð½ÑÐ¾Ð²ÑÑ Ð¸Ð½ÑÑÑÑÐ¼ÐµÐ½ÑÐ¾Ð². 3. Ð Ð°Ð·ÑÐ°Ð±Ð¾ÑÐ°ÑÑ Ð¾ÑÐ¸Ð³Ð¸Ð½Ð°Ð»ÑÐ½ÑÑ ÑÑÑÐ°ÑÐµÐ³Ð¸Ñ ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ ÑÑÑÑÐµÑÑÐ½ÑÑ ÐºÐ¾Ð½ÑÑÐ°ÐºÑÐ¾Ð² Ð½Ð° Ð°ÐºÑÐ¸Ð¸ ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¸Ñ ÐºÐ¾Ð¼Ð¿Ð°Ð½Ð¸Ð¹, ÑÑÐ¸ÑÑÐ²Ð°Ñ Ð¾ÑÐ¾Ð±ÐµÐ½Ð½Ð¾ÑÑÐ¸ Ð²ÑÐ±ÑÐ°Ð½Ð½ÑÑ Ð°ÐºÑÐ¸Ð¹ Ð¸ ÑÑÐ½Ð¾ÑÐ½ÑÐµ ÑÑÐ»Ð¾Ð²Ð¸Ñ. ÐÐ±ÑÐµÐºÑÐ¾Ð¼ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ ÑÐ²Ð»ÑÐµÑÑÑ Ð´ÐµÑÑÐµÐ»ÑÐ½Ð¾ÑÑÑ Ð½ÐµÐ¿ÑÐ¾ÑÐµÑÑÐ¸Ð¾Ð½Ð°Ð»ÑÐ½ÑÑ (ÑÐ°ÑÑÐ½ÑÑ) Ð¸Ð½Ð²ÐµÑÑÐ¾ÑÐ¾Ð² Ð½Ð° ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¾Ð¼ ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð¼ ÑÑÐ½ÐºÐµ. ÐÑÐµÐ´Ð¼ÐµÑÐ¾Ð¼ Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ ÑÐ²Ð»ÑÑÑÑÑ ÑÑÑÐ°ÑÐµÐ³Ð¸Ð¸ ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð½Ð° Ð±Ð°Ð·Ðµ ÑÑÑÑÐµÑÑÐ¾Ð². Ð Ð°Ð±Ð¾ÑÐ°Ñ Ð³Ð¸Ð¿Ð¾ÑÐµÐ·Ð° Ð¸ÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ñ ÑÐ»ÐµÐ´ÑÑÑÐ°Ñ: Ð½Ð° ÑÐ¾Ð²ÑÐµÐ¼ÐµÐ½Ð½Ð¾Ð¼ ÑÐ¾ÑÑÐ¸Ð¹ÑÐºÐ¾Ð¼ ÑÐ¾Ð½Ð´Ð¾Ð²Ð¾Ð¼ ÑÑÐ½ÐºÐµ ÑÑÐ°Ð´Ð¸ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÑÑÐ°ÑÐµÐ³Ð¸Ñ Ð¿Ð¾Ð»Ð½Ð¾Ð³Ð¾ ÑÐµÐ´Ð¶Ð¸ÑÐ¾Ð²Ð°Ð½Ð¸Ñ Ð¼Ð¾Ð¶ÐµÑ Ð±ÑÑÑ ÑÐµÐ°Ð»Ð¸Ð·Ð¾Ð²Ð°Ð½Ð° ÑÐ°ÑÑÐ½ÑÐ¼Ð¸ Ð¸Ð½Ð²ÐµÑÑÐ¾ÑÐ°Ð¼Ð¸ Ð½Ð° Ð¾ÑÐ½Ð¾Ð²Ðµ ÑÑÑÑÐµÑÑÐ¾Ð². ÐÐ»Ñ ÑÐ°Ð±Ð¾ÑÑ Ð¸ÑÐ¿Ð¾Ð»ÑÐ·Ð¾Ð²Ð°Ð»Ð¸ÑÑ ÑÐ»ÐµÐ´ÑÑÑÐ¸Ðµ Ð¿ÑÐ¾Ð³ÑÐ°Ð¼Ð¼Ñ: MOEX Trade Info, MS Office Word, MS Office Excel, Figma.
description: The purpose of the final qualifying work is to analyze the theoretical foundations of hedging in the stock market and build a hedging strategy based on futures contracts for shares of Russian companies. To achieve this goal, the following tasks were set and solved: 1. Analyze the stock market as an object of non-professional (private) investments. 2. Explore the possibilities and features of hedging based on modern derivative financial instruments. 3. Develop an original hedging strategy based on futures contracts for shares of Russian companies, taking into account the characteristics of the selected shares and market conditions. The object of the study is the activity of non-professional (private) investors in the Russian stock market. The subject of the study is futures-based hedging strategies. The working hypothesis of the study is as follows: in the modern Russian stock market, the traditional full hedging strategy can be implemented by private investors based on futures. The following programs were used for work: MOEX Trade Info, MS Office Word, MS Office Excel, Figma.