Quantitative Finance Stack Exchange

The textbook formula for minimum variance hedge ratio (MVHR) is correl (Y,X) * (STDEV Y / STDEV X)
However, I would like to reconcile the textbook formula with the following website https://research-center.amundi.com/article/currency-hedging-policy-institutions#section-title-9076 which adds a 1 + term to derive minimum variance hedge ratio i.e....

Good afternoon everyone, I am currently in a dilemma to which I have tried to find a solution for a whole week but unfortunately I have come to nothing. I have tried to locate a library or create a code to obtain a complete (and updated) list of the...

I am building a self hosted stack so there has been a lot of trial and error in order to head off a headache or two I thought I would reach out for a group opinion. I am evaluating back testers and I have had a great experience with zipline previously...

I am looking into a data provider which provide the credit loss data from different banks - https://globalcreditdata.org/interactive-dashboard/
They also provide data on something called Discounted Recovery Rate. Does anyone know what exactly is discounted RR? I know the Loss given default i.e. LGD hence the recovery rate. But what is the term discounted here?...