Technical Analysis of STOCKS & COMMODITIES
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SIDEBAR: MODIFYING RISK AND RETURN WITH S&P 500 FUTURES
ARTICLE SYNOPSIS...MODIFYING RISK AND RETURN WITH S&P
500 FUTURES
Stock index futures modify risk by altering the portfolio beta and portfolio return by affecting cash
balances. Take an example. A $10 million portfolio currently has a beta of 1.2. The manager wants to
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