absolutely good question. I have self taught myself everything i know and i admit there are things im ignorant too, but im never afraid to ask or learn new things. Infact in asking is how ive learnt, now i before i posted this question i really never had a clue how to hedge, but through asking i now have new knowledge, and basically this is how ive got to this point today and also through first hand trading experience. I knew a little about beta through and the scoring of each stock correlation and volatility.
sorry to sound like a complete fool but i dont understand this part of the formula. -1*Sum Do I understand this part correctly?: (Beta*quantity*price)/priceSPY beta score on FINVIZ screener x share quantity x stock price/priceSPY many thanks you have been very helpful.