Dynamic Hedging Based on Fractional Order Stochastic Model with Memory Effect

Table 1

Statistics summary for HS300 index fund and futures.

CSI300 index	Mean	Std. dev	Skewness	Kurtosis	Jarque-Bera	Hurst index
Spot		0.006187		4.529064	63.74512	0.6485
Futures (IMIF)		0.006295		4.769744	78.50241	0.6454