This section allows cross-market comparisons.
Glossary Definition
Hedging

A strategy designed to minimize exposure to an unwanted business risk, while still allowing the business to profit from an investment activity. Typically, a hedger might invest in a security believed to be underpriced relative to its "fair value" (for example a mortgage loan), and combine this with a short sale of a related security or securities that are believed to be overpriced. Thus the hedger is indifferent to the movements of the market as a whole, and is interested only in the performance of the 'under-priced' security relative to the hedge.