Hedge that is expected to yield a dollar-neutral result of the combined position, regardless of price change in any part of the hedge securities. For any convertible trading at a premium, this ratio is less than 100%. The higher the convertible premium, the lower a ratio must be to be neutral. See: Delta.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Neutral hedge. Retrieved September 28, 2026, from http://smartdefine.org/neutral_hedge/definitions/1159026 |
| Chicago | Barry Goldsmith. 2010. "Neutral hedge" http://smartdefine.org/neutral_hedge/definitions/1159026 (accessed September 28, 2026). |
| Harvard | Barry Goldsmith 2010, Neutral hedge, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/neutral_hedge/definitions/1159026>. |
| MLA | Barry Goldsmith. "Neutral hedge" 21 October 2010. Web. 28 September 2026. <http://smartdefine.org/neutral_hedge/definitions/1159026> |