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drc_sa
DescriptionThe hedge benefit ratio, or Weighted to Short ratio (restricted to the current location)
Reference[MAR22.44]
NotationHBRHBR
FormulaHBR=∑netJtDlong∑netJtDlong+∑∥netJtDshort∥\displaystyle HBR = \frac{\sum netJtD_{long}}{\sum netJtD_{long} + \sum \|netJtD_{short}\|}