YouTube T3-07: Futures contracts to neutralize (or alter) equity beta

[Nicole Seaman]

Dollar beta adds (or subtracts), so we neutralize beta by offsetting dollar beta which is portfolio value multiplied by portfolio beta; or, for the hedge, dollar beta is number of contracts multiplied by notional value per contract (assuming S&P index futures contract with beta ~ 1.0).

David's XLS is here: http://trtl.bz/2FWHJ4H