Following the exercise for hedging Samsung stocks, analyze the hedging performance for the case of holding 10,000 shares of Hyundai Motors stocks.

KOSP1200 KOSPI200 F 202012 318.50 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2020/09/09 2020/09/10 2020/09/11 2020/09/14 2020/09/15 2020/09/16 2020/09/17 2020/09/18 2020/09/21 2020/09/22 2020/09/23 2020/09/24 2020/09/25 2020/09/28 2020/09/29 2020/10/05 2020/10/06 2020/10/07 2020/10/08 2020/10/12 2020/10/13 2020/10/14 2020/10/15 2020/10/16 2020/10/19 2020/10/20 2020/10/21 Data 313.77 316.53 316.45 320.98 323.36 322.31 318.00 318.39 315.89 308.82 309.64 302.48 303.57 307.03 309.44 313.51 314.45 317.35 317.47 319.15 319.58 316.57 313.92 311.83 312.59 314.71 315.76 58,400 59,200 59,000 60,400 61,000 61,000 59,500 59,300 59,200 58,200 58,600 57,800 57,900 58,200 58,200 58,700 59,000 59,900 59,700 60,400 60,900 60,900 60,000 59,500 60,000 60,900 60,900 167,500 169,000 171,500 180,000 179,000 183,500 184,000 181,000 185,000 179,500 179,500 171,500 170,000 175,500 178,500 187,000 182,5001 183,000 180,500 180,000 179,000 178,000 176,000 172,000 168,000 167,500 165,500 313.35 308.00 KOSPI200 KOSPI200 F 202012 308.00 307.80 1 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 2020/10/22 2020/10/23 2020/10/26 2020/10/27 2020/10/28 2020/10/29 2020/10/30 2020/11/02 2020/11/03 2020/11/04 2020/11/05 2020/11/06 2020/11/09 2020/11/10 2020/11/11 2020/11/12 2020/11/13 2020/11/16 2020/11/17 2020/11/18 2020/11/19 2020/11/20 2020/11/23 2020/11/24 2020/11/25 2020/11/26 2020/11/27 Data 313.77 314.79 313.53 311.80 313.17 309.94 301.60 305.95 312.07 313.83 321.51 322.10 325.83 326.13 331.12 329.72 333.03 340.63 339.85 339.96 340.16 340.62 348.46 350.28 348.30 352.12 352.73 60,100 60,2001 60,400 59,800 59,000 58,100 56,600 57,400 58,800 58,500 60,300 60,100 60,200 60,200 61,300 61,000 63,200 66,300 65,700 64,800 64,600 64,700 67,500 67,700 66,600 68,000 68,200 162,500 167,000 171,500 172,500 173,500 170,000 164,500 170,500 170,500 171,500 175,000 170,500 172,500 173,500 175,500 174,000 177,500 179,000 182,500 179,500 180,000 177,000 179,000 181,000 179,500 179,000 181,000 334.00 335.10 335.00 333.50 335.00 343.60 A D E B KOSPI200 C KOSPI200 F 202012 1 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 2020/11/30 2020/12/01 2020/12/02 2020/12/03 2020/12/04 2020/12/07 2020/12/08 2020/12/09 2020/12/10 2020/12/11 2020/12/14 2020/12/15 2020/12/16 2020/12/17 2020/12/18 2020/12/21 2020/12/22 2020/12/23 2020/12/24 2020/12/28 2020/12/29 2020/12/30 2021/01/04 2021/01/05 2021/01/06 2021/01/07 2021/01/08 346.05 352.40 358.66 361.66 367.63 369.86 363.45 371.47 369.37 372.24 371.56 370.88 372.53 372.00 371.55 372.18 366.43 371.32 379.18 379.93 381.27 389.29 399.88 406.03 402.08 410.81 430.22 66,700 67,800 69,500 69,700 71,500 72,900 71,700 73,900 72,900 73,400 73,800 73,800 73,800 73,300 73,000 73,000 72,300 73,900 77,800 78,700 78,300 81,000 83,000 83,900 82,200 82,9001 88,800 181,500 183,500 182,500 196,500 196,500 193,500 186,500 191,500 191,500 190,000 189,000 188,500 190,000 190,500 189,000 187,000 184,000 185,000 187,000 189,500 190,500 192,000 207,500 209,500 203,000 206,000 246,000 363.00 399.70 409.00 83 84 85 420.00 86 87 88 89 90 91 92 93 435.50 94 95 414.30 2021/01/11 2021/01/12 2021/01/13 2021/01/14 2021/01/15 2021/01/18 2021/01/19 2021/01/20 2021/01/21 2021/01/22 2021/01/25 2021/01/26 2021/01/27 2021/01/28 2021/01/29 2021/02/01 2021/02/02 2021/02/03 2021/02/04 2021/02/05 2021/02/08 2021/02/09 2021/02/10 2021/02/15 2021/02/16 2021/02/17 2021/02/18 Data 431.13 427.87 430.38 429.85 420.43 410.50 421.35 424.01 430.27 427.13 437.30 426.73 423.67 416.40 404.56 415.45 421.03 425.21 418.31 423.30 418.95 417.91 419.65 427.01 429.24 424.20 417.44 96 97 98 99 100 101 102 103 104 105 106 107 108 109 91,000 90,600 89,700 89,700 88,000 85,000 87,000 87,200 88,100 86,800 89,400 86,700 85,600 83,700 82,000 83,000 84,400 84,600 82,500 83,500 83,000 82,700 81,600 84.2001 84,900 83,200 82,100 267,500 261,000 259,000 250,500 240,000 241,000 261,500 259,000 264,500 257,000 260,000 251,500 245,500 238,500 229,000 238,500 240,500 245,500 248,500 249,500 234,000 236,500 245,000 247,500 247,500 243,500 235,500 413.70 KOSP1200 KOSPI200 F 202012 318.50 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2020/09/09 2020/09/10 2020/09/11 2020/09/14 2020/09/15 2020/09/16 2020/09/17 2020/09/18 2020/09/21 2020/09/22 2020/09/23 2020/09/24 2020/09/25 2020/09/28 2020/09/29 2020/10/05 2020/10/06 2020/10/07 2020/10/08 2020/10/12 2020/10/13 2020/10/14 2020/10/15 2020/10/16 2020/10/19 2020/10/20 2020/10/21 Data 313.77 316.53 316.45 320.98 323.36 322.31 318.00 318.39 315.89 308.82 309.64 302.48 303.57 307.03 309.44 313.51 314.45 317.35 317.47 319.15 319.58 316.57 313.92 311.83 312.59 314.71 315.76 58,400 59,200 59,000 60,400 61,000 61,000 59,500 59,300 59,200 58,200 58,600 57,800 57,900 58,200 58,200 58,700 59,000 59,900 59,700 60,400 60,900 60,900 60,000 59,500 60,000 60,900 60,900 167,500 169,000 171,500 180,000 179,000 183,500 184,000 181,000 185,000 179,500 179,500 171,500 170,000 175,500 178,500 187,000 182,5001 183,000 180,500 180,000 179,000 178,000 176,000 172,000 168,000 167,500 165,500 313.35 308.00 KOSPI200 KOSPI200 F 202012 308.00 307.80 1 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 2020/10/22 2020/10/23 2020/10/26 2020/10/27 2020/10/28 2020/10/29 2020/10/30 2020/11/02 2020/11/03 2020/11/04 2020/11/05 2020/11/06 2020/11/09 2020/11/10 2020/11/11 2020/11/12 2020/11/13 2020/11/16 2020/11/17 2020/11/18 2020/11/19 2020/11/20 2020/11/23 2020/11/24 2020/11/25 2020/11/26 2020/11/27 Data 313.77 314.79 313.53 311.80 313.17 309.94 301.60 305.95 312.07 313.83 321.51 322.10 325.83 326.13 331.12 329.72 333.03 340.63 339.85 339.96 340.16 340.62 348.46 350.28 348.30 352.12 352.73 60,100 60,2001 60,400 59,800 59,000 58,100 56,600 57,400 58,800 58,500 60,300 60,100 60,200 60,200 61,300 61,000 63,200 66,300 65,700 64,800 64,600 64,700 67,500 67,700 66,600 68,000 68,200 162,500 167,000 171,500 172,500 173,500 170,000 164,500 170,500 170,500 171,500 175,000 170,500 172,500 173,500 175,500 174,000 177,500 179,000 182,500 179,500 180,000 177,000 179,000 181,000 179,500 179,000 181,000 334.00 335.10 335.00 333.50 335.00 343.60 A D E B KOSPI200 C KOSPI200 F 202012 1 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 2020/11/30 2020/12/01 2020/12/02 2020/12/03 2020/12/04 2020/12/07 2020/12/08 2020/12/09 2020/12/10 2020/12/11 2020/12/14 2020/12/15 2020/12/16 2020/12/17 2020/12/18 2020/12/21 2020/12/22 2020/12/23 2020/12/24 2020/12/28 2020/12/29 2020/12/30 2021/01/04 2021/01/05 2021/01/06 2021/01/07 2021/01/08 346.05 352.40 358.66 361.66 367.63 369.86 363.45 371.47 369.37 372.24 371.56 370.88 372.53 372.00 371.55 372.18 366.43 371.32 379.18 379.93 381.27 389.29 399.88 406.03 402.08 410.81 430.22 66,700 67,800 69,500 69,700 71,500 72,900 71,700 73,900 72,900 73,400 73,800 73,800 73,800 73,300 73,000 73,000 72,300 73,900 77,800 78,700 78,300 81,000 83,000 83,900 82,200 82,9001 88,800 181,500 183,500 182,500 196,500 196,500 193,500 186,500 191,500 191,500 190,000 189,000 188,500 190,000 190,500 189,000 187,000 184,000 185,000 187,000 189,500 190,500 192,000 207,500 209,500 203,000 206,000 246,000 363.00 399.70 409.00 83 84 85 420.00 86 87 88 89 90 91 92 93 435.50 94 95 414.30 2021/01/11 2021/01/12 2021/01/13 2021/01/14 2021/01/15 2021/01/18 2021/01/19 2021/01/20 2021/01/21 2021/01/22 2021/01/25 2021/01/26 2021/01/27 2021/01/28 2021/01/29 2021/02/01 2021/02/02 2021/02/03 2021/02/04 2021/02/05 2021/02/08 2021/02/09 2021/02/10 2021/02/15 2021/02/16 2021/02/17 2021/02/18 Data 431.13 427.87 430.38 429.85 420.43 410.50 421.35 424.01 430.27 427.13 437.30 426.73 423.67 416.40 404.56 415.45 421.03 425.21 418.31 423.30 418.95 417.91 419.65 427.01 429.24 424.20 417.44 96 97 98 99 100 101 102 103 104 105 106 107 108 109 91,000 90,600 89,700 89,700 88,000 85,000 87,000 87,200 88,100 86,800 89,400 86,700 85,600 83,700 82,000 83,000 84,400 84,600 82,500 83,500 83,000 82,700 81,600 84.2001 84,900 83,200 82,100 267,500 261,000 259,000 250,500 240,000 241,000 261,500 259,000 264,500 257,000 260,000 251,500 245,500 238,500 229,000 238,500 240,500 245,500 248,500 249,500 234,000 236,500 245,000 247,500 247,500 243,500 235,500 413.70