Pick a stock of company of your choice that you like. You think this stock will outperform the stock market (the resp. stock market index of the country your company has its shares listed). However, you are worried that the market may face turbulence (Middle East or general T(e)r(u)m(p)-oil). Apply the minimum Variance Hedge Ratio concept to determine how many futures contracts to buy or sell. Your time horizon is 3 months (You will want to collect historic data for the same period going back); determine the volatility of the daily returns on the stock and the index and the correlation of the 2 return series. See whether you can find a stock index futures and its specific contracts specifications. Determine the number of futures contracts. Will you buy or sell them?. You want to invest 1 Mio. in your favorite stock (size of underlying stock).