Análisis de instrumentos financieros para la empresa Sofarelsa S.A como estrategia ante la volatilidad del precio de la pitahaya.

Abstract

The pitahaya market is currently having relevance for Ecuador thanks to its growth in the international market and the demand from the United States. Due to this impact, it is essential to protect the producers of this commodity since they face financial risks such as price volatility for being a developing market. Therefore, this work proposes an analysis of financial coverage contracts particularly the forward, evaluating their effectiveness through the binomial tree model and arbitration method. The aim is to be able to ensure risk coverage of participants in this market by making the pitahaya sector more attractive.