---
title: Statistical Arbitrage vs. Delta Hedging
url: https://www.ml-quant.com/papers/ssrn/4899809/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4899809
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4899809
featured: 2024-07-24
citations: unknown
topic: Derivatives & Volatility
---


# Statistical Arbitrage vs. Delta Hedging

Horikawa and Nakagawa's 2024 study suggests that deep hedging can have a speculative aspect, which can be mitigated by choosing the right risk measure.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4899809
- Identifier: SSRN 4899809
- Released: 2024-07-19
- First featured: Quant Letter No. 58 (2024-07-24): https://www.ml-quant.com/issues/2024-07-24/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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