Hedging means hedging: it refers to the purpose of preserving the value of actual assets through reverse trading of futures. For example, you think the price of fuel will rise, so you buy fuel, but In order to prevent the risk of falling prices, you place a relatively short order in fuel futures. In this way, if the price falls, your business may suffer a loss in price, but your futures order will make a profit, thus making up for the loss. The purpose of hedging~

The hedging loss means that the hedging is not good enough. It may be that the design of the plan is unreasonable, resulting in the failure to achieve the purpose of hedging and resulting in a loss