Mipanda - ndi mwayi weniweni tchinga ndi kuopsa!

Dziko chuma 70-80-ntchentche Mu zaka zapitazo, ndi Kusakhazikika sikunachitekepo anali ponseponse. spikes mtengo anali pansi pafupifupi zonsezi. ntchito iliyonse malonda inextricably kumachititsanso ndi chiopsezo ena. Mu Spanish, mawu akuti "risko" otchedwa thanthwe otsetsereka. Burns mu dikishonare chiopsezo wapawiri n'kukagwiritsa chuma chake. ngozi Choyamba, kuyembekezeredwa, mosiyana, chiopsezo limanenedwa ngati kanthu mu chiyembekezo cha zotsatira zosangalatsa mwachisawawa.

Zinali ndiye panali zoyambira za njira kasamalidwe chiopsezo.

Pochepetsa ndi kuthetsa chiopsezo ndalama kupangidwa m'njira zosiyanasiyana ndi zipangizo, pamodzi kudziwika monga hedging. Mipanda - ndi inshuwalansi ya mavuto mu dera chuma, amene anasonyeza utakhala zosiyana kakatundu udindo mu msika. Kumasulira "tchinga" amatanthauza "mpanda", "chitetezo". Ndalama Zakunja hedging ntchito zosiyanasiyana. Zasungidwa pa kusinthasintha malipiro a ndalama ndi mtengo wa akugunda amafuna kuphunzira mozama za zinthu pa msika, komanso osauka njira kupewa ngozi.

Poganizira inshuwalansi ya ankayendetsa zachuma mawu a sayansi, ife tikhoza bwino kusiyanitsa mitundu iwiri ya hedging. Iyi ndi yochepa ndi tchinga yaitali. The choyamba ndi kugulitsa Mapangano zam'tsogolo, ogulidwa chachiwiri cha zimenezi zam'tsogolo. Payokha ankaona options hedging, mwayi ogulitsa ankagwiritsa ntchito mchitidwe ankadziwana hedging.

Pogwira wotuluka iliyonse hedging m'pofunika kuti masitepe awiri. Choyamba - ndi kutsegula malo mu mgwirizano zam'tsogolo, wachiwiri - kutseka wake wa ndikupeleka iwowo. Classic zosinthika limene pali tchinga - pamene wabizinesiyo ali pa maudindo onse ndi ulemu wina ndi mankhwala yemweyo, pa mlingo wofanana womwewo mizere kotunga (pasanathe mwezi umodzi).

Poganizira kugulitsa hedging mwina kudziŵika kuti mtundu uwu wa inshuwalansi kugwiritsa ntchito zam'tsogolo msika lalifupi udindo pamaso pa yaitali udindo mu msika ndalama. Mu chimake ichi, pali chofunika mtengo chitetezo zomwe zakonzedwa kugulitsa. Njira chimagwiritsidwa ntchito ndi ogulitsa katundu weniweni amene amafuna kudziteteza ku kugwa mitengo. Mipanda wa mtundu uwu ntchito kuteteza katundu wa katundu kapena zida ndalama zimene si ataphimbidwa ndi ankayendetsa patsogolo mtundu. Short tchinga wapeza ntchito mu nkhani ya kufunika kuteteza mtengo sanabadwe kutulutsa katundu kapena mapangano kwa ogulidwa mapangano patsogolo.

Hedging kugula akugula mgwirizano zam'tsogolo mwini yochepa udindo mu msika. Chifukwa, atathana mtengo kugula katundu. Hedging ndi kuteteza ndi mavuto amene angakhalepo mu njira ya malonda patsogolo pa mitengo mapulani ku kuyenda ulendo mtengo zipangizo, ankagwiritsa ntchito yopanga, amene ali ndi mtengo khola. Ziwongola dzanja zaogulitsa Makampani kuti mwalowa ndikupeleka, masamu pa kugula katundu ku makampani m'tsogolo converters ntchito mtundu uwu wa inshuwalansi ndalama.