Hedging uye nzira kwayo

Mabasa chero boka kushanda mune mari pamusika zvinhu Rinobatanidzwa zvikuru ngozi nazvo nokuda kuchinja kamwe kamwe ari pamusika ezvinhu. musika maitiro zvakaoma chaizvo kuti kufanotaura pachine, uyezve, chero nguva anogona pasi pokudzora zvinhu zvakadai dzinongoitika dzoga, kurwisana enyika uye mamwe matambudziko. Hedging rinoshandiswa vatambi kubva pamusika mari kuitira kuti vakwanise maximize uzvidzivirire kuwana kurasikirwa. Kuti mashoko sei kushandisa inishuwarenzi yakadaro, isu tsanangura munyaya ino.

Hedging njodzi zvemari kunogona kutora zvakasiyana siyana, zvichienderana chii zvinangwa muzvinashawo. Chimwe chezvinhu chinyakare mhando hedging ndiko kuvhura maviri akarwisana zvakaenda ari mudziyo mumwe - nokudaro, uwandu motokari nokugamuchirwa chete matende pamusika mumwe, nemichina nokuda mari kubva chete kufamba panorumwe mutengapwe. Chokwadi, nzira iyi anobvisa kwete chete kurasikirwa asiwo Purofiti, saka substantially achidzikisa zvose riskiness uye kunyatsoshanda mumusika. A yakagozha shanduro nzira iri mhedziso kwema nedzimwe maturusi - semuenzaniso, unogona kuita zvakawanda pamusoro anogoverana imwe kambani uye pamusika wemari indices, idzo kuumbwa kufungisisa nomutengo vawana mugove. Sezvingatarisirwa, kuti ruzhowa ngozi kwete kutora zvose Purofiti, kuwanda runotikurudzira kutengeserana anofanira kuva mukuru kupfuura vhoriyamu imwe vakachengeteka kontrsdelki. Saka kuderedza mwero mari iri mudariro rokutanga kutengeserana, isuwo kuderedza ayo kurasikirwa-kuita kusvikira panguva kusvikira tine chokwadi chokuti isu akaisa aida mutengo muitiro. Zvadaro, mumwe kuchengeteka kutengeserana inogona kuvharwa, nokudaro vachiwedzera profitability hwokushanda.

Hedging ane mamwe siyana, zvikuru nevanhu chiri kwemamiriro kwema vane kunonoka kuurayiwa zvibvumirano - vanonzi mberi. Forward chibvumirano umo yakanatsa mutengo uye musi chokuendesa nhumbi, izvo kazhinji vatanhatu gumi mwedzi kubva musi mhedziso. Nokuda kwaizvozvo, mapato vangabvumirana pamusoro kutengeswa kwenhumbi pamusoro mashoko dzinogutsa zvavanoda panguva uye mune ramangwana vachagara musafunganya pamusoro kuchinja zviri mumusika mutengo kuti kutengeserana. wokutanga chibvumirano The mberi chokuita nerubatsiro zvokurima zvigadzirwa, mutengo zvacho pasi kuchinja nokuda migumisiro dzinongoitika zvinhu uye somugumisiro, kuchinja bhuku chirimwa. Kwezvipimo orudzi mberi chibvumirano ndiyo inonzi neramangwana - chibvumirano umo zvinhu makurukuriro uye nhamba yemabhuku nhumbi imwe nguva yakatarwa pachine Exchange mitemo.

Hedging anogona kuitwa pachishandiswa kutenga kuzvipedza. Nezvechisarudzo rinopa ayo mutengi kodzero (kwete mutoro, panyaya ine mberi kana neramangwana chibvumirano) kunotenga kana mumwe chitsama kunobatsira pashure mumwe musi. Izvi mhando chibvumirano chinonyanya zvakanaka kuti mutengi, sezvakaitwa kana kushandiswa kusarudza kodzero haangavi angabatsira iye uye ake kurasikirwa achava vakaenzana chete mari kusarudza. Mugore takunda-zvisamumirira iri uye mutengesi - kukosha kusarudza riri kwaari rudzi pachine shoma nokuda kutengeserana, izvo zvinogona kutora nzvimbo.

Hedging chinhu chinokosha nzira ipi punter. Mune dzichichinja musika mamiriro, kutamba pamusika wemari pasina kuchengeteka ngozi yakafanana kuzviuraya, saka kontrsdelki uye mabasa zvokuridzira rinobva emari kuti chinokosha inorwara kwema zvemari yose.