{"id":23747,"date":"2023-12-06T08:51:58","date_gmt":"2023-12-06T08:51:58","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phan-tich-phong-cach-dau-tu-style-analysis-la-gi-dac-diem-va-phan-loai.html"},"modified":"2023-12-22T09:03:06","modified_gmt":"2023-12-22T02:03:06","slug":"phan-tich-phong-cach-dau-tu-style-analysis-la-gi-dac-diem-va-phan-loai","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phan-tich-phong-cach-dau-tu-style-analysis-la-gi-dac-diem-va-phan-loai.html","title":{"rendered":"Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0 (Style Analysis) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m v\u00e0 ph\u00e2n lo\u1ea1i"},"content":{"rendered":"
\n
\n
<\/div>
\n

(\u1ea2nh minh h\u1ecda: The Economics Times)<\/p>\n<\/figcaption><\/figure>\n

Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0\u00a0<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0<\/b> trong ti\u1ebfng Anh l\u00e0 Style Analysis.<\/b><\/p>\n

Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0 <\/b>l\u00e0 qu\u00e1 tr\u00ecnh x\u00e1c \u0111\u1ecbnh ki\u1ec3u h\u00e0nh vi \u0111\u1ea7u t\u01b0 m\u00e0\u00a0nh\u00e0 \u0111\u1ea7u t\u01b0\u00a0ho\u1eb7c ng\u01b0\u1eddi qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n s\u1eed d\u1ee5ng khi \u0111\u01b0a ra\u00a0quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0.<\/p>\n

H\u1ea7u nh\u01b0 t\u1ea5t c\u1ea3 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ec1u \u0111\u01b0a ra m\u1ed9t h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 v\u00e0 ph\u00e2n t\u00edch th\u1eadn tr\u1ecdng v\u1ec1\u00a0phong c\u00e1ch \u0111\u1ea7u t\u01b0\u00a0c\u1ee7a ng\u01b0\u1eddi qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n, t\u1eeb \u0111\u00f3 m\u1edbi c\u00f3 th\u1ec3 x\u00e1c \u0111\u1ecbnh li\u1ec7u ng\u01b0\u1eddi qu\u1ea3n l\u00ed c\u00f3 ph\u00f9 h\u1ee3p v\u1edbi m\u1ee5c ti\u00eau v\u00e0 s\u1edf th\u00edch \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n c\u1ee7a m\u00ecnh hay kh\u00f4ng.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0<\/font><\/h3>\n

H\u1ea7u nh\u01b0 kh\u00f4ng gi\u1edbi h\u1ea1n s\u1ed1 l\u01b0\u1ee3ng phong c\u00e1ch \u0111\u1ea7u t\u01b0<\/b>; tuy nhi\u00ean, m\u1ed9t s\u1ed1 phong c\u00e1ch \u0111\u1ea7u t\u01b0 ph\u1ed5 bi\u1ebfn nh\u1ea5t \u0111\u01b0\u1ee3c ph\u00e2n lo\u1ea1i l\u00e0\u00a0\u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng,\u00a0\u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb\u00a0v\u00e0\u00a0giao d\u1ecbch t\u00edch c\u1ef1c.<\/p>\n

M\u1ed9t s\u1ed1 nh\u00e0 qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n thay \u0111\u1ed5i phong c\u00e1ch \u0111\u1ea7u t\u01b0 theo th\u1eddi gian, ch\u1ecdn c\u00e1ch ti\u1ebfp t\u1ee5c ti\u1ebfp c\u1eadn v\u1edbi m\u1ed9t phong c\u00e1ch n\u1ebfu n\u00f3 \u0111ang ho\u1ea1t \u0111\u1ed9ng t\u1ed1t v\u00e0 sau \u0111\u00f3 chuy\u1ec3n sang ph\u01b0\u01a1ng ph\u00e1p kh\u00e1c khi c\u00e1ch ti\u1ebfp c\u1eadn c\u0169 d\u01b0\u1eddng nh\u01b0 kh\u00f4ng c\u00f2n hi\u1ec7u qu\u1ea3.<\/p>\n

Phong c\u00e1ch \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng (Growth Investing Style)<\/b><\/p>\n

\u0110\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng<\/b> l\u00e0 m\u1ed9t phong c\u00e1ch v\u00e0 chi\u1ebfn l\u01b0\u1ee3c t\u1eadp trung v\u00e0o t\u0103ng tr\u01b0\u1edfng v\u1ed1n. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng th\u01b0\u1eddng \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu ho\u1eb7c c\u00e1c c\u00f4ng ty c\u00f3 thu nh\u1eadp d\u1ef1 ki\u1ebfn s\u1ebd t\u0103ng v\u1edbi t\u1ed1c \u0111\u1ed9 tr\u00ean trung b\u00ecnh c\u1ee7a ng\u00e0nh ho\u1eb7c th\u1ecb tr\u01b0\u1eddng chung.<\/p>\n

Nh\u1eefng lo\u1ea1i c\u1ed5 phi\u1ebfu n\u00e0y mang r\u1ea5t nhi\u1ec1u r\u1ee7i ro v\u00ec c\u00e1c c\u1ed5 \u0111\u00f4ng ch\u1ec9 d\u1ef1a v\u00e0o th\u00e0nh c\u00f4ng c\u1ee7a c\u00f4ng ty \u0111\u1ec3 t\u1ea1o ra l\u1ee3i nhu\u1eadn t\u1eeb kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n

N\u1ebfu t\u0103ng tr\u01b0\u1edfng c\u1ee7a c\u00f4ng ty ch\u1eadm l\u1ea1i b\u1ea5t ng\u1edd, c\u00e1c c\u1ed5 \u0111\u00f4ng c\u00f3 th\u1ec3 s\u1ebd ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi vi\u1ec7c gi\u1ea3m gi\u00e1 c\u1ed5 phi\u1ebfu.<\/p>\n

Phong c\u00e1ch \u0111\u1ea7u t\u01b0 t\u0103ng tr\u01b0\u1edfng \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t trong nh\u1eefng phong c\u00e1ch \u0111\u1ea7u t\u01b0 hung h\u0103ng h\u01a1n.<\/i><\/p>\n

Phong c\u00e1ch \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb (Value investing style)<\/b><\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb th\u01b0\u1eddng t\u00ecm ki\u1ebfm c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 xu h\u01b0\u1edbng giao d\u1ecbch \u1edf m\u1ee9c gi\u00e1 th\u1ea5p h\u01a1n so v\u1edbi c\u00e1c y\u1ebfu t\u1ed1 c\u01a1 b\u1ea3n c\u1ee7a n\u00f3 v\u00e0 \u0111\u01b0\u1ee3c coi l\u00e0 \u0111ang b\u1ecb\u00a0\u0111\u1ecbnh gi\u00e1 th\u1ea5p.<\/p>\n

C\u1ed5 phi\u1ebfu gi\u00e1 tr\u1ecb th\u01b0\u1eddng \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh l\u00e0 c\u00f3 nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m nh\u01b0\u00a0ch\u1ec9 s\u1ed1 P\/E\u00a0th\u1ea5p ho\u1eb7c t\u1ec9 su\u1ea5t chia c\u1ed5 t\u1ee9c cao. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 gi\u00e1 tr\u1ecb tin r\u1eb1ng th\u1ecb tr\u01b0\u1eddng ph\u1ea3n \u1ee9ng th\u00e1i qu\u00e1 v\u1edbi tin t\u1ee9c, d\u00f9 l\u00e0 tin t\u1ed1t hay x\u1ea5u, d\u1eabn \u0111\u1ebfn bi\u1ebfn \u0111\u1ed9ng gi\u00e1 kh\u00f4ng ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c nguy\u00ean t\u1eafc c\u01a1 b\u1ea3n d\u00e0i h\u1ea1n c\u1ee7a c\u00f4ng ty.<\/p>\n

\u0110\u1ea7u t\u01b0 theo gi\u00e1 tr\u1ecb \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn v\u1edbi ti\u1ec1m n\u0103ng t\u1ea1o ra l\u1ee3i nhu\u1eadn t\u1ed1t, tuy nhi\u00ean phong c\u00e1ch \u0111\u1ea7u t\u01b0 ch\u1ec9 c\u00f3 th\u1ec3 th\u1ef1c hi\u1ec7n \u0111\u01b0\u1ee3c \u0111i\u1ec1u n\u00e0y n\u1ebfu c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u1eafm gi\u1eef v\u1ecb th\u1ebf trung b\u00ecnh t\u1eeb 02 \u0111\u1ebfn 03 n\u0103m.<\/i><\/p>\n

Th\u1eddi gian khi \u0111\u1ea7u t\u01b0 theo gi\u00e1 tr\u1ecb mang l\u1ea1i r\u1ee7i ro v\u1ec1 gi\u00e1 v\u00e0 c\u00f3 chi ph\u00ed c\u01a1 h\u1ed9i \u0111\u00e1ng k\u1ec3, v\u00ec v\u1eady c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng phong c\u00e1ch n\u00e0y c\u1ea7n ph\u1ea3i ki\u00ean nh\u1eabn v\u00e0 nh\u1eadn th\u1ee9c \u0111\u01b0\u1ee3c nh\u1eefng r\u1ee7i ro \u0111\u00f3.<\/p>\n

Phong c\u00e1ch giao d\u1ecbch t\u00edch c\u1ef1c (Active trading style)<\/b><\/p>\n

Giao d\u1ecbch t\u00edch c\u1ef1c, c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 giao d\u1ecbch trong ng\u00e0y ho\u1eb7c giao d\u1ecbch l\u01b0\u1edbt s\u00f3ng, \u0111\u01b0\u1ee3c coi l\u00e0 m\u1ed9t phong c\u00e1ch giao d\u1ecbch c\u00f3 t\u00ednh \u0111\u1ea7u c\u01a1 cao.\u00a0<\/p>\n

M\u1ed9t ng\u01b0\u1eddi giao d\u1ecbch t\u00edch c\u1ef1c trong ng\u00e0y mua v\u00e0 b\u00e1n ch\u1ee9ng kho\u00e1n v\u1edbi m\u1ee5c \u0111\u00edch n\u1eafm gi\u1eef ch\u00fang trong m\u1ed9t th\u1eddi gian ng\u1eafn, th\u01b0\u1eddng kh\u00f4ng qu\u00e1 m\u1ed9t ng\u00e0y.<\/p>\n

C\u00e1c nh\u00e0 giao d\u1ecbch t\u00edch c\u1ef1c t\u00ecm c\u00e1ch t\u1eadn d\u1ee5ng c\u00e1c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 ng\u1eafn h\u1ea1n trong c\u00e1c th\u1ecb tr\u01b0\u1eddng c\u00f3 t\u00ednh thanh kho\u1ea3n cao nh\u01b0 c\u1ed5 phi\u1ebfu, quy\u1ec1n ch\u1ecdn v\u00e0 ngo\u1ea1i h\u1ed1i.<\/p>\n

H\u1ea7u h\u1ebft c\u00e1c nh\u00e0 giao d\u1ecbch t\u00edch c\u1ef1c s\u1eed d\u1ee5ng \u0111\u00f2n b\u1ea9y (n\u1ee3 ho\u1eb7c v\u1ed1n vay) v\u1edbi n\u1ed7 l\u1ef1c t\u0103ng l\u1ee3i nhu\u1eadn ti\u1ec1m n\u0103ng t\u1eeb v\u1ecb th\u1ebf n\u1eafm gi\u1eef c\u1ee7a h\u1ecd.<\/p>\n

T\u00e0i kho\u1ea3n k\u00ed qu\u0129 cho ph\u00e9p nh\u00e0 \u0111\u1ea7u t\u01b0 vay ti\u1ec1n t\u1eeb nh\u00e0 m\u00f4i gi\u1edbi v\u1edbi l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh \u0111\u1ec3 mua ch\u1ee9ng kho\u00e1n v\u1edbi mong mu\u1ed1n nh\u1eadn \u0111\u01b0\u1ee3c m\u1ee9c l\u1ee3i nhu\u1eadn cao h\u01a1n.<\/p>\n

S\u1eed d\u1ee5ng Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0 \u0111\u1ec3 l\u1ef1a ch\u1ecdn ng\u01b0\u1eddi qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n<\/font><\/h3>\n

Th\u1ef1c hi\u1ec7n ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0<\/b> t\u01b0\u01a1ng \u0111\u1ed1i \u0111\u01a1n gi\u1ea3n v\u00ec h\u1ea7u h\u1ebft c\u00e1c nh\u00e0 qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n \u0111\u1ec1u n\u00f3i r\u00f5 v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eefng g\u00ec h\u1ecd th\u1ef1c h\u00e0nh.<\/p>\n

Tuy nhi\u00ean, lu\u00f4n theo d\u00f5i h\u1ed3 s\u01a1 \u0111\u1ea7u t\u01b0 c\u1ee7a ng\u01b0\u1eddi qu\u1ea3n l\u00ed trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o r\u1eb1ng h\u1ecd \u0111ang th\u1ef1c h\u00e0nh \u0111\u00fang v\u1edbi nh\u1eefng g\u00ec h\u1ecd \u0111\u00e3 n\u00f3i.<\/p>\n

Th\u00f4ng th\u01b0\u1eddng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean s\u1eed d\u1ee5ng ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0 \u0111\u1ec3 t\u00ecm m\u1ed9t ng\u01b0\u1eddi qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n ph\u00f9 h\u1ee3p v\u1edbi kh\u1ea3 n\u0103ng ch\u1ecbu r\u1ee7i ro c\u1ee7a h\u1ecd.<\/p>\n

Nh\u01b0ng c\u0169ng c\u00f3 l\u1eadp lu\u1eadn n\u00f3i r\u1eb1ng, n\u00ean t\u00ecm c\u00e1c nh\u00e0 qu\u1ea3n l\u00ed c\u00f3 phong c\u00e1ch kh\u00e1c v\u1edbi phong c\u00e1ch c\u00e1 nh\u00e2n c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00ec h\u1ecd c\u00f3 th\u1ec3 s\u1ebd \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c n\u1eafm gi\u1eef theo c\u00e1ch c\u00f3 l\u1ee3i cho danh m\u1ee5c \u0111\u1ea7u t\u01b0 t\u1ed5ng th\u1ec3 c\u1ee7a ch\u00ednh nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

(Theo Investopedia)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Ph\u00e2n t\u00edch phong c\u00e1ch \u0111\u1ea7u t\u01b0 (ti\u1ebfng Anh: Style Analysis) l\u00e0 qu\u00e1 tr\u00ecnh x\u00e1c \u0111\u1ecbnh ki\u1ec3u h\u00e0nh vi \u0111\u1ea7u t\u01b0 m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 ho\u1eb7c ng\u01b0\u1eddi qu\u1ea3n l\u00ed t\u00e0i s\u1ea3n s\u1eed d\u1ee5ng khi \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[414],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/23747"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=23747"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/23747\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=23747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=23747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=23747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}