{"id":30552,"date":"2023-12-07T09:32:46","date_gmt":"2023-12-07T09:32:46","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phuong-phap-phan-tich-cum-cluster-analysis-la-gi-nhuoc-diem-cua-phuong-phap-phan-tich-cum.html"},"modified":"2023-12-08T14:44:14","modified_gmt":"2023-12-08T14:44:14","slug":"phuong-phap-phan-tich-cum-cluster-analysis-la-gi-nhuoc-diem-cua-phuong-phap-phan-tich-cum","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phuong-phap-phan-tich-cum-cluster-analysis-la-gi-nhuoc-diem-cua-phuong-phap-phan-tich-cum.html","title":{"rendered":"Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m (Cluster Analysis) l\u00e0 g\u00ec? Nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m"},"content":{"rendered":"
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\"Ph\u01b0\u01a1ng<\/div>
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Kajidata.com<\/p>\n<\/figcaption><\/figure>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m<\/b> trong ti\u00ea\u0301ng Anh la\u0300 Cluster Analysis.<\/b><\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m <\/b>l\u00e0 m\u1ed9t k\u0129 thu\u1eadt ph\u1ed5 bi\u1ebfn trong th\u1ed1ng k\u00ea \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 nh\u00f3m c\u00e1c \u0111\u1ed1i t\u01b0\u1ee3ng c\u00f3 chung \u0111\u1eb7c \u0111i\u1ec3m.<\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m \u0111\u1ec3 ph\u00e1t tri\u1ec3n ph\u01b0\u01a1ng ph\u00e1p giao d\u1ecbch theo c\u1ee5m nh\u1eb1m x\u00e2y d\u1ef1ng c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111a d\u1ea1ng.\u00a0<\/p>\n

C\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 m\u1ed1i t\u01b0\u01a1ng quan cao trong l\u1ee3i nhu\u1eadn s\u1ebd \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o m\u1ed9t gi\u1ecf, t\u01b0\u01a1ng t\u1ef1 v\u1edbi nh\u1eefng c\u1ed5 phi\u1ebfu \u00edt t\u01b0\u01a1ng quan h\u01a1n cho \u0111\u1ebfn khi m\u1ecdi c\u1ed5 phi\u1ebfu \u0111\u1ec1u \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o c\u00e1c danh m\u1ee5c. \u00a0<\/p>\n

N\u1ebfu \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n \u0111\u00fang, c\u00e1c ph\u00e2n c\u1ee5m kh\u00e1c nhau s\u1ebd th\u1ec3 hi\u1ec7n m\u1ed1i t\u01b0\u01a1ng quan t\u1ed1i thi\u1ec3u v\u1edbi nhau. B\u1eb1ng c\u00e1ch n\u00e0y, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 \u0111\u01b0\u1ee3c t\u1ea5t c\u1ea3 c\u00e1c \u01b0u \u0111i\u1ec3m c\u1ee7a \u0111a d\u1ea1ng h\u00f3a: gi\u1ea3m r\u1ee7i ro thua l\u1ed7, b\u1ea3o to\u00e0n v\u1ed1n v\u00e0 kh\u1ea3 n\u0103ng th\u1ef1c hi\u1ec7n c\u00e1c giao d\u1ecbch r\u1ee7i ro h\u01a1n m\u00e0 kh\u00f4ng t\u0103ng r\u1ee7i ro t\u1ed5ng th\u1ec3.\u00a0<\/p>\n

\u0110a d\u1ea1ng h\u00f3a v\u1eabn l\u00e0 m\u1ed9t trong nh\u1eefng kh\u00e1i ni\u1ec7m trung t\u00e2m trong \u0111\u1ea7u t\u01b0 v\u00e0 ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c n\u00f3.\u00a0 <\/i><\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m\u00a0<\/font><\/h3>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m<\/b> cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 lo\u1ea1i b\u1ecf s\u1ef1 m\u1ea5t tr\u1eadt t\u1ef1 trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd b\u1eb1ng c\u00e1ch x\u00e1c \u0111\u1ecbnh c\u00e1c ch\u1ee9ng kho\u00e1n c\u00f3 l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng quan v\u1edbi nhau.\u00a0<\/p>\n

V\u00ed d\u1ee5 c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 ch\u1ec9 bao g\u1ed3m c\u00e1c c\u1ed5 phi\u1ebfu c\u00f4ng ngh\u1ec7 c\u00f3 v\u1ebb an to\u00e0n v\u00e0 \u0111a d\u1ea1ng nh\u01b0ng khi m\u1ed9t s\u1ef1 ki\u1ec7n nh\u01b0\u00a0bong b\u00f3ng dotcom\u00a0x\u1ea3y ra, kh\u1ea3 n\u0103ng to\u00e0n b\u1ed9 danh m\u1ee5c \u0111\u1ea7u t\u01b0 thua l\u1ed7 l\u00e0 r\u1ea5t cao.\u00a0<\/p>\n

Mua v\u00e0 ph\u00e2n c\u1ee5m c\u00e1c t\u00e0i s\u1ea3n ph\u00f9 h\u1ee3p v\u1edbi c\u00e1c ph\u00e2n kh\u00fac th\u1ecb tr\u01b0\u1eddng kh\u00e1c nhau r\u1ea5t quan tr\u1ecdng \u0111\u1ec3 t\u0103ng s\u1ef1 \u0111a d\u1ea1ng h\u00f3a v\u00e0 b\u1ea3o v\u1ec7 nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u1ecfi c\u00e1c r\u1ee7i ro h\u1ec7 th\u1ed1ng nh\u01b0 bong b\u00f3ng dotcom. \u00a0<\/i><\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m trong L\u1ef1a ch\u1ecdn v\u00e0 giao d\u1ecbch c\u1ed5 phi\u1ebfu\u00a0<\/font><\/h3>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m <\/b>t\u00ecm ra c\u00e1c ph\u00e2n lo\u1ea1i c\u1ed5 phi\u1ebfu nh\u01b0 c\u1ed5 phi\u1ebfu c\u00f3 t\u00ednh chu k\u00ec v\u00e0 c\u1ed5 phi\u1ebfu t\u0103ng tr\u01b0\u1edfng. Nh\u1eefng chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 nh\u01b0 chi\u1ebfn l\u01b0\u1ee3c smart beta hay \u0111\u1ea7u t\u01b0 y\u1ebfu t\u1ed1 (Factor investing).\u00a0<\/p>\n

C\u00e1c chi\u1ebfn l\u01b0\u1ee3c n\u00e0y c\u1ed1 g\u1eafng thu l\u1ee3i nhu\u1eadn \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh r\u1ee7i ro t\u1ed1t h\u01a1n t\u1eeb c\u00e1c ph\u1ea7n b\u00f9 r\u1ee7i ro nh\u01b0 m\u1ee9c bi\u1ebfn \u0111\u1ed9ng gi\u00e1 t\u1ed1i thi\u1ec3u, m\u1ee9c t\u0103ng tr\u01b0\u1edfng v\u00e0 \u0111\u1ed9ng l\u01b0\u1ee3ng. Ch\u00fang bao h\u00e0m c\u00e1c kh\u00e1i ni\u1ec1m v\u1ec1 nh\u00f3m v\u00e0 ph\u00e2n lo\u1ea1i c\u1ed5 phi\u1ebfu d\u1ef1a tr\u00ean ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m. \u00a0\u00a0 <\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m l\u00e0 n\u1ec1n t\u1ea3ng cho c\u00e1c chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 y\u1ebfu t\u1ed1 x\u00e1c \u0111\u1ecbnh c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 r\u1ee7i ro h\u1ec7 th\u1ed1ng v\u00e0 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m t\u01b0\u01a1ng t\u1ef1 nhau. \u00a0\u00a0<\/p>\n

Tuy nhi\u00ean kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o t\u1ea5t c\u1ea3 c\u00e1c t\u00e0i s\u1ea3n trong m\u1ed9t ph\u00e2n c\u1ee5m \u0111\u1ec1u trong c\u00f9ng m\u1ed9t ng\u00e0nh. Th\u00f4ng th\u01b0\u1eddng, c\u00e1c ph\u00e2n c\u1ee5m c\u1ed5 phi\u1ebfu n\u1eafm gi\u1eef \u0111\u1ebfn t\u1eeb nhi\u1ec1u ng\u00e0nh hay l\u0129nh v\u1ef1c kh\u00e1c nhau nh\u01b0 c\u00f4ng ngh\u1ec7 v\u00e0 t\u00e0i ch\u00ednh. \u00a0\u00a0 <\/p>\n

Nh\u01b0\u1ee3c \u0111i\u1ec3m c\u1ee7a Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m\u00a0<\/font><\/h3>\n

Nh\u01b0\u1ee3c \u0111i\u1ec3m r\u00f5 r\u00e0ng nh\u1ea5t c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m<\/b> l\u00e0 m\u1ee9c \u0111\u1ed9 ch\u1ed3ng ch\u00e9o gi\u1eefa c\u00e1c ph\u00e2n c\u1ee5m (overlay). C\u00e1c ph\u00e2n c\u1ee5m g\u1ea7n nhau hay c\u00f3 ngh\u0129a l\u00e0 c\u00f3 m\u1ed1i t\u01b0\u01a1ng quan cao trong l\u1ee3i nhu\u1eadn, th\u01b0\u1eddng chia s\u1ebb chung m\u1ed9t s\u1ed1 y\u1ebfu t\u1ed1 r\u1ee7i ro.\u00a0<\/p>\n

Do \u0111\u00f3, m\u1ed9t ph\u00e2n c\u1ee5m gi\u1ea3m l\u1ee3i nhu\u1eadn c\u00f3 th\u1ec3 khi\u1ebfn hi\u1ec7u su\u1ea5t gi\u1ea3m trong ph\u00e2n c\u1ee5m kh\u00e1c. V\u00ec v\u1eady, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean t\u00ecm ki\u1ebfm v\u00e0 nh\u00f3m c\u00e1c c\u1ed5 phi\u1ebfu c\u00f3 kho\u1ea3ng c\u00e1ch l\u1edbn v\u1edbi c\u00e1c ph\u00e2n c\u1ee5m b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi nhi\u1ec1u y\u1ebfu t\u1ed1 th\u1ecb tr\u01b0\u1eddng kh\u00e1c nhau. \u00a0\u00a0<\/p>\n

Tuy nhi\u00ean, nh\u1eefng \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng r\u1ed9ng h\u01a1n nh\u01b0 cu\u1ed9c suy tho\u00e1i th\u1ebf gi\u1edbi n\u0103m 2008 v\u1eabn s\u1ebd l\u00e0m to\u00e0n b\u1ed9 danh m\u1ee5c \u0111\u1ea7u t\u01b0 gi\u1ea3m hi\u1ec7u su\u1ea5t b\u1ea5t k\u1ec3 nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea5u tr\u00fac n\u00f3 nh\u01b0 th\u1ebf n\u00e0o.\u00a0<\/p>\n

K\u1ecbch b\u1ea3n l\u00ed t\u01b0\u1edfng nh\u1ea5t l\u00e0 c\u00e1c ph\u00e2n c\u1ee5m t\u1ed1t c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m thi\u1ec3u c\u00e1c t\u1ed5n th\u1ea5t. \u00a0 <\/i><\/p>\n

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

\n Ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u1ee5m (ti\u1ebfng Anh: Cluster Analysis) l\u00e0 m\u1ed9t k\u0129 thu\u1eadt ph\u1ed5 bi\u1ebfn trong th\u1ed1ng k\u00ea \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 nh\u00f3m c\u00e1c \u0111\u1ed1i t\u01b0\u1ee3ng c\u00f3 chung \u0111\u1eb7c \u0111i\u1ec3m.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30552"}],"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=30552"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30552\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}