{"id":30785,"date":"2023-12-07T09:53:22","date_gmt":"2023-12-07T09:53:22","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phong-ve-gia-tu-nhien-natural-hedge-la-gi-nhung-dac-diem-can-luu-y.html"},"modified":"2023-12-23T07:23:12","modified_gmt":"2023-12-23T00:23:12","slug":"phong-ve-gia-tu-nhien-natural-hedge-la-gi-nhung-dac-diem-can-luu-y","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phong-ve-gia-tu-nhien-natural-hedge-la-gi-nhung-dac-diem-can-luu-y.html","title":{"rendered":"Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean (Natural Hedge) l\u00e0 g\u00ec? Nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m c\u1ea7n l\u01b0u \u00fd"},"content":{"rendered":"<div class=\"vnbcbc-body vceditor-content wi-active\" data-role=\"content\">\n<figure class=\"VCSortableInPreviewMode\" type=\"Photo\" style=\"\">\n<div><\/div><figcaption class=\"PhotoCMS_Caption\">\n<p data-placeholder=\"[Nh\u1eadp ch\u00fa th\u00edch \u1ea3nh]\" class=\"\">H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: Commodity Trade Mantra<\/p>\n<\/figcaption><\/figure>\n<h2><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean<\/font><\/h2>\n<p><b>Kh\u00e1i ni\u1ec7m<\/b><\/p>\n<p><b>Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean<\/b>, ti\u1ebfng Anh g\u1ecdi l\u00e0 <b>natural hedge<\/b>.<\/p>\n<p><b>Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean<\/b> l\u00e0 chi\u1ebfn l\u01b0\u1ee3c qu\u1ea3n tr\u1ecb nh\u1eb1m m\u1ee5c \u0111\u00edch h\u1ea1n ch\u1ebf r\u1ee7i ro b\u1eb1ng c\u00e1ch \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n c\u00f3\u00a0t\u01b0\u01a1ng quan ngh\u1ecbch bi\u1ebfn\u00a0v\u1edbi nhau. N\u00f3 c\u0169ng c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng trong c\u00e1c qui tr\u00ecnh th\u00f4ng th\u01b0\u1eddng c\u1ee7a m\u1ed9t t\u1ed5 ch\u1ee9c.<\/p>\n<p>V\u00ed d\u1ee5, doanh nghi\u1ec7p thanh to\u00e1n chi ph\u00ed b\u1eb1ng ch\u00ednh lo\u1ea1i \u0111\u1ed3ng ti\u1ec1n thu v\u1ec1 t\u1eeb doanh thu \u0111\u1ec3 h\u1ea1n ch\u1ebf<i>\u00a0<\/i>r\u1ee7i ro t\u1ec9 gi\u00e1.<\/p>\n<h3><font style=\"line-height: 22px; font-size: 22px;\" color=\"#3d85c6\">Hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean<\/font><\/h3>\n<p><b>Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean<\/b> s\u1eed d\u1ee5ng nh\u1eefng lo\u1ea1i t\u00e0i s\u1ea3n c\u00f3 hi\u1ec7u su\u1ea5t tr\u00e1i ng\u01b0\u1ee3c nhau trong qu\u00e1 kh\u1ee9 t\u1ea1i m\u1ed9t t\u00ecnh tr\u1ea1ng kinh t\u1ebf nh\u1ea5t \u0111\u1ecbnh \u0111\u1ec3 gi\u1ea3m thi\u1ec3u r\u1ee7i ro chung c\u1ee7a c\u00f4ng ty ho\u1eb7c danh m\u1ee5c \u0111\u1ea7u t\u01b0.<\/p>\n<p>M\u1ee5c ti\u00eau ch\u00ednh l\u00e0 ph\u00e2n b\u1ed5 t\u00e0i nguy\u00ean v\u00e0o hai lo\u1ea1i t\u00e0i s\u1ea3n kh\u00e1c nhau, \u0111\u1ec3 r\u1ee7i ro xu\u1ea5t hi\u1ec7n tr\u00ean t\u00e0i s\u1ea3n n\u00e0y s\u1ebd \u0111\u01b0\u1ee3c b\u00f9 \u0111\u1eafp b\u1eb1ng l\u1ee3i nhu\u1eadn thu \u0111\u01b0\u1ee3c t\u1eeb t\u00e0i s\u1ea3n kia v\u00e0 ng\u01b0\u1ee3c l\u1ea1i. C\u01a1 b\u1ea3n l\u00e0 d\u00f2ng ti\u1ec1n c\u1ee7a m\u1ed9t t\u00e0i s\u1ea3n s\u1ebd l\u00e0m c\u00e2n b\u1eb1ng d\u00f2ng ti\u1ec1n c\u1ee7a t\u00e0i s\u1ea3n c\u00f2n l\u1ea1i, \u0111\u00fang theo \u00fd ngh\u0129a c\u1ee7a m\u1ed9t <i>chi\u1ebfn l\u01b0\u1ee3c\u00a0<\/i>ph\u00f2ng v\u1ec7 gi\u00e1.<\/p>\n<p>C\u00f4ng ty c\u00f3 doanh thu cao t\u1ea1i m\u1ed9t qu\u1ed1c gia n\u00e0o \u0111\u00f3 s\u1ebd ph\u1ea3i ch\u1ecbu r\u1ee7i ro ti\u1ec1n t\u1ec7 tr\u1ef1c ti\u1ebfp n\u1ebfu mu\u1ed1n chuy\u1ec3n ph\u1ea7n doanh thu \u0111\u00f3 v\u1ec1 n\u01b0\u1edbc. H\u1ecd c\u00f3 th\u1ec3 h\u1ea1n ch\u1ebf \u0111\u01b0\u1ee3c r\u1ee7i ro n\u00e0y n\u1ebfu chuy\u1ec3n d\u1ecbch \u0111\u01b0\u1ee3c c\u01a1 c\u1ea5u ho\u1ea1t \u0111\u1ed9ng, trong \u0111\u00f3 h\u1ecd thanh to\u00e1n chi ph\u00ed b\u1eb1ng ch\u00ednh \u0111\u1ed3ng ngo\u1ea1i t\u1ec7 \u0111\u00f3, \u0111i\u1ec1u n\u00e0y \u0111\u01b0\u1ee3c coi l\u00e0 ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean.\u00a0<\/p>\n<p>Kh\u00f4ng gi\u1ed1ng nh\u01b0 nh\u1eefng c\u00e1ch th\u1ee9c ph\u00f2ng v\u1ec7 gi\u00e1 th\u00f4ng th\u01b0\u1eddng kh\u00e1c, ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean kh\u00f4ng y\u00eau c\u1ea7u ph\u1ea3i s\u1eed d\u1ee5ng nh\u1eefng c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh ph\u1ee9c t\u1ea1p nh\u01b0 <i>h\u1ee3p \u0111\u1ed3ng k\u00ec h\u1ea1n<\/i> hay <i>ph\u00e1i sinh<\/i>. Tuy v\u1eady, doanh nghi\u1ec7p v\u1eabn c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng c\u00e1c c\u00f4ng c\u1ee5 t\u00e0i ch\u00ednh nh\u01b0 <i>h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai <\/i>\u0111\u1ec3 h\u1ed7 tr\u1ee3 th\u00eam cho chi\u1ebfn l\u01b0\u1ee3c ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean c\u1ee7a m\u00ecnh.<\/p>\n<p>V\u00ed d\u1ee5, m\u1ed9t c\u00f4ng ty h\u00e0ng h\u00f3a c\u00f3 th\u1ec3 chuy\u1ec3n d\u1ecbch ph\u1ea7n l\u1edbn c\u01a1 c\u1ea5u ho\u1ea1t \u0111\u1ed9ng c\u1ee7a h\u1ecd sang \u0111\u1ea5t n\u01b0\u1edbc m\u00e0 h\u1ecd \u0111ang mu\u1ed1n b\u00e1n s\u1ea3n ph\u1ea9m, \u0111\u00e2y l\u00e0 m\u1ed9t c\u00e1ch ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean h\u1ea1n ch\u1ebf <i>r\u1ee7i ro ti\u1ec1n t\u1ec7<\/i>. Sau \u0111\u00f3 h\u1ecd c\u00f3 th\u1ec3 s\u1eed d\u1ee5ng <i>h\u1ee3p \u0111\u1ed3ng t\u01b0\u01a1ng lai<\/i> \u0111\u1ec3 kh\u00f3a l\u1ea1i m\u1ee9c gi\u00e1 b\u00e1n (doanh thu) s\u1ea3n ph\u1ea9m trong t\u01b0\u01a1ng lai.<\/p>\n<p>H\u1ea7u h\u1ebft c\u00e1c c\u00e1ch <i>ph\u00f2ng v\u1ec7 gi\u00e1<\/i> (d\u00f9 t\u1ef1 nhi\u00ean hay kh\u00e1c) \u0111\u1ec1u kh\u00f4ng ho\u00e0n h\u1ea3o v\u00e0 kh\u00f4ng lo\u1ea1i b\u1ecf \u0111\u01b0\u1ee3c to\u00e0n b\u1ed9 r\u1ee7i ro. Tuy v\u1eady, ch\u00fang v\u1eabn \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng v\u00e0 \u0111\u01b0\u1ee3c coi l\u00e0 th\u00e0nh c\u00f4ng n\u1ebfu c\u00f3 th\u1ec3 gi\u1ea3m thi\u1ec3u \u0111\u01b0\u1ee3c ph\u1ea7n l\u1edbn r\u1ee7i ro ti\u1ec1m t\u00e0ng.<\/p>\n<p>(Theo <i>Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"vnbcbc-sapo\" data-role=\"sapo\">\n                            Ph\u00f2ng v\u1ec7 gi\u00e1 t\u1ef1 nhi\u00ean (ti\u1ebfng Anh: Natural hedge) l\u00e0 chi\u1ebfn l\u01b0\u1ee3c qu\u1ea3n tr\u1ecb nh\u1eb1m m\u1ee5c \u0111\u00edch h\u1ea1n ch\u1ebf r\u1ee7i ro b\u1eb1ng c\u00e1ch \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u01b0\u01a1ng quan ngh\u1ecbch bi\u1ebfn v\u1edbi nhau.\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\/30785"}],"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=30785"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30785\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}