{"id":30849,"date":"2023-12-07T09:57:30","date_gmt":"2023-12-07T09:57:30","guid":{"rendered":"https:\/\/masterskills.org\/blog\/loi-nhuan-tuong-doi-relative-return-la-gi-nhung-dac-diem-can-luu-y.html"},"modified":"2023-12-23T07:23:25","modified_gmt":"2023-12-23T00:23:25","slug":"loi-nhuan-tuong-doi-relative-return-la-gi-nhung-dac-diem-can-luu-y","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/loi-nhuan-tuong-doi-relative-return-la-gi-nhung-dac-diem-can-luu-y.html","title":{"rendered":"L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i (Relative Return) l\u00e0 g\u00ec? Nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m c\u1ea7n l\u01b0u \u00fd"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: Courses.rwoa.io<\/p>\n<\/figcaption><\/figure>\n

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/font><\/h2>\n

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

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/b>, ti\u1ebfng Anh g\u1ecdi l\u00e0 relative return<\/b>.<\/p>\n

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/b> l\u00e0 l\u1ee3i nhu\u1eadn c\u00f3 \u0111\u01b0\u1ee3c t\u1eeb m\u1ed9t t\u00e0i s\u1ea3n trong m\u1ed9t kho\u1ea3ng th\u1eddi gian nh\u1ea5t \u0111\u1ecbnh khi so s\u00e1nh v\u1edbi m\u1ed9t ch\u1ec9 s\u1ed1 ti\u00eau chu\u1ea9n.<\/p>\n

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i l\u00e0 ph\u1ea7n ch\u00eanh l\u1ec7ch gi\u1eefa l\u1ee3i nhu\u1eadn c\u1ee7a t\u00e0i s\u1ea3n v\u00e0 l\u1ee3i nhu\u1eadn c\u1ee7a ch\u1ec9 s\u1ed1 ti\u00eau chu\u1ea9n.<\/p>\n

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i c\u00f2n \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn v\u1edbi t\u00ean g\u1ecdi l\u00e0 h\u1ec7 s\u1ed1 alpha <\/i>trong qu\u1ea3n l\u00ed danh m\u1ee5c \u0111\u1ea7u t\u01b0 ch\u1ee7 \u0111\u1ed9ng.<\/p>\n

Ng\u01b0\u1ee3c l\u1ea1i v\u1edbi l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i l\u00e0\u00a0<\/i>l\u1ee3i nhu\u1eadn tuy\u1ec7t \u0111\u1ed1i\u00a0<\/i>– l\u00e0 kho\u1ea3n l\u1ee3i nhu\u1eadn \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1 m\u00e0 kh\u00f4ng c\u1ea7n ph\u1ea3i so s\u00e1nh v\u1edbi b\u1ea5t k\u00ec th\u1ee9 g\u00ec.<\/p>\n

Hi\u1ec3u r\u00f5 h\u01a1n v\u1ec1 l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/font><\/h3>\n

L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i <\/b>\u0111\u00f3ng\u00a0vai tr\u00f2 quan tr\u1ecdng v\u00ec n\u00f3 l\u00e0 th\u01b0\u1edbc \u0111o cho s\u1ef1 hi\u1ec7u qu\u1ea3 c\u1ee7a c\u00e1c qu\u0129 qu\u1ea3n l\u00ed ch\u1ee7 \u0111\u1ed9ng – l\u00e0 nh\u1eefng qu\u0129 m\u00e0 l\u1ee3i nhu\u1eadn \u0111\u1ea1t \u0111\u01b0\u1ee3c ph\u1ea3i cao h\u01a1n so v\u1edbi th\u1ecb tr\u01b0\u1eddng chung.<\/p>\n

\u0110\u1eb7c bi\u1ec7t, l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i c\u00f2n l\u00e0 bi\u1ec7n ph\u00e1p \u0111\u00e1nh gi\u00e1 hi\u1ec7u su\u1ea5t c\u1ee7a m\u1ed9t ng\u01b0\u1eddi qu\u1ea3n l\u00ed qu\u0129. V\u00ec nh\u00e0 \u0111\u1ea7u t\u01b0 lu\u00f4n c\u00f3 th\u1ec3 ch\u1ecdn mua m\u1ed9t qu\u0129 ch\u1ec9 s\u1ed1 v\u1edbi h\u1ec7 s\u1ed1 chi ph\u00ed qu\u1ea3n l\u00ed th\u1ea5p h\u01a1n v\u00e0 \u0111\u1ea3m b\u1ea3o \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng t\u1ef1 nh\u01b0 th\u1ecb tr\u01b0\u1eddng chung.<\/p>\n

T\u01b0\u01a1ng t\u1ef1 nh\u01b0 h\u1ec7 s\u1ed1 alpha, l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i c\u0169ng l\u00e0 ph\u1ea7n ch\u00eanh l\u1ec7ch gi\u1eefa l\u1ee3i nhu\u1eadn c\u1ee7a kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0 l\u1ee3i nhu\u1eadn c\u1ee7a ch\u1ec9 s\u1ed1 ti\u00eau chu\u1ea9n. C\u00f3 m\u1ed9t s\u1ed1 y\u1ebfu t\u1ed1 m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean c\u00e2n nh\u1eafc khi s\u1eed d\u1ee5ng l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i.<\/p>\n

Nhi\u1ec1u nh\u00e0 qu\u1ea3n l\u00ed qu\u0129 khi s\u1eed d\u1ee5ng l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i \u0111\u1ec3 \u0111o hi\u1ec7u qu\u1ea3 c\u1ee7a m\u00ecnh th\u01b0\u1eddng d\u1ef1a tr\u00ean xu h\u01b0\u1edbng \u0111\u00e3 c\u00f3 c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u0111\u1ec3 \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee9c l\u1ee3i nhu\u1eadn \u0111\u00f3. H\u1ecd th\u1ef1c hi\u1ec7n ph\u00e2n t\u00edch kinh t\u1ebf chung v\u00e0 chi ti\u1ebft tr\u00ean nh\u1eefng c\u00f4ng ty nh\u1ea5t \u0111\u1ecbnh \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh xu h\u01b0\u1edbng c\u1ee7a m\u1ed9t c\u1ed5 phi\u1ebfu ho\u1eb7c h\u00e0ng h\u00f3a trong khung th\u1eddi gian k\u00e9o d\u00e0i m\u1ed9t n\u0103m ho\u1eb7c nhi\u1ec1u h\u01a1n.<\/p>\n

V\u00ed d\u1ee5 v\u1ec1 l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/font><\/h3>\n

C\u00f3 m\u1ed9t c\u00e1ch \u0111\u1ec3 xem x\u00e9t l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i<\/b> v\u00e0 l\u1ee3i nhu\u1eadn tuy\u1ec7t \u0111\u1ed1i<\/i> l\u00e0 d\u1ef1a tr\u00ean chu k\u00ec c\u1ee7a th\u1ecb tr\u01b0\u1eddng, nh\u01b0 l\u00e0 chu k\u00ec t\u0103ng hay chu k\u00ec gi\u1ea3m. Khi th\u1ecb tr\u01b0\u1eddng \u0111ang t\u0103ng th\u00ec 2% c\u00f3 th\u1ec3 l\u00e0 m\u1ed9t l\u1ee3i nhu\u1eadn t\u1ec7 h\u1ea1i. Nh\u01b0ng n\u1ebfu trong th\u1ecb tr\u01b0\u1eddng \u0111ang gi\u1ea3m, khi m\u00e0 \u0111a s\u1ed1 nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u1ec1u b\u1ecb thua l\u1ed7 g\u1ea7n 20% th\u00ec vi\u1ec7c b\u1ea3o to\u00e0n \u0111\u01b0\u1ee3c v\u1ed1n \u0111\u00e3 l\u00e0 m\u1ed9t th\u00e0nh t\u00edch \u0111\u00e1ng n\u1ec3.\u00a0<\/p>\n

Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, 2% kh\u00f4ng h\u1ec1 t\u1ec7. Gi\u00e1 tr\u1ecb c\u1ee7a l\u1ee3i nhu\u1eadn s\u1ebd thay \u0111\u1ed5i t\u00f9y v\u00e0o b\u1ed1i c\u1ea3nh.<\/p>\n

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

\n L\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u0111\u1ed1i (ti\u1ebfng Anh: Relative return) l\u00e0 l\u1ee3i nhu\u1eadn c\u00f3 \u0111\u01b0\u1ee3c t\u1eeb m\u1ed9t t\u00e0i s\u1ea3n trong m\u1ed9t kho\u1ea3ng th\u1eddi gian nh\u1ea5t \u0111\u1ecbnh khi so s\u00e1nh v\u1edbi m\u1ed9t ch\u1ec9 s\u1ed1 ti\u00eau chu\u1ea9n.\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\/30849"}],"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=30849"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/30849\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=30849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=30849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=30849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}