{"id":31170,"date":"2023-12-07T10:24:00","date_gmt":"2023-12-07T10:24:00","guid":{"rendered":"https:\/\/masterskills.org\/blog\/phan-tich-co-ban-fundamental-analysis-la-gi-uu-diem-va-han-che.html"},"modified":"2023-12-23T07:28:23","modified_gmt":"2023-12-23T00:28:23","slug":"phan-tich-co-ban-fundamental-analysis-la-gi-uu-diem-va-han-che","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/phan-tich-co-ban-fundamental-analysis-la-gi-uu-diem-va-han-che.html","title":{"rendered":"Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n (Fundamental Analysis) l\u00e0 g\u00ec? \u01afu \u0111i\u1ec3m v\u00e0 h\u1ea1n ch\u1ebf"},"content":{"rendered":"
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H\u00ecnh \u1ea3nh minh h\u1ecda. Ngu\u1ed3n: Slideshare<\/p>\n<\/div>\n<\/div>\n

Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n (Fundamental Analysis)<\/font><\/h2>\n

\u0110\u1ecbnh ngh\u0129a<\/b><\/p>\n

Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> trong ti\u1ebfng Anh l\u00e0 Fundamental Analysis<\/b>. Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/i> l\u00e0 vi\u1ec7c ph\u00e2n t\u00edch c\u1ed5 phi\u1ebfu d\u1ef1a v\u00e0o c\u00e1c nh\u00e2n t\u1ed1 c\u00f3 t\u00ednh ch\u1ea5t n\u1ec1n t\u1ea3ng c\u00f3 t\u00e1c \u0111\u1ed9ng ho\u1eb7c d\u1eabn t\u1edbi s\u1ef1 thay \u0111\u1ed5i gi\u00e1 c\u1ea3 c\u1ee7a c\u1ed5 phi\u1ebfu nh\u1eb1m x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a c\u1ed5 phi\u1ebfu tr\u00ean tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Ho\u1eb7c c\u00f3 th\u1ec3 hi\u1ec3u theo c\u00e1ch \u0111\u01a1n gi\u1ea3n<\/p>\n

Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> l\u00e0 ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch \u0111\u1ea7u t\u01b0 c\u1ed1 phi\u1ebfu b\u1eb1ng c\u00e1ch x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u00f3.<\/p>\n

Lu\u1eadn \u0111i\u1ec3m c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/font><\/h3>\n

Lu\u1eadn \u0111i\u1ec3m c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch c\u01a1 b\u1ea3n cho r\u1eb1ng, gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a c\u1ed5 phi\u1ebfu – gi\u00e1 tr\u1ecb \u0111\u01b0\u1ee3c t\u1ea1o ra b\u1edfi ch\u00ednh ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty, l\u00e0 c\u01a1 s\u1edf quy\u1ebft \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty va chi\u1ec1u h\u01b0\u1edbng thay \u0111\u1ed5i gi\u00e1 c\u1ed5 phi\u1ebfu \u0111\u01b0\u1ee3c qui \u0111\u1ecbnh b\u1edfi gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i trong d\u00e0i h\u1ea1n.<\/p>\n

Kim ch\u1ec9 nam c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 theo tr\u01b0\u1eddng ph\u00e1i ph\u00e2n t\u00edch c\u01a1 b\u1ea3n \u0111\u00f3 l\u00e0 \u0111o l\u01b0\u1eddng gi\u00e1 tr\u1ecb th\u1ef1c c\u1ee7a m\u1ed9t c\u00f4ng ty v\u1edbi c\u00e1c ch\u1ec9 ti\u00eau t\u00e0i ch\u00ednh nh\u01b0: t\u0103ng tr\u01b0\u1edfng doanh thu, l\u1ee3i nhu\u1eadn;\u00a0 nh\u1eefng r\u1ee7i ro m\u00e0 c\u00f4ng ty c\u00f3 th\u1ec3 g\u1eb7p ph\u1ea3i; d\u00f2ng ti\u1ec1n…<\/p>\n

\u0110\u1eb7c tr\u01b0ng<\/font><\/h3>\n

Xu\u1ea5t ph\u00e1t t\u1eeb lu\u1eadn \u0111i\u1ec3m tr\u00ean, ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> \u0111i s\u00e2u v\u00e0o \u0111\u00e1nh gi\u00e1 tri\u1ec3n v\u1ecdng t\u0103ng tr\u01b0\u1edfng v\u00e0 l\u1ee3i nhu\u1eadn c\u1ee7a c\u00f4ng ty tr\u00ean c\u01a1 s\u1edf xem x\u00e9t tri\u1ec3n v\u1ecdng c\u1ee7a n\u1ec1n kinh t\u1ebf th\u1ebf gi\u1edbi, kinh t\u1ebf trong n\u01b0\u1edbc, c\u1ee7a c\u00e1c ng\u00e0nh kinh t\u1ebf v\u00e0 c\u1ee7a ch\u00ednh b\u1ea3n th\u00e2n c\u00f4ng ty.<\/p>\n

Nh\u01b0 v\u1eady, v\u1ec1 m\u1eb7t logic, ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> l\u00e0 m\u1ed9t qu\u00e1 tr\u00ecnh ph\u00e2n t\u00edch c\u00e1c v\u1ea5n \u0111\u1ec1 ch\u1ee7 y\u1ebfu, bao g\u1ed3m:<\/p>\n

– Ph\u00e2n t\u00edch kinh t\u1ebf v\u0129 m\u00f4<\/p>\n

– Ph\u00e2n t\u00edch ng\u00e0nh kinh t\u1ebf m\u00e0 c\u00f4ng ty ho\u1ea1t \u0111\u1ed9ng trong \u0111\u00f3 (Ph\u00e2n t\u00edch kinh t\u1ebf ng\u00e0nh)<\/p>\n

– Ph\u00e2n t\u00edch c\u00f4ng ty: bao h\u00e0m ph\u00e2n t\u00edch kinh t\u1ebf v\u00e0 ph\u00e2n t\u00edch t\u00e0i ch\u00ednh, trong \u0111\u00f3 ph\u00e2n t\u00edch t\u00e0i ch\u00ednh l\u00e0 n\u1ed9i dung tr\u1ecdng y\u1ebfu.<\/p>\n

Ph\u00e2n t\u00edch kinh t\u1ebf v\u0129 m\u00f4 v\u00e0 ph\u00e2n t\u00edch ng\u00e0nh kinh t\u1ebf l\u00e0 nh\u1eb1m \u0111\u00e1nh gi\u00e1 m\u00f4i tr\u01b0\u1eddng kinh doanh v\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a m\u00f4i tr\u01b0\u1eddng kinh doanh \u0111\u1ebfn ho\u1ea1t \u0111\u1ed9ng v\u00e0 k\u1ebft qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty, t\u1eeb \u0111\u00f3 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty.<\/p>\n

Nh\u01b0 v\u1eady, v\u1ec1 th\u1ef1c ch\u1ea5t ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/i> bao g\u1ed3m c\u00e1c n\u1ed9i dung ch\u1ee7 y\u1ebfu sau:<\/p>\n

– Nghi\u00ean c\u1ee9u, ph\u00e2n t\u00edch c\u00e1c y\u1ebfu t\u1ed1 t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty th\u00f4ng qua ph\u00e2n t\u00edch kinh t\u1ebf v\u0129 m\u00f4, ng\u00e0nh kinh t\u1ebf v\u00e0 c\u00f4ng ty. Tr\u00ean c\u01a1 s\u1edf \u0111\u00f3 t\u00ecm c\u00e1c nguy\u00ean nh\u00e2n g\u00e2y ra s\u1ef1 bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a c\u00f4ng ty.<\/p>\n

– X\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a c\u1ee7a c\u1ed5 phi\u1ebfu v\u00e0 xem x\u00e9t v\u1edbi gi\u00e1 th\u1ecb tr\u01b0\u1eddng hi\u1ec7n h\u00e0nh \u0111\u1ec3 \u0111\u00e1nh gi\u00e1.<\/p>\n

\u01afu \u0111i\u1ec3m<\/font><\/h3>\n

Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> c\u00f3 nh\u1eefng \u01b0u \u0111i\u1ec3m sau:<\/p>\n

Ph\u01b0\u01a1ng ph\u00e1p n\u00e0y ph\u00f9 h\u1ee3p h\u01a1n cho vi\u1ec7c d\u1ef1 \u0111o\u00e1n gi\u00e1 c\u1ed5 phi\u1ebfu v\u00e0 cho quy\u1ebft \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 trong d\u00e0i h\u1ea1n.<\/p>\n

Gi\u00fap cho nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 l\u1ef1a ch\u1ecdn c\u00f4ng ty t\u1ed1t \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0 nh\u1eadn bi\u1ebft \u0111\u01b0\u1ee3c c\u00e1c y\u1ebfu t\u1ed1 ch\u1ee7 y\u1ebfu t\u00e1c \u0111\u1ed9ng \u0111\u1ebfn gi\u00e1 tr\u1ecb c\u1ee7a c\u00f4ng ty.<\/p>\n

H\u1ea1n ch\u1ebf<\/font><\/h3>\n

B\u00ean c\u1ea1nh nh\u1eefng \u01b0u \u0111i\u1ec3m k\u1ec3 tr\u00ean, ph\u00e2n t\u00edch c\u01a1 b\u1ea3n<\/b> c\u0169ng b\u1ed9c l\u1ed9 nh\u1eefng h\u1ea1n ch\u1ebf ch\u1ee7 y\u1ebfu nh\u01b0 sau:<\/p>\n

S\u1eed d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p n\u00e0y t\u1ed1n nhi\u1ec1u th\u1eddi gian v\u00e0 c\u00f4ng s\u1ee9c do ph\u1ea3i ti\u1ebfp c\u1eadn v\u00e0 x\u1eed l\u00ed m\u1ed9t kh\u1ed1i l\u01b0\u1ee3ng l\u1edbn c\u00e1c th\u00f4ng tin kinh t\u1ebf v\u00e0 t\u00e0i ch\u00ednh.<\/p>\n

M\u1ee9c \u0111\u1ed9 ch\u00ednh x\u00e1c c\u1ee7a k\u1ebft qu\u1ea3 ph\u00e2n t\u00edch b\u1ecb h\u1ea1n ch\u1ebf, b\u1edfi l\u1ebd n\u00f3 ph\u1ee5 thu\u1ed9c v\u00e0o t\u00ednh ch\u00ednh x\u00e1c c\u1ee7a th\u00f4ng tin \u0111\u1eb7c bi\u1ec7t l\u00e0 b\u00e1o c\u00e1o t\u00e0i ch\u00ednh.<\/p>\n

M\u1eb7t kh\u00e1c, trong ph\u00e2n t\u00edch c\u01a1 b\u1ea3n c\u00f3 nhi\u1ec1u bi\u1ebfn s\u1ed1 ph\u1ea3i t\u00ednh \u0111\u1ebfn v\u00e0 gi\u00e1 tr\u1ecb c\u1ee7a c\u00e1c bi\u1ebfn s\u1ed1 n\u00e0y m\u1ed9t ph\u1ea7n mang t\u00ednh ch\u1ee7 quan c\u1ee7a ng\u01b0\u1eddi ph\u00e2n t\u00edch.<\/p>\n

M\u1ed9t h\u1ea1n ch\u1ebf kh\u00f4ng nh\u1ecf c\u1ee7a ph\u00e2n t\u00edch c\u01a1 b\u1ea3n l\u00e0 b\u1ecf qua y\u1ebfu t\u1ed1 t\u00e2m l\u00ed c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng.<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, NXB T\u00e0i ch\u00ednh)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Ph\u00e2n t\u00edch c\u01a1 b\u1ea3n (ti\u1ebfng Anh: Fundamental Analysis) c\u00f3 th\u1ec3 hi\u1ec3u l\u00e0 ph\u01b0\u01a1ng ph\u00e1p ph\u00e2n t\u00edch \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n b\u1eb1ng c\u00e1ch x\u00e1c \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u1ed9i t\u1ea1i c\u1ee7a ch\u1ee9ng kho\u00e1n \u0111\u00f3.\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\/31170"}],"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=31170"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31170\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}