Yog tias koj xav nqis peev koj cov nyiaj hauv txoj kev ntse, cov kws paub txog nyiaj txiag tau pom zoo kom tsis txhob muaj cov khoom lag luam loj, loj hlob zoo rau cov npe muaj txiaj ntsig uas tsis nyiam. Lub tswv yim yooj yim: txheeb xyuas cov hauv kev thaum txo qee qhov kev pheej hmoo. Tab sis lub tuam txhab nyiaj txiag Chicago-based Morningstar hais tias muaj txoj hauv kev ntse dua kom tau nyiaj-beta tuaj yeem pab cov tub ua lag luam txheeb xyuas cov peev txheej zoo dua thaum muaj kev lag luam tsis paub tseeb dua li tus nqi lossis kev loj hlob. Cia peb rhuav tshem qhov kev ntsuas no ntsuas qhov tsis muaj zog thiab thaum twg koj tuaj yeem siv nws los nqis peev.
Yog tias koj tab tom nrhiav kev ntse kom tau nyiaj, a tus kws pab tswv yim nyiaj txiag tuaj yeem pab koj txheeb xyuas cov kev nqis peev zoo rau koj cov ntaub ntawv.
Yog vim li cas Morningstar hais tias cov tub ua lag luam yuav tsum tsom mus rau Tshuag Volatility
Thaum txheeb xyuas kev nqis peev, ntau tus tub ua lag luam saib nqis peev (undervalued stocks uas tuaj yeem nce tus nqi ntau tshaj lub sijhawm) thiab cov khoom lag luam loj hlob (cov uas tuaj yeem tshaj tawm cov neeg sib tw los ntawm qhov tseem ceeb ntawm cov paj).
Thaum sib piv tus nqi vs. cov khoom lag luam loj hlob tuaj yeem ua rau muaj kev nkag siab zoo rau koj cov ntaub ntawv, Morningstar hais tias tam sim no, nrog kev lag luam tsis paub tseeb, nws nyuaj rau txiav txim siab seb ib puag ncig tuaj yeem nyiam. tsis muaj nqi lossis kev loj hlob.
Morningstar tsis ntev los no tau tshaj tawm uas txij li thaum nruab nrab Lub rau hli ntuj qis taw tes ntawm lub dais kev ua lag luam (uas feem ntau tshwm sim thaum cov nqi poob los ntawm tsawg kawg 20% los ntawm qhov siab tsis ntev los no), kev loj hlob cov khoom lag luam tau nce 20.3% hauv ob lub hlis thaum cov nqi khoom lag luam nce siab tshaj li ib feem peb ntawm qhov ntawd (7.8%) tib lub sijhawm.
Txawm hais tias lub tuam txhab nyiaj txiag tseem tau hais tias cov ntaub ntawv los ntawm ob qho khoom lag luam qhia tau hais tias lawv tau tawg "zoo li cas," nrog rau qhov sib txawv ntawm tus nqi thiab kev loj hlob nqaim txij li lub khw muag khoom tsis ntev los no thaum Lub Yim Hli 16, thiab cov nqi khoom lag luam dhia "ua ntej ntawm kev loj hlob ntawm 6.8 feem pua. cov ntsiab lus.”
Vim qhov kev sib txawv ntawm tus nqi thiab kev loj hlob, Morningstar tau hais tias cov tub ua lag luam tuaj yeem tau txais txiaj ntsig los ntawm qhov sib txawv ntawm qhov siab- thiab qis-beta cov khoom lag luam kom nrhiav tau txoj hauv kev peev. Thiab tshwj xeeb, nws tau taw qhia tias "high-beta stocks pheej yig."
"Txoj kev lag luam tag nrho yog 15% qis dua tam sim no," said David Sekera, tus thawj coj ntawm Asmeskas kev lag luam rau Morningstar hauv tsab xov xwm. "Yog li nws yog lub sijhawm zoo los hloov mus rau hauv cov khoom lag luam siab-beta, txhawm rau txhawm rau nce siab ntxiv thaum lub lag luam rov qab los."
Nkag siab Yuav Ua Li Cas Beta Ua Haujlwm
Beta yog qhov ntsuas uas ntsuas qhov volatility ntawm ib tug Tshuag. Qhov no feem ntau yog xam los ntawm kev sib piv cov nqi hloov pauv nrog kev txav ntawm kev lag luam dav dav xws li S&P 500 dhau 12 lub hlis.
Cov khw lag luam tag nrho muaj beta ntawm ib qho. Thiab lub beta rau ib tus neeg Tshuag yog xam los ntawm qhov deb npaum li cas nws txav los ntawm qhov ntsuas ntsuas ntawd.
Piv txwv li, yog tias cov Tshuag muaj ib qho beta ntawm ib qho, ces tus neeg ua lag luam tuaj yeem xav tias nws tus nqi txav ze nrog lub lag luam ntawd. Thiab qhov no tuaj yeem txhais tau tias ntxiv rau koj cov ntaub ntawv khaws tseg yuav tsis muaj kev pheej hmoo ntau.
Tus kheej cov khoom lag luam nrog betas ntau dua ib qho tuaj yeem qhia tias muaj kev hloov pauv ntau dua. Tab sis rau cov tub ua lag luam nrog ntau dua qhov uas yuav kam rau ua, qhov no kuj tuaj yeem ua rau muaj peev xwm ua kom muaj zog dua rov qab.
Raws li lwm qhov piv txwv, yog tias koj yuav ib qho khoom lag luam nrog beta ntawm peb, ces nws tuaj yeem yog peb zaug raws li kev lag luam tag nrho. Yog li yog tias S&P 500 nce mus txog 10% hauv ib xyoos, koj tuaj yeem cia siab tias tus nqi ntawm tus kheej yuav nce peb zaug ntau npaum li (30%) thaum lub sijhawm ntawd. Txawm hais tias nws yog ib qho tseem ceeb uas yuav tsum nco ntsoov tias nws tuaj yeem poob los ntawm 30% thaum tag nrho cov khoom lag luam poob qis tsuas yog 10%.
Rau cov khoom lag luam nrog beta nyob rau hauv ib qho, cov tub ua lag luam tuaj yeem txiav txim siab tias nws tsis hloov pauv ntau dua li kev lag luam tag nrho thiab ntxiv rau lawv cov ntaub ntawv khaws cia los tiv thaiv kev pheej hmoo thiab diversify kev nqis peev.
Txawm li cas los xij, koj yuav tsum nco ntsoov tias beta nyob rau hauv ib qho tuaj yeem qhia tau tias tus kheej cov khoom lag luam txav mus rau qhov sib txawv ntawm kev lag luam tag nrho. Thiab qhov no tuaj yeem qhia tau tias cov Tshuag tus nqi nce thaum lub lag luam poob qis lossis pom lwm txoj hauv kev thaum lub lag luam nce.
Thaum kawg, betas ntawm xoom kuj tseem tuaj yeem qhia tau tias ib tus neeg cov khoom lag luam ua nws tus kheej los ntawm kev lag luam tag nrho, yog li hauv qab no beta tsuas yog ib qho ntawm ntau yam uas koj yuav tsum saib thaum txheeb xyuas kev nqis peev.
Yuav ua li cas cov tub lag luam tuaj yeem siv Beta los ua kev nqis peev
Morningstar hais tias cov khoom lag luam siab-beta tuaj yeem pom nyob rau hauv cyclical super sector, uas yog ib pawg ntawm cov khoom lag luam los ntawm kev lag luam uas cuam tshuam los ntawm kev hloov pauv hauv kev lag luam.
Cov khoom lag luam no tuaj yeem hloov pauv raws li qhov sib txawv ntawm lub sijhawm, thiab suav nrog lub zog, cov neeg siv khoom siv hluav taws xob (automative, vaj tse, kev lom zem thiab khw muag khoom), cov ntaub ntawv yooj yim (tsuas yog mining, hlau refining, tshuaj thiab hav zoov khoom) thiab tech.
Lub tuam txhab nyiaj txiag hais tias cov tub ua lag luam tuaj yeem txheeb xyuas cov khoom lag luam nrog qis beta los pab txo qis kev pheej hmoo rau lawv cov ntaub ntawv. Tab sis kuj tseem sau tseg tias "cov tswv yim kev nqis peev qis-beta yuav plam qhov khoom plig thaum lub lag luam ua tau zoo."
Rau cov tub ua lag luam uas muaj kev pheej hmoo siab dua, Morningstar tau hais tias "cov cheeb tsam ntawm kev ua lag luam nrog beta siab tshaj yog kev lag luam ntawm qee tus nqi qis tshaj."
Raws li ib qho piv txwv, lub tuam txhab nyiaj txiag tau hais txog nws US Consumer Cyclical Sector Index, uas nqa "ib qho kev lag luam saum toj kawg nkaus beta ntawm 1.26 txog rau lub Yim Hli kawg, thiab ua tiav lub hli ntawm 87% ntawm nws cov nqi ncaj ncees, lossis 13% luv nqi. ”
Tsis tas li ntawd, Morningstar tau tshaj tawm tias ob qho tib si thev naus laus zis thiab kev pabcuam kev sib txuas lus tau nqa "qee qhov siab tshaj plaws sector-theem betas thaum lub Yim Hli," uas "tseem yog ib qho ntawm cov lag luam tsis muaj nqis tshaj plaws, tam sim no ntawm 89% thiab 65% ntawm lawv Morningstar kws tshuaj ntsuam xyuas. kev kwv yees tus nqi ncaj ncees, feem. "
Thiab rau kev sib piv, lub tuam txhab nyiaj txiag tau hais tias cov khoom siv hluav taws xob tau xaus rau lub Yim Hli raws li qee qhov qis tshaj betas, nrog qhov ntsuas ntsuas ntawm "8.3% siab dua nws cov txiaj ntsig ncaj ncees." Cov tub ua lag luam uas muaj kev pheej hmoo siab tsis tshua muaj siab yuav tsom mus rau cov khoom siv hluav taws xob los tiv thaiv kev lag luam poob qis vim muaj kev ruaj ntseg thiab cov nyiaj tau los siab.
kab hauv qab
Beta tuaj yeem pab cov tub ua lag luam txiav txim siab seb tus nqi ntawm tus kheej cov khoom lag luam tuaj yeem txav mus li cas thaum piv nrog kev lag luam tag nrho. Lub tuam txhab nyiaj txiag Morningstar tau taw qhia tias thaum lub sijhawm tsis paub tseeb ntawm kev lag luam, thaum tus nqi thiab cov khoom lag luam loj hlob tuaj yeem ze dhau, cov khoom lag luam siab thiab qis qis tuaj yeem pab cov tub lag luam txheeb xyuas cov peev txheej tshiab. Txawm li cas los xij, koj yuav tsum nco ntsoov tias qhov kev ntsuas no yog ua raws li kev ua yeeb yam yav dhau los, yog li nws yuav tsis suav rau cov kev hloov pauv tam sim no thiab yav tom ntej cuam tshuam rau tus kheej cov khoom lag luam. Yog li ntawd, nws yog ib qho tseem ceeb los muab qhov kev ntsuas no nrog lwm tus hauv kev tsom xam ua ntej ua ntej txiav txim siab nqis peev.
Kev nqis peev tswv yim rau Beginners
A tus kws pab tswv yim nyiaj txiag tuaj yeem pab qhia koj hauv kev txiav txim siab peev nyiaj ntse rau koj cov ntaub ntawv. SmartAsset lub cuab yeej pub dawb phim koj nrog txog peb tus kws pab tswv yim nyiaj txiag uas ua haujlwm rau koj cheeb tsam, thiab koj tuaj yeem xam phaj koj tus kws pab tswv yim sib tw yam tsis tau them nqi los txiav txim seb qhov twg yog qhov zoo rau koj. Yog tias koj npaj siab nrhiav tus kws pab tswv yim uas tuaj yeem pab koj ua tiav koj cov hom phiaj nyiaj txiag, tau pib tam sim no.
Txoj hauv kev zoo tshaj los tiv thaiv koj tus kheej los ntawm kev pheej hmoo raws li tus neeg ua lag luam yog kev faib koj cov peev txheej. SmartAsset lub tshuab xam zauv pub dawb tuaj yeem pab koj txheeb xyuas txoj hauv kev zoo rau koj cov ntaub ntawv.
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Tus ncej Morningstar Qhia rau cov tub lag luam Qhov kev ntsuas no tseem ceeb tshaj qhov khoom muaj nqis lossis kev loj hlob tshwm sim thawj zaug SmartAsset Blog.
Tau qhov twg los: https://finance.yahoo.com/news/morningstar-tells-investors-metric-more-174538085.html