Introduction
beijing ko samajhney ka behtareen tareeqa yeh hai ke usay insurance ki aik shakal samjhain. jab log hadge karne ka faisla karte hain, to woh –apne maalyaat par manfi waqeye ke asraat ke khilaaf khud ko bema kar rahay hotay hain. yeh tamam manfi waqeat ko honay se nahi rokta. taham, agar koi manfi waqea paish aata hai aur aap ko munasib tareeqay se hadge kya jata hai, to event ka assar kam ho jata hai. amli tor par, beijing taqreeban har jagah hoti hai. misaal ke tor par, agar aap ghar ke maalik ka insurance kharedtay hain, to aap –apne aap ko aag lagnay, break inz, ya deegar ghair mutawaqqa afaat se bacha rahay hain. port folyo minijrz, infiradi sarmaya car, aur karporishnz mukhtalif khatraat se un ki numayesh ko kam karne ke liye beijing ki taknik istemaal karte hain. maliyati mandiyon mein, taham, beijing itna aasaan nahi hai jitna ke insurance company ko courage ke liye har saal fees ada karna hai. sarmaya kaari ke khatray ke khilaaf beijing ka matlab hai hikmat e amli ke sath maliyati alaat ya market ki hikmat amlyon ka istemaal karte hue qeematon ki kisi bhi manfi harkat ke khatray ko poora karna. dosray tareeqay se dekhen, sarmaya car aik sarmaya kaari ko dosray mein tijarat karkay hadge karte hain. takneeki tor par, hadge karne ke liye aap ko manfi artbat ke sath sikyortiz mein of setting tijarat karne ki zaroorat hoti hai. bilashuba, aap ko ab bhi is qisam ki insurance ke liye kisi nah kisi shakal mein adaigi karni hogi. misaal ke tor par, agar aap xyz coopration ke lambay hasas hain, to aap apni sarmaya kaari ko barray manfi pehluo se bachanay ke liye aik poat option khareed satke hain. taham, option kharidne ke liye aap ko is ka premium ada karna hoga. khatray mein kami ka matlab hamesha mumkina munafe mein kami hai. lehaza, beijing, ziyada tar hissay ke liye, aik aisi taknik hai jis ka maqsad mumkina nuqsaan ko kam karna hai ( aur mumkina faida ko ziyada se ziyada nahi karna ). agar aap jis sarmaya kaari ke khilaaf hadge kar rahay hain woh paisa kamata hai, to aap ne aam tor par –apne mumkina munafe ko bhi kam kar diya hai. taham, agar sarmaya kaari paisa kho deti hai, aur aap ka hadge kamyaab raha, to aap ne apna nuqsaan kam kar liya hoga. sab se aam mushkat mein se do ikhtiyarat aur mustaqbil hain. Mushtikat ke sath, aap tijarti hikmat e amli tayyar kar satke hain jahan aik sarmaya kaari mein honay walay nuqsaan ko mushtaq mein haasil honay se poora kya jata hai. farz karen ke aap cory' s tequila corporation ( takkar : ctc ) ke hasas ke maalik hain. agarchay aap taweel arsay tak company par yaqeen rakhtay hain, lekin aap sharaab ki sanat mein kuch qaleel mudti nuqsanaat ke baray mein fikar mand hain. –apne aap ko ctc mein kami se bachanay ke liye, aap company par aik poat option khareed satke hain, jo aap ko aik makhsoos qeemat ( jisay strike price bhi kaha jata hai ) par ctc farokht karne ka haq deta hai. is hikmat e amli ko shadi shuda poat ke naam se jana jata hai. agar aap ke stak ki qeemat strike price se neechay girty hai, to un nuqsanaat ko poat option mein haasil honay se poora kya jaye ga. aik aur classic beijing misaal mein aik company shaamil hai jo kisi khaas shai par munhasir hai. farz karen ke cory' s tequila corporation agave ( jo poda sharaab bananay ke liye istemaal hota hai ) ki qeemat mein utaar charhao se pareshan hai .
Disadvantage of hedging
har beijing ki hikmat e amli is ke sath munsalik laagat hai. lehaza, is se pehlay ke aap beijing istemaal karne ka faisla karen, aap ko –apne aap se poochna chahiye ke kya mumkina fawaid akhrajaat ka juwaz paish karte hain. yaad rakhen, beijing ka maqsad paisa kamaana nahi hai. yeh nuqsanaat se bachanay ke liye hai. hadge ki laagat, chahay woh kisi option ki qeemat ho –ya future contract ke ghalat rukh par honay se honay walay munafe se bacha nahi ja sakta. jab ke bema se beijing ka mawazna karna purkashish hai, insurance kahin ziyada durust hai. insurance ke sath, aap ko –apne nuqsaan ki mukammal talaafi ki jati hai ( aam tor par minus aik katoti ). port folyo ko hadge karna aik behtareen science nahi hai. cheeze aasani se ghalat ho sakti hain. agarchay rissk minijrz hamesha kaamil hadge ka hadaf rakhtay hain, lekin amli tor par usay haasil karna bohat mushkil hai .
beijing ko samajhney ka behtareen tareeqa yeh hai ke usay insurance ki aik shakal samjhain. jab log hadge karne ka faisla karte hain, to woh –apne maalyaat par manfi waqeye ke asraat ke khilaaf khud ko bema kar rahay hotay hain. yeh tamam manfi waqeat ko honay se nahi rokta. taham, agar koi manfi waqea paish aata hai aur aap ko munasib tareeqay se hadge kya jata hai, to event ka assar kam ho jata hai. amli tor par, beijing taqreeban har jagah hoti hai. misaal ke tor par, agar aap ghar ke maalik ka insurance kharedtay hain, to aap –apne aap ko aag lagnay, break inz, ya deegar ghair mutawaqqa afaat se bacha rahay hain. port folyo minijrz, infiradi sarmaya car, aur karporishnz mukhtalif khatraat se un ki numayesh ko kam karne ke liye beijing ki taknik istemaal karte hain. maliyati mandiyon mein, taham, beijing itna aasaan nahi hai jitna ke insurance company ko courage ke liye har saal fees ada karna hai. sarmaya kaari ke khatray ke khilaaf beijing ka matlab hai hikmat e amli ke sath maliyati alaat ya market ki hikmat amlyon ka istemaal karte hue qeematon ki kisi bhi manfi harkat ke khatray ko poora karna. dosray tareeqay se dekhen, sarmaya car aik sarmaya kaari ko dosray mein tijarat karkay hadge karte hain. takneeki tor par, hadge karne ke liye aap ko manfi artbat ke sath sikyortiz mein of setting tijarat karne ki zaroorat hoti hai. bilashuba, aap ko ab bhi is qisam ki insurance ke liye kisi nah kisi shakal mein adaigi karni hogi. misaal ke tor par, agar aap xyz coopration ke lambay hasas hain, to aap apni sarmaya kaari ko barray manfi pehluo se bachanay ke liye aik poat option khareed satke hain. taham, option kharidne ke liye aap ko is ka premium ada karna hoga. khatray mein kami ka matlab hamesha mumkina munafe mein kami hai. lehaza, beijing, ziyada tar hissay ke liye, aik aisi taknik hai jis ka maqsad mumkina nuqsaan ko kam karna hai ( aur mumkina faida ko ziyada se ziyada nahi karna ). agar aap jis sarmaya kaari ke khilaaf hadge kar rahay hain woh paisa kamata hai, to aap ne aam tor par –apne mumkina munafe ko bhi kam kar diya hai. taham, agar sarmaya kaari paisa kho deti hai, aur aap ka hadge kamyaab raha, to aap ne apna nuqsaan kam kar liya hoga. sab se aam mushkat mein se do ikhtiyarat aur mustaqbil hain. Mushtikat ke sath, aap tijarti hikmat e amli tayyar kar satke hain jahan aik sarmaya kaari mein honay walay nuqsaan ko mushtaq mein haasil honay se poora kya jata hai. farz karen ke aap cory' s tequila corporation ( takkar : ctc ) ke hasas ke maalik hain. agarchay aap taweel arsay tak company par yaqeen rakhtay hain, lekin aap sharaab ki sanat mein kuch qaleel mudti nuqsanaat ke baray mein fikar mand hain. –apne aap ko ctc mein kami se bachanay ke liye, aap company par aik poat option khareed satke hain, jo aap ko aik makhsoos qeemat ( jisay strike price bhi kaha jata hai ) par ctc farokht karne ka haq deta hai. is hikmat e amli ko shadi shuda poat ke naam se jana jata hai. agar aap ke stak ki qeemat strike price se neechay girty hai, to un nuqsanaat ko poat option mein haasil honay se poora kya jaye ga. aik aur classic beijing misaal mein aik company shaamil hai jo kisi khaas shai par munhasir hai. farz karen ke cory' s tequila corporation agave ( jo poda sharaab bananay ke liye istemaal hota hai ) ki qeemat mein utaar charhao se pareshan hai .
Disadvantage of hedging
har beijing ki hikmat e amli is ke sath munsalik laagat hai. lehaza, is se pehlay ke aap beijing istemaal karne ka faisla karen, aap ko –apne aap se poochna chahiye ke kya mumkina fawaid akhrajaat ka juwaz paish karte hain. yaad rakhen, beijing ka maqsad paisa kamaana nahi hai. yeh nuqsanaat se bachanay ke liye hai. hadge ki laagat, chahay woh kisi option ki qeemat ho –ya future contract ke ghalat rukh par honay se honay walay munafe se bacha nahi ja sakta. jab ke bema se beijing ka mawazna karna purkashish hai, insurance kahin ziyada durust hai. insurance ke sath, aap ko –apne nuqsaan ki mukammal talaafi ki jati hai ( aam tor par minus aik katoti ). port folyo ko hadge karna aik behtareen science nahi hai. cheeze aasani se ghalat ho sakti hain. agarchay rissk minijrz hamesha kaamil hadge ka hadaf rakhtay hain, lekin amli tor par usay haasil karna bohat mushkil hai .
تبصرہ
Расширенный режим Обычный режим