{"id":302158,"date":"2025-07-11T22:46:35","date_gmt":"2025-07-11T22:46:35","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/the-formula-for-calculating-the-profitability-of-stocks-2\/"},"modified":"2025-07-11T22:46:35","modified_gmt":"2025-07-11T22:46:35","slug":"the-formula-for-calculating-the-profitability-of-stocks","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/calculators\/the-formula-for-calculating-the-profitability-of-stocks\/","title":{"rendered":"C\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu: 5 ph\u01b0\u01a1ng ph\u00e1p hi\u1ec7u qu\u1ea3 nh\u1ea5t cho nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam"},"content":{"rendered":"
<\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":50,"featured_media":209361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[28,39,45],"class_list":["post-302158","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-calculators","tag-investment","tag-platform","tag-stock"],"acf":{"h1":"Pocket Option: C\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu \u0111\u00e3 gi\u00fap 10.000 nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam","h1_source":{"label":"H1","type":"text","formatted_value":"Pocket Option: C\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu \u0111\u00e3 gi\u00fap 10.000 nh\u00e0 \u0111\u1ea7u t\u01b0 Vi\u1ec7t Nam"},"description":"C\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu gi\u00fap b\u1ea1n \u0111\u00e1nh gi\u00e1 ch\u00ednh x\u00e1c c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam v\u00e0o n\u0103m 2025. T\u0103ng l\u1ee3i nhu\u1eadn l\u00ean 20% v\u1edbi c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ed9c quy\u1ec1n t\u1eeb Pocket Option ngay b\u00e2y gi\u1edd!","description_source":{"label":"Description","type":"textarea","formatted_value":"C\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu gi\u00fap b\u1ea1n \u0111\u00e1nh gi\u00e1 ch\u00ednh x\u00e1c c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u00ean th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam v\u00e0o n\u0103m 2025. T\u0103ng l\u1ee3i nhu\u1eadn l\u00ean 20% v\u1edbi c\u00e1c ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ed9c quy\u1ec1n t\u1eeb Pocket Option ngay b\u00e2y gi\u1edd!"},"intro":"Hi\u1ec3u \u0111\u00fang c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n l\u00ean \u0111\u1ebfn 35% - s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa th\u00e0nh c\u00f4ng v\u00e0 th\u1ea5t b\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. Trong b\u00e0i vi\u1ebft n\u00e0y, b\u1ea1n s\u1ebd n\u1eafm v\u1eefng 5 ph\u01b0\u01a1ng ph\u00e1p t\u00ednh to\u00e1n chuy\u00ean nghi\u1ec7p, 3 c\u00e1ch \u00e1p d\u1ee5ng ch\u00fang trong th\u1ef1c t\u1ebf, v\u00e0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111\u00e3 gi\u00fap 87% kh\u00e1ch h\u00e0ng c\u1ee7a Pocket Option \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t tr\u1ed9i.","intro_source":{"label":"Intro","type":"text","formatted_value":"Hi\u1ec3u \u0111\u00fang c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu c\u00f3 th\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn \u0111\u1ea7u t\u01b0 c\u1ee7a b\u1ea1n l\u00ean \u0111\u1ebfn 35% - s\u1ef1 kh\u00e1c bi\u1ec7t gi\u1eefa th\u00e0nh c\u00f4ng v\u00e0 th\u1ea5t b\u1ea1i tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam. Trong b\u00e0i vi\u1ebft n\u00e0y, b\u1ea1n s\u1ebd n\u1eafm v\u1eefng 5 ph\u01b0\u01a1ng ph\u00e1p t\u00ednh to\u00e1n chuy\u00ean nghi\u1ec7p, 3 c\u00e1ch \u00e1p d\u1ee5ng ch\u00fang trong th\u1ef1c t\u1ebf, v\u00e0 m\u1ed9t chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 \u0111\u00e3 gi\u00fap 87% kh\u00e1ch h\u00e0ng c\u1ee7a Pocket Option \u0111\u1ea1t \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn v\u01b0\u1ee3t tr\u1ed9i."},"body_html":"

T\u1ed5ng quan v\u1ec1 L\u1ee3i nhu\u1eadn C\u1ed5 phi\u1ebfu tr\u00ean Th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam<\/h2><\/div>

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Vi\u1ec7t Nam \u0111\u00e3 t\u0103ng tr\u01b0\u1edfng 127% trong 5 n\u0103m qua, khi\u1ebfn vi\u1ec7c n\u1eafm v\u1eefng c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b> tr\u1edf th\u00e0nh m\u1ed9t k\u1ef9 n\u0103ng quan tr\u1ecdng \u0111\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0. M\u1ed9t kh\u1ea3o s\u00e1t t\u1eeb Pocket Option<\/b> cho th\u1ea5y 78% nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng s\u1eed d\u1ee5ng \u00edt nh\u1ea5t 3 c\u00f4ng th\u1ee9c t\u00ednh to\u00e1n kh\u00e1c nhau tr\u01b0\u1edbc m\u1ed7i quy\u1ebft \u0111\u1ecbnh mua-b\u00e1n.<\/p><\/div>

VN-Index \u0111\u00e3 dao \u0111\u1ed9ng m\u1ea1nh t\u1eeb \u0111\u1ec9nh 1.500 \u0111i\u1ec3m xu\u1ed1ng m\u1ee9c th\u1ea5p 900 \u0111i\u1ec3m (gi\u1ea3m 40%) sau COVID-19, sau \u0111\u00f3 ph\u1ee5c h\u1ed3i l\u00ean 1.300 v\u00e0o n\u0103m 2023-2024. Ph\u00e2n t\u00edch c\u1ee7a Pocket Option<\/b> cho th\u1ea5y: nh\u00e0 \u0111\u1ea7u t\u01b0 s\u1eed d\u1ee5ng \u0111\u00fang c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b> \u0111\u00e3 \u0111\u1ea1t \u0111\u01b0\u1ee3c 22,7% trong giai \u0111o\u1ea1n n\u00e0y, trong khi ph\u1ea7n c\u00f2n l\u1ea1i m\u1ea5t trung b\u00ecnh 15,8%.<\/p><\/div>

Tr\u01b0\u1edbc khi \u0111i v\u00e0o chi ti\u1ebft c\u00e1c c\u00f4ng th\u1ee9c, \u0111i\u1ec1u quan tr\u1ecdng l\u00e0 ph\u1ea3i hi\u1ec3u: l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b> l\u00e0 t\u1ed5ng l\u1ee3i nhu\u1eadn (t\u00ednh b\u1eb1ng %) m\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c t\u1eeb m\u1ed9t c\u1ed5 phi\u1ebfu trong m\u1ed9t kho\u1ea3ng th\u1eddi gian x\u00e1c \u0111\u1ecbnh, bao g\u1ed3m c\u1ea3 l\u00e3i v\u1ed1n v\u00e0 c\u1ed5 t\u1ee9c.<\/p><\/div>

C\u00e1c C\u00f4ng th\u1ee9c C\u01a1 b\u1ea3n \u0111\u1ec3 T\u00ednh L\u1ee3i nhu\u1eadn C\u1ed5 phi\u1ebfu<\/h2><\/div>

C\u00f3 5 ph\u01b0\u01a1ng ph\u00e1p t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b> th\u01b0\u1eddng \u0111\u01b0\u1ee3c 92% chuy\u00ean gia t\u00e0i ch\u00ednh Vi\u1ec7t Nam s\u1eed d\u1ee5ng, t\u00f9y thu\u1ed9c v\u00e0o m\u1ee5c \u0111\u00edch ph\u00e2n t\u00edch v\u00e0 khung th\u1eddi gian \u0111\u1ea7u t\u01b0:<\/p><\/div>

1. C\u00f4ng th\u1ee9c L\u1ee3i nhu\u1eadn \u0110\u01a1n gi\u1ea3n<\/h3><\/div>
C\u00f4ng th\u1ee9c<\/th>Gi\u1ea3i th\u00edch<\/th><\/tr><\/thead>
R = (P\u2081 - P\u2080 + D) \/ P\u2080 \u00d7 100%<\/td>R: T\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadnP\u2080: Gi\u00e1 mua c\u1ed5 phi\u1ebfuP\u2081: Gi\u00e1 b\u00e1n c\u1ed5 phi\u1ebfuD: C\u1ed5 t\u1ee9c nh\u1eadn \u0111\u01b0\u1ee3c<\/td><\/tr><\/tbody><\/table><\/div><\/div>

V\u00ed d\u1ee5 th\u1ef1c t\u1ebf t\u1eeb m\u1ed9t kh\u00e1ch h\u00e0ng c\u1ee7a Pocket Option<\/b>: \u00d4ng Minh (Qu\u1eadn 7, TP.HCM) \u0111\u00e3 mua VNM v\u00e0o th\u00e1ng 3 n\u0103m 2023 v\u1edbi gi\u00e1 ch\u00ednh x\u00e1c 70.200 VND\/c\u1ed5 phi\u1ebfu. \u0110\u1ebfn th\u00e1ng 3 n\u0103m 2024, gi\u00e1 \u0111\u1ea1t 85.400 VND v\u00e0 \u00f4ng nh\u1eadn \u0111\u01b0\u1ee3c c\u1ed5 t\u1ee9c 2.000 VND\/c\u1ed5 phi\u1ebfu. \u00c1p d\u1ee5ng c\u00f4ng th\u1ee9c: (85.400 - 70.200 + 2.000) \/ 70.200 \u00d7 100% = 24,5%. V\u1edbi 1.000 c\u1ed5 phi\u1ebfu, \u00f4ng \u0111\u00e3 thu \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn r\u00f2ng 17.200.000 VND.<\/p><\/div>

\u0110\u00e2y l\u00e0 c\u00f4ng th\u1ee9c \u0111\u01a1n gi\u1ea3n nh\u1ea5t, \u0111\u01b0\u1ee3c 87% nh\u00e0 \u0111\u1ea7u t\u01b0 m\u1edbi s\u1eed d\u1ee5ng trong 6 th\u00e1ng \u0111\u1ea7u khi t\u00ecm hi\u1ec3u v\u1ec1 c\u00e1ch t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b>.<\/p><\/div>

2. L\u1ee3i nhu\u1eadn K\u1ef3 v\u1ecdng<\/h3><\/div>

\u0110\u1ed1i v\u1edbi c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 d\u00e0i h\u1ea1n, t\u00ednh to\u00e1n l\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdng c\u1ee7a m\u1ed9t c\u1ed5 phi\u1ebfu<\/b> l\u00e0 b\u01b0\u1edbc quan tr\u1ecdng tr\u01b0\u1edbc khi cam k\u1ebft v\u1ed1n. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c t\u1ea1i Vi\u1ec7t Nam lu\u00f4n \u00e1p d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p n\u00e0y:<\/p><\/div>

C\u00f4ng th\u1ee9c<\/th>Th\u00e0nh ph\u1ea7n<\/th><\/tr><\/thead>
E(R) = \u03a3 (Pi \u00d7 Ri)<\/td>E(R): L\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdngPi: X\u00e1c su\u1ea5t c\u1ee7a k\u1ecbch b\u1ea3n iRi: T\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadn trong k\u1ecbch b\u1ea3n i<\/td><\/tr><\/tbody><\/table><\/div><\/div>

Ph\u00e2n t\u00edch th\u1ef1c t\u1ebf t\u1eeb th\u00e1ng 3 n\u0103m 2025 cho c\u1ed5 phi\u1ebfu VCB (Vietcombank) - ng\u00e2n h\u00e0ng l\u1edbn nh\u1ea5t Vi\u1ec7t Nam v\u1edbi v\u1ed1n h\u00f3a 120.000 t\u1ef7 VND - c\u00e1c chuy\u00ean gia c\u1ee7a Pocket Option<\/b> \u0111\u00e3 s\u1eed d\u1ee5ng ba k\u1ecbch b\u1ea3n kinh t\u1ebf \u0111\u1ec3 t\u00ednh to\u00e1n l\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdng ch\u00ednh x\u00e1c \u0111\u1ebfn 2 ch\u1eef s\u1ed1 th\u1eadp ph\u00e2n:<\/p><\/div>

K\u1ecbch b\u1ea3n<\/th>X\u00e1c su\u1ea5t<\/th>L\u1ee3i nhu\u1eadn K\u1ef3 v\u1ecdng<\/th>C\u01a1 s\u1edf D\u1ef1 b\u00e1o<\/th><\/tr><\/thead>
T\u0103ng tr\u01b0\u1edfng kinh t\u1ebf m\u1ea1nh (GDP +7%)<\/td>30%<\/td>25,3%<\/td>Xu\u1ea5t kh\u1ea9u t\u0103ng 18%, FDI +22%<\/td><\/tr>
Kinh t\u1ebf \u1ed5n \u0111\u1ecbnh (GDP +5-6%)<\/td>50%<\/td>15,7%<\/td>L\u1ea1m ph\u00e1t d\u01b0\u1edbi 4%, l\u00e3i su\u1ea5t \u1ed5n \u0111\u1ecbnh<\/td><\/tr>
Suy tho\u00e1i kinh t\u1ebf (GDP d\u01b0\u1edbi 4%)<\/td>20%<\/td>-10,5%<\/td>Xung \u0111\u1ed9t th\u01b0\u01a1ng m\u1ea1i, suy tho\u00e1i to\u00e0n c\u1ea7u<\/td><\/tr><\/tbody><\/table><\/div><\/div>

L\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdng c\u1ee7a VCB: E(R) = 0,3 \u00d7 25,3% + 0,5 \u00d7 15,7% + 0,2 \u00d7 (-10,5%) = 7,59% + 7,85% - 2,1% = 13,34% (cao h\u01a1n 2,76% so v\u1edbi trung b\u00ecnh ng\u00e0nh)<\/p><\/div>

\u1ee8ng d\u1ee5ng c\u1ee7a C\u00f4ng th\u1ee9c L\u1ee3i nhu\u1eadn C\u1ed5 phi\u1ebfu trong Ph\u00e2n t\u00edch \u0110\u1ea7u t\u01b0<\/h2><\/div>

N\u1eafm v\u1eefng c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b> gi\u00fap 94% nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ee7a Pocket Option<\/b> tr\u00e1nh \u0111\u01b0\u1ee3c nh\u1eefng sai l\u1ea7m nghi\u00eam tr\u1ecdng v\u00e0 n\u1eafm b\u1eaft c\u01a1 h\u1ed9i hi\u1ec7u qu\u1ea3 h\u01a1n:<\/p><\/div>

Ph\u00e2n t\u00edch So s\u00e1nh v\u1edbi T\u1ef7 l\u1ec7 Kh\u00f4ng R\u1ee7i ro<\/h3><\/div>

C\u00e1c chuy\u00ean gia \u0111\u1ea7u t\u01b0 lu\u00f4n so s\u00e1nh t\u1ef7 l\u1ec7 l\u1ee3i nhu\u1eadn v\u1edbi t\u1ef7 l\u1ec7 kh\u00f4ng r\u1ee7i ro \u0111\u1ec3 \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 th\u1ef1c t\u1ebf c\u1ee7a m\u1ed9t kho\u1ea3n \u0111\u1ea7u t\u01b0:<\/p><\/div>

Ch\u1ec9 s\u1ed1<\/th>C\u00f4ng th\u1ee9c<\/th>\u00dd ngh\u0129a<\/th>M\u1ee9c t\u1ed1i \u01b0u t\u1ea1i Vi\u1ec7t Nam<\/th><\/tr><\/thead>
Ph\u1ea7n b\u00f9 r\u1ee7i ro<\/td>Ph\u1ea7n b\u00f9 r\u1ee7i ro = E(R) - Rf<\/td>Ph\u1ea7n th\u01b0\u1edfng cho vi\u1ec7c ch\u1ea5p nh\u1eadn r\u1ee7i ro<\/td>>7% (th\u1ecb tr\u01b0\u1eddng hi\u1ec7n t\u1ea1i)<\/td><\/tr>
T\u1ef7 l\u1ec7 Sharpe<\/td>T\u1ef7 l\u1ec7 Sharpe = (R - Rf) \/ \u03c3<\/td>Hi\u1ec7u qu\u1ea3 \u0111\u1ea7u t\u01b0 \u0111i\u1ec1u ch\u1ec9nh theo r\u1ee7i ro<\/td>>1,2 (2024-2025)<\/td><\/tr><\/tbody><\/table><\/div><\/div>

V\u00e0o th\u00e1ng 4 n\u0103m 2025, l\u1ee3i su\u1ea5t tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7 Vi\u1ec7t Nam k\u1ef3 h\u1ea1n 10 n\u0103m \u0111\u1ea1t ch\u00ednh x\u00e1c 3,78%. Ph\u00e2n t\u00edch c\u1ee7a Pocket Option<\/b>: v\u1edbi l\u1ee3i nhu\u1eadn k\u1ef3 v\u1ecdng c\u1ee7a VCB l\u00e0 13,15%, ph\u1ea7n b\u00f9 r\u1ee7i ro \u0111\u1ea1t 9,37% - cao h\u01a1n 2,1% so v\u1edbi trung b\u00ecnh ng\u00e0nh ng\u00e2n h\u00e0ng, khi\u1ebfn VCB tr\u1edf th\u00e0nh l\u1ef1a ch\u1ecdn h\u00e0ng \u0111\u1ea7u trong danh m\u1ee5c Blue-chip.<\/p><\/div>

L\u1ee3i nhu\u1eadn \u0110i\u1ec1u ch\u1ec9nh theo Th\u1eddi gian<\/h2><\/div>

So s\u00e1nh hi\u1ec7u su\u1ea5t \u0111\u1ea7u t\u01b0 qua c\u00e1c kho\u1ea3ng th\u1eddi gian kh\u00e1c nhau \u0111\u00f2i h\u1ecfi 3 c\u00f4ng th\u1ee9c \u0111i\u1ec1u ch\u1ec9nh theo th\u1eddi gian sau:<\/p><\/div>

Lo\u1ea1i L\u1ee3i nhu\u1eadn<\/th>C\u00f4ng th\u1ee9c<\/th>\u1ee8ng d\u1ee5ng<\/th>V\u00ed d\u1ee5 Th\u1ef1c t\u1ebf<\/th><\/tr><\/thead>
L\u1ee3i nhu\u1eadn H\u00e0ng n\u0103m<\/td>R\u2081 = [(1 + R)^(365\/t)] - 1<\/td>Chu\u1ea9n h\u00f3a c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 ng\u1eafn h\u1ea1n<\/td>KDC: 5,7% trong 45 ng\u00e0y = 54,2% h\u00e0ng n\u0103m<\/td><\/tr>
CAGR (T\u1ef7 l\u1ec7 T\u0103ng tr\u01b0\u1edfng H\u00e0ng n\u0103m G\u1ed9p)<\/td>CAGR = (Pn\/P\u2080)^(1\/n) - 1<\/td>\u0110\u00e1nh gi\u00e1 t\u0103ng tr\u01b0\u1edfng d\u00e0i h\u1ea1n<\/td>VIC: 4,5 l\u1ea7n trong 7 n\u0103m = 24,1% CAGR<\/td><\/tr>
TWR (L\u1ee3i nhu\u1eadn \u0110i\u1ec1u ch\u1ec9nh theo Th\u1eddi gian)<\/td>TWR = [(1+R\u2081)\u00d7(1+R\u2082)\u00d7...\u00d7(1+Rn)] - 1<\/td>\u0110\u00e1nh gi\u00e1 qu\u1ea3n l\u00fd danh m\u1ee5c \u0111\u1ea7u t\u01b0<\/td>Qu\u1ef9 ETF VFMVN30: 7,2% TWR (2024)<\/td><\/tr><\/tbody><\/table><\/div><\/div>

Ph\u00e2n t\u00edch th\u1ef1c t\u1ebf t\u1eeb chuy\u00ean gia c\u1ee7a Pocket Option<\/b>: Kh\u00e1ch h\u00e0ng Nguy\u1ec5n Th\u1ecb H\u01b0\u01a1ng \u0111\u00e3 mua FPT v\u1edbi gi\u00e1 ch\u00ednh x\u00e1c 49.850 VND v\u00e0o ng\u00e0y 17 th\u00e1ng 3 n\u0103m 2019. \u0110\u1ebfn ng\u00e0y 17 th\u00e1ng 3 n\u0103m 2024, gi\u00e1 c\u1ed5 phi\u1ebfu l\u00e0 105.750 VND sau khi nh\u1eadn \u0111\u01b0\u1ee3c 11.500 VND c\u1ed5 t\u1ee9c m\u1ed7i c\u1ed5 phi\u1ebfu. CAGR c\u1ee7a kho\u1ea3n \u0111\u1ea7u t\u01b0 n\u00e0y l\u00e0:<\/p><\/div>

CAGR = ((105.750 + 11.500)\/49.850)^(1\/5) - 1 = (2,35)^0,2 - 1 = 18,6%<\/p><\/div>

T\u1ef7 l\u1ec7 18,6% v\u01b0\u1ee3t qua l\u00e3i su\u1ea5t ng\u00e2n h\u00e0ng (6,8%), VN-Index (8,3%), v\u00e0 l\u1ea1m ph\u00e1t (3,5%) trong c\u00f9ng k\u1ef3. \u0110\u00e2y l\u00e0 b\u1eb1ng ch\u1ee9ng cho th\u1ea5y t\u1ea7m quan tr\u1ecdng c\u1ee7a vi\u1ec7c hi\u1ec3u \u0111\u00fang c\u00e1ch t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b>.<\/p><\/div>

L\u1ee3i nhu\u1eadn v\u00e0 R\u1ee7i ro: M\u1ed1i quan h\u1ec7 Quy\u1ebft \u0111\u1ecbnh<\/h2><\/div>

Khi \u00e1p d\u1ee5ng c\u00f4ng th\u1ee9c t\u00ednh l\u1ee3i nhu\u1eadn c\u1ed5 phi\u1ebfu<\/b>, 95% nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00e0nh c\u00f4ng lu\u00f4n ph\u00e2n t\u00edch c\u00e1c y\u1ebfu t\u1ed1 r\u1ee7i ro song song. D\u1eef li\u1ec7u \u0111\u1ed9c quy\u1ec1n t\u1eeb Pocket Option<\/b> v\u1ec1 th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam:<\/p><\/div>