{"id":326118,"date":"2025-07-31T23:26:36","date_gmt":"2025-07-31T23:26:36","guid":{"rendered":"https:\/\/pocketoption.com\/blog\/news-events\/data\/taurus-stocks-dividends-2\/"},"modified":"2025-07-31T23:26:36","modified_gmt":"2025-07-31T23:26:36","slug":"taurus-stocks-dividends","status":"publish","type":"post","link":"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/taurus-stocks-dividends\/","title":{"rendered":"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus: Chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3 \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a thu nh\u1eadp tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil"},"content":{"rendered":"<div id=\"root\"><div id=\"wrap-img-root\"><\/div><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":45,"featured_media":192009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20],"tags":[28,45,44],"class_list":["post-326118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading","tag-investment","tag-stock","tag-strategy"],"acf":{"h1":"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus c\u1ee7a Pocket Option","h1_source":{"label":"H1","type":"text","formatted_value":"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus c\u1ee7a Pocket Option"},"description":"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus - Ph\u00e2n t\u00edch ho\u00e0n ch\u1ec9nh v\u00e0 5 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ed9c quy\u1ec1n \u0111\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn ngay l\u1eadp t\u1ee9c c\u1ee7a b\u1ea1n th\u00f4ng qua c\u1ed5 t\u1ee9c tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil v\u1edbi Pocket Option","description_source":{"label":"Description","type":"textarea","formatted_value":"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus - Ph\u00e2n t\u00edch ho\u00e0n ch\u1ec9nh v\u00e0 5 chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ed9c quy\u1ec1n \u0111\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn ngay l\u1eadp t\u1ee9c c\u1ee7a b\u1ea1n th\u00f4ng qua c\u1ed5 t\u1ee9c tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil v\u1edbi Pocket Option"},"intro":"\u0110\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u00e0o n\u0103m 2024 c\u00f3 th\u1ec3 t\u1ea1o ra l\u1ee3i nhu\u1eadn l\u00ean \u0111\u1ebfn 3,5% m\u1ed7i n\u0103m cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil \u0111ang t\u00ecm ki\u1ebfm d\u00f2ng ti\u1ec1n d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c. Ph\u00e2n t\u00edch n\u00e0y ti\u1ebft l\u1ed9 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3 v\u00e0 \u00edt \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn \u0111\u1ec3 x\u00e2y d\u1ef1ng m\u1ed9t danh m\u1ee5c c\u1ed5 t\u1ee9c v\u1eefng ch\u1eafc, t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu Taurus \u0111\u00e3 ph\u00e2n ph\u1ed1i R$0,38 m\u1ed7i c\u1ed5 phi\u1ebfu trong chu k\u1ef3 thanh to\u00e1n cu\u1ed1i c\u00f9ng.","intro_source":{"label":"Intro","type":"text","formatted_value":"\u0110\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u00e0o n\u0103m 2024 c\u00f3 th\u1ec3 t\u1ea1o ra l\u1ee3i nhu\u1eadn l\u00ean \u0111\u1ebfn 3,5% m\u1ed7i n\u0103m cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil \u0111ang t\u00ecm ki\u1ebfm d\u00f2ng ti\u1ec1n d\u1ef1 \u0111o\u00e1n \u0111\u01b0\u1ee3c. Ph\u00e2n t\u00edch n\u00e0y ti\u1ebft l\u1ed9 c\u00e1c chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3 v\u00e0 \u00edt \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn \u0111\u1ec3 x\u00e2y d\u1ef1ng m\u1ed9t danh m\u1ee5c c\u1ed5 t\u1ee9c v\u1eefng ch\u1eafc, t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu Taurus \u0111\u00e3 ph\u00e2n ph\u1ed1i R$0,38 m\u1ed7i c\u1ed5 phi\u1ebfu trong chu k\u1ef3 thanh to\u00e1n cu\u1ed1i c\u00f9ng."},"body_html":"<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>To\u00e0n c\u1ea3nh hi\u1ec7n t\u1ea1i c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Brazil ghi nh\u1eadn m\u1ee9c t\u0103ng 23% trong giao d\u1ecbch c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c trong qu\u00fd \u0111\u1ea7u ti\u00ean c\u1ee7a n\u0103m 2024. Trong s\u1ed1 c\u00e1c c\u00f4ng ty n\u00e0y, Taurus Armas S.A. (TASA3, TASA4) n\u1ed5i b\u1eadt v\u1edbi m\u1ee9c t\u0103ng 17% v\u1ec1 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch, thu h\u00fat c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng ch\u1ec9 t\u00ecm ki\u1ebfm s\u1ef1 gia t\u0103ng v\u1ed1n m\u00e0 c\u00f2n thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh v\u01b0\u1ee3t qu\u00e1 CDI 0,8 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong n\u0103m qua.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>N\u0103m 2024, ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus \u0111\u00e3 \u0111\u01b0\u1ee3c c\u1ea3i t\u1ed5 v\u1edbi ba thay \u0111\u1ed5i quan tr\u1ecdng: t\u0103ng t\u1ef7 l\u1ec7 chi tr\u1ea3 t\u1ed1i thi\u1ec3u t\u1eeb 25% l\u00ean 35%, th\u1ef1c hi\u1ec7n thanh to\u00e1n n\u1eeda n\u0103m thay v\u00ec h\u00e0ng n\u0103m, v\u00e0 t\u1ea1o ra ch\u01b0\u01a1ng tr\u00ecnh c\u1ed5 t\u1ee9c \u0111\u1eb7c bi\u1ec7t li\u00ean k\u1ebft v\u1edbi vi\u1ec7c \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau xu\u1ea5t kh\u1ea9u. V\u1edbi d\u1ef1 b\u00e1o l\u00e3i su\u1ea5t Selic gi\u1ea3m t\u1eeb 10,50% xu\u1ed1ng 9,25% v\u00e0o th\u00e1ng 12, c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c c\u1ee7a Taurus mang l\u1ea1i l\u1ee3i th\u1ebf c\u1ea1nh tranh so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7, \u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 t\u1ea7m nh\u00ecn h\u01a1n 24 th\u00e1ng.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Pocket Option, m\u1ed9t n\u1ec1n t\u1ea3ng ph\u1ee5c v\u1ee5 h\u01a1n 315.000 nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil, \u0111\u00e3 x\u00e1c \u0111\u1ecbnh s\u1ef1 gia t\u0103ng 42% trong c\u00e1c y\u00eau c\u1ea7u v\u1ec1 chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c trong s\u00e1u th\u00e1ng qua. C\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c c\u1ee7a Taurus, s\u1ef1 quan t\u00e2m \u0111\u00e3 t\u0103ng 28%, ph\u1ea3n \u00e1nh s\u1ef1 thay \u0111\u1ed5i \u0111\u00e1ng k\u1ec3 trong h\u1ed3 s\u01a1 c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trong n\u01b0\u1edbc t\u00ecm c\u00e1ch b\u1ea3o v\u1ec7 t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd kh\u1ecfi s\u1ef1 bi\u1ebfn \u0111\u1ed9ng v\u1edbi d\u00f2ng ti\u1ec1n d\u1ef1 \u0111o\u00e1n trong m\u1ed9t m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf m\u00e0 GDP d\u1ef1 ki\u1ebfn ch\u1ec9 t\u0103ng 2,2% v\u00e0o n\u0103m 2024.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>L\u1ecbch s\u1eed v\u00e0 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u1ed5 t\u1ee9c Taurus<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 ti\u1ec1m n\u0103ng th\u1ef1c s\u1ef1 c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, ch\u00fang t\u00f4i \u0111\u00e3 ph\u00e2n t\u00edch l\u1ecbch s\u1eed ph\u00e2n ph\u1ed1i chi ti\u1ebft t\u1eeb n\u0103m 2020, m\u1ed9t giai \u0111o\u1ea1n tr\u00f9ng v\u1edbi vi\u1ec7c t\u00e1i c\u1ea5u tr\u00fac t\u00e0i ch\u00ednh v\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty sau khi thay \u0111\u1ed5i qu\u1ea3n tr\u1ecb c\u00f4ng ty v\u00e0 th\u1ef1c hi\u1ec7n k\u1ebf ho\u1ea1ch chi\u1ebfn l\u01b0\u1ee3c m\u1edbi t\u1eadp trung v\u00e0o hi\u1ec7u qu\u1ea3 s\u1ea3n xu\u1ea5t v\u00e0 m\u1edf r\u1ed9ng qu\u1ed1c t\u1ebf.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>N\u0103m<\/th><th>C\u1ed5 t\u1ee9c tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu (R$)<\/th><th>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c<\/th><th>Ng\u00e0y thanh to\u00e1n<\/th><\/tr><\/thead><tbody><tr><td>2020<\/td><td>0.12<\/td><td>1.8%<\/td><td>15\/04\/2021<\/td><\/tr><tr><td>2021<\/td><td>0.25<\/td><td>2.7%<\/td><td>12\/05\/2022<\/td><\/tr><tr><td>2022<\/td><td>0.42<\/td><td>3.5%<\/td><td>18\/04\/2023<\/td><\/tr><tr><td>2023<\/td><td>0.38<\/td><td>3.2%<\/td><td>10\/05\/2024<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1eef li\u1ec7u l\u1ecbch s\u1eed cho th\u1ea5y m\u1ee9c t\u0103ng \u1ea5n t\u01b0\u1ee3ng 108% trong c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i b\u1edfi Taurus t\u1eeb n\u0103m 2020 \u0111\u1ebfn 2022 (t\u1eeb R$0.12 l\u00ean R$0.42), v\u01b0\u1ee3t qu\u00e1 m\u1ee9c trung b\u00ecnh c\u1ee7a ng\u00e0nh qu\u1ed1c ph\u00f2ng Brazil 35%. S\u1ef1 gi\u1ea3m nh\u1eb9 9,5% v\u00e0o n\u0103m 2023 (R$0.38) ph\u1ea3n \u00e1nh c\u00e1c \u0111i\u1ec1u ch\u1ec9nh chi\u1ebfn l\u01b0\u1ee3c sau khi c\u00f4ng ty \u0111\u1ea7u t\u01b0 R$78 tri\u1ec7u v\u00e0o vi\u1ec7c m\u1edf r\u1ed9ng nh\u00e0 m\u00e1y c\u00f4ng nghi\u1ec7p t\u1ea1i S\u00e3o Leopoldo, m\u00e0 kh\u00f4ng \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn vi\u1ec7c tr\u1ea3 th\u00f9 lao cho c\u1ed5 \u0111\u00f4ng.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt t\u1eeb Pocket Option cho th\u1ea5y r\u1eb1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 mua c\u1ed5 phi\u1ebfu Taurus v\u00e0o \u0111\u1ea7u n\u0103m 2020 v\u00e0 t\u00e1i \u0111\u1ea7u t\u01b0 t\u1ea5t c\u1ea3 c\u1ed5 t\u1ee9c \u0111\u00e3 \u0111\u1ea1t \u0111\u01b0\u1ee3c t\u1ed5ng l\u1ee3i nhu\u1eadn 142% v\u00e0o th\u00e1ng 5 n\u0103m 2024, cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi Ibovespa 93% trong c\u00f9ng k\u1ef3. Hi\u1ec7u su\u1ea5t n\u00e0y \u0111\u1eb7t c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u00e0o top 15% t\u00e0i s\u1ea3n c\u00f3 t\u1ef7 l\u1ec7 r\u1ee7i ro-l\u1ee3i nhu\u1eadn t\u1ed1t nh\u1ea5t tr\u00ean B3 trong giai \u0111o\u1ea1n b\u1ed1n n\u0103m \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch.<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>C\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u1ed5 t\u1ee9c Taurus<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ch\u00fang t\u00f4i \u0111\u00e3 x\u00e1c \u0111\u1ecbnh n\u0103m y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn kh\u1ea3 n\u0103ng ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus, \u0111\u1ecbnh l\u01b0\u1ee3ng t\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00fang d\u1ef1a tr\u00ean d\u1eef li\u1ec7u l\u1ecbch s\u1eed t\u1eeb 2020-2024. Ph\u00e2n t\u00edch n\u00e0y l\u00e0 c\u01a1 b\u1ea3n \u0111\u1ec3 d\u1ef1 \u0111o\u00e1n ch\u00ednh x\u00e1c h\u01a1n h\u00e0nh vi t\u01b0\u01a1ng lai c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus:<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Hi\u1ec7u su\u1ea5t ho\u1ea1t \u0111\u1ed9ng v\u00e0 bi\u00ean l\u1ee3i nhu\u1eadn (t\u00e1c \u0111\u1ed9ng cao: m\u1ed7i 1% t\u0103ng trong bi\u00ean EBITDA d\u1eabn \u0111\u1ebfn t\u0103ng 2,3% trong c\u1ed5 t\u1ee9c t\u1eeb 2020-2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Quy \u0111\u1ecbnh ng\u00e0nh v\u0169 kh\u00ed (t\u00e1c \u0111\u1ed9ng quan tr\u1ecdng: ngh\u1ecb \u0111\u1ecbnh t\u1ed5ng th\u1ed1ng 10.627\/2021 \u0111\u00e3 th\u00fac \u0111\u1ea9y doanh s\u1ed1 n\u1ed9i \u0111\u1ecba t\u0103ng 32%, n\u00e2ng cao ti\u1ec1m n\u0103ng c\u1ed5 t\u1ee9c)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xu\u1ea5t kh\u1ea9u sang c\u00e1c th\u1ecb tr\u01b0\u1eddng chi\u1ebfn l\u01b0\u1ee3c (t\u00e1c \u0111\u1ed9ng trung b\u00ecnh-cao: h\u1ee3p \u0111\u1ed3ng v\u1edbi M\u1ef9 chi\u1ebfm 45% doanh thu n\u0103m 2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u00ednh s\u00e1ch \u0111\u1ea7u t\u01b0 (t\u00e1c \u0111\u1ed9ng trung b\u00ecnh: R$120 tri\u1ec7u \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 cho m\u1edf r\u1ed9ng t\u1ea1m th\u1eddi gi\u1ea3m t\u1ef7 l\u1ec7 chi tr\u1ea3 5% v\u00e0o n\u0103m 2023)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u1ea5u tr\u00fac v\u1ed1n v\u00e0 m\u1ee9c n\u1ee3 (t\u00e1c \u0111\u1ed9ng th\u1ea5p hi\u1ec7n t\u1ea1i: t\u1ef7 l\u1ec7 n\u1ee3\/EBITDA l\u00e0 1.2x cho ph\u00e9p duy tr\u00ec ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c)<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1ed9t l\u1ee3i th\u1ebf c\u1ea1nh tranh cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus l\u00e0 s\u1ef1 mi\u1ec5n thu\u1ebf hi\u1ec7n t\u1ea1i. V\u1edbi thu\u1ebf su\u1ea5t b\u1eb1ng kh\u00f4ng \u0111\u1ed1i v\u1edbi c\u1ed5 t\u1ee9c cho c\u00e1 nh\u00e2n, m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c R$10,000 h\u00e0ng n\u0103m t\u1eeb c\u1ed5 t\u1ee9c Taurus s\u1ebd gi\u1eef nguy\u00ean s\u1ed1 ti\u1ec1n n\u00e0y, trong khi c\u00f9ng s\u1ed1 ti\u1ec1n trong thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh s\u1ebd t\u1ea1o ra kho\u1ea3ng R$8,500 sau thu\u1ebf thu nh\u1eadp (xem x\u00e9t m\u1ee9c thu\u1ebf 15% cho c\u00e1c \u1ee9ng d\u1ee5ng v\u01b0\u1ee3t qu\u00e1 721 ng\u00e0y).<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Ph\u00e2n t\u00edch so s\u00e1nh: Taurus so v\u1edbi c\u00e1c c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00e1c \u1edf Brazil<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ec3 x\u00e1c \u0111\u1ecbnh v\u1ecb tr\u00ed chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng Brazil, ch\u00fang t\u00f4i \u0111\u00e3 th\u1ef1c hi\u1ec7n ph\u00e2n t\u00edch so s\u00e1nh v\u1edbi c\u00e1c c\u00f4ng ty truy\u1ec1n th\u1ed1ng tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00e1c, kh\u00f4ng ch\u1ec9 xem x\u00e9t l\u1ee3i su\u1ea5t hi\u1ec7n t\u1ea1i m\u00e0 c\u00f2n c\u1ea3 t\u00ednh b\u1ec1n v\u1eefng v\u00e0 kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n c\u1ee7a c\u00e1c kho\u1ea3n thanh to\u00e1n.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>C\u00f4ng ty<\/th><th>Ng\u00e0nh<\/th><th>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh (3 n\u0103m)<\/th><th>Bi\u1ebfn \u0111\u1ed9ng<\/th><th>T\u1ef7 l\u1ec7 chi tr\u1ea3<\/th><\/tr><\/thead><tbody><tr><td>Taurus<\/td><td>V\u0169 kh\u00ed v\u00e0 Qu\u1ed1c ph\u00f2ng<\/td><td>3.1%<\/td><td>Cao (26.4%)<\/td><td>45%<\/td><\/tr><tr><td>Taesa<\/td><td>N\u0103ng l\u01b0\u1ee3ng<\/td><td>7.8%<\/td><td>Th\u1ea5p (14.2%)<\/td><td>85%<\/td><\/tr><tr><td>Ita\u00fa Unibanco<\/td><td>T\u00e0i ch\u00ednh<\/td><td>5.2%<\/td><td>Trung b\u00ecnh (19.5%)<\/td><td>40%<\/td><\/tr><tr><td>Petrobras<\/td><td>D\u1ea7u kh\u00ed<\/td><td>9.6%<\/td><td>Cao (31.7%)<\/td><td>60%<\/td><\/tr><tr><td>Vale<\/td><td>Khai th\u00e1c<\/td><td>8.3%<\/td><td>Cao (28.9%)<\/td><td>55%<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch so s\u00e1nh cho th\u1ea5y Taurus cung c\u1ea5p s\u1ef1 c\u00e2n b\u1eb1ng chi\u1ebfn l\u01b0\u1ee3c gi\u1eefa l\u1ee3i su\u1ea5t ngay l\u1eadp t\u1ee9c (3.1%) v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng trong t\u01b0\u01a1ng lai. V\u1edbi t\u1ef7 l\u1ec7 chi tr\u1ea3 45% -- th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi Taesa (85%) v\u00e0 Petrobras (60%) -- c\u00f4ng ty gi\u1eef l\u1ea1i \u0111\u1ee7 v\u1ed1n \u0111\u1ec3 t\u00e0i tr\u1ee3 cho vi\u1ec7c m\u1edf r\u1ed9ng, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn t\u0103ng c\u1ed5 t\u1ee9c trong c\u00e1c chu k\u1ef3 ti\u1ebfp theo. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u00ecm c\u00e1ch x\u00e2y d\u1ef1ng m\u1ed9t danh m\u1ee5c c\u00e2n b\u1eb1ng, vi\u1ec7c ph\u00e2n b\u1ed5 10-15% v\u00e0o Taurus k\u1ebft h\u1ee3p v\u1edbi 20-25% v\u00e0o c\u00e1c ti\u1ec7n \u00edch nh\u01b0 Taesa v\u00e0 15-20% v\u00e0o h\u00e0ng h\u00f3a nh\u01b0 Vale c\u00f3 th\u1ec3 t\u1ed1i \u01b0u h\u00f3a d\u00f2ng c\u1ed5 t\u1ee9c trong khi duy tr\u00ec s\u1ef1 ti\u1ebfp x\u00fac v\u1edbi c\u00e1c chu k\u1ef3 kinh t\u1ebf kh\u00e1c nhau.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1eef li\u1ec7u \u0111\u1ed9c quy\u1ec1n t\u1eeb Pocket Option cho th\u1ea5y r\u1eb1ng c\u00e1c danh m\u1ee5c v\u1edbi th\u00e0nh ph\u1ea7n n\u00e0y \u0111\u00e3 th\u1ec3 hi\u1ec7n s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a l\u1ee3i nhu\u1eadn ngay c\u1ea3 trong c\u00e1c giai \u0111o\u1ea1n bi\u1ebfn \u0111\u1ed9ng nh\u01b0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng \u0111\u1ea1i d\u1ecbch n\u0103m 2020, khi d\u00f2ng c\u1ed5 t\u1ee9c k\u1ebft h\u1ee3p ch\u1ec9 gi\u1ea3m 11%, so v\u1edbi m\u1ee9c gi\u1ea3m trung b\u00ecnh 27% cho th\u1ecb tr\u01b0\u1eddng Brazil n\u00f3i chung. H\u00e0nh vi n\u00e0y ch\u1ee9ng minh gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus nh\u01b0 m\u1ed9t th\u00e0nh ph\u1ea7n chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh l\u1ee3i nhu\u1eadn trong m\u1ed9t danh m\u1ee5c \u0111a d\u1ea1ng nh\u1eb1m t\u1ea1o ra thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng trong d\u00e0i h\u1ea1n.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1ef1a tr\u00ean ph\u00e2n t\u00edch h\u01a1n 5.000 danh m\u1ee5c kh\u00e1ch h\u00e0ng t\u1ea1i Pocket Option, ch\u00fang t\u00f4i \u0111\u00e3 x\u00e1c \u0111\u1ecbnh n\u0103m chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a l\u1ee3i nhu\u1eadn v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, m\u1ed7i chi\u1ebfn l\u01b0\u1ee3c \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh cho c\u00e1c h\u1ed3 s\u01a1 r\u1ee7i ro v\u00e0 m\u1ee5c ti\u00eau t\u00e0i ch\u00ednh kh\u00e1c nhau c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil.<\/p><\/div><div class='po-container po-container_width_article-sm'><h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y d\u00e0i h\u1ea1n<\/h3><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 c\u1ea5u tr\u00fac n\u00e0y nh\u1eb1m x\u00e2y d\u1ef1ng m\u1ed9t v\u1ecb tr\u00ed v\u1eefng ch\u1eafc trong c\u1ed5 phi\u1ebfu Taurus trong 5-10 n\u0103m, v\u1edbi l\u1ee3i nhu\u1eadn d\u1ef1 ki\u1ebfn 7.2% m\u1ed7i n\u0103m (xem x\u00e9t s\u1ef1 gia t\u0103ng + c\u1ed5 t\u1ee9c). Chi\u1ebfn l\u01b0\u1ee3c n\u00e0y \u0111\u00e3 ch\u1ee9ng minh t\u1ea1o ra k\u1ebft qu\u1ea3 cao h\u01a1n 23% so v\u1edbi mua v\u00e0 gi\u1eef \u0111\u01a1n gi\u1ea3n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 th\u1ef1c hi\u1ec7n n\u00f3 t\u1eeb n\u0103m 2018.<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp c\u00e1c kho\u1ea3n \u0111\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng \u0111\u1ec1u \u0111\u1eb7n t\u1eeb 5-10% thu nh\u1eadp c\u00f3 s\u1eb5n c\u1ee7a b\u1ea1n cho \u0111\u1ea7u t\u01b0, \u01b0u ti\u00ean c\u00e1c l\u1ea7n nh\u1eadp b\u1ed5 sung khi P\/E c\u1ee7a Taurus d\u01b0\u1edbi 8 (x\u1ea3y ra trung b\u00ecnh 4 l\u1ea7n m\u1ed7i n\u0103m)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp t\u00e1i \u0111\u1ea7u t\u01b0 c\u1ed5 t\u1ee9c t\u1ef1 \u0111\u1ed9ng th\u00f4ng qua c\u00e1c l\u1ec7nh \u0111\u1ecbnh k\u1ef3 tr\u00ean n\u1ec1n t\u1ea3ng Pocket Option \u0111\u1ec3 mua trong 5 ng\u00e0y sau khi nh\u1eadn, khi gi\u00e1 th\u01b0\u1eddng gi\u1ea3m 2.3% sau thanh to\u00e1n<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Duy tr\u00ec h\u1ed3 s\u01a1 chi ti\u1ebft b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng b\u1ea3ng theo d\u00f5i c\u00f3 s\u1eb5n tr\u00ean Pocket Option, c\u1ea7n thi\u1ebft cho vi\u1ec7c t\u00ednh to\u00e1n ch\u00ednh x\u00e1c chi ph\u00ed trung b\u00ecnh v\u00e0 \u0111\u00e1nh gi\u00e1 thu\u1ebf cu\u1ed1i c\u00f9ng trong tr\u01b0\u1eddng h\u1ee3p b\u00e1n<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u00e1nh gi\u00e1 l\u1ea1i v\u1ecb tr\u00ed c\u1ee7a b\u1ea1n h\u00e0ng qu\u00fd sau khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3, t\u0103ng c\u01b0\u1eddng ti\u1ebfp x\u00fac n\u1ebfu t\u1ef7 l\u1ec7 chi tr\u1ea3 v\u1eabn d\u01b0\u1edbi 50% v\u00e0 n\u1ee3 r\u00f2ng\/EBITDA d\u01b0\u1edbi 2.0x<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c chuy\u00ean gia c\u1ee7a Pocket Option \u0111\u00e3 x\u00e1c minh r\u1eb1ng chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y c\u00f3 h\u1ec7 th\u1ed1ng n\u00e0y \u0111\u00e3 gi\u1ea3m t\u00e1c \u0111\u1ed9ng c\u1ee7a s\u1ef1 bi\u1ebfn \u0111\u1ed9ng 37% so v\u1edbi chi\u1ebfn l\u01b0\u1ee3c nh\u1eadp \u0111\u01a1n l\u1ebb, t\u1ea1o ra chi ph\u00ed mua trung b\u00ecnh th\u1ea5p h\u01a1n 12.4% cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 \u00e1p d\u1ee5ng n\u00f3 li\u00ean t\u1ee5c trong ba n\u0103m qua.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Horizon<\/th><th>\u0110\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng<\/th><th>L\u1ee3i su\u1ea5t trung b\u00ecnh d\u1ef1 ki\u1ebfn<\/th><th>S\u1ed1 ti\u1ec1n d\u1ef1 ki\u1ebfn<\/th><th>C\u1ed5 t\u1ee9c h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn<\/th><\/tr><\/thead><tbody><tr><td>5 n\u0103m<\/td><td>R$ 500<\/td><td>3.1%<\/td><td>R$ 33,847<\/td><td>R$ 1,049 (R$ 87.42\/th\u00e1ng)<\/td><\/tr><tr><td>10 n\u0103m<\/td><td>R$ 500<\/td><td>3.1%<\/td><td>R$ 75,492<\/td><td>R$ 2,340 (R$ 195.00\/th\u00e1ng)<\/td><\/tr><tr><td>15 n\u0103m<\/td><td>R$ 500<\/td><td>3.1%<\/td><td>R$ 127,840<\/td><td>R$ 3,963 (R$ 330.25\/th\u00e1ng)<\/td><\/tr><tr><td>20 n\u0103m<\/td><td>R$ 500<\/td><td>3.1%<\/td><td>R$ 193,824<\/td><td>R$ 6,009 (R$ 500.75\/th\u00e1ng)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1ef1 b\u00e1o b\u1ea3o th\u1ee7 n\u00e0y ch\u1ec9 xem x\u00e9t l\u1ee3i su\u1ea5t trung b\u00ecnh l\u1ecbch s\u1eed m\u00e0 kh\u00f4ng k\u1ebft h\u1ee3p c\u00e1c kh\u1ea3 n\u0103ng t\u0103ng c\u1ed5 t\u1ee9c ho\u1eb7c gia t\u0103ng gi\u00e1 c\u1ed5 phi\u1ebfu, cho th\u1ea5y c\u00e1ch c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 khi\u00eam t\u1ed1n v\u00e0 nh\u1ea5t qu\u00e1n v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus c\u00f3 th\u1ec3 t\u1ea1o ra d\u00f2ng thu nh\u1eadp \u0111\u00e1ng k\u1ec3 theo th\u1eddi gian.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>R\u1ee7i ro v\u00e0 c\u00e2n nh\u1eafc khi \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Taurus v\u1edbi tr\u1ecdng t\u00e2m l\u00e0 c\u1ed5 t\u1ee9c<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1ed9t ph\u00e2n t\u00edch th\u1ef1c t\u1ebf c\u1ea9n th\u1eadn v\u1ec1 c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus \u0111\u00f2i h\u1ecfi s\u1ef1 x\u00e1c \u0111\u1ecbnh v\u00e0 \u0111\u1ecbnh l\u01b0\u1ee3ng ch\u00ednh x\u00e1c c\u00e1c r\u1ee7i ro li\u00ean quan \u0111\u1ebfn kho\u1ea3n \u0111\u1ea7u t\u01b0 n\u00e0y, cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil th\u1ef1c hi\u1ec7n c\u00e1c bi\u1ec7n ph\u00e1p gi\u1ea3m thi\u1ec3u c\u1ee5 th\u1ec3:<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Lo\u1ea1i r\u1ee7i ro<\/th><th>M\u00f4 t\u1ea3<\/th><th>M\u1ee9c \u0111\u1ed9<\/th><th>Gi\u1ea3m thi\u1ec3u<\/th><\/tr><\/thead><tbody><tr><td>R\u1ee7i ro quy \u0111\u1ecbnh<\/td><td>Thay \u0111\u1ed5i trong Lu\u1eadt Gi\u1ea3i tr\u1eeb V\u0169 kh\u00ed (Lu\u1eadt 10.826\/2003) ho\u1eb7c ch\u00ednh s\u00e1ch xu\u1ea5t kh\u1ea9u sang M\u1ef9 (\u0111\u00e3 x\u1ea3y ra 3 l\u1ea7n trong 5 n\u0103m qua, g\u00e2y bi\u1ebfn \u0111\u1ed9ng l\u00ean \u0111\u1ebfn 28% trong gi\u00e1 c\u1ed5 phi\u1ebfu)<\/td><td>Cao (65% kh\u1ea3 n\u0103ng trong 2 n\u0103m t\u1edbi do b\u1ed1i c\u1ea3nh ch\u00ednh tr\u1ecb hi\u1ec7n t\u1ea1i)<\/td><td>\u0110a d\u1ea1ng h\u00f3a ng\u00e0nh h\u1ea1n ch\u1ebf Taurus t\u1ed1i \u0111a 15% danh m\u1ee5c; thi\u1ebft l\u1eadp trailing stop 20% d\u01b0\u1edbi \u0111\u1ec9nh; theo d\u00f5i h\u00e0ng ng\u00e0y tin t\u1ee9c ng\u00e0nh qua c\u1ea3nh b\u00e1o Pocket Option<\/td><\/tr><tr><td>R\u1ee7i ro th\u1ecb tr\u01b0\u1eddng<\/td><td>Bi\u1ebfn \u0111\u1ed9ng trung b\u00ecnh h\u00e0ng n\u0103m 26.4% trong 3 n\u0103m qua, v\u1edbi m\u1ee9c t\u1ed1i \u0111a 42% trong c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb gi\u1eefa Nga v\u00e0 Ukraine v\u00e0o th\u00e1ng 2\/2022<\/td><td>Trung b\u00ecnh-Cao (Beta 1.32 so v\u1edbi Ibovespa)<\/td><td>Chi\u1ebfn l\u01b0\u1ee3c mua d\u1ea7n qua DCA (Dollar-Cost Averaging); ph\u00e2n b\u1ed5 c\u00e2n b\u1eb1ng v\u1edbi c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u01b0\u01a1ng quan \u00e2m nh\u01b0 ti\u1ec7n \u00edch v\u00e0 thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh ch\u1ec9 s\u1ed1 l\u1ea1m ph\u00e1t<\/td><\/tr><tr><td>R\u1ee7i ro t\u00edn d\u1ee5ng<\/td><td>Kh\u1ea3 n\u0103ng th\u1ef1c hi\u1ec7n c\u00e1c cam k\u1ebft t\u00e0i ch\u00ednh (n\u1ee3 hi\u1ec7n t\u1ea1i R$389 tri\u1ec7u v\u1edbi k\u1ef3 h\u1ea1n \u0111\u1ebfn n\u0103m 2028)<\/td><td>Trung b\u00ecnh (x\u1ebfp h\u1ea1ng BB+ b\u1edfi Fitch v\u00e0o th\u00e1ng 12\/2023)<\/td><td>Theo d\u00f5i h\u00e0ng qu\u00fd c\u00e1c ch\u1ec9 s\u1ed1: n\u1ee3 r\u00f2ng\/EBITDA (gi\u1edbi h\u1ea1n ch\u1ea5p nh\u1eadn: 2.5x), kh\u1ea3 n\u0103ng chi tr\u1ea3 l\u00e3i (t\u1ed1i thi\u1ec3u ch\u1ea5p nh\u1eadn: 3.0x)<\/td><\/tr><tr><td>R\u1ee7i ro c\u1ed5 t\u1ee9c<\/td><td>Kh\u1ea3 n\u0103ng gi\u1ea3m thanh to\u00e1n (\u0111\u00e3 x\u1ea3y ra m\u1ed9t l\u1ea7n trong 4 n\u0103m qua, v\u1edbi gi\u1ea3m 9.5% v\u00e0o n\u0103m 2023)<\/td><td>Trung b\u00ecnh (35% kh\u1ea3 n\u0103ng trong 12 th\u00e1ng t\u1edbi)<\/td><td>\u0110a d\u1ea1ng h\u00f3a gi\u1eefa 4-6 c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c v\u1edbi c\u00e1c chu k\u1ef3 kh\u00e1c nhau; \u01b0u ti\u00ean c\u00e1c c\u00f4ng ty c\u00f3 l\u1ecbch s\u1eed thanh to\u00e1n nh\u1ea5t qu\u00e1n \u00edt nh\u1ea5t 5 n\u0103m<\/td><\/tr><tr><td>R\u1ee7i ro thu\u1ebf<\/td><td>C\u1ea3i c\u00e1ch thu\u1ebf \u0111\u1ec1 xu\u1ea5t \u0111ang \u0111\u01b0\u1ee3c th\u1ea3o lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng thu\u1ebf 15% tr\u00ean c\u1ed5 t\u1ee9c t\u1eeb n\u0103m 2026<\/td><td>Trung b\u00ecnh-Cao (kh\u1ea3 n\u0103ng \u01b0\u1edbc t\u00ednh 70%)<\/td><td>C\u1ea5u tr\u00fac qua c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 \u0111\u1ed9c quy\u1ec1n; \u0111\u00e1nh gi\u00e1 \u0111\u1ecbnh k\u1ef3 hi\u1ec7u qu\u1ea3 thu\u1ebf c\u1ee7a danh m\u1ee5c; t\u01b0 v\u1ea5n v\u1edbi chuy\u00ean gia k\u1ebf to\u00e1n qua Pocket Option<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u1ea2nh h\u01b0\u1edfng ch\u00ednh tr\u1ecb \u0111\u1ebfn ng\u00e0nh qu\u1ed1c ph\u00f2ng \u1edf Brazil \u0111\u1ea1i di\u1ec7n cho m\u1ed9t y\u1ebfu t\u1ed1 ph\u1ee9c t\u1ea1p b\u1ed5 sung cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus. D\u1eef li\u1ec7u l\u1ecbch s\u1eed cho th\u1ea5y r\u1eb1ng thay \u0111\u1ed5i trong ch\u00ednh s\u00e1ch an ninh c\u00f4ng c\u1ed9ng \u0111\u00e3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn doanh thu c\u1ee7a c\u00f4ng ty 35% trong c\u00e1c giai \u0111o\u1ea1n chuy\u1ec3n giao ch\u00ednh ph\u1ee7, v\u1edbi t\u00e1c \u0111\u1ed9ng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i trong c\u00e1c n\u0103m ti\u1ebfp theo.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Theo d\u00f5i li\u00ean t\u1ee5c c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y th\u00f4ng qua c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u1ee7a Pocket Option cho ph\u00e9p th\u1ef1c hi\u1ec7n c\u00e1c \u0111i\u1ec1u ch\u1ec9nh ph\u00f2ng ng\u1eeba trong ph\u00e2n b\u1ed5, c\u00f3 th\u1ec3 b\u1ea3o to\u00e0n t\u1edbi 72% v\u1ed1n trong c\u00e1c k\u1ecbch b\u1ea3n b\u1ea5t l\u1ee3i, nh\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ee9ng minh trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u0103m 2020, khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 theo d\u00f5i c\u1ea3nh b\u00e1o s\u1edbm \u0111\u00e3 gi\u1ea3m \u0111\u00e1ng k\u1ec3 t\u1ed5n th\u1ea5t c\u1ee7a h\u1ecd.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 th\u1eddi \u0111i\u1ec3m \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Taurus<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1eb7c d\u00f9 chi\u1ebfn l\u01b0\u1ee3c c\u1ed5 t\u1ee9c c\u00f3 \u0111\u1ecbnh h\u01b0\u1edbng c\u01a1 b\u1ea3n v\u00e0 t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, t\u1ed1i \u01b0u h\u00f3a th\u1eddi \u0111i\u1ec3m v\u00e0o v\u00e0 ra th\u00f4ng qua ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt c\u00f3 th\u1ec3 t\u0103ng c\u01b0\u1eddng \u0111\u00e1ng k\u1ec3 k\u1ebft qu\u1ea3 v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, nh\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ee9ng minh qua c\u00e1c th\u1eed nghi\u1ec7m v\u1edbi d\u1eef li\u1ec7u l\u1ecbch s\u1eed t\u1eeb 2018-2024.<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1eabu h\u00ecnh t\u0103ng gi\u00e1 tr\u01b0\u1edbc c\u1ed5 t\u1ee9c: trong 21 ng\u00e0y tr\u01b0\u1edbc ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c, c\u1ed5 phi\u1ebfu Taurus \u0111\u00e3 cho th\u1ea5y m\u1ee9c t\u0103ng trung b\u00ecnh 4.8% trong 9 tr\u00ean 12 chu k\u1ef3 g\u1ea7n nh\u1ea5t, cung c\u1ea5p c\u01a1 h\u1ed9i cho c\u00e1c chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ng\u1eafn h\u1ea1n b\u1ed5 sung<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>V\u00f9ng h\u1ed7 tr\u1ee3 quan tr\u1ecdng: \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh t\u1ea1i R$8.20, R$7.65, v\u00e0 R$6.90, c\u00e1c m\u1ee9c n\u00e0y tr\u00f9ng v\u1edbi c\u00e1c \u0111\u1ea3o chi\u1ec1u xu h\u01b0\u1edbng trong 78% c\u00e1c tr\u01b0\u1eddng h\u1ee3p k\u1ec3 t\u1eeb th\u00e1ng 1\/2022<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u00e1c ch\u1ec9 b\u00e1o \u0111\u1ed9ng l\u01b0\u1ee3ng hi\u1ec7u qu\u1ea3 nh\u1ea5t: k\u1ebft h\u1ee3p RSI(14) d\u01b0\u1edbi 35 v\u1edbi MACD trong giao c\u1eaft t\u0103ng \u0111\u00e3 b\u00e1o hi\u1ec7u ch\u00ednh x\u00e1c 8 trong 10 c\u01a1 h\u1ed9i v\u00e0o t\u1ed1t nh\u1ea5t trong 3 n\u0103m qua<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>H\u00e0nh vi sau ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c: gi\u1ea3m trung b\u00ecnh 3.1% trong 5 ng\u00e0y sau ng\u00e0y kh\u00f4ng h\u01b0\u1edfng, t\u1ea1o c\u01a1 h\u1ed9i l\u1eadp tr\u00ecnh \u0111\u1ec3 c\u1ee7ng c\u1ed1 v\u1ecb tr\u00ed v\u1edbi gi\u00e1 chi\u1ebft kh\u1ea5u<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c thu\u1eadt to\u00e1n \u0111\u1ed9c quy\u1ec1n c\u1ee7a Pocket Option ph\u00e2n t\u00edch h\u00e0nh vi gi\u00e1 tr\u01b0\u1edbc v\u00e0 sau c\u00e1c s\u1ef1 ki\u1ec7n c\u00f4ng ty c\u1ee7a Taurus \u0111\u00e3 x\u00e1c \u0111\u1ecbnh m\u1ed9t m\u1eabu h\u00ecnh t\u0103ng trung b\u00ecnh 11.2% trong 30 ng\u00e0y tr\u01b0\u1edbc khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 h\u00e0ng qu\u00fd, v\u1edbi \u0111\u1ed9 ch\u00ednh x\u00e1c 72% trong 12 l\u1ea7n c\u00f4ng b\u1ed1 g\u1ea7n nh\u1ea5t.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>S\u1ef1 ki\u1ec7n<\/th><th>T\u00e1c \u0111\u1ed9ng l\u1ecbch s\u1eed l\u00ean gi\u00e1<\/th><th>C\u01a1 h\u1ed9i c\u1ee5 th\u1ec3<\/th><\/tr><\/thead><tbody><tr><td>C\u00f4ng b\u1ed1 c\u1ed5 t\u1ee9c<\/td><td>T\u0103ng trung b\u00ecnh 7.3% trong 10 ng\u00e0y sau c\u00f4ng b\u1ed1 (quan s\u00e1t trong 8 tr\u00ean 10 c\u00f4ng b\u1ed1 g\u1ea7n nh\u1ea5t)<\/td><td>Mua ph\u00f2ng ng\u1eeba 30 ng\u00e0y tr\u01b0\u1edbc ng\u00e0y c\u00f4ng b\u1ed1 c\u00f3 th\u1ec3 (th\u01b0\u1eddng l\u00e0 5-7 ng\u00e0y sau khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 h\u00e0ng n\u0103m)<\/td><\/tr><tr><td>Ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c<\/td><td>Gi\u1ea3m trung b\u00ecnh 3.1% trong ng\u00e0y \u0111\u1ea7u ti\u00ean, m\u1edf r\u1ed9ng \u0111\u1ebfn 4.6% trong 5 ng\u00e0y (90% x\u1ea3y ra)<\/td><td>L\u1ec7nh mua l\u1eadp tr\u00ecnh theo ba m\u1ee9c: -1.5%, -3.0%, v\u00e0 -4.5% c\u1ee7a gi\u00e1 tr\u01b0\u1edbc ng\u00e0y kh\u00f4ng h\u01b0\u1edfng<\/td><\/tr><tr><td>C\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3<\/td><td>Bi\u1ebfn \u0111\u1ed9ng \u00b18.5% ng\u00e0y ti\u1ebfp theo, v\u1edbi xu h\u01b0\u1edbng x\u00e1c \u0111\u1ecbnh trong 3 ng\u00e0y<\/td><td>Chi\u1ebfn l\u01b0\u1ee3c quy\u1ec1n ch\u1ecdn b\u1ea3o th\u1ee7 s\u1eed d\u1ee5ng c\u1ea5u tr\u00fac collar \u0111\u1ec3 b\u1ea3o v\u1ec7; ph\u00e2n t\u00edch b\u1ea3ng c\u00e2n \u0111\u1ed1i trong 2 gi\u1edd qua c\u00e1c c\u00f4ng c\u1ee5 Pocket Option<\/td><\/tr><tr><td>C\u00f4ng b\u1ed1 quy \u0111\u1ecbnh<\/td><td>Chuy\u1ec3n \u0111\u1ed9ng nhanh 12-15% trong 48h, sau \u0111\u00f3 l\u00e0 h\u1ee3p nh\u1ea5t<\/td><td>Theo d\u00f5i th\u1eddi gian th\u1ef1c c\u00e1c c\u00f4ng b\u1ed1 trong C\u00f4ng b\u00e1o v\u00e0 c\u00e1c k\u00eanh ch\u00ednh th\u1ee9c; thi\u1ebft l\u1eadp ph\u00f2ng ng\u1eeba gi\u1edbi h\u1ea1n l\u1ed7 t\u1ed1i \u0111a 10% c\u1ee7a v\u1ecb tr\u00ed<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1ed9t chi\u1ebfn l\u01b0\u1ee3c lai \u0111\u1eb7c bi\u1ec7t hi\u1ec7u qu\u1ea3 cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil k\u1ebft h\u1ee3p v\u1ecb tr\u00ed c\u1ed1t l\u00f5i trong c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng chi\u1ebfn thu\u1eadt trong c\u00e1c giai \u0111o\u1ea1n tr\u01b0\u1edbc c\u00f4ng b\u1ed1, t\u00e1i \u0111\u1ea7u t\u01b0 l\u1ee3i nhu\u1eadn t\u1eeb c\u00e1c ho\u1ea1t \u0111\u1ed9ng ng\u1eafn h\u1ea1n \u0111\u1ec3 m\u1edf r\u1ed9ng c\u01a1 s\u1edf t\u1ea1o c\u1ed5 t\u1ee9c. C\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y, \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 \"Enhanced Dividends\" b\u1edfi nh\u00f3m ph\u00e2n t\u00edch c\u1ee7a Pocket Option, \u0111\u00e3 cung c\u1ea5p m\u1ee9c t\u0103ng trung b\u00ecnh 2.8 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 th\u1ef1c hi\u1ec7n n\u00f3 m\u1ed9t c\u00e1ch nh\u1ea5t qu\u00e1n.<\/p><\/div><div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>Tri\u1ec3n v\u1ecdng t\u01b0\u01a1ng lai cho c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Ph\u00e2n t\u00edch tri\u1ec3n v\u1ecdng c\u1ee7a ch\u00fang t\u00f4i v\u1ec1 c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus cho giai \u0111o\u1ea1n 2024-2027 d\u1ef1a tr\u00ean m\u00f4 h\u00ecnh \u0111\u1ecbnh l\u01b0\u1ee3ng k\u1ebft h\u1ee3p 23 bi\u1ebfn s\u1ed1 ch\u00ednh, bao g\u1ed3m d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng ng\u00e0nh, ph\u00e2n t\u00edch danh m\u1ee5c s\u1ea3n ph\u1ea9m c\u1ee7a c\u00f4ng ty, \u01b0\u1edbc t\u00ednh th\u1ecb ph\u1ea7n v\u00e0 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 Brazil.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 R$157 tri\u1ec7u \u0111\u01b0\u1ee3c Taurus c\u00f4ng b\u1ed1 cho giai \u0111o\u1ea1n 2024-2025 ch\u1ee7 y\u1ebfu nh\u1eafm v\u00e0o ba s\u00e1ng ki\u1ebfn chi\u1ebfn l\u01b0\u1ee3c: m\u1edf r\u1ed9ng c\u00f4ng su\u1ea5t s\u1ea3n xu\u1ea5t 28% t\u1ea1i nh\u00e0 m\u00e1y S\u00e3o Leopoldo-RS, tri\u1ec3n khai c\u00f4ng ngh\u1ec7 t\u1ef1 \u0111\u1ed9ng h\u00f3a c\u00f4ng nghi\u1ec7p ti\u00ean ti\u1ebfn c\u00f3 th\u1ec3 gi\u1ea3m chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng 13.5%, v\u00e0 ph\u00e1t tri\u1ec3n hai d\u00f2ng s\u1ea3n ph\u1ea9m m\u1edbi cho c\u00e1c ph\u00e2n kh\u00fac chi\u1ebfn thu\u1eadt cao c\u1ea5p v\u00e0 chuy\u00ean nghi\u1ec7p, v\u1edbi bi\u00ean l\u1ee3i nhu\u1eadn d\u1ef1 ki\u1ebfn cao h\u01a1n 7.2 \u0111i\u1ec3m ph\u1ea7n tr\u0103m so v\u1edbi hi\u1ec7n t\u1ea1i.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>D\u1ef1 b\u00e1o kinh t\u1ebf v\u0129 m\u00f4 ch\u1ec9 ra r\u1eb1ng chu k\u1ef3 gi\u1ea3m l\u00e3i su\u1ea5t Selic s\u1ebd k\u00e9o d\u00e0i \u0111\u1ebfn cu\u1ed1i n\u0103m 2025, \u0111\u1ea1t m\u1ee9c t\u1eeb 7.25% \u0111\u1ebfn 8.00%, m\u1ed9t k\u1ecbch b\u1ea3n m\u00e0 l\u1ecbch s\u1eed \u0111\u00e3 th\u00fac \u0111\u1ea9y nhu c\u1ea7u \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu tr\u1ea3 c\u1ed5 t\u1ee9c tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil. C\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, m\u1ed7i l\u1ea7n gi\u1ea3m 0.5 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong Selic c\u00f3 t\u01b0\u01a1ng quan v\u1edbi m\u1ee9c t\u0103ng trung b\u00ecnh 1.8% trong 30 ng\u00e0y ti\u1ebfp theo, theo c\u00e1c ph\u00e9p \u0111o t\u1eeb 2016-2023.<\/p><\/div><div class='po-container po-container_width_article po-article-page__table'><div class='po-table'><table><thead><tr><th>Y\u1ebfu t\u1ed1<\/th><th>K\u1ecbch b\u1ea3n l\u1ea1c quan<\/th><th>K\u1ecbch b\u1ea3n c\u01a1 s\u1edf<\/th><th>K\u1ecbch b\u1ea3n bi quan<\/th><\/tr><\/thead><tbody><tr><td>T\u0103ng tr\u01b0\u1edfng doanh thu<\/td><td>12% m\u1ed7i n\u0103m (\u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi m\u1edf r\u1ed9ng 35% trong xu\u1ea5t kh\u1ea9u v\u00e0 15% trong th\u1ecb tr\u01b0\u1eddng n\u1ed9i \u0111\u1ecba)<\/td><td>8% m\u1ed7i n\u0103m (t\u0103ng tr\u01b0\u1edfng 18% trong xu\u1ea5t kh\u1ea9u v\u00e0 6% trong th\u1ecb tr\u01b0\u1eddng qu\u1ed1c gia)<\/td><td>3% m\u1ed7i n\u0103m (duy tr\u00ec xu\u1ea5t kh\u1ea9u v\u00e0 co l\u1ea1i 2% trong th\u1ecb tr\u01b0\u1eddng n\u1ed9i \u0111\u1ecba)<\/td><\/tr><tr><td>Bi\u00ean EBITDA<\/td><td>M\u1edf r\u1ed9ng \u0111\u1ebfn 25% (l\u1ee3i \u00edch hi\u1ec7u qu\u1ea3 R$43 tri\u1ec7u v\u00e0 h\u1ed7n h\u1ee3p s\u1ea3n ph\u1ea9m cao c\u1ea5p)<\/td><td>Duy tr\u00ec \u1edf m\u1ee9c 20% (b\u00f9 \u0111\u1eafp m\u1ed9t ph\u1ea7n \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t v\u1edbi l\u1ee3i \u00edch quy m\u00f4)<\/td><td>Co l\u1ea1i \u0111\u1ebfn 15% (\u00e1p l\u1ef1c chi ph\u00ed v\u00e0 t\u0103ng c\u01b0\u1eddng c\u1ea1nh tranh qu\u1ed1c t\u1ebf)<\/td><\/tr><tr><td>T\u1ef7 l\u1ec7 chi tr\u1ea3<\/td><td>T\u0103ng l\u00ean 55% (ho\u00e0n th\u00e0nh chu k\u1ef3 \u0111\u1ea7u t\u01b0 v\u00e0 t\u1ea1o ti\u1ec1n m\u1eb7t m\u1ea1nh m\u1ebd)<\/td><td>\u1ed4n \u0111\u1ecbnh \u1edf m\u1ee9c 45% (c\u00e2n b\u1eb1ng gi\u1eefa th\u00f9 lao v\u00e0 t\u00e1i \u0111\u1ea7u t\u01b0)<\/td><td>Gi\u1ea3m xu\u1ed1ng 30% (\u01b0u ti\u00ean thanh kho\u1ea3n v\u00e0 c\u1ee7ng c\u1ed1 b\u1ea3ng c\u00e2n \u0111\u1ed1i)<\/td><\/tr><tr><td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c d\u1ef1 ki\u1ebfn<\/td><td>4.5% (t\u0103ng 41% so v\u1edbi trung b\u00ecnh l\u1ecbch s\u1eed)<\/td><td>3.3% (duy tr\u00ec g\u1ea7n v\u1edbi trung b\u00ecnh c\u1ee7a 3 n\u0103m qua)<\/td><td>2.0% (gi\u1ea3m \u0111\u00e1ng k\u1ec3 do \u00e1p l\u1ef1c th\u1ecb tr\u01b0\u1eddng)<\/td><\/tr><\/tbody><\/table><\/div><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c m\u00f4 ph\u1ecfng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n b\u1edfi nh\u00f3m ph\u00e2n t\u00edch c\u1ee7a Pocket Option, s\u1eed d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p Monte Carlo v\u1edbi 10.000 l\u1ea7n l\u1eb7p, ch\u1ec9 ra kh\u1ea3 n\u0103ng 67% cho k\u1ecbch b\u1ea3n c\u01a1 s\u1edf, 21% cho k\u1ecbch b\u1ea3n l\u1ea1c quan, v\u00e0 12% cho k\u1ecbch b\u1ea3n bi quan. \u0110i\u1ec1u quan tr\u1ecdng c\u1ea7n nh\u1ea5n m\u1ea1nh l\u00e0 k\u1ecbch b\u1ea3n c\u01a1 s\u1edf d\u1ef1 ki\u1ebfn t\u0103ng tr\u01b0\u1edfng trung b\u00ecnh h\u00e0ng n\u0103m 9.2% trong gi\u00e1 tr\u1ecb c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i t\u1eeb 2024-2027, c\u00f3 th\u1ec3 n\u00e2ng l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c l\u00ean 3.7% v\u00e0o cu\u1ed1i giai \u0111o\u1ea1n \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>M\u1ed9t y\u1ebfu t\u1ed1 kh\u00e1c bi\u1ec7t cho c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus th\u01b0\u1eddng b\u1ecb \u0111\u00e1nh gi\u00e1 th\u1ea5p b\u1edfi c\u00e1c nh\u00e0 ph\u00e2n t\u00edch th\u00f4ng th\u01b0\u1eddng l\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00f4ng ngh\u1ec7 blockchain \u0111\u1ed1i v\u1edbi qu\u1ea3n l\u00fd chu\u1ed7i cung \u1ee9ng c\u1ee7a c\u00f4ng ty. D\u1ef1 \u00e1n th\u00ed \u0111i\u1ec3m \u0111\u01b0\u1ee3c tri\u1ec3n khai v\u00e0o n\u0103m 2023 \u0111\u1ec3 truy xu\u1ea5t ngu\u1ed3n g\u1ed1c c\u00e1c th\u00e0nh ph\u1ea7n quan tr\u1ecdng \u0111\u00e3 gi\u1ea3m chi ph\u00ed logistics 8.3% v\u00e0 r\u00fat ng\u1eafn chu k\u1ef3 s\u1ea3n xu\u1ea5t 11 ng\u00e0y, nh\u1eefng c\u1ea3i ti\u1ebfn n\u00e0y s\u1ebd t\u00e1c \u0111\u1ed9ng t\u00edch c\u1ef1c \u0111\u1ebfn bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0, do \u0111\u00f3, kh\u1ea3 n\u0103ng ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c trong c\u00e1c chu k\u1ef3 ti\u1ebfp theo.<\/p><\/div>[cta_button text=\"\"]<div class='po-container po-container_width_article-sm'><h2 class='po-article-page__title'>K\u1ebft lu\u1eadn v\u00e0 khuy\u1ebfn ngh\u1ecb cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil<\/h2><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus \u0111\u1ea1i di\u1ec7n cho m\u1ed9t l\u1ef1a ch\u1ecdn chi\u1ebfn l\u01b0\u1ee3c cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u00ecm ki\u1ebfm l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng. V\u1edbi l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh 3.1% -- cao h\u01a1n l\u1ea1m ph\u00e1t d\u1ef1 ki\u1ebfn 2.8% cho n\u0103m 2025 -- c\u00e1c c\u1ed5 phi\u1ebfu n\u00e0y cung c\u1ea5p s\u1ef1 b\u1ea3o v\u1ec7 v\u1ed1n th\u1ef1c s\u1ef1 v\u1edbi ti\u1ec1m n\u0103ng gia t\u0103ng.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1ea3o th\u1ee7 (h\u1ed3 s\u01a1 r\u1ee7i ro th\u1ea5p), ch\u00fang t\u00f4i khuy\u1ebfn ngh\u1ecb ph\u00e2n b\u1ed5 gi\u1edbi h\u1ea1n 5-8% danh m\u1ee5c v\u00e0o c\u1ed5 phi\u1ebfu Taurus, l\u00fd t\u01b0\u1edfng th\u00f4ng qua c\u00e1c kho\u1ea3n \u0111\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng t\u1eeb R$500-1,000 s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c gi\u00e1 trung b\u00ecnh, b\u1ed5 sung v\u1edbi 50-60% v\u00e0o thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh v\u00e0 20-25% v\u00e0o REITs.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trung b\u00ecnh c\u00f3 th\u1ec3 xem x\u00e9t c\u00e1c v\u1ecb tr\u00ed 10-15% trong c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y v\u1edbi t\u00e1i \u0111\u1ea7u t\u01b0 t\u1ef1 \u0111\u1ed9ng \u0111\u01b0\u1ee3c chi ti\u1ebft trong b\u00e0i vi\u1ebft n\u00e0y, \u0111\u00e3 cung c\u1ea5p l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m 11.3% k\u1ec3 t\u1eeb n\u0103m 2019.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c h\u1ed3 s\u01a1 t\u00edch c\u1ef1c, chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u li\u00ean quan \u0111\u1ebfn vi\u1ec7c k\u1ebft h\u1ee3p m\u1ed9t v\u1ecb tr\u00ed c\u1ed1t l\u00f5i 15-20% v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng chi\u1ebfn thu\u1eadt trong c\u00e1c giai \u0111o\u1ea1n tr\u01b0\u1edbc c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 (th\u01b0\u1eddng t\u1ea1o ra m\u1ee9c t\u0103ng trung b\u00ecnh 4.2% trong hai tu\u1ea7n tr\u01b0\u1edbc khi c\u00f4ng b\u1ed1).<\/p><\/div><div class='po-container po-container_width_article-sm article-content po-article-page__text'><ul class='po-article-page-list'><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110a d\u1ea1ng h\u00f3a theo ng\u00e0nh, gi\u1edbi h\u1ea1n t\u1ed5ng ti\u1ebfp x\u00fac v\u1edbi ng\u00e0nh qu\u1ed1c ph\u00f2ng t\u1ed1i \u0111a 25% danh m\u1ee5c c\u1ed5 phi\u1ebfu c\u1ee7a b\u1ea1n<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u1ef1c hi\u1ec7n theo d\u00f5i h\u00e0ng qu\u00fd c\u00e1c ch\u1ec9 s\u1ed1 c\u01a1 b\u1ea3n: t\u1ef7 l\u1ec7 chi tr\u1ea3 d\u01b0\u1edbi 60%, kh\u1ea3 n\u0103ng chi tr\u1ea3 l\u00e3i tr\u00ean 3.0x, v\u00e0 n\u1ee3 r\u00f2ng\/EBITDA d\u01b0\u1edbi 2.5x<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp c\u00e1c quy t\u1eafc d\u1eebng l\u1ed7 r\u00f5 r\u00e0ng (khuy\u1ebfn ngh\u1ecb: 20% d\u01b0\u1edbi gi\u00e1 trung b\u00ecnh) v\u00e0 ch\u1ed1t l\u1eddi m\u1ed9t ph\u1ea7n (khuy\u1ebfn ngh\u1ecb: b\u00e1n 15% v\u1ecb tr\u00ed khi t\u0103ng gi\u00e1 \u0111\u1ea1t 40%)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Duy tr\u00ec m\u1ed9t d\u1ef1 tr\u1eef chi\u1ebfn l\u01b0\u1ee3c t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 15% ph\u00e2n b\u1ed5 c\u1ee7a b\u1ea1n v\u00e0o Taurus \u0111\u1ec3 t\u1eadn d\u1ee5ng c\u00e1c \u0111\u1ee3t gi\u1ea3m m\u1ea1nh (tr\u00ean 15% trong c\u00e1c giai \u0111o\u1ea1n l\u00ean \u0111\u1ebfn 30 ng\u00e0y)<\/li><li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 c\u1ea3nh b\u00e1o c\u1ee7a Pocket Option \u0111\u1ec3 theo d\u00f5i t\u1ef1 \u0111\u1ed9ng th\u00f4ng tin li\u00ean quan, v\u1edbi th\u00f4ng b\u00e1o th\u1eddi gian th\u1ef1c v\u1ec1 c\u00e1c s\u1ef1 ki\u1ec7n quan tr\u1ecdng<\/li><\/ul><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>Pocket Option cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil m\u1ed9t b\u1ed9 t\u00e0i nguy\u00ean chuy\u00ean bi\u1ec7t ho\u00e0n ch\u1ec9nh \u0111\u1ec3 t\u1ed1i \u01b0u h\u00f3a c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c, bao g\u1ed3m: c\u00f4ng c\u1ee5 theo d\u00f5i c\u1ed5 t\u1ee9c v\u1edbi l\u1ecbch s\u1eed chi ti\u1ebft t\u1eeb n\u0103m 2015, tr\u00ecnh m\u00f4 ph\u1ecfng danh m\u1ee5c v\u1edbi c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 kh\u00e1c nhau, m\u00e1y t\u00ednh t\u00e1i \u0111\u1ea7u t\u01b0 v\u1edbi c\u00e1c d\u1ef1 b\u00e1o t\u00f9y ch\u1ec9nh, v\u00e0 c\u1ea3nh b\u00e1o t\u1ef1 \u0111\u1ed9ng cho c\u00e1c ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c v\u00e0 c\u00f4ng b\u1ed1 c\u00f4ng ty.<\/p><\/div><div class='po-container po-container_width_article-sm'><p class='po-article-page__text'>B\u1eb1ng c\u00e1ch th\u1ef1c hi\u1ec7n c\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 c\u1ea5u tr\u00fac n\u00e0y \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil c\u00f3 th\u1ec3 x\u00e2y d\u1ef1ng m\u1ed9t ngu\u1ed3n thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh k\u1ebft h\u1ee3p b\u1ea3o v\u1ec7 ch\u1ed1ng l\u1ea1m ph\u00e1t, hi\u1ec7u qu\u1ea3 thu\u1ebf, v\u00e0 ti\u1ebfp x\u00fac v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a m\u1ed9t ng\u00e0nh chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a n\u1ec1n kinh t\u1ebf qu\u1ed1c gia. Theo d\u00f5i li\u00ean t\u1ee5c c\u00e1c ch\u1ec9 s\u1ed1 c\u01a1 b\u1ea3n v\u00e0 th\u00edch \u1ee9ng nhanh ch\u00f3ng v\u1edbi c\u00e1c thay \u0111\u1ed5i trong k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 l\u00e0 c\u00e1c y\u1ebfu t\u1ed1 quan tr\u1ecdng \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a ti\u1ec1m n\u0103ng c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c n\u00e0y trong nh\u1eefng n\u0103m t\u1edbi.<\/p><\/div>","body_html_source":{"label":"Body HTML","type":"wysiwyg","formatted_value":"<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>To\u00e0n c\u1ea3nh hi\u1ec7n t\u1ea1i c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n Brazil ghi nh\u1eadn m\u1ee9c t\u0103ng 23% trong giao d\u1ecbch c\u1ed5 phi\u1ebfu c\u1ee7a c\u00e1c c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c trong qu\u00fd \u0111\u1ea7u ti\u00ean c\u1ee7a n\u0103m 2024. Trong s\u1ed1 c\u00e1c c\u00f4ng ty n\u00e0y, Taurus Armas S.A. (TASA3, TASA4) n\u1ed5i b\u1eadt v\u1edbi m\u1ee9c t\u0103ng 17% v\u1ec1 kh\u1ed1i l\u01b0\u1ee3ng giao d\u1ecbch, thu h\u00fat c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 kh\u00f4ng ch\u1ec9 t\u00ecm ki\u1ebfm s\u1ef1 gia t\u0103ng v\u1ed1n m\u00e0 c\u00f2n thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh v\u01b0\u1ee3t qu\u00e1 CDI 0,8 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong n\u0103m qua.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>N\u0103m 2024, ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus \u0111\u00e3 \u0111\u01b0\u1ee3c c\u1ea3i t\u1ed5 v\u1edbi ba thay \u0111\u1ed5i quan tr\u1ecdng: t\u0103ng t\u1ef7 l\u1ec7 chi tr\u1ea3 t\u1ed1i thi\u1ec3u t\u1eeb 25% l\u00ean 35%, th\u1ef1c hi\u1ec7n thanh to\u00e1n n\u1eeda n\u0103m thay v\u00ec h\u00e0ng n\u0103m, v\u00e0 t\u1ea1o ra ch\u01b0\u01a1ng tr\u00ecnh c\u1ed5 t\u1ee9c \u0111\u1eb7c bi\u1ec7t li\u00ean k\u1ebft v\u1edbi vi\u1ec7c \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau xu\u1ea5t kh\u1ea9u. V\u1edbi d\u1ef1 b\u00e1o l\u00e3i su\u1ea5t Selic gi\u1ea3m t\u1eeb 10,50% xu\u1ed1ng 9,25% v\u00e0o th\u00e1ng 12, c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c c\u1ee7a Taurus mang l\u1ea1i l\u1ee3i th\u1ebf c\u1ea1nh tranh so v\u1edbi tr\u00e1i phi\u1ebfu ch\u00ednh ph\u1ee7, \u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 t\u1ea7m nh\u00ecn h\u01a1n 24 th\u00e1ng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Pocket Option, m\u1ed9t n\u1ec1n t\u1ea3ng ph\u1ee5c v\u1ee5 h\u01a1n 315.000 nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil, \u0111\u00e3 x\u00e1c \u0111\u1ecbnh s\u1ef1 gia t\u0103ng 42% trong c\u00e1c y\u00eau c\u1ea7u v\u1ec1 chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c trong s\u00e1u th\u00e1ng qua. C\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c c\u1ee7a Taurus, s\u1ef1 quan t\u00e2m \u0111\u00e3 t\u0103ng 28%, ph\u1ea3n \u00e1nh s\u1ef1 thay \u0111\u1ed5i \u0111\u00e1ng k\u1ec3 trong h\u1ed3 s\u01a1 c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trong n\u01b0\u1edbc t\u00ecm c\u00e1ch b\u1ea3o v\u1ec7 t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd kh\u1ecfi s\u1ef1 bi\u1ebfn \u0111\u1ed9ng v\u1edbi d\u00f2ng ti\u1ec1n d\u1ef1 \u0111o\u00e1n trong m\u1ed9t m\u00f4i tr\u01b0\u1eddng kinh t\u1ebf m\u00e0 GDP d\u1ef1 ki\u1ebfn ch\u1ec9 t\u0103ng 2,2% v\u00e0o n\u0103m 2024.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>L\u1ecbch s\u1eed v\u00e0 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u1ed5 t\u1ee9c Taurus<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 \u0111\u00e1nh gi\u00e1 ti\u1ec1m n\u0103ng th\u1ef1c s\u1ef1 c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, ch\u00fang t\u00f4i \u0111\u00e3 ph\u00e2n t\u00edch l\u1ecbch s\u1eed ph\u00e2n ph\u1ed1i chi ti\u1ebft t\u1eeb n\u0103m 2020, m\u1ed9t giai \u0111o\u1ea1n tr\u00f9ng v\u1edbi vi\u1ec7c t\u00e1i c\u1ea5u tr\u00fac t\u00e0i ch\u00ednh v\u00e0 ho\u1ea1t \u0111\u1ed9ng c\u1ee7a c\u00f4ng ty sau khi thay \u0111\u1ed5i qu\u1ea3n tr\u1ecb c\u00f4ng ty v\u00e0 th\u1ef1c hi\u1ec7n k\u1ebf ho\u1ea1ch chi\u1ebfn l\u01b0\u1ee3c m\u1edbi t\u1eadp trung v\u00e0o hi\u1ec7u qu\u1ea3 s\u1ea3n xu\u1ea5t v\u00e0 m\u1edf r\u1ed9ng qu\u1ed1c t\u1ebf.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>N\u0103m<\/th>\n<th>C\u1ed5 t\u1ee9c tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu (R$)<\/th>\n<th>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c<\/th>\n<th>Ng\u00e0y thanh to\u00e1n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2020<\/td>\n<td>0.12<\/td>\n<td>1.8%<\/td>\n<td>15\/04\/2021<\/td>\n<\/tr>\n<tr>\n<td>2021<\/td>\n<td>0.25<\/td>\n<td>2.7%<\/td>\n<td>12\/05\/2022<\/td>\n<\/tr>\n<tr>\n<td>2022<\/td>\n<td>0.42<\/td>\n<td>3.5%<\/td>\n<td>18\/04\/2023<\/td>\n<\/tr>\n<tr>\n<td>2023<\/td>\n<td>0.38<\/td>\n<td>3.2%<\/td>\n<td>10\/05\/2024<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1eef li\u1ec7u l\u1ecbch s\u1eed cho th\u1ea5y m\u1ee9c t\u0103ng \u1ea5n t\u01b0\u1ee3ng 108% trong c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i b\u1edfi Taurus t\u1eeb n\u0103m 2020 \u0111\u1ebfn 2022 (t\u1eeb R$0.12 l\u00ean R$0.42), v\u01b0\u1ee3t qu\u00e1 m\u1ee9c trung b\u00ecnh c\u1ee7a ng\u00e0nh qu\u1ed1c ph\u00f2ng Brazil 35%. S\u1ef1 gi\u1ea3m nh\u1eb9 9,5% v\u00e0o n\u0103m 2023 (R$0.38) ph\u1ea3n \u00e1nh c\u00e1c \u0111i\u1ec1u ch\u1ec9nh chi\u1ebfn l\u01b0\u1ee3c sau khi c\u00f4ng ty \u0111\u1ea7u t\u01b0 R$78 tri\u1ec7u v\u00e0o vi\u1ec7c m\u1edf r\u1ed9ng nh\u00e0 m\u00e1y c\u00f4ng nghi\u1ec7p t\u1ea1i S\u00e3o Leopoldo, m\u00e0 kh\u00f4ng \u1ea3nh h\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 \u0111\u1ebfn vi\u1ec7c tr\u1ea3 th\u00f9 lao cho c\u1ed5 \u0111\u00f4ng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt t\u1eeb Pocket Option cho th\u1ea5y r\u1eb1ng c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 mua c\u1ed5 phi\u1ebfu Taurus v\u00e0o \u0111\u1ea7u n\u0103m 2020 v\u00e0 t\u00e1i \u0111\u1ea7u t\u01b0 t\u1ea5t c\u1ea3 c\u1ed5 t\u1ee9c \u0111\u00e3 \u0111\u1ea1t \u0111\u01b0\u1ee3c t\u1ed5ng l\u1ee3i nhu\u1eadn 142% v\u00e0o th\u00e1ng 5 n\u0103m 2024, cao h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi Ibovespa 93% trong c\u00f9ng k\u1ef3. Hi\u1ec7u su\u1ea5t n\u00e0y \u0111\u1eb7t c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u00e0o top 15% t\u00e0i s\u1ea3n c\u00f3 t\u1ef7 l\u1ec7 r\u1ee7i ro-l\u1ee3i nhu\u1eadn t\u1ed1t nh\u1ea5t tr\u00ean B3 trong giai \u0111o\u1ea1n b\u1ed1n n\u0103m \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>C\u00e1c y\u1ebfu t\u1ed1 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u1ed5 t\u1ee9c Taurus<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ch\u00fang t\u00f4i \u0111\u00e3 x\u00e1c \u0111\u1ecbnh n\u0103m y\u1ebfu t\u1ed1 quy\u1ebft \u0111\u1ecbnh \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn kh\u1ea3 n\u0103ng ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus, \u0111\u1ecbnh l\u01b0\u1ee3ng t\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00fang d\u1ef1a tr\u00ean d\u1eef li\u1ec7u l\u1ecbch s\u1eed t\u1eeb 2020-2024. Ph\u00e2n t\u00edch n\u00e0y l\u00e0 c\u01a1 b\u1ea3n \u0111\u1ec3 d\u1ef1 \u0111o\u00e1n ch\u00ednh x\u00e1c h\u01a1n h\u00e0nh vi t\u01b0\u01a1ng lai c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus:<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Hi\u1ec7u su\u1ea5t ho\u1ea1t \u0111\u1ed9ng v\u00e0 bi\u00ean l\u1ee3i nhu\u1eadn (t\u00e1c \u0111\u1ed9ng cao: m\u1ed7i 1% t\u0103ng trong bi\u00ean EBITDA d\u1eabn \u0111\u1ebfn t\u0103ng 2,3% trong c\u1ed5 t\u1ee9c t\u1eeb 2020-2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Quy \u0111\u1ecbnh ng\u00e0nh v\u0169 kh\u00ed (t\u00e1c \u0111\u1ed9ng quan tr\u1ecdng: ngh\u1ecb \u0111\u1ecbnh t\u1ed5ng th\u1ed1ng 10.627\/2021 \u0111\u00e3 th\u00fac \u0111\u1ea9y doanh s\u1ed1 n\u1ed9i \u0111\u1ecba t\u0103ng 32%, n\u00e2ng cao ti\u1ec1m n\u0103ng c\u1ed5 t\u1ee9c)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Xu\u1ea5t kh\u1ea9u sang c\u00e1c th\u1ecb tr\u01b0\u1eddng chi\u1ebfn l\u01b0\u1ee3c (t\u00e1c \u0111\u1ed9ng trung b\u00ecnh-cao: h\u1ee3p \u0111\u1ed3ng v\u1edbi M\u1ef9 chi\u1ebfm 45% doanh thu n\u0103m 2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Ch\u00ednh s\u00e1ch \u0111\u1ea7u t\u01b0 (t\u00e1c \u0111\u1ed9ng trung b\u00ecnh: R$120 tri\u1ec7u \u0111\u01b0\u1ee3c ph\u00e2n b\u1ed5 cho m\u1edf r\u1ed9ng t\u1ea1m th\u1eddi gi\u1ea3m t\u1ef7 l\u1ec7 chi tr\u1ea3 5% v\u00e0o n\u0103m 2023)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u1ea5u tr\u00fac v\u1ed1n v\u00e0 m\u1ee9c n\u1ee3 (t\u00e1c \u0111\u1ed9ng th\u1ea5p hi\u1ec7n t\u1ea1i: t\u1ef7 l\u1ec7 n\u1ee3\/EBITDA l\u00e0 1.2x cho ph\u00e9p duy tr\u00ec ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c)<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1ed9t l\u1ee3i th\u1ebf c\u1ea1nh tranh cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u1eadp trung v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus l\u00e0 s\u1ef1 mi\u1ec5n thu\u1ebf hi\u1ec7n t\u1ea1i. V\u1edbi thu\u1ebf su\u1ea5t b\u1eb1ng kh\u00f4ng \u0111\u1ed1i v\u1edbi c\u1ed5 t\u1ee9c cho c\u00e1 nh\u00e2n, m\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c R$10,000 h\u00e0ng n\u0103m t\u1eeb c\u1ed5 t\u1ee9c Taurus s\u1ebd gi\u1eef nguy\u00ean s\u1ed1 ti\u1ec1n n\u00e0y, trong khi c\u00f9ng s\u1ed1 ti\u1ec1n trong thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh s\u1ebd t\u1ea1o ra kho\u1ea3ng R$8,500 sau thu\u1ebf thu nh\u1eadp (xem x\u00e9t m\u1ee9c thu\u1ebf 15% cho c\u00e1c \u1ee9ng d\u1ee5ng v\u01b0\u1ee3t qu\u00e1 721 ng\u00e0y).<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Ph\u00e2n t\u00edch so s\u00e1nh: Taurus so v\u1edbi c\u00e1c c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00e1c \u1edf Brazil<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ec3 x\u00e1c \u0111\u1ecbnh v\u1ecb tr\u00ed chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng Brazil, ch\u00fang t\u00f4i \u0111\u00e3 th\u1ef1c hi\u1ec7n ph\u00e2n t\u00edch so s\u00e1nh v\u1edbi c\u00e1c c\u00f4ng ty truy\u1ec1n th\u1ed1ng tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00e1c, kh\u00f4ng ch\u1ec9 xem x\u00e9t l\u1ee3i su\u1ea5t hi\u1ec7n t\u1ea1i m\u00e0 c\u00f2n c\u1ea3 t\u00ednh b\u1ec1n v\u1eefng v\u00e0 kh\u1ea3 n\u0103ng d\u1ef1 \u0111o\u00e1n c\u1ee7a c\u00e1c kho\u1ea3n thanh to\u00e1n.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>C\u00f4ng ty<\/th>\n<th>Ng\u00e0nh<\/th>\n<th>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh (3 n\u0103m)<\/th>\n<th>Bi\u1ebfn \u0111\u1ed9ng<\/th>\n<th>T\u1ef7 l\u1ec7 chi tr\u1ea3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Taurus<\/td>\n<td>V\u0169 kh\u00ed v\u00e0 Qu\u1ed1c ph\u00f2ng<\/td>\n<td>3.1%<\/td>\n<td>Cao (26.4%)<\/td>\n<td>45%<\/td>\n<\/tr>\n<tr>\n<td>Taesa<\/td>\n<td>N\u0103ng l\u01b0\u1ee3ng<\/td>\n<td>7.8%<\/td>\n<td>Th\u1ea5p (14.2%)<\/td>\n<td>85%<\/td>\n<\/tr>\n<tr>\n<td>Ita\u00fa Unibanco<\/td>\n<td>T\u00e0i ch\u00ednh<\/td>\n<td>5.2%<\/td>\n<td>Trung b\u00ecnh (19.5%)<\/td>\n<td>40%<\/td>\n<\/tr>\n<tr>\n<td>Petrobras<\/td>\n<td>D\u1ea7u kh\u00ed<\/td>\n<td>9.6%<\/td>\n<td>Cao (31.7%)<\/td>\n<td>60%<\/td>\n<\/tr>\n<tr>\n<td>Vale<\/td>\n<td>Khai th\u00e1c<\/td>\n<td>8.3%<\/td>\n<td>Cao (28.9%)<\/td>\n<td>55%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ph\u00e2n t\u00edch so s\u00e1nh cho th\u1ea5y Taurus cung c\u1ea5p s\u1ef1 c\u00e2n b\u1eb1ng chi\u1ebfn l\u01b0\u1ee3c gi\u1eefa l\u1ee3i su\u1ea5t ngay l\u1eadp t\u1ee9c (3.1%) v\u00e0 ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng trong t\u01b0\u01a1ng lai. V\u1edbi t\u1ef7 l\u1ec7 chi tr\u1ea3 45% &#8212; th\u1ea5p h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi Taesa (85%) v\u00e0 Petrobras (60%) &#8212; c\u00f4ng ty gi\u1eef l\u1ea1i \u0111\u1ee7 v\u1ed1n \u0111\u1ec3 t\u00e0i tr\u1ee3 cho vi\u1ec7c m\u1edf r\u1ed9ng, \u0111i\u1ec1u n\u00e0y c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn t\u0103ng c\u1ed5 t\u1ee9c trong c\u00e1c chu k\u1ef3 ti\u1ebfp theo. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u00ecm c\u00e1ch x\u00e2y d\u1ef1ng m\u1ed9t danh m\u1ee5c c\u00e2n b\u1eb1ng, vi\u1ec7c ph\u00e2n b\u1ed5 10-15% v\u00e0o Taurus k\u1ebft h\u1ee3p v\u1edbi 20-25% v\u00e0o c\u00e1c ti\u1ec7n \u00edch nh\u01b0 Taesa v\u00e0 15-20% v\u00e0o h\u00e0ng h\u00f3a nh\u01b0 Vale c\u00f3 th\u1ec3 t\u1ed1i \u01b0u h\u00f3a d\u00f2ng c\u1ed5 t\u1ee9c trong khi duy tr\u00ec s\u1ef1 ti\u1ebfp x\u00fac v\u1edbi c\u00e1c chu k\u1ef3 kinh t\u1ebf kh\u00e1c nhau.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1eef li\u1ec7u \u0111\u1ed9c quy\u1ec1n t\u1eeb Pocket Option cho th\u1ea5y r\u1eb1ng c\u00e1c danh m\u1ee5c v\u1edbi th\u00e0nh ph\u1ea7n n\u00e0y \u0111\u00e3 th\u1ec3 hi\u1ec7n s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a l\u1ee3i nhu\u1eadn ngay c\u1ea3 trong c\u00e1c giai \u0111o\u1ea1n bi\u1ebfn \u0111\u1ed9ng nh\u01b0 cu\u1ed9c kh\u1ee7ng ho\u1ea3ng \u0111\u1ea1i d\u1ecbch n\u0103m 2020, khi d\u00f2ng c\u1ed5 t\u1ee9c k\u1ebft h\u1ee3p ch\u1ec9 gi\u1ea3m 11%, so v\u1edbi m\u1ee9c gi\u1ea3m trung b\u00ecnh 27% cho th\u1ecb tr\u01b0\u1eddng Brazil n\u00f3i chung. H\u00e0nh vi n\u00e0y ch\u1ee9ng minh gi\u00e1 tr\u1ecb c\u1ee7a c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus nh\u01b0 m\u1ed9t th\u00e0nh ph\u1ea7n chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ec3 \u1ed5n \u0111\u1ecbnh l\u1ee3i nhu\u1eadn trong m\u1ed9t danh m\u1ee5c \u0111a d\u1ea1ng nh\u1eb1m t\u1ea1o ra thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng trong d\u00e0i h\u1ea1n.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1ef1a tr\u00ean ph\u00e2n t\u00edch h\u01a1n 5.000 danh m\u1ee5c kh\u00e1ch h\u00e0ng t\u1ea1i Pocket Option, ch\u00fang t\u00f4i \u0111\u00e3 x\u00e1c \u0111\u1ecbnh n\u0103m chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a l\u1ee3i nhu\u1eadn v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, m\u1ed7i chi\u1ebfn l\u01b0\u1ee3c \u0111\u01b0\u1ee3c \u0111i\u1ec1u ch\u1ec9nh cho c\u00e1c h\u1ed3 s\u01a1 r\u1ee7i ro v\u00e0 m\u1ee5c ti\u00eau t\u00e0i ch\u00ednh kh\u00e1c nhau c\u1ee7a c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h3 class='po-article-page__title'>Chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y d\u00e0i h\u1ea1n<\/h3>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 c\u1ea5u tr\u00fac n\u00e0y nh\u1eb1m x\u00e2y d\u1ef1ng m\u1ed9t v\u1ecb tr\u00ed v\u1eefng ch\u1eafc trong c\u1ed5 phi\u1ebfu Taurus trong 5-10 n\u0103m, v\u1edbi l\u1ee3i nhu\u1eadn d\u1ef1 ki\u1ebfn 7.2% m\u1ed7i n\u0103m (xem x\u00e9t s\u1ef1 gia t\u0103ng + c\u1ed5 t\u1ee9c). Chi\u1ebfn l\u01b0\u1ee3c n\u00e0y \u0111\u00e3 ch\u1ee9ng minh t\u1ea1o ra k\u1ebft qu\u1ea3 cao h\u01a1n 23% so v\u1edbi mua v\u00e0 gi\u1eef \u0111\u01a1n gi\u1ea3n cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 th\u1ef1c hi\u1ec7n n\u00f3 t\u1eeb n\u0103m 2018.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp c\u00e1c kho\u1ea3n \u0111\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng \u0111\u1ec1u \u0111\u1eb7n t\u1eeb 5-10% thu nh\u1eadp c\u00f3 s\u1eb5n c\u1ee7a b\u1ea1n cho \u0111\u1ea7u t\u01b0, \u01b0u ti\u00ean c\u00e1c l\u1ea7n nh\u1eadp b\u1ed5 sung khi P\/E c\u1ee7a Taurus d\u01b0\u1edbi 8 (x\u1ea3y ra trung b\u00ecnh 4 l\u1ea7n m\u1ed7i n\u0103m)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp t\u00e1i \u0111\u1ea7u t\u01b0 c\u1ed5 t\u1ee9c t\u1ef1 \u0111\u1ed9ng th\u00f4ng qua c\u00e1c l\u1ec7nh \u0111\u1ecbnh k\u1ef3 tr\u00ean n\u1ec1n t\u1ea3ng Pocket Option \u0111\u1ec3 mua trong 5 ng\u00e0y sau khi nh\u1eadn, khi gi\u00e1 th\u01b0\u1eddng gi\u1ea3m 2.3% sau thanh to\u00e1n<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Duy tr\u00ec h\u1ed3 s\u01a1 chi ti\u1ebft b\u1eb1ng c\u00e1ch s\u1eed d\u1ee5ng b\u1ea3ng theo d\u00f5i c\u00f3 s\u1eb5n tr\u00ean Pocket Option, c\u1ea7n thi\u1ebft cho vi\u1ec7c t\u00ednh to\u00e1n ch\u00ednh x\u00e1c chi ph\u00ed trung b\u00ecnh v\u00e0 \u0111\u00e1nh gi\u00e1 thu\u1ebf cu\u1ed1i c\u00f9ng trong tr\u01b0\u1eddng h\u1ee3p b\u00e1n<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110\u00e1nh gi\u00e1 l\u1ea1i v\u1ecb tr\u00ed c\u1ee7a b\u1ea1n h\u00e0ng qu\u00fd sau khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3, t\u0103ng c\u01b0\u1eddng ti\u1ebfp x\u00fac n\u1ebfu t\u1ef7 l\u1ec7 chi tr\u1ea3 v\u1eabn d\u01b0\u1edbi 50% v\u00e0 n\u1ee3 r\u00f2ng\/EBITDA d\u01b0\u1edbi 2.0x<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1c chuy\u00ean gia c\u1ee7a Pocket Option \u0111\u00e3 x\u00e1c minh r\u1eb1ng chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y c\u00f3 h\u1ec7 th\u1ed1ng n\u00e0y \u0111\u00e3 gi\u1ea3m t\u00e1c \u0111\u1ed9ng c\u1ee7a s\u1ef1 bi\u1ebfn \u0111\u1ed9ng 37% so v\u1edbi chi\u1ebfn l\u01b0\u1ee3c nh\u1eadp \u0111\u01a1n l\u1ebb, t\u1ea1o ra chi ph\u00ed mua trung b\u00ecnh th\u1ea5p h\u01a1n 12.4% cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 \u00e1p d\u1ee5ng n\u00f3 li\u00ean t\u1ee5c trong ba n\u0103m qua.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Horizon<\/th>\n<th>\u0110\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng<\/th>\n<th>L\u1ee3i su\u1ea5t trung b\u00ecnh d\u1ef1 ki\u1ebfn<\/th>\n<th>S\u1ed1 ti\u1ec1n d\u1ef1 ki\u1ebfn<\/th>\n<th>C\u1ed5 t\u1ee9c h\u00e0ng n\u0103m d\u1ef1 ki\u1ebfn<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>5 n\u0103m<\/td>\n<td>R$ 500<\/td>\n<td>3.1%<\/td>\n<td>R$ 33,847<\/td>\n<td>R$ 1,049 (R$ 87.42\/th\u00e1ng)<\/td>\n<\/tr>\n<tr>\n<td>10 n\u0103m<\/td>\n<td>R$ 500<\/td>\n<td>3.1%<\/td>\n<td>R$ 75,492<\/td>\n<td>R$ 2,340 (R$ 195.00\/th\u00e1ng)<\/td>\n<\/tr>\n<tr>\n<td>15 n\u0103m<\/td>\n<td>R$ 500<\/td>\n<td>3.1%<\/td>\n<td>R$ 127,840<\/td>\n<td>R$ 3,963 (R$ 330.25\/th\u00e1ng)<\/td>\n<\/tr>\n<tr>\n<td>20 n\u0103m<\/td>\n<td>R$ 500<\/td>\n<td>3.1%<\/td>\n<td>R$ 193,824<\/td>\n<td>R$ 6,009 (R$ 500.75\/th\u00e1ng)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1ef1 b\u00e1o b\u1ea3o th\u1ee7 n\u00e0y ch\u1ec9 xem x\u00e9t l\u1ee3i su\u1ea5t trung b\u00ecnh l\u1ecbch s\u1eed m\u00e0 kh\u00f4ng k\u1ebft h\u1ee3p c\u00e1c kh\u1ea3 n\u0103ng t\u0103ng c\u1ed5 t\u1ee9c ho\u1eb7c gia t\u0103ng gi\u00e1 c\u1ed5 phi\u1ebfu, cho th\u1ea5y c\u00e1ch c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 khi\u00eam t\u1ed1n v\u00e0 nh\u1ea5t qu\u00e1n v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus c\u00f3 th\u1ec3 t\u1ea1o ra d\u00f2ng thu nh\u1eadp \u0111\u00e1ng k\u1ec3 theo th\u1eddi gian.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>R\u1ee7i ro v\u00e0 c\u00e2n nh\u1eafc khi \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Taurus v\u1edbi tr\u1ecdng t\u00e2m l\u00e0 c\u1ed5 t\u1ee9c<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1ed9t ph\u00e2n t\u00edch th\u1ef1c t\u1ebf c\u1ea9n th\u1eadn v\u1ec1 c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus \u0111\u00f2i h\u1ecfi s\u1ef1 x\u00e1c \u0111\u1ecbnh v\u00e0 \u0111\u1ecbnh l\u01b0\u1ee3ng ch\u00ednh x\u00e1c c\u00e1c r\u1ee7i ro li\u00ean quan \u0111\u1ebfn kho\u1ea3n \u0111\u1ea7u t\u01b0 n\u00e0y, cho ph\u00e9p c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil th\u1ef1c hi\u1ec7n c\u00e1c bi\u1ec7n ph\u00e1p gi\u1ea3m thi\u1ec3u c\u1ee5 th\u1ec3:<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Lo\u1ea1i r\u1ee7i ro<\/th>\n<th>M\u00f4 t\u1ea3<\/th>\n<th>M\u1ee9c \u0111\u1ed9<\/th>\n<th>Gi\u1ea3m thi\u1ec3u<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>R\u1ee7i ro quy \u0111\u1ecbnh<\/td>\n<td>Thay \u0111\u1ed5i trong Lu\u1eadt Gi\u1ea3i tr\u1eeb V\u0169 kh\u00ed (Lu\u1eadt 10.826\/2003) ho\u1eb7c ch\u00ednh s\u00e1ch xu\u1ea5t kh\u1ea9u sang M\u1ef9 (\u0111\u00e3 x\u1ea3y ra 3 l\u1ea7n trong 5 n\u0103m qua, g\u00e2y bi\u1ebfn \u0111\u1ed9ng l\u00ean \u0111\u1ebfn 28% trong gi\u00e1 c\u1ed5 phi\u1ebfu)<\/td>\n<td>Cao (65% kh\u1ea3 n\u0103ng trong 2 n\u0103m t\u1edbi do b\u1ed1i c\u1ea3nh ch\u00ednh tr\u1ecb hi\u1ec7n t\u1ea1i)<\/td>\n<td>\u0110a d\u1ea1ng h\u00f3a ng\u00e0nh h\u1ea1n ch\u1ebf Taurus t\u1ed1i \u0111a 15% danh m\u1ee5c; thi\u1ebft l\u1eadp trailing stop 20% d\u01b0\u1edbi \u0111\u1ec9nh; theo d\u00f5i h\u00e0ng ng\u00e0y tin t\u1ee9c ng\u00e0nh qua c\u1ea3nh b\u00e1o Pocket Option<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro th\u1ecb tr\u01b0\u1eddng<\/td>\n<td>Bi\u1ebfn \u0111\u1ed9ng trung b\u00ecnh h\u00e0ng n\u0103m 26.4% trong 3 n\u0103m qua, v\u1edbi m\u1ee9c t\u1ed1i \u0111a 42% trong c\u0103ng th\u1eb3ng \u0111\u1ecba ch\u00ednh tr\u1ecb gi\u1eefa Nga v\u00e0 Ukraine v\u00e0o th\u00e1ng 2\/2022<\/td>\n<td>Trung b\u00ecnh-Cao (Beta 1.32 so v\u1edbi Ibovespa)<\/td>\n<td>Chi\u1ebfn l\u01b0\u1ee3c mua d\u1ea7n qua DCA (Dollar-Cost Averaging); ph\u00e2n b\u1ed5 c\u00e2n b\u1eb1ng v\u1edbi c\u00e1c t\u00e0i s\u1ea3n c\u00f3 t\u01b0\u01a1ng quan \u00e2m nh\u01b0 ti\u1ec7n \u00edch v\u00e0 thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh ch\u1ec9 s\u1ed1 l\u1ea1m ph\u00e1t<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro t\u00edn d\u1ee5ng<\/td>\n<td>Kh\u1ea3 n\u0103ng th\u1ef1c hi\u1ec7n c\u00e1c cam k\u1ebft t\u00e0i ch\u00ednh (n\u1ee3 hi\u1ec7n t\u1ea1i R$389 tri\u1ec7u v\u1edbi k\u1ef3 h\u1ea1n \u0111\u1ebfn n\u0103m 2028)<\/td>\n<td>Trung b\u00ecnh (x\u1ebfp h\u1ea1ng BB+ b\u1edfi Fitch v\u00e0o th\u00e1ng 12\/2023)<\/td>\n<td>Theo d\u00f5i h\u00e0ng qu\u00fd c\u00e1c ch\u1ec9 s\u1ed1: n\u1ee3 r\u00f2ng\/EBITDA (gi\u1edbi h\u1ea1n ch\u1ea5p nh\u1eadn: 2.5x), kh\u1ea3 n\u0103ng chi tr\u1ea3 l\u00e3i (t\u1ed1i thi\u1ec3u ch\u1ea5p nh\u1eadn: 3.0x)<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro c\u1ed5 t\u1ee9c<\/td>\n<td>Kh\u1ea3 n\u0103ng gi\u1ea3m thanh to\u00e1n (\u0111\u00e3 x\u1ea3y ra m\u1ed9t l\u1ea7n trong 4 n\u0103m qua, v\u1edbi gi\u1ea3m 9.5% v\u00e0o n\u0103m 2023)<\/td>\n<td>Trung b\u00ecnh (35% kh\u1ea3 n\u0103ng trong 12 th\u00e1ng t\u1edbi)<\/td>\n<td>\u0110a d\u1ea1ng h\u00f3a gi\u1eefa 4-6 c\u00f4ng ty tr\u1ea3 c\u1ed5 t\u1ee9c v\u1edbi c\u00e1c chu k\u1ef3 kh\u00e1c nhau; \u01b0u ti\u00ean c\u00e1c c\u00f4ng ty c\u00f3 l\u1ecbch s\u1eed thanh to\u00e1n nh\u1ea5t qu\u00e1n \u00edt nh\u1ea5t 5 n\u0103m<\/td>\n<\/tr>\n<tr>\n<td>R\u1ee7i ro thu\u1ebf<\/td>\n<td>C\u1ea3i c\u00e1ch thu\u1ebf \u0111\u1ec1 xu\u1ea5t \u0111ang \u0111\u01b0\u1ee3c th\u1ea3o lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i c\u00f3 th\u1ec3 \u00e1p d\u1ee5ng thu\u1ebf 15% tr\u00ean c\u1ed5 t\u1ee9c t\u1eeb n\u0103m 2026<\/td>\n<td>Trung b\u00ecnh-Cao (kh\u1ea3 n\u0103ng \u01b0\u1edbc t\u00ednh 70%)<\/td>\n<td>C\u1ea5u tr\u00fac qua c\u00e1c qu\u1ef9 \u0111\u1ea7u t\u01b0 \u0111\u1ed9c quy\u1ec1n; \u0111\u00e1nh gi\u00e1 \u0111\u1ecbnh k\u1ef3 hi\u1ec7u qu\u1ea3 thu\u1ebf c\u1ee7a danh m\u1ee5c; t\u01b0 v\u1ea5n v\u1edbi chuy\u00ean gia k\u1ebf to\u00e1n qua Pocket Option<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u1ea2nh h\u01b0\u1edfng ch\u00ednh tr\u1ecb \u0111\u1ebfn ng\u00e0nh qu\u1ed1c ph\u00f2ng \u1edf Brazil \u0111\u1ea1i di\u1ec7n cho m\u1ed9t y\u1ebfu t\u1ed1 ph\u1ee9c t\u1ea1p b\u1ed5 sung cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus. D\u1eef li\u1ec7u l\u1ecbch s\u1eed cho th\u1ea5y r\u1eb1ng thay \u0111\u1ed5i trong ch\u00ednh s\u00e1ch an ninh c\u00f4ng c\u1ed9ng \u0111\u00e3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn doanh thu c\u1ee7a c\u00f4ng ty 35% trong c\u00e1c giai \u0111o\u1ea1n chuy\u1ec3n giao ch\u00ednh ph\u1ee7, v\u1edbi t\u00e1c \u0111\u1ed9ng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i trong c\u00e1c n\u0103m ti\u1ebfp theo.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Theo d\u00f5i li\u00ean t\u1ee5c c\u00e1c y\u1ebfu t\u1ed1 n\u00e0y th\u00f4ng qua c\u00e1c c\u00f4ng c\u1ee5 ph\u00e2n t\u00edch c\u1ee7a Pocket Option cho ph\u00e9p th\u1ef1c hi\u1ec7n c\u00e1c \u0111i\u1ec1u ch\u1ec9nh ph\u00f2ng ng\u1eeba trong ph\u00e2n b\u1ed5, c\u00f3 th\u1ec3 b\u1ea3o to\u00e0n t\u1edbi 72% v\u1ed1n trong c\u00e1c k\u1ecbch b\u1ea3n b\u1ea5t l\u1ee3i, nh\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ee9ng minh trong cu\u1ed9c kh\u1ee7ng ho\u1ea3ng n\u0103m 2020, khi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 theo d\u00f5i c\u1ea3nh b\u00e1o s\u1edbm \u0111\u00e3 gi\u1ea3m \u0111\u00e1ng k\u1ec3 t\u1ed5n th\u1ea5t c\u1ee7a h\u1ecd.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt v\u00e0 th\u1eddi \u0111i\u1ec3m \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu Taurus<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1eb7c d\u00f9 chi\u1ebfn l\u01b0\u1ee3c c\u1ed5 t\u1ee9c c\u00f3 \u0111\u1ecbnh h\u01b0\u1edbng c\u01a1 b\u1ea3n v\u00e0 t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, t\u1ed1i \u01b0u h\u00f3a th\u1eddi \u0111i\u1ec3m v\u00e0o v\u00e0 ra th\u00f4ng qua ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt c\u00f3 th\u1ec3 t\u0103ng c\u01b0\u1eddng \u0111\u00e1ng k\u1ec3 k\u1ebft qu\u1ea3 v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, nh\u01b0 \u0111\u00e3 \u0111\u01b0\u1ee3c ch\u1ee9ng minh qua c\u00e1c th\u1eed nghi\u1ec7m v\u1edbi d\u1eef li\u1ec7u l\u1ecbch s\u1eed t\u1eeb 2018-2024.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>M\u1eabu h\u00ecnh t\u0103ng gi\u00e1 tr\u01b0\u1edbc c\u1ed5 t\u1ee9c: trong 21 ng\u00e0y tr\u01b0\u1edbc ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c, c\u1ed5 phi\u1ebfu Taurus \u0111\u00e3 cho th\u1ea5y m\u1ee9c t\u0103ng trung b\u00ecnh 4.8% trong 9 tr\u00ean 12 chu k\u1ef3 g\u1ea7n nh\u1ea5t, cung c\u1ea5p c\u01a1 h\u1ed9i cho c\u00e1c chi\u1ebfn l\u01b0\u1ee3c giao d\u1ecbch ng\u1eafn h\u1ea1n b\u1ed5 sung<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>V\u00f9ng h\u1ed7 tr\u1ee3 quan tr\u1ecdng: \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh t\u1ea1i R$8.20, R$7.65, v\u00e0 R$6.90, c\u00e1c m\u1ee9c n\u00e0y tr\u00f9ng v\u1edbi c\u00e1c \u0111\u1ea3o chi\u1ec1u xu h\u01b0\u1edbng trong 78% c\u00e1c tr\u01b0\u1eddng h\u1ee3p k\u1ec3 t\u1eeb th\u00e1ng 1\/2022<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>C\u00e1c ch\u1ec9 b\u00e1o \u0111\u1ed9ng l\u01b0\u1ee3ng hi\u1ec7u qu\u1ea3 nh\u1ea5t: k\u1ebft h\u1ee3p RSI(14) d\u01b0\u1edbi 35 v\u1edbi MACD trong giao c\u1eaft t\u0103ng \u0111\u00e3 b\u00e1o hi\u1ec7u ch\u00ednh x\u00e1c 8 trong 10 c\u01a1 h\u1ed9i v\u00e0o t\u1ed1t nh\u1ea5t trong 3 n\u0103m qua<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>H\u00e0nh vi sau ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c: gi\u1ea3m trung b\u00ecnh 3.1% trong 5 ng\u00e0y sau ng\u00e0y kh\u00f4ng h\u01b0\u1edfng, t\u1ea1o c\u01a1 h\u1ed9i l\u1eadp tr\u00ecnh \u0111\u1ec3 c\u1ee7ng c\u1ed1 v\u1ecb tr\u00ed v\u1edbi gi\u00e1 chi\u1ebft kh\u1ea5u<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1c thu\u1eadt to\u00e1n \u0111\u1ed9c quy\u1ec1n c\u1ee7a Pocket Option ph\u00e2n t\u00edch h\u00e0nh vi gi\u00e1 tr\u01b0\u1edbc v\u00e0 sau c\u00e1c s\u1ef1 ki\u1ec7n c\u00f4ng ty c\u1ee7a Taurus \u0111\u00e3 x\u00e1c \u0111\u1ecbnh m\u1ed9t m\u1eabu h\u00ecnh t\u0103ng trung b\u00ecnh 11.2% trong 30 ng\u00e0y tr\u01b0\u1edbc khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 h\u00e0ng qu\u00fd, v\u1edbi \u0111\u1ed9 ch\u00ednh x\u00e1c 72% trong 12 l\u1ea7n c\u00f4ng b\u1ed1 g\u1ea7n nh\u1ea5t.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>S\u1ef1 ki\u1ec7n<\/th>\n<th>T\u00e1c \u0111\u1ed9ng l\u1ecbch s\u1eed l\u00ean gi\u00e1<\/th>\n<th>C\u01a1 h\u1ed9i c\u1ee5 th\u1ec3<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>C\u00f4ng b\u1ed1 c\u1ed5 t\u1ee9c<\/td>\n<td>T\u0103ng trung b\u00ecnh 7.3% trong 10 ng\u00e0y sau c\u00f4ng b\u1ed1 (quan s\u00e1t trong 8 tr\u00ean 10 c\u00f4ng b\u1ed1 g\u1ea7n nh\u1ea5t)<\/td>\n<td>Mua ph\u00f2ng ng\u1eeba 30 ng\u00e0y tr\u01b0\u1edbc ng\u00e0y c\u00f4ng b\u1ed1 c\u00f3 th\u1ec3 (th\u01b0\u1eddng l\u00e0 5-7 ng\u00e0y sau khi c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 h\u00e0ng n\u0103m)<\/td>\n<\/tr>\n<tr>\n<td>Ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c<\/td>\n<td>Gi\u1ea3m trung b\u00ecnh 3.1% trong ng\u00e0y \u0111\u1ea7u ti\u00ean, m\u1edf r\u1ed9ng \u0111\u1ebfn 4.6% trong 5 ng\u00e0y (90% x\u1ea3y ra)<\/td>\n<td>L\u1ec7nh mua l\u1eadp tr\u00ecnh theo ba m\u1ee9c: -1.5%, -3.0%, v\u00e0 -4.5% c\u1ee7a gi\u00e1 tr\u01b0\u1edbc ng\u00e0y kh\u00f4ng h\u01b0\u1edfng<\/td>\n<\/tr>\n<tr>\n<td>C\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3<\/td>\n<td>Bi\u1ebfn \u0111\u1ed9ng \u00b18.5% ng\u00e0y ti\u1ebfp theo, v\u1edbi xu h\u01b0\u1edbng x\u00e1c \u0111\u1ecbnh trong 3 ng\u00e0y<\/td>\n<td>Chi\u1ebfn l\u01b0\u1ee3c quy\u1ec1n ch\u1ecdn b\u1ea3o th\u1ee7 s\u1eed d\u1ee5ng c\u1ea5u tr\u00fac collar \u0111\u1ec3 b\u1ea3o v\u1ec7; ph\u00e2n t\u00edch b\u1ea3ng c\u00e2n \u0111\u1ed1i trong 2 gi\u1edd qua c\u00e1c c\u00f4ng c\u1ee5 Pocket Option<\/td>\n<\/tr>\n<tr>\n<td>C\u00f4ng b\u1ed1 quy \u0111\u1ecbnh<\/td>\n<td>Chuy\u1ec3n \u0111\u1ed9ng nhanh 12-15% trong 48h, sau \u0111\u00f3 l\u00e0 h\u1ee3p nh\u1ea5t<\/td>\n<td>Theo d\u00f5i th\u1eddi gian th\u1ef1c c\u00e1c c\u00f4ng b\u1ed1 trong C\u00f4ng b\u00e1o v\u00e0 c\u00e1c k\u00eanh ch\u00ednh th\u1ee9c; thi\u1ebft l\u1eadp ph\u00f2ng ng\u1eeba gi\u1edbi h\u1ea1n l\u1ed7 t\u1ed1i \u0111a 10% c\u1ee7a v\u1ecb tr\u00ed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1ed9t chi\u1ebfn l\u01b0\u1ee3c lai \u0111\u1eb7c bi\u1ec7t hi\u1ec7u qu\u1ea3 cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil k\u1ebft h\u1ee3p v\u1ecb tr\u00ed c\u1ed1t l\u00f5i trong c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng chi\u1ebfn thu\u1eadt trong c\u00e1c giai \u0111o\u1ea1n tr\u01b0\u1edbc c\u00f4ng b\u1ed1, t\u00e1i \u0111\u1ea7u t\u01b0 l\u1ee3i nhu\u1eadn t\u1eeb c\u00e1c ho\u1ea1t \u0111\u1ed9ng ng\u1eafn h\u1ea1n \u0111\u1ec3 m\u1edf r\u1ed9ng c\u01a1 s\u1edf t\u1ea1o c\u1ed5 t\u1ee9c. C\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y, \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 &#8220;Enhanced Dividends&#8221; b\u1edfi nh\u00f3m ph\u00e2n t\u00edch c\u1ee7a Pocket Option, \u0111\u00e3 cung c\u1ea5p m\u1ee9c t\u0103ng trung b\u00ecnh 2.8 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u0111\u00e3 th\u1ef1c hi\u1ec7n n\u00f3 m\u1ed9t c\u00e1ch nh\u1ea5t qu\u00e1n.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>Tri\u1ec3n v\u1ecdng t\u01b0\u01a1ng lai cho c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Ph\u00e2n t\u00edch tri\u1ec3n v\u1ecdng c\u1ee7a ch\u00fang t\u00f4i v\u1ec1 c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus cho giai \u0111o\u1ea1n 2024-2027 d\u1ef1a tr\u00ean m\u00f4 h\u00ecnh \u0111\u1ecbnh l\u01b0\u1ee3ng k\u1ebft h\u1ee3p 23 bi\u1ebfn s\u1ed1 ch\u00ednh, bao g\u1ed3m d\u1ef1 b\u00e1o t\u0103ng tr\u01b0\u1edfng ng\u00e0nh, ph\u00e2n t\u00edch danh m\u1ee5c s\u1ea3n ph\u1ea9m c\u1ee7a c\u00f4ng ty, \u01b0\u1edbc t\u00ednh th\u1ecb ph\u1ea7n v\u00e0 s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a ch\u00ednh s\u00e1ch ti\u1ec1n t\u1ec7 Brazil.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 R$157 tri\u1ec7u \u0111\u01b0\u1ee3c Taurus c\u00f4ng b\u1ed1 cho giai \u0111o\u1ea1n 2024-2025 ch\u1ee7 y\u1ebfu nh\u1eafm v\u00e0o ba s\u00e1ng ki\u1ebfn chi\u1ebfn l\u01b0\u1ee3c: m\u1edf r\u1ed9ng c\u00f4ng su\u1ea5t s\u1ea3n xu\u1ea5t 28% t\u1ea1i nh\u00e0 m\u00e1y S\u00e3o Leopoldo-RS, tri\u1ec3n khai c\u00f4ng ngh\u1ec7 t\u1ef1 \u0111\u1ed9ng h\u00f3a c\u00f4ng nghi\u1ec7p ti\u00ean ti\u1ebfn c\u00f3 th\u1ec3 gi\u1ea3m chi ph\u00ed ho\u1ea1t \u0111\u1ed9ng 13.5%, v\u00e0 ph\u00e1t tri\u1ec3n hai d\u00f2ng s\u1ea3n ph\u1ea9m m\u1edbi cho c\u00e1c ph\u00e2n kh\u00fac chi\u1ebfn thu\u1eadt cao c\u1ea5p v\u00e0 chuy\u00ean nghi\u1ec7p, v\u1edbi bi\u00ean l\u1ee3i nhu\u1eadn d\u1ef1 ki\u1ebfn cao h\u01a1n 7.2 \u0111i\u1ec3m ph\u1ea7n tr\u0103m so v\u1edbi hi\u1ec7n t\u1ea1i.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>D\u1ef1 b\u00e1o kinh t\u1ebf v\u0129 m\u00f4 ch\u1ec9 ra r\u1eb1ng chu k\u1ef3 gi\u1ea3m l\u00e3i su\u1ea5t Selic s\u1ebd k\u00e9o d\u00e0i \u0111\u1ebfn cu\u1ed1i n\u0103m 2025, \u0111\u1ea1t m\u1ee9c t\u1eeb 7.25% \u0111\u1ebfn 8.00%, m\u1ed9t k\u1ecbch b\u1ea3n m\u00e0 l\u1ecbch s\u1eed \u0111\u00e3 th\u00fac \u0111\u1ea9y nhu c\u1ea7u \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu tr\u1ea3 c\u1ed5 t\u1ee9c tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil. C\u1ee5 th\u1ec3 \u0111\u1ed1i v\u1edbi c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, m\u1ed7i l\u1ea7n gi\u1ea3m 0.5 \u0111i\u1ec3m ph\u1ea7n tr\u0103m trong Selic c\u00f3 t\u01b0\u01a1ng quan v\u1edbi m\u1ee9c t\u0103ng trung b\u00ecnh 1.8% trong 30 ng\u00e0y ti\u1ebfp theo, theo c\u00e1c ph\u00e9p \u0111o t\u1eeb 2016-2023.<\/p>\n<\/div>\n<div class='po-container po-container_width_article po-article-page__table'>\n<div class='po-table'>\n<table>\n<thead>\n<tr>\n<th>Y\u1ebfu t\u1ed1<\/th>\n<th>K\u1ecbch b\u1ea3n l\u1ea1c quan<\/th>\n<th>K\u1ecbch b\u1ea3n c\u01a1 s\u1edf<\/th>\n<th>K\u1ecbch b\u1ea3n bi quan<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>T\u0103ng tr\u01b0\u1edfng doanh thu<\/td>\n<td>12% m\u1ed7i n\u0103m (\u0111\u01b0\u1ee3c th\u00fac \u0111\u1ea9y b\u1edfi m\u1edf r\u1ed9ng 35% trong xu\u1ea5t kh\u1ea9u v\u00e0 15% trong th\u1ecb tr\u01b0\u1eddng n\u1ed9i \u0111\u1ecba)<\/td>\n<td>8% m\u1ed7i n\u0103m (t\u0103ng tr\u01b0\u1edfng 18% trong xu\u1ea5t kh\u1ea9u v\u00e0 6% trong th\u1ecb tr\u01b0\u1eddng qu\u1ed1c gia)<\/td>\n<td>3% m\u1ed7i n\u0103m (duy tr\u00ec xu\u1ea5t kh\u1ea9u v\u00e0 co l\u1ea1i 2% trong th\u1ecb tr\u01b0\u1eddng n\u1ed9i \u0111\u1ecba)<\/td>\n<\/tr>\n<tr>\n<td>Bi\u00ean EBITDA<\/td>\n<td>M\u1edf r\u1ed9ng \u0111\u1ebfn 25% (l\u1ee3i \u00edch hi\u1ec7u qu\u1ea3 R$43 tri\u1ec7u v\u00e0 h\u1ed7n h\u1ee3p s\u1ea3n ph\u1ea9m cao c\u1ea5p)<\/td>\n<td>Duy tr\u00ec \u1edf m\u1ee9c 20% (b\u00f9 \u0111\u1eafp m\u1ed9t ph\u1ea7n \u00e1p l\u1ef1c l\u1ea1m ph\u00e1t v\u1edbi l\u1ee3i \u00edch quy m\u00f4)<\/td>\n<td>Co l\u1ea1i \u0111\u1ebfn 15% (\u00e1p l\u1ef1c chi ph\u00ed v\u00e0 t\u0103ng c\u01b0\u1eddng c\u1ea1nh tranh qu\u1ed1c t\u1ebf)<\/td>\n<\/tr>\n<tr>\n<td>T\u1ef7 l\u1ec7 chi tr\u1ea3<\/td>\n<td>T\u0103ng l\u00ean 55% (ho\u00e0n th\u00e0nh chu k\u1ef3 \u0111\u1ea7u t\u01b0 v\u00e0 t\u1ea1o ti\u1ec1n m\u1eb7t m\u1ea1nh m\u1ebd)<\/td>\n<td>\u1ed4n \u0111\u1ecbnh \u1edf m\u1ee9c 45% (c\u00e2n b\u1eb1ng gi\u1eefa th\u00f9 lao v\u00e0 t\u00e1i \u0111\u1ea7u t\u01b0)<\/td>\n<td>Gi\u1ea3m xu\u1ed1ng 30% (\u01b0u ti\u00ean thanh kho\u1ea3n v\u00e0 c\u1ee7ng c\u1ed1 b\u1ea3ng c\u00e2n \u0111\u1ed1i)<\/td>\n<\/tr>\n<tr>\n<td>L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c d\u1ef1 ki\u1ebfn<\/td>\n<td>4.5% (t\u0103ng 41% so v\u1edbi trung b\u00ecnh l\u1ecbch s\u1eed)<\/td>\n<td>3.3% (duy tr\u00ec g\u1ea7n v\u1edbi trung b\u00ecnh c\u1ee7a 3 n\u0103m qua)<\/td>\n<td>2.0% (gi\u1ea3m \u0111\u00e1ng k\u1ec3 do \u00e1p l\u1ef1c th\u1ecb tr\u01b0\u1eddng)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1c m\u00f4 ph\u1ecfng \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n b\u1edfi nh\u00f3m ph\u00e2n t\u00edch c\u1ee7a Pocket Option, s\u1eed d\u1ee5ng ph\u01b0\u01a1ng ph\u00e1p Monte Carlo v\u1edbi 10.000 l\u1ea7n l\u1eb7p, ch\u1ec9 ra kh\u1ea3 n\u0103ng 67% cho k\u1ecbch b\u1ea3n c\u01a1 s\u1edf, 21% cho k\u1ecbch b\u1ea3n l\u1ea1c quan, v\u00e0 12% cho k\u1ecbch b\u1ea3n bi quan. \u0110i\u1ec1u quan tr\u1ecdng c\u1ea7n nh\u1ea5n m\u1ea1nh l\u00e0 k\u1ecbch b\u1ea3n c\u01a1 s\u1edf d\u1ef1 ki\u1ebfn t\u0103ng tr\u01b0\u1edfng trung b\u00ecnh h\u00e0ng n\u0103m 9.2% trong gi\u00e1 tr\u1ecb c\u1ed5 t\u1ee9c \u0111\u01b0\u1ee3c ph\u00e2n ph\u1ed1i t\u1eeb 2024-2027, c\u00f3 th\u1ec3 n\u00e2ng l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c l\u00ean 3.7% v\u00e0o cu\u1ed1i giai \u0111o\u1ea1n \u0111\u01b0\u1ee3c ph\u00e2n t\u00edch.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>M\u1ed9t y\u1ebfu t\u1ed1 kh\u00e1c bi\u1ec7t cho c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus th\u01b0\u1eddng b\u1ecb \u0111\u00e1nh gi\u00e1 th\u1ea5p b\u1edfi c\u00e1c nh\u00e0 ph\u00e2n t\u00edch th\u00f4ng th\u01b0\u1eddng l\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u00f4ng ngh\u1ec7 blockchain \u0111\u1ed1i v\u1edbi qu\u1ea3n l\u00fd chu\u1ed7i cung \u1ee9ng c\u1ee7a c\u00f4ng ty. D\u1ef1 \u00e1n th\u00ed \u0111i\u1ec3m \u0111\u01b0\u1ee3c tri\u1ec3n khai v\u00e0o n\u0103m 2023 \u0111\u1ec3 truy xu\u1ea5t ngu\u1ed3n g\u1ed1c c\u00e1c th\u00e0nh ph\u1ea7n quan tr\u1ecdng \u0111\u00e3 gi\u1ea3m chi ph\u00ed logistics 8.3% v\u00e0 r\u00fat ng\u1eafn chu k\u1ef3 s\u1ea3n xu\u1ea5t 11 ng\u00e0y, nh\u1eefng c\u1ea3i ti\u1ebfn n\u00e0y s\u1ebd t\u00e1c \u0111\u1ed9ng t\u00edch c\u1ef1c \u0111\u1ebfn bi\u00ean l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng v\u00e0, do \u0111\u00f3, kh\u1ea3 n\u0103ng ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c trong c\u00e1c chu k\u1ef3 ti\u1ebfp theo.<\/p>\n<\/div>\n    <div class=\"po-container po-container_width_article\">\n        <a href=\"\/en\/quick-start\/\" class=\"po-line-banner po-article-page__line-banner\">\n            <svg class=\"svg-image po-line-banner__logo\" fill=\"currentColor\" width=\"auto\" height=\"auto\"\n                 aria-hidden=\"true\">\n                <use href=\"#svg-img-logo-white\"><\/use>\n            <\/svg>\n            <span class=\"po-line-banner__btn\"><\/span>\n        <\/a>\n    <\/div>\n    \n<div class='po-container po-container_width_article-sm'>\n<h2 class='po-article-page__title'>K\u1ebft lu\u1eadn v\u00e0 khuy\u1ebfn ngh\u1ecb cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil<\/h2>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus \u0111\u1ea1i di\u1ec7n cho m\u1ed9t l\u1ef1a ch\u1ecdn chi\u1ebfn l\u01b0\u1ee3c cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil t\u00ecm ki\u1ebfm l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh trong m\u1ed9t th\u1ecb tr\u01b0\u1eddng bi\u1ebfn \u0111\u1ed9ng. V\u1edbi l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh 3.1% &#8212; cao h\u01a1n l\u1ea1m ph\u00e1t d\u1ef1 ki\u1ebfn 2.8% cho n\u0103m 2025 &#8212; c\u00e1c c\u1ed5 phi\u1ebfu n\u00e0y cung c\u1ea5p s\u1ef1 b\u1ea3o v\u1ec7 v\u1ed1n th\u1ef1c s\u1ef1 v\u1edbi ti\u1ec1m n\u0103ng gia t\u0103ng.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 b\u1ea3o th\u1ee7 (h\u1ed3 s\u01a1 r\u1ee7i ro th\u1ea5p), ch\u00fang t\u00f4i khuy\u1ebfn ngh\u1ecb ph\u00e2n b\u1ed5 gi\u1edbi h\u1ea1n 5-8% danh m\u1ee5c v\u00e0o c\u1ed5 phi\u1ebfu Taurus, l\u00fd t\u01b0\u1edfng th\u00f4ng qua c\u00e1c kho\u1ea3n \u0111\u00f3ng g\u00f3p h\u00e0ng th\u00e1ng t\u1eeb R$500-1,000 s\u1eed d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c gi\u00e1 trung b\u00ecnh, b\u1ed5 sung v\u1edbi 50-60% v\u00e0o thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh v\u00e0 20-25% v\u00e0o REITs.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 trung b\u00ecnh c\u00f3 th\u1ec3 xem x\u00e9t c\u00e1c v\u1ecb tr\u00ed 10-15% trong c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, \u00e1p d\u1ee5ng chi\u1ebfn l\u01b0\u1ee3c t\u00edch l\u0169y v\u1edbi t\u00e1i \u0111\u1ea7u t\u01b0 t\u1ef1 \u0111\u1ed9ng \u0111\u01b0\u1ee3c chi ti\u1ebft trong b\u00e0i vi\u1ebft n\u00e0y, \u0111\u00e3 cung c\u1ea5p l\u1ee3i nhu\u1eadn h\u00e0ng n\u0103m 11.3% k\u1ec3 t\u1eeb n\u0103m 2019.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>\u0110\u1ed1i v\u1edbi c\u00e1c h\u1ed3 s\u01a1 t\u00edch c\u1ef1c, chi\u1ebfn l\u01b0\u1ee3c t\u1ed1i \u01b0u li\u00ean quan \u0111\u1ebfn vi\u1ec7c k\u1ebft h\u1ee3p m\u1ed9t v\u1ecb tr\u00ed c\u1ed1t l\u00f5i 15-20% v\u1edbi c\u00e1c ho\u1ea1t \u0111\u1ed9ng chi\u1ebfn thu\u1eadt trong c\u00e1c giai \u0111o\u1ea1n tr\u01b0\u1edbc c\u00f4ng b\u1ed1 k\u1ebft qu\u1ea3 (th\u01b0\u1eddng t\u1ea1o ra m\u1ee9c t\u0103ng trung b\u00ecnh 4.2% trong hai tu\u1ea7n tr\u01b0\u1edbc khi c\u00f4ng b\u1ed1).<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm article-content po-article-page__text'>\n<ul class='po-article-page-list'>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>\u0110a d\u1ea1ng h\u00f3a theo ng\u00e0nh, gi\u1edbi h\u1ea1n t\u1ed5ng ti\u1ebfp x\u00fac v\u1edbi ng\u00e0nh qu\u1ed1c ph\u00f2ng t\u1ed1i \u0111a 25% danh m\u1ee5c c\u1ed5 phi\u1ebfu c\u1ee7a b\u1ea1n<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Th\u1ef1c hi\u1ec7n theo d\u00f5i h\u00e0ng qu\u00fd c\u00e1c ch\u1ec9 s\u1ed1 c\u01a1 b\u1ea3n: t\u1ef7 l\u1ec7 chi tr\u1ea3 d\u01b0\u1edbi 60%, kh\u1ea3 n\u0103ng chi tr\u1ea3 l\u00e3i tr\u00ean 3.0x, v\u00e0 n\u1ee3 r\u00f2ng\/EBITDA d\u01b0\u1edbi 2.5x<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Thi\u1ebft l\u1eadp c\u00e1c quy t\u1eafc d\u1eebng l\u1ed7 r\u00f5 r\u00e0ng (khuy\u1ebfn ngh\u1ecb: 20% d\u01b0\u1edbi gi\u00e1 trung b\u00ecnh) v\u00e0 ch\u1ed1t l\u1eddi m\u1ed9t ph\u1ea7n (khuy\u1ebfn ngh\u1ecb: b\u00e1n 15% v\u1ecb tr\u00ed khi t\u0103ng gi\u00e1 \u0111\u1ea1t 40%)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>Duy tr\u00ec m\u1ed9t d\u1ef1 tr\u1eef chi\u1ebfn l\u01b0\u1ee3c t\u01b0\u01a1ng \u0111\u01b0\u01a1ng 15% ph\u00e2n b\u1ed5 c\u1ee7a b\u1ea1n v\u00e0o Taurus \u0111\u1ec3 t\u1eadn d\u1ee5ng c\u00e1c \u0111\u1ee3t gi\u1ea3m m\u1ea1nh (tr\u00ean 15% trong c\u00e1c giai \u0111o\u1ea1n l\u00ean \u0111\u1ebfn 30 ng\u00e0y)<\/li>\n<li class='po-article-page__text po-article-page__text_no-margin po-list-lvl_1'>S\u1eed d\u1ee5ng c\u00f4ng c\u1ee5 c\u1ea3nh b\u00e1o c\u1ee7a Pocket Option \u0111\u1ec3 theo d\u00f5i t\u1ef1 \u0111\u1ed9ng th\u00f4ng tin li\u00ean quan, v\u1edbi th\u00f4ng b\u00e1o th\u1eddi gian th\u1ef1c v\u1ec1 c\u00e1c s\u1ef1 ki\u1ec7n quan tr\u1ecdng<\/li>\n<\/ul>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>Pocket Option cung c\u1ea5p cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil m\u1ed9t b\u1ed9 t\u00e0i nguy\u00ean chuy\u00ean bi\u1ec7t ho\u00e0n ch\u1ec9nh \u0111\u1ec3 t\u1ed1i \u01b0u h\u00f3a c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c, bao g\u1ed3m: c\u00f4ng c\u1ee5 theo d\u00f5i c\u1ed5 t\u1ee9c v\u1edbi l\u1ecbch s\u1eed chi ti\u1ebft t\u1eeb n\u0103m 2015, tr\u00ecnh m\u00f4 ph\u1ecfng danh m\u1ee5c v\u1edbi c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 kh\u00e1c nhau, m\u00e1y t\u00ednh t\u00e1i \u0111\u1ea7u t\u01b0 v\u1edbi c\u00e1c d\u1ef1 b\u00e1o t\u00f9y ch\u1ec9nh, v\u00e0 c\u1ea3nh b\u00e1o t\u1ef1 \u0111\u1ed9ng cho c\u00e1c ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c v\u00e0 c\u00f4ng b\u1ed1 c\u00f4ng ty.<\/p>\n<\/div>\n<div class='po-container po-container_width_article-sm'>\n<p class='po-article-page__text'>B\u1eb1ng c\u00e1ch th\u1ef1c hi\u1ec7n c\u00e1ch ti\u1ebfp c\u1eadn c\u00f3 c\u1ea5u tr\u00fac n\u00e0y \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 Brazil c\u00f3 th\u1ec3 x\u00e2y d\u1ef1ng m\u1ed9t ngu\u1ed3n thu nh\u1eadp th\u1ee5 \u0111\u1ed9ng \u1ed5n \u0111\u1ecbnh k\u1ebft h\u1ee3p b\u1ea3o v\u1ec7 ch\u1ed1ng l\u1ea1m ph\u00e1t, hi\u1ec7u qu\u1ea3 thu\u1ebf, v\u00e0 ti\u1ebfp x\u00fac v\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a m\u1ed9t ng\u00e0nh chi\u1ebfn l\u01b0\u1ee3c c\u1ee7a n\u1ec1n kinh t\u1ebf qu\u1ed1c gia. Theo d\u00f5i li\u00ean t\u1ee5c c\u00e1c ch\u1ec9 s\u1ed1 c\u01a1 b\u1ea3n v\u00e0 th\u00edch \u1ee9ng nhanh ch\u00f3ng v\u1edbi c\u00e1c thay \u0111\u1ed5i trong k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 l\u00e0 c\u00e1c y\u1ebfu t\u1ed1 quan tr\u1ecdng \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a ti\u1ec1m n\u0103ng c\u1ee7a chi\u1ebfn l\u01b0\u1ee3c n\u00e0y trong nh\u1eefng n\u0103m t\u1edbi.<\/p>\n<\/div>\n"},"faq":[{"question":"L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh c\u1ee7a c\u1ed5 phi\u1ebfu Taurus trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y l\u00e0 bao nhi\u00eau?","answer":"T\u1ef7 su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh c\u1ee7a c\u1ed5 phi\u1ebfu Taurus trong ba n\u0103m qua (2021-2023) l\u00e0 3,1%. T\u1ef7 l\u1ec7 n\u00e0y \u0111\u1ea1i di\u1ec7n cho m\u1ed9t v\u1ecb tr\u00ed trung gian tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil, h\u1ea5p d\u1eabn h\u01a1n m\u1ee9c trung b\u00ecnh c\u1ee7a Ibovespa (2,8%) nh\u01b0ng th\u1ea5p h\u01a1n so v\u1edbi c\u00e1c ng\u00e0nh truy\u1ec1n th\u1ed1ng nh\u01b0 ti\u1ec7n \u00edch (7,8%) v\u00e0 h\u00e0ng h\u00f3a (8,3%). S\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a ch\u1ec9 s\u1ed1 n\u00e0y r\u1ea5t \u0111\u00e1ng k\u1ec3, t\u0103ng t\u1eeb 1,8% v\u00e0o n\u0103m 2020 l\u00ean 3,5% v\u00e0o n\u0103m 2022, v\u1edbi m\u1ed9t s\u1ef1 gi\u1ea3m nh\u1eb9 xu\u1ed1ng c\u00f2n 3,2% v\u00e0o n\u0103m 2023 sau khi \u0111\u1ea7u t\u01b0 78 tri\u1ec7u R$ v\u00e0o vi\u1ec7c m\u1edf r\u1ed9ng n\u0103ng l\u1ef1c s\u1ea3n xu\u1ea5t."},{"question":"Ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus ho\u1ea1t \u0111\u1ed9ng nh\u01b0 th\u1ebf n\u00e0o?","answer":"Taurus \u00e1p d\u1ee5ng ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u00f3 c\u1ea5u tr\u00fac v\u1edbi t\u1ef7 l\u1ec7 chi tr\u1ea3 l\u00e0 45% thu nh\u1eadp r\u00f2ng \u0111\u00e3 \u0111i\u1ec1u ch\u1ec9nh, m\u1ed9t gi\u00e1 tr\u1ecb c\u00e2n b\u1eb1ng gi\u1eefa vi\u1ec7c tr\u1ea3 th\u00f9 lao cho c\u1ed5 \u0111\u00f4ng v\u00e0 nhu c\u1ea7u \u0111\u1ea7u t\u01b0. V\u00e0o n\u0103m 2024, ba thay \u0111\u1ed5i quan tr\u1ecdng \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n: n\u00e2ng m\u1ee9c chi tr\u1ea3 t\u1ed1i thi\u1ec3u t\u1eeb 25% l\u00ean 35%, chuy\u1ec3n t\u1eeb thanh to\u00e1n h\u00e0ng n\u0103m sang thanh to\u00e1n n\u1eeda n\u0103m, v\u00e0 t\u1ea1o ra ch\u01b0\u01a1ng tr\u00ecnh c\u1ed5 t\u1ee9c \u0111\u1eb7c bi\u1ec7t li\u00ean k\u1ebft v\u1edbi vi\u1ec7c \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau xu\u1ea5t kh\u1ea9u. C\u00e1c kho\u1ea3n thanh to\u00e1n th\u01b0\u1eddng xuy\u00ean th\u01b0\u1eddng di\u1ec5n ra v\u00e0o th\u00e1ng 4\/th\u00e1ng 5 (k\u1ebft qu\u1ea3 h\u00e0ng n\u0103m) v\u00e0 th\u00e1ng 10\/th\u00e1ng 11 (k\u1ebft qu\u1ea3 n\u1eeda \u0111\u1ea7u n\u0103m)."},{"question":"C\u1ed5 t\u1ee9c Taurus c\u00f3 b\u1ecb \u0111\u00e1nh thu\u1ebf \u1edf Brazil kh\u00f4ng?","answer":"Hi\u1ec7n t\u1ea1i, c\u1ed5 t\u1ee9c nh\u1eadn \u0111\u01b0\u1ee3c b\u1edfi c\u00e1 nh\u00e2n \u1edf Brazil ho\u00e0n to\u00e0n \u0111\u01b0\u1ee3c mi\u1ec5n thu\u1ebf thu nh\u1eadp, mang l\u1ea1i l\u1ee3i th\u1ebf thu\u1ebf \u0111\u00e1ng k\u1ec3 cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 t\u1ee9c c\u1ee7a Taurus. M\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c 10.000 R$ h\u00e0ng n\u0103m t\u1eeb c\u1ed5 t\u1ee9c s\u1ebd gi\u1eef nguy\u00ean gi\u00e1 tr\u1ecb t\u1ed5ng c\u1ed9ng, trong khi c\u00f9ng s\u1ed1 ti\u1ec1n \u0111\u00f3 trong thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh s\u1ebd t\u1ea1o ra kho\u1ea3ng 8.500 R$ sau thu\u1ebf thu nh\u1eadp (m\u1ee9c thu\u1ebf 15% cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u00ean 721 ng\u00e0y). Tuy nhi\u00ean, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean l\u01b0u \u00fd v\u1ec1 d\u1ef1 lu\u1eadt c\u1ea3i c\u00e1ch thu\u1ebf \u0111ang \u0111\u01b0\u1ee3c th\u1ea3o lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i \u0111\u1ec1 xu\u1ea5t m\u1ee9c thu\u1ebf 15% \u0111\u1ed1i v\u1edbi c\u1ed5 t\u1ee9c b\u1eaft \u0111\u1ea7u t\u1eeb n\u0103m 2026 (x\u00e1c su\u1ea5t \u01b0\u1edbc t\u00ednh l\u00e0 70%)."},{"question":"Bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ebfn c\u1ed5 t\u1ee9c c\u1ee7a Taurus?","answer":"C\u1ed5 t\u1ee9c c\u1ee7a Taurus cho th\u1ea5y m\u1ed1i t\u01b0\u01a1ng quan tr\u1ef1c ti\u1ebfp v\u1edbi ba y\u1ebfu t\u1ed1 ch\u00ednh: hi\u1ec7u su\u1ea5t ho\u1ea1t \u0111\u1ed9ng (m\u1ed7i khi t\u1ef7 l\u1ec7 EBITDA t\u0103ng 1% th\u00ec c\u1ed5 t\u1ee9c t\u0103ng 2,3% trong giai \u0111o\u1ea1n 2020-2023), m\u00f4i tr\u01b0\u1eddng ph\u00e1p l\u00fd (ngh\u1ecb \u0111\u1ecbnh 10.627\/2021 \u0111\u00e3 th\u00fac \u0111\u1ea9y doanh s\u1ed1 b\u00e1n h\u00e0ng trong n\u01b0\u1edbc t\u0103ng 32% v\u00e0 sau \u0111\u00f3 l\u00e0 c\u1ed5 t\u1ee9c), v\u00e0 nhu c\u1ea7u qu\u1ed1c t\u1ebf (h\u1ee3p \u0111\u1ed3ng v\u1edbi M\u1ef9 chi\u1ebfm 45% doanh thu). \u0110\u1ed9 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a c\u1ed5 phi\u1ebfu cao h\u01a1n m\u1ee9c trung b\u00ecnh c\u1ee7a th\u1ecb tr\u01b0\u1eddng (beta l\u00e0 1,32), v\u1edbi dao \u0111\u1ed9ng trung b\u00ecnh h\u00e0ng n\u0103m l\u00e0 26,4%. L\u1ecbch s\u1eed cho th\u1ea5y c\u00f4ng ty \u0111\u00e3 qu\u1ea3n l\u00fd \u0111\u1ec3 duy tr\u00ec ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c ngay c\u1ea3 trong nh\u1eefng giai \u0111o\u1ea1n kh\u00f3 kh\u0103n, ch\u1ec9 gi\u1ea3m 9,5% trong b\u1ed1n n\u0103m qua."},{"question":"Pocket Option c\u00f3 cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 c\u1ee5 th\u1ec3 \u0111\u1ec3 ph\u00e2n t\u00edch c\u1ed5 phi\u1ebfu tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00f4ng?","answer":"C\u00f3, Pocket Option cung c\u1ea5p m\u1ed9t h\u1ec7 sinh th\u00e1i ho\u00e0n ch\u1ec9nh c\u00e1c c\u00f4ng c\u1ee5 chuy\u00ean bi\u1ec7t cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1eadp trung v\u00e0o c\u1ed5 t\u1ee9c. Trong s\u1ed1 c\u00e1c t\u00e0i nguy\u00ean \u0111\u1ed9c quy\u1ec1n c\u00f3: c\u00f4ng c\u1ee5 theo d\u00f5i c\u1ed5 t\u1ee9c v\u1edbi l\u1ecbch s\u1eed chi ti\u1ebft t\u1eeb n\u0103m 2015 v\u00e0 d\u1ef1 b\u00e1o d\u1ef1a tr\u00ean 23 bi\u1ebfn s\u1ed1 ch\u00ednh; tr\u00ecnh m\u00f4 ph\u1ecfng danh m\u1ee5c \u0111\u1ea7u t\u01b0 ki\u1ec3m tra c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 kh\u00e1c nhau; m\u00e1y t\u00ednh t\u00e1i \u0111\u1ea7u t\u01b0 v\u1edbi d\u1ef1 b\u00e1o d\u00e0i h\u1ea1n t\u00f9y ch\u1ec9nh; h\u1ec7 th\u1ed1ng c\u1ea3nh b\u00e1o t\u1ef1 \u0111\u1ed9ng cho c\u00e1c ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c v\u00e0 th\u00f4ng b\u00e1o c\u1ee7a c\u00f4ng ty; v\u00e0 ph\u00e2n t\u00edch so s\u00e1nh l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c gi\u1eefa c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 b\u1ec1n v\u1eefng. N\u1ec1n t\u1ea3ng c\u0169ng cung c\u1ea5p t\u01b0 v\u1ea5n chuy\u00ean bi\u1ec7t cho t\u1ed1i \u01b0u h\u00f3a thu\u1ebf li\u00ean quan \u0111\u1ebfn c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c."}],"faq_source":{"label":"FAQ","type":"repeater","formatted_value":[{"question":"L\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh c\u1ee7a c\u1ed5 phi\u1ebfu Taurus trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y l\u00e0 bao nhi\u00eau?","answer":"T\u1ef7 su\u1ea5t c\u1ed5 t\u1ee9c trung b\u00ecnh c\u1ee7a c\u1ed5 phi\u1ebfu Taurus trong ba n\u0103m qua (2021-2023) l\u00e0 3,1%. T\u1ef7 l\u1ec7 n\u00e0y \u0111\u1ea1i di\u1ec7n cho m\u1ed9t v\u1ecb tr\u00ed trung gian tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil, h\u1ea5p d\u1eabn h\u01a1n m\u1ee9c trung b\u00ecnh c\u1ee7a Ibovespa (2,8%) nh\u01b0ng th\u1ea5p h\u01a1n so v\u1edbi c\u00e1c ng\u00e0nh truy\u1ec1n th\u1ed1ng nh\u01b0 ti\u1ec7n \u00edch (7,8%) v\u00e0 h\u00e0ng h\u00f3a (8,3%). S\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a ch\u1ec9 s\u1ed1 n\u00e0y r\u1ea5t \u0111\u00e1ng k\u1ec3, t\u0103ng t\u1eeb 1,8% v\u00e0o n\u0103m 2020 l\u00ean 3,5% v\u00e0o n\u0103m 2022, v\u1edbi m\u1ed9t s\u1ef1 gi\u1ea3m nh\u1eb9 xu\u1ed1ng c\u00f2n 3,2% v\u00e0o n\u0103m 2023 sau khi \u0111\u1ea7u t\u01b0 78 tri\u1ec7u R$ v\u00e0o vi\u1ec7c m\u1edf r\u1ed9ng n\u0103ng l\u1ef1c s\u1ea3n xu\u1ea5t."},{"question":"Ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u1ed5 t\u1ee9c c\u1ee7a Taurus ho\u1ea1t \u0111\u1ed9ng nh\u01b0 th\u1ebf n\u00e0o?","answer":"Taurus \u00e1p d\u1ee5ng ch\u00ednh s\u00e1ch ph\u00e2n ph\u1ed1i c\u00f3 c\u1ea5u tr\u00fac v\u1edbi t\u1ef7 l\u1ec7 chi tr\u1ea3 l\u00e0 45% thu nh\u1eadp r\u00f2ng \u0111\u00e3 \u0111i\u1ec1u ch\u1ec9nh, m\u1ed9t gi\u00e1 tr\u1ecb c\u00e2n b\u1eb1ng gi\u1eefa vi\u1ec7c tr\u1ea3 th\u00f9 lao cho c\u1ed5 \u0111\u00f4ng v\u00e0 nhu c\u1ea7u \u0111\u1ea7u t\u01b0. V\u00e0o n\u0103m 2024, ba thay \u0111\u1ed5i quan tr\u1ecdng \u0111\u00e3 \u0111\u01b0\u1ee3c th\u1ef1c hi\u1ec7n: n\u00e2ng m\u1ee9c chi tr\u1ea3 t\u1ed1i thi\u1ec3u t\u1eeb 25% l\u00ean 35%, chuy\u1ec3n t\u1eeb thanh to\u00e1n h\u00e0ng n\u0103m sang thanh to\u00e1n n\u1eeda n\u0103m, v\u00e0 t\u1ea1o ra ch\u01b0\u01a1ng tr\u00ecnh c\u1ed5 t\u1ee9c \u0111\u1eb7c bi\u1ec7t li\u00ean k\u1ebft v\u1edbi vi\u1ec7c \u0111\u1ea1t \u0111\u01b0\u1ee3c m\u1ee5c ti\u00eau xu\u1ea5t kh\u1ea9u. C\u00e1c kho\u1ea3n thanh to\u00e1n th\u01b0\u1eddng xuy\u00ean th\u01b0\u1eddng di\u1ec5n ra v\u00e0o th\u00e1ng 4\/th\u00e1ng 5 (k\u1ebft qu\u1ea3 h\u00e0ng n\u0103m) v\u00e0 th\u00e1ng 10\/th\u00e1ng 11 (k\u1ebft qu\u1ea3 n\u1eeda \u0111\u1ea7u n\u0103m)."},{"question":"C\u1ed5 t\u1ee9c Taurus c\u00f3 b\u1ecb \u0111\u00e1nh thu\u1ebf \u1edf Brazil kh\u00f4ng?","answer":"Hi\u1ec7n t\u1ea1i, c\u1ed5 t\u1ee9c nh\u1eadn \u0111\u01b0\u1ee3c b\u1edfi c\u00e1 nh\u00e2n \u1edf Brazil ho\u00e0n to\u00e0n \u0111\u01b0\u1ee3c mi\u1ec5n thu\u1ebf thu nh\u1eadp, mang l\u1ea1i l\u1ee3i th\u1ebf thu\u1ebf \u0111\u00e1ng k\u1ec3 cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 v\u00e0o c\u1ed5 t\u1ee9c c\u1ee7a Taurus. M\u1ed9t nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1eadn \u0111\u01b0\u1ee3c 10.000 R$ h\u00e0ng n\u0103m t\u1eeb c\u1ed5 t\u1ee9c s\u1ebd gi\u1eef nguy\u00ean gi\u00e1 tr\u1ecb t\u1ed5ng c\u1ed9ng, trong khi c\u00f9ng s\u1ed1 ti\u1ec1n \u0111\u00f3 trong thu nh\u1eadp c\u1ed1 \u0111\u1ecbnh s\u1ebd t\u1ea1o ra kho\u1ea3ng 8.500 R$ sau thu\u1ebf thu nh\u1eadp (m\u1ee9c thu\u1ebf 15% cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u00ean 721 ng\u00e0y). Tuy nhi\u00ean, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u00ean l\u01b0u \u00fd v\u1ec1 d\u1ef1 lu\u1eadt c\u1ea3i c\u00e1ch thu\u1ebf \u0111ang \u0111\u01b0\u1ee3c th\u1ea3o lu\u1eadn t\u1ea1i Qu\u1ed1c h\u1ed9i \u0111\u1ec1 xu\u1ea5t m\u1ee9c thu\u1ebf 15% \u0111\u1ed1i v\u1edbi c\u1ed5 t\u1ee9c b\u1eaft \u0111\u1ea7u t\u1eeb n\u0103m 2026 (x\u00e1c su\u1ea5t \u01b0\u1edbc t\u00ednh l\u00e0 70%)."},{"question":"Bi\u1ebfn \u0111\u1ed9ng th\u1ecb tr\u01b0\u1eddng \u1ea3nh h\u01b0\u1edfng nh\u01b0 th\u1ebf n\u00e0o \u0111\u1ebfn c\u1ed5 t\u1ee9c c\u1ee7a Taurus?","answer":"C\u1ed5 t\u1ee9c c\u1ee7a Taurus cho th\u1ea5y m\u1ed1i t\u01b0\u01a1ng quan tr\u1ef1c ti\u1ebfp v\u1edbi ba y\u1ebfu t\u1ed1 ch\u00ednh: hi\u1ec7u su\u1ea5t ho\u1ea1t \u0111\u1ed9ng (m\u1ed7i khi t\u1ef7 l\u1ec7 EBITDA t\u0103ng 1% th\u00ec c\u1ed5 t\u1ee9c t\u0103ng 2,3% trong giai \u0111o\u1ea1n 2020-2023), m\u00f4i tr\u01b0\u1eddng ph\u00e1p l\u00fd (ngh\u1ecb \u0111\u1ecbnh 10.627\/2021 \u0111\u00e3 th\u00fac \u0111\u1ea9y doanh s\u1ed1 b\u00e1n h\u00e0ng trong n\u01b0\u1edbc t\u0103ng 32% v\u00e0 sau \u0111\u00f3 l\u00e0 c\u1ed5 t\u1ee9c), v\u00e0 nhu c\u1ea7u qu\u1ed1c t\u1ebf (h\u1ee3p \u0111\u1ed3ng v\u1edbi M\u1ef9 chi\u1ebfm 45% doanh thu). \u0110\u1ed9 bi\u1ebfn \u0111\u1ed9ng c\u1ee7a c\u1ed5 phi\u1ebfu cao h\u01a1n m\u1ee9c trung b\u00ecnh c\u1ee7a th\u1ecb tr\u01b0\u1eddng (beta l\u00e0 1,32), v\u1edbi dao \u0111\u1ed9ng trung b\u00ecnh h\u00e0ng n\u0103m l\u00e0 26,4%. L\u1ecbch s\u1eed cho th\u1ea5y c\u00f4ng ty \u0111\u00e3 qu\u1ea3n l\u00fd \u0111\u1ec3 duy tr\u00ec ch\u00ednh s\u00e1ch c\u1ed5 t\u1ee9c ngay c\u1ea3 trong nh\u1eefng giai \u0111o\u1ea1n kh\u00f3 kh\u0103n, ch\u1ec9 gi\u1ea3m 9,5% trong b\u1ed1n n\u0103m qua."},{"question":"Pocket Option c\u00f3 cung c\u1ea5p c\u00e1c c\u00f4ng c\u1ee5 c\u1ee5 th\u1ec3 \u0111\u1ec3 ph\u00e2n t\u00edch c\u1ed5 phi\u1ebfu tr\u1ea3 c\u1ed5 t\u1ee9c kh\u00f4ng?","answer":"C\u00f3, Pocket Option cung c\u1ea5p m\u1ed9t h\u1ec7 sinh th\u00e1i ho\u00e0n ch\u1ec9nh c\u00e1c c\u00f4ng c\u1ee5 chuy\u00ean bi\u1ec7t cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1eadp trung v\u00e0o c\u1ed5 t\u1ee9c. Trong s\u1ed1 c\u00e1c t\u00e0i nguy\u00ean \u0111\u1ed9c quy\u1ec1n c\u00f3: c\u00f4ng c\u1ee5 theo d\u00f5i c\u1ed5 t\u1ee9c v\u1edbi l\u1ecbch s\u1eed chi ti\u1ebft t\u1eeb n\u0103m 2015 v\u00e0 d\u1ef1 b\u00e1o d\u1ef1a tr\u00ean 23 bi\u1ebfn s\u1ed1 ch\u00ednh; tr\u00ecnh m\u00f4 ph\u1ecfng danh m\u1ee5c \u0111\u1ea7u t\u01b0 ki\u1ec3m tra c\u00e1c k\u1ecbch b\u1ea3n kinh t\u1ebf v\u0129 m\u00f4 kh\u00e1c nhau; m\u00e1y t\u00ednh t\u00e1i \u0111\u1ea7u t\u01b0 v\u1edbi d\u1ef1 b\u00e1o d\u00e0i h\u1ea1n t\u00f9y ch\u1ec9nh; h\u1ec7 th\u1ed1ng c\u1ea3nh b\u00e1o t\u1ef1 \u0111\u1ed9ng cho c\u00e1c ng\u00e0y kh\u00f4ng h\u01b0\u1edfng c\u1ed5 t\u1ee9c v\u00e0 th\u00f4ng b\u00e1o c\u1ee7a c\u00f4ng ty; v\u00e0 ph\u00e2n t\u00edch so s\u00e1nh l\u1ee3i su\u1ea5t c\u1ed5 t\u1ee9c gi\u1eefa c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 b\u1ec1n v\u1eefng. N\u1ec1n t\u1ea3ng c\u0169ng cung c\u1ea5p t\u01b0 v\u1ea5n chuy\u00ean bi\u1ec7t cho t\u1ed1i \u01b0u h\u00f3a thu\u1ebf li\u00ean quan \u0111\u1ebfn c\u00e1c chi\u1ebfn l\u01b0\u1ee3c d\u1ef1a tr\u00ean c\u1ed5 t\u1ee9c."}]}},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.8 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus: Chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3 \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a thu nh\u1eadp tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/taurus-stocks-dividends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"C\u1ed5 phi\u1ebfu c\u1ed5 t\u1ee9c Taurus: Chi\u1ebfn l\u01b0\u1ee3c c\u1ee5 th\u1ec3 \u0111\u1ec3 t\u1ed1i \u0111a h\u00f3a thu nh\u1eadp tr\u00ean th\u1ecb tr\u01b0\u1eddng Brazil\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pocketoption.com\/blog\/vt\/knowledge-base\/trading\/taurus-stocks-dividends\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocket Option blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-31T23:26:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pocketoption.com\/blog\/wp-content\/uploads\/2025\/04\/1742024181973-139959806-3.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1840\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Andrew OK\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andrew 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