Ari dhisikaundi mwero sechinhu parameter kuongorora kwekuronga inivhesitimendi

Kuita chero basa mhando hazvibviri pasina Implementation ane kwazvo zvemari pachisara izvo zvinosanganisira mari kuronga, kuronga yebhizimisi remangwana uye kuitika kuongororwa basa. Pakazoti kuongorora chero chezvinhu Mapato aya pamwe kuvapo kwakadaro parameter sezvo dhisikaundi unodiwa. Nokudaro, zviri kumusoro zvinodiwa kuti yakarurama uye kwazvo kukarukureta kukosha mari Rwako yakakwirira mukana mberi mabasa, dzakanga zvomurayiro makambani uye varidzi guru, uye. Kuti kuongorora chokunyora mari iri akapoteredza kwemari anopa chinhu discounting kwacho. Hwaro basa iri kuti chaiwo Analytical mashoko.

Kuderedza kusabvumirana pakati chawakaronga mberi-achitarisa zviratidzo zvavo ramangwana Data zvomene inofanira kushandiswa nemazvo kuverenga mari parameters (zveminda, mari), guta guru mamiriro, mari Rwako, kunodiwa kuti kufunga residual kukosha raivapo pfuma uye, chokwadi, dhisikaundi mwero (unova dhisikaundi mwero).

Kuti yokupedzisira mufananidzo inechirevo vechikamu akaisa mutengo okuwana guru ravo. pamwero Its kunobva pamisika chimbadzo, uyewo yavo tarisiro, nezvaanogona uye zvinangwa. ari dhisikaundi mwero kunoratidza kuti zvinogamuchirika pamwero profitability nokuda investor pamusoro Ruble paakapiwa guru, izvo zvinogona kunge nokupedza mu nzira, njodzi shoma asingashumbi.

Kuti uwane ainyatsonzwisisa, tinogona kutaura nyore. Somuenzaniso, pashure 5 years, munhu anoda kugamuchira 10,000 zvimiso mari dzakabatana. ari dhisikaundi zvazvingava inoshandiswa kuona sei inoda mari iri kugadzirwa zvigunwe kana zvimwe dzokurasa huwandu mune ramangwana. Naizvozvo, ndiye mufananidzo une chikuru simba pamusoro rakasanangurwa pakati inivhesitimendi chirongwa.

Mukuwedzera, parameter inoshandiswa sectors zvose uye maindasitiri. Uye chinangwa chacho - kwete nguva dzose ane pfuma ronga. Rinorondedzerawo mabasa chero sangano. ari dhisikaundi mwero zvinokosha iri kuongorora mari mubhizimisi, uyewo zvose mhando zvachose mari iri kuronga bhizimisi.

Uyewo ari kuongorora mari inflows, basa chero kambani ine mukana kusarudza kudhura kwadzinoita kugadzirwa kana kupfuura purofiti. Vose unokubvumira kuona chaizvo dhisikaundi unodiwa. The yemaitiro kubatsira ngaaverenge kukura chinoratidza, unosanganisira vazhinji siyana parameters akadai:

- chimbadzo (wakasiyiwa muridzi chikwereti guru);

- kwemari zvazvingava (mwero dzoka, iyo yakaiswa zvakarurama);

- mwero mitengo ;

- the refinancing mwero;

- nyanzvi Kukoshesa;

- the weighted avhareji mari guru , etc.

zvazvingava Discount inogona pakutsvaga anotevera okuti:

R = RF + (Rmax + Rmin) / 2 + S, apo

R - azvaitwa, kuti dhisikaundi mwero;

RF - njodzi isina mwero;

Rmax, Rmin - kufadza uye shoma premiums njodzi;

S - Kukurukura njodzi haana kugamuchira akatarisirwa mari.

Risk-isina mabasa anowanikwa chete muenzaniso wakakwana hwenyika. Uye izvi hazvina parizvino dziripo. Asi pane rakakura yakawanda mari chirongwa kuongorora nzira, mumwe inova nzira nokugadzirisa dhisikaundi unodiwa.