forward price

简明释义

远期价格

英英释义

例句

1.Investors often use the forward price to hedge against price fluctuations in the market.

投资者常常使用远期价格来对冲市场价格波动。

2.In a futures contract, the forward price is set at the time of the agreement.

在期货合约中，远期价格是在协议签订时设定的。

3.The forward price is determined based on the expected future supply and demand of the commodity.

根据商品未来的供需预期确定远期价格。

4.To calculate the forward price, one must consider interest rates and storage costs.

计算远期价格时，必须考虑利率和储存成本。

5.The forward price for oil can vary significantly depending on geopolitical factors.

石油的远期价格可能因地缘政治因素而显著变化。

作文

The concept of forward price is fundamental in the world of finance and investment. It refers to the agreed-upon price for a transaction that will occur at a future date. This financial term is crucial for both buyers and sellers as it helps them manage their risk and plan their investments more effectively. Understanding the forward price can provide insights into market expectations, supply and demand dynamics, and potential future movements in asset prices.In various markets, including commodities, foreign exchange, and equities, the forward price plays a pivotal role. For instance, consider a farmer who grows wheat. If the farmer is concerned about the price of wheat dropping by the time the harvest occurs, he may enter into a forward contract with a buyer at a predetermined forward price. This contract guarantees that the farmer will sell his wheat at this price, regardless of the market conditions at the time of harvest. This strategy mitigates the risk of price fluctuations and provides financial certainty.Similarly, in the foreign exchange market, businesses that operate internationally often deal with currency risks. A company expecting to receive payments in a foreign currency in the future might lock in a forward price for that currency today. By doing so, they ensure that they know exactly how much they will receive when the payment is made, protecting themselves from adverse currency movements.The determination of the forward price is influenced by several factors, including the current spot price, interest rates, and the time until the contract's expiration. The relationship between these elements is often analyzed using the cost-of-carry model, which considers the costs associated with holding an asset over time. For example, if the spot price of a commodity is $100, and the interest rate is 5% over a year, the forward price might be calculated to reflect the opportunity cost of capital tied up in that commodity.Investors also use forward prices to speculate on future price movements. If an investor believes that the price of a stock will rise, they might buy a forward contract at a lower price than they anticipate the stock will reach. Conversely, if they believe the price will fall, they might sell a forward contract. This speculative use of forward prices adds liquidity to the market and can lead to more accurate pricing of assets.However, trading in forward price contracts is not without risks. If the market moves against an investor's position, they could face significant losses. This risk highlights the importance of understanding the underlying asset, market conditions, and the factors that influence forward prices before engaging in such transactions.In conclusion, the forward price is a vital concept in finance that serves multiple purposes, from hedging against risk to speculating on future price changes. By locking in prices today for transactions that will occur in the future, traders and investors can protect themselves from uncertainty and volatility in the market. As financial markets continue to evolve, the significance of understanding forward prices will remain paramount for anyone looking to navigate the complexities of trading and investing.

“远期价格”是金融和投资领域中的一个基本概念。它指的是未来某个日期将要进行交易的约定价格。这个金融术语对买卖双方都至关重要，因为它帮助他们更有效地管理风险并规划投资。理解“远期价格”可以提供市场预期、供需动态以及资产价格潜在未来变动的洞察。在包括商品、外汇和股票等各种市场中，“远期价格”发挥着关键作用。例如，考虑一位种植小麦的农民。如果农民担心到收获时小麦价格会下跌，他可以与买方签订一份以预定“远期价格”出售小麦的合同。这份合同保证农民在收获时以该价格出售小麦，无论当时的市场条件如何。这一策略降低了价格波动的风险，并提供了财务确定性。同样，在外汇市场上，国际经营的企业往往面临货币风险。预计未来会收到外币支付的公司可能会今天锁定该货币的“远期价格”。通过这样做，他们确保在付款时确切知道将收到多少，从而保护自己免受不利的货币波动影响。“远期价格”的确定受到多种因素的影响，包括当前现货价格、利率以及合同到期前的时间。这些因素之间的关系通常使用持有成本模型进行分析，该模型考虑了随时间持有资产的相关成本。例如，如果某商品的现货价格为100美元，而利率为一年5%，则“远期价格”的计算可能会反映出与该商品相关的资本机会成本。投资者还利用“远期价格”来对未来价格变动进行投机。如果投资者相信某只股票的价格会上涨，他们可能会以低于预期价格购买远期合约。相反，如果他们认为价格会下跌，他们可能会出售远期合约。这种对“远期价格”的投机性使用为市场增加了流动性，并可能导致资产定价更加准确。然而，交易“远期价格”合约并非没有风险。如果市场走势与投资者的头寸相悖，他们可能面临重大损失。这一风险突显了在参与此类交易之前，理解基础资产、市场条件以及影响“远期价格”的因素的重要性。总之，“远期价格”是金融中一个至关重要的概念，具有多重用途，从对冲风险到对未来价格变化进行投机。通过今天锁定未来将发生的交易价格，交易者和投资者可以保护自己免受市场的不确定性和波动性。随着金融市场的不断发展，理解“远期价格”的重要性将始终是任何希望驾驭交易和投资复杂性的人的首要任务。