Examinando por Materia "PRECIOS DE EXPORTACIONES"

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    Publicación
    Gestión del riesgo cambiario en una empresa exportadora colombiana mediante el uso de derivados
    (Universidad EAFIT, 2024) Montoya Urán, Yenny; Carmona Sánchez, Esteban Giovanni; Cruz Castañeda, Vivian
    This thesis presents a strategy for managing exchange rate risk in a Colombian exporting company through the application of financial derivatives. The study focuses on a company dedicated to the production of raw materials for food, whose exports in U.S. dollars (USD) currently account for 34% of its sales, with a projected increase to 60%. Using the EGARCH model (Generalized Autoregressive Conditional Heteroskedasticity), the exchange rate between the USD and the Colombian peso (COP) was modeled to evaluate its behavior between 2021 and 2022, enabling a forecast for 2023. This forecast was compared with actual data to assess its accuracy. The results indicated that the EGARCH (1,1) model is the most suitable, achieving a deviation of less than 8% in the final days of comparison. Based on these projections, the necessary coverage amount was determined to mitigate potential impacts on the company’s financial statements and cash flow in 2023. It was concluded that the most appropriate derivative for the company is the Forward contract, and the Value at Risk (VaR) was used to establish the maximum potential loss. This research aims to offer a comprehensive approach to exchange rate risk management, combining financial modeling and the use of derivatives, providing practical tools for informed decision-making in exporting companies.
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    Ítem
    Subastas de cierre en los mercados de renta variable de Colombia, Perú y Chile
    (Universidad EAFIT, 2014) Posada Posada, Esteban; Correa Lafaurie, Luisa Fernanda
    Con la integración de los mercados de acciones de Colombia, Perú y Chile se dio paso al mercado integrado latinoamericano (MILA) que más allá de agrupar los tres mercados, le proporcionó a los inversionistas la posibilidad de acceder a nuevos emisores internacionales -- Analizar la subasta de cierre en los mercados de renta variable en Colombia, Perú y Chile es el objetivo de este trabajo, profundizando en cada uno de los criterios de subasta para definir el precio de cierre de las acciones listadas en la respectiva bolsa de valores