Zajištění měnového rizika firmy v sektoru stavebnictví

Abstract

The theme of the thesis is currency risk hedging of the company operating in the construction industry. The goal of the thesis is assessment of the chosen currency risk hedging strategies (passive, forward and option strategy short straddle) for one year in the company including evaluation of the strategies with partial and cumulative criterias. First part of the thesis is focused on theoretical basis of hedging, financial derivatives, and methods for prediction of the exchange rate. Second part of the thesis is focused on description of the company. In the third part of the thesis are applied theoretical basis from the first part. Results of hedging strategies are described in the conclusion. Based on the criterial evaluation is chosen the most appropriate strategy for application in the company.