{"id":28950,"date":"2026-08-12T10:20:08","date_gmt":"2026-08-12T01:20:08","guid":{"rendered":"https:\/\/official.gfs.tokyo\/blog\/?p=28950"},"modified":"2026-08-12T10:20:08","modified_gmt":"2026-08-12T01:20:08","slug":"ue-what-is-momentum-investing","status":"publish","type":"post","link":"https:\/\/official.gfs.tokyo\/blog\/ue-what-is-momentum-investing","title":{"rendered":"\u3010\u5b8c\u5168\u89e3\u8aac\u3011\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u3068\u306f\uff1f\u521d\u5fc3\u8005\u3067\u3082\u52dd\u3066\u308b\u4ed5\u7d44\u307f\u30fb\u6307\u6a19\u30fb\u6c7a\u7b97\u653b\u7565\u6cd5\u307e\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac"},"content":{"rendered":"<h2 data-path-to-node=\"1\">\u3010\u5b8c\u5168\u89e3\u8aac\u3011\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u3068\u306f\uff1f\u521d\u5fc3\u8005\u3067\u3082\u52dd\u3066\u308b\u4ed5\u7d44\u307f\u30fb\u6307\u6a19\u30fb\u6c7a\u7b97\u653b\u7565\u6cd5\u307e\u3067\u4f53\u7cfb\u7684\u306b\u89e3\u8aac<\/h2>\n<div>\n<div class=\"attention a-1\">\n<p style=\"text-align: left;\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg\" alt=\"\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\" width=\"110\" height=\"110\" class=\"wp-image-2102 alignnone\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa.jpg 700w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-300x300.jpg 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2022\/03\/yuichiro_ichikawa-150x150.jpg 150w\" sizes=\"(max-width: 110px) 100vw, 110px\" \/>\u3000<strong>\u76e3\u4fee\u8005\uff1a\u5e02\u5ddd\u96c4\u4e00\u90ce\u3000<\/strong><br \/>\n<span style=\"font-size: 10pt;\"><a href=\"https:\/\/official.gfs.tokyo\/\">GFS<\/a>\u6821\u9577\u3002CFP\u00ae\u30021\u7d1a\u30d5\u30a1\u30a4\u30ca\u30f3\u30b7\u30e3\u30eb\u30fb\u30d7\u30e9\u30f3\u30cb\u30f3\u30b0\u6280\u80fd\u58eb(\u8cc7\u7523\u8a2d\u8a08\u63d0\u6848\u696d\u52d9)\u3002<a href=\"https:\/\/www.jafp.or.jp\/\">\u65e5\u672cFP\u5354\u4f1a<\/a>\u4f1a\u54e1\u3002\u65e5\u672cFP\u5b66\u4f1a\u4f1a\u54e1\u3002\u00a0<a href=\"https:\/\/mba.globis.ac.jp\/\">\u30b0\u30ed\u30fc\u30d3\u30b9\u7d4c\u55b6\u5927\u5b66\u9662<\/a>\u4fee\u4e86(MBA\/\u7d4c\u55b6\u5b66\u4fee\u58eb)\u3002<\/span><br \/>\n<span style=\"font-size: 10pt;\">\u65e5\u672c\u306eFP\u306e\u5148\u99c6\u8005\u3068\u3057\u3066\u8cc7\u7523\u904b\u7528\u306e\u5553\u8499\u306b\u5f93\u4e8b\u3002\u30bd\u30d5\u30c8\u30d0\u30f3\u30af\u30b0\u30eb\u30fc\u30d7\u304c\u5275\u8a2d\u3057\u305f\u79c1\u7acb<a href=\"https:\/\/www.cyber-u.ac.jp\/teacher\/ichikawa_yuichiro.html\">\u30b5\u30a4\u30d0\u30fc\u5927\u5b66<\/a>\u3067\u6559\u97ad\u3092\u57f7\u308b\u307b\u304b\u3001\u8b1b\u6f14\u4f9d\u983c\u3001\u30e1\u30c7\u30a3\u30a2\u51fa\u6f14\u3082\u591a\u6570\u3002\u8457\u66f8\u306b<a href=\"https:\/\/www.amazon.co.jp\/%E6%8A%95%E8%B3%87%E3%81%A7%E5%88%A9%E7%9B%8A%E3%82%92%E5%87%BA%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B%E4%BA%BA%E3%81%9F%E3%81%A1%E3%81%8C%E5%A4%A7%E4%BA%8B%E3%81%AB%E3%81%97%E3%81%A6%E3%81%84%E3%82%8B-45%E3%81%AE%E6%95%99%E3%81%88-%E5%B8%82%E5%B7%9D-%E9%9B%84%E4%B8%80%E9%83%8E\/dp\/4532358825\">\u300c\u6295\u8cc7\u3067\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u4eba\u305f\u3061\u304c\u5927\u4e8b\u306b\u3057\u3066\u3044\u308b 45\u306e\u6559\u3048\u300d\uff08\u65e5\u672c\u7d4c\u6e08\u65b0\u805e\u51fa\u7248\uff09<\/a><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-size: 10pt;\">\u516c\u5f0fX \u30a2\u30ab\u30a6\u30f3\u30c8\u3000<a href=\"https:\/\/twitter.com\/ichikawa_toushi\">\u5e02\u5ddd\u96c4\u4e00\u90ce@\u304a\u91d1\u306e\u5b66\u6821 \u6821\u9577<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"3\">\u3010\u7b2c1\u7ae0\u3011\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u7406\u8ad6\u3068\u57fa\u790e<\/h2>\n<h2 data-path-to-node=\"4\">1-1. \u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u6839\u672c\u601d\u60f3\u3068\u300c\u6163\u6027\u306e\u6cd5\u5247\u300d<\/h2>\n<p data-path-to-node=\"5\">\u91d1\u878d\u5e02\u5834\u306b\u304a\u3051\u308b\u300c\u30e2\u30e1\u30f3\u30bf\u30e0\uff08Momentum\uff09\u300d\u3068\u306f\u3001\u7269\u7406\u5b66\u306b\u304a\u3051\u308b\u300c\u904b\u52d5\u91cf\u300d<b data-path-to-node=\"5\" data-index-in-node=\"40\">\u3084<\/b>\u300c\u52e2\u3044\u300d\u306b\u7531\u6765\u3059\u308b\u8a00\u8449\u3067\u3059\u3002\u7269\u7406\u5b66\u306e\u4e16\u754c\u3067\u306f\u3001\u7269\u4f53\u306b\u5916\u529b\u304c\u52a0\u308f\u3089\u306a\u3044\u9650\u308a\u3001\u904b\u52d5\u3057\u3066\u3044\u308b\u7269\u4f53\u306f\u305d\u306e\u65b9\u5411\u3078\u904b\u52d5\u3092\u7d9a\u3051\u3088\u3046\u3068\u3057\u307e\u3059\uff08\u6163\u6027\u306e\u6cd5\u5247\uff09\u3002<\/p>\n<p data-path-to-node=\"6\">\u6295\u8cc7\u306e\u4e16\u754c\u306b\u304a\u3044\u3066\u3082\u5168\u304f\u540c\u3058\u73fe\u8c61\u304c\u89b3\u5bdf\u3055\u308c\u307e\u3059\u3002\u300c\u529b\u5f37\u304f\u4e0a\u6607\u3057\u3066\u3044\u308b\u30a2\u30bb\u30c3\u30c8\uff08\u682a\u5f0f\u30fb\u6697\u53f7\u8cc7\u7523\u30fb\u70ba\u66ff\u306a\u3069\uff09\u306f\u3001\u5916\u90e8\u304b\u3089\u306e\u5f37\u70c8\u306a\u53cd\u5bfe\u8981\u56e0\uff08\u60aa\u6750\u6599\u3084\u5e02\u5834\u5168\u4f53\u306e\u66b4\u843d\uff09\u304c\u767a\u751f\u3057\u306a\u3044\u9650\u308a\u3001\u4e00\u5b9a\u671f\u9593\u305d\u306e\u65b9\u5411\u3078\u3068\u8cb7\u308f\u308c\u7d9a\u3051\u308b\u300d\u3068\u3044\u3046\u50be\u5411\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"7\">\u3053\u306e\u4fa1\u683c\u306e\u300c\u52e2\u3044\u300d\u305d\u306e\u3082\u306e\u3092\u30ea\u30b9\u30af\u8cc7\u7523\u306e\u4fa1\u5024\u5224\u65ad\u306e\u6839\u62e0\u3068\u3057\u3001\u30c8\u30ec\u30f3\u30c9\u306e\u521d\u671f\u301c\u4e2d\u671f\u306b\u4e57\u308a\u3001\u52e2\u3044\u304c\u6e1b\u901f\u3057\u305f\u5c40\u9762\u3067\u7d20\u65e9\u304f\u96e2\u8131\u3059\u308b\u624b\u6cd5\u3092\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\uff08\u9806\u5f35\u308a \/ \u30c8\u30ec\u30f3\u30c9\u30d5\u30a9\u30ed\u30fc\uff09\u3068\u547c\u3073\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"8\">\u300c\u9ad8\u304f\u8cb7\u3063\u3066\u3001\u3055\u3089\u306b\u9ad8\u304f\u58f2\u308b\u300d\u3068\u3044\u3046\u30d1\u30e9\u30c0\u30a4\u30e0\u30b7\u30d5\u30c8<\/h3>\n<p data-path-to-node=\"9\">\u591a\u304f\u306e\u6295\u8cc7\u521d\u5fc3\u8005\u304c\u6700\u521d\u306b\u6559\u308f\u308b\u4e00\u822c\u7684\u306a\u6295\u8cc7\u89b3\u306f\u3001\u300c\u5b89\u304f\u8cb7\u3063\u3066\u3001\u9ad8\u304f\u58f2\u308b\uff08Buy Low, Sell High\uff09\u300d\u3068\u3044\u3046\u3082\u306e\u3067\u3059\u3002\u3057\u304b\u3057\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u57fa\u672c\u7406\u5ff5\u306f\u771f\u9006\u3092\u884c\u304d\u307e\u3059\u3002<\/p>\n<blockquote data-path-to-node=\"10\">\n<p data-path-to-node=\"10,0\"><b data-path-to-node=\"10,0\" data-index-in-node=\"0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u30b4\u30fc\u30eb\u30c7\u30f3\u30eb\u30fc\u30eb<\/b><\/p>\n<p data-path-to-node=\"10,0\"><b data-path-to-node=\"10,0\" data-index-in-node=\"17\">\u300c\u9ad8\u304f\u8cb7\u3044\u3001\u3055\u3089\u306b\u9ad8\u304f\u58f2\u308a\u629c\u3051\u308b\uff08Buy High, Sell Higher\uff09\u300d<\/b><\/p>\n<\/blockquote>\n<p data-path-to-node=\"11\">\u5e02\u5834\u306b\u304a\u3044\u3066\u300c\u904e\u53bb\u6700\u9ad8\u5024\u300d\u3084\u300c52\u9031\u9ad8\u5024\u300d\u3092\u66f4\u65b0\u3057\u3066\u3044\u308b\u9298\u67c4\u306f\u3001\u4e00\u898b\u3059\u308b\u3068\u300c\u3059\u3067\u306b\u4e0a\u304c\u308a\u3059\u304e\u3066\u3044\u3066\u5371\u967a\u300d\u300c\u9ad8\u5024\u63b4\u307f\u306b\u306a\u308a\u305d\u3046\u300d\u306b\u898b\u3048\u307e\u3059\u3002\u3057\u304b\u3057\u3001\u91d1\u878d\u5e02\u5834\u306e\u73fe\u5b9f\u3067\u306f\u3001\u300c\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u305f\u682a\u3053\u305d\u304c\u3001\u6700\u3082\u969c\u5bb3\u7269\u304c\u306a\u304f\u7d20\u65e9\u304f\u3055\u3089\u306b\u9ad8\u5024\u3092\u8ffd\u3044\u6c42\u3081\u308b\u300d\u3068\u3044\u3046\u6027\u8cea\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"13\">1-2. \u884c\u52d5\u7d4c\u6e08\u5b66\u304b\u3089\u8aad\u307f\u89e3\u304f\u300c\u30e2\u30e1\u30f3\u30bf\u30e0\u304c\u767a\u751f\u3059\u308b\u7406\u7531\u300d<\/h2>\n<p data-path-to-node=\"14\">\u306a\u305c\u3001\u5408\u7406\u7684\u306a\u4eba\u9593\u304c\u96c6\u307e\u3063\u3066\u3044\u308b\u306f\u305a\u306e\u91d1\u878d\u5e02\u5834\u306b\u304a\u3044\u3066\u3001\u3053\u306e\u3088\u3046\u306a\u300c\u4fa1\u683c\u306e\u52e2\u3044\u300d\u304c\u6301\u7d9a\u3059\u308b\u306e\u3067\u3057\u3087\u3046\u304b\uff1f\u305d\u306e\u80cc\u666f\u306b\u306f\u3001\u4eba\u9593\u306e\u611f\u60c5\u3084\u8a8d\u77e5\u30d0\u30a4\u30a2\u30b9\uff08\u601d\u8003\u306e\u504f\u308a\uff09\u3092\u7814\u7a76\u3059\u308b<b data-path-to-node=\"14\" data-index-in-node=\"83\">\u884c\u52d5\u7d4c\u6e08\u5b66<\/b>\u306e\u7406\u8ad6\u304c\u6df1\u304f\u95a2\u308f\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"15\">\u30e2\u30e1\u30f3\u30bf\u30e0\u304c\u767a\u751f\u30fb\u6301\u7d9a\u3059\u308b\u4e3b\u306a\u8981\u56e0\u306f\u4ee5\u4e0b\u306e3\u3064\u3067\u3059\u3002<\/p>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3341 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3341 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_b5ea8fcc600e6e1d&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_fe743ac1adb7940a&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3341\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3341\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3341\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3341 no-decoration-radius\">\u3010\u30e2\u30e1\u30f3\u30bf\u30e0\u767a\u751f\u306e\u5fc3\u7406\u30fb\u69cb\u9020\u30e1\u30ab\u30cb\u30ba\u30e0\u3011\r\n\r\n [\u65b0\u6750\u6599\u30fb\u597d\u6c7a\u7b97\u306e\u767a\u751f]\r\n        \u2502\r\n        \u25bc\r\n 1. \u6295\u8cc7\u5bb6\u306e\u300c\u904e\u5c0f\u53cd\u5fdc\u300d (Underreaction)\r\n    \u2500\u2500 \u6700\u521d\u306f\u300c\u4e00\u904e\u6027\u306e\u4e0a\u3052\u3060\u308d\u3046\u300d\u3068\u5e02\u5834\u304c\u8efd\u8996\u3057\u3001\u4fa1\u683c\u53cd\u6620\u304c\u9045\u308c\u308b\r\n        \u2502\r\n        \u25bc\r\n 2. \u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u300c\u7d99\u7d9a\u7684\u306a\u8cb7\u3044\u4ed8\u3051\u300d\r\n    \u2500\u2500 \u81a8\u5927\u306a\u8cc7\u91d1\u3092\u6301\u3064\u5927\u53e3\u6295\u8cc7\u5bb6\u304c\u6570\u9031\u9593\u304b\u3051\u3066\u5206\u6563\u8cb7\u3044\u3092\u5165\u308c\u308b\r\n        \u2502\r\n        \u25bc\r\n 3. \u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u300cFOMO\uff08\u53d6\u308a\u6b8b\u3055\u308c\u308b\u6050\u6016\uff09\u300d\r\n    \u2500\u2500 \u300c\u4e57\u308a\u9045\u308c\u305f\u304f\u306a\u3044\u300d\u3068\u3044\u3046\u7126\u308a\u304b\u3089\u8ffd\u968f\u8cb7\u3044\u304c\u6bba\u5230\u3057\u3001\u4e0a\u6607\u304c\u52a0\u901f\u3059\u308b\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"17\">\u2460 \u6295\u8cc7\u5bb6\u306e\u904e\u5c0f\u53cd\u5fdc\u30d0\u30a4\u30a2\u30b9\uff08Underreaction\uff09<\/h3>\n<p data-path-to-node=\"18\">\u4eba\u9593\u306f\u3001\u81ea\u8eab\u306e\u4e88\u6e2c\u3084\u65e2\u5b58\u306e\u89b3\u5ff5\u306b\u56fa\u57f7\u3059\u308b\u50be\u5411\uff08\u30a2\u30f3\u30ab\u30ea\u30f3\u30b0\u52b9\u679c\uff09\u304c\u3042\u308a\u307e\u3059\u3002\u4f01\u696d\u304c\u9a5a\u7570\u7684\u306a\u597d\u6c7a\u7b97\u3084\u9769\u65b0\u7684\u306a\u65b0\u88fd\u54c1\u3092\u767a\u8868\u3057\u305f\u969b\u3001\u5e02\u5834\u53c2\u52a0\u8005\u306f\u521d\u671f\u6bb5\u968e\u3067\u305d\u306e\u6f5c\u5728\u80fd\u529b\u3092\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3057\u307e\u3044\u307e\u3059\u3002\u300c\u4eca\u56de\u306e\u6c7a\u7b97\u3082\u305f\u307e\u305f\u307e\u3060\u308d\u3046\u300d\u300c\u682a\u4fa1\u306f\u3059\u3067\u306b\u7e54\u308a\u8fbc\u307f\u6e08\u307f\u3060\u300d\u3068\u5224\u65ad\u3057\u3001\u521d\u671f\u306e\u682a\u4fa1\u53cd\u5fdc\u306f\u30de\u30a4\u30eb\u30c9\u306b\u3068\u3069\u307e\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"19\">\u3057\u304b\u3057\u3001\u6642\u9593\u306e\u7d4c\u904e\u3068\u3068\u3082\u306b\u300c\u3084\u306f\u308a\u3053\u306e\u696d\u7e3e\u6210\u9577\u306f\u672c\u7269\u3060\u300d\u3068\u5f90\u3005\u306b\u5e02\u5834\u304c\u8a8d\u8b58\u3092\u6539\u3081\u308b\u305f\u3081\u3001\u4f55\u65e5\u3082\u3001\u4f55\u9031\u9593\u3082\u304b\u3051\u3066\u3058\u308f\u3058\u308f\u3068\u682a\u4fa1\u304c\u4e0a\u6607\u3057\u7d9a\u3051\u308b\u30c8\u30ec\u30f3\u30c9\uff08\u30c9\u30ea\u30d5\u30c8\uff09\u304c\u767a\u751f\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"20\">\u2461 \u6a5f\u95a2\u6295\u8cc7\u5bb6\uff08\u5927\u53e3\u8cc7\u91d1\uff09\u306e\u69cb\u9020\u7684\u8cb7\u3044\u5727<\/h3>\n<p data-path-to-node=\"21\">\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\u3084\u6295\u8cc7\u4fe1\u8a17\u306a\u3069\u306e\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u3001\u6570\u5104\u5186\u301c\u6570\u767e\u5104\u5186\u3068\u3044\u3046\u5de8\u984d\u306e\u8cc7\u91d1\u3092\u52d5\u304b\u3057\u3066\u3044\u307e\u3059\u3002\u5f7c\u3089\u306f1\u3064\u306e\u9298\u67c4\u3092\u8cb7\u3046\u969b\u3001\u5e02\u5834\u306b\u5927\u304d\u306a\u885d\u6483\u3092\u4e0e\u3048\u3066\u9ad8\u5024\u3067\u8cb7\u308f\u3055\u308c\u308b\u306e\u3092\u907f\u3051\u308b\u305f\u3081\u3001<b data-path-to-node=\"21\" data-index-in-node=\"88\">\u4f55\u65e5\u30fb\u4f55\u9031\u9593\u306b\u3082\u5206\u3051\u3066\u30a2\u30eb\u30b4\u30ea\u30ba\u30e0\u7b49\u3067\u8cb7\u3044\u6ce8\u6587\u3092\u5206\u6563\u767a\u6ce8<\/b>\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"22\">\u3053\u306e\u300c\u5927\u53e3\u8cc7\u91d1\u306e\u7d99\u7d9a\u7684\u306a\u8cb7\u3044\u300d\u3053\u305d\u304c\u3001\u500b\u4eba\u6295\u8cc7\u5bb6\u306b\u306f\u4f5c\u308c\u306a\u3044\u5f37\u56fa\u306a\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u306e\u7269\u7406\u7684\u306a\u539f\u52d5\u529b\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"23\">\u2462 FOMO\uff08Fear of Missing Out\uff1a\u53d6\u308a\u6b8b\u3055\u308c\u308b\u6050\u6016\uff09<\/h3>\n<p data-path-to-node=\"24\">\u682a\u4fa1\u304c\u9023\u65e5\u306e\u3088\u3046\u306b\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u3001\u30cb\u30e5\u30fc\u30b9\u3084SNS\u3067\u8a71\u984c\u306b\u306a\u308b\u3068\u3001\u5e02\u5834\u306b\u53c2\u52a0\u3057\u3066\u3044\u306a\u304b\u3063\u305f\u6295\u8cc7\u5bb6\u306b\u300c\u81ea\u5206\u3060\u3051\u304c\u3053\u306e\u4e0a\u6607\u76f8\u5834\u306e\u6069\u6075\u3092\u53d6\u308a\u6b8b\u3055\u308c\u3066\u3044\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u300d\u3068\u3044\u3046\u5f37\u3044\u7126\u308a\uff08FOMO\uff09\u304c\u751f\u3058\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"25\">\u3053\u306e\u7126\u308a\u304b\u3089\u304f\u308b\u300c\u9045\u308c\u3066\u53c2\u5165\u3059\u308b\u8ffd\u968f\u8cb7\u3044\u300d\u304c\u3001\u30c8\u30ec\u30f3\u30c9\u306e\u5f8c\u534a\u3067\u3055\u3089\u306a\u308b\u9ad8\u5024\u3092\u62bc\u3057\u4e0a\u3052\u308b\u5f37\u529b\u306a\u30e2\u30e1\u30f3\u30bf\u30e0\u3092\u5f62\u6210\u3057\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"27\">1-3. \u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\uff08\u9006\u5f35\u308a\uff09\u3068\u306e\u6c7a\u5b9a\u7684\u306a\u9055\u3044<\/h2>\n<p data-path-to-node=\"28\">\u6295\u8cc7\u624b\u6cd5\u3092\u5927\u5225\u3059\u308b\u3068\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306b\u4ee3\u8868\u3055\u308c\u308b\u300c\u9806\u5f35\u308a\uff08\u30c8\u30ec\u30f3\u30c9\u30d5\u30a9\u30ed\u30fc\uff09\u300d\u3068\u3001\u5272\u5b89\u682a\u3092\u72d9\u3046\u300c\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\uff08\u9006\u5f35\u308a\uff09\u300d\u306b\u5206\u304b\u308c\u307e\u3059\u3002\u4e21\u8005\u306e\u601d\u8003\u30d7\u30ed\u30bb\u30b9\u3068\u30ea\u30b9\u30af\u69cb\u9020\u3092\u7406\u89e3\u3059\u308b\u3053\u3068\u306f\u3001\u6295\u8cc7\u5bb6\u3068\u3057\u3066\u306e\u8ef8\u3092\u30d6\u30ec\u3055\u305b\u306a\u3044\u305f\u3081\u306b\u6975\u3081\u3066\u91cd\u8981\u3067\u3059\u3002<\/p>\n<table data-path-to-node=\"29\">\n<thead>\n<tr>\n<td><strong>\u8a55\u4fa1\u8ef8<\/strong><\/td>\n<td><strong>\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\uff08\u9806\u5f35\u308a\uff09<\/strong><\/td>\n<td><strong>\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\uff08\u9006\u5f35\u308a\uff09<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"29,1,0,0\"><b data-path-to-node=\"29,1,0,0\" data-index-in-node=\"0\">\u4e3b\u8ef8\u3068\u3059\u308b\u5206\u6790<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,1,1,0\"><b data-path-to-node=\"29,1,1,0\" data-index-in-node=\"0\">\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790<\/b>\uff08\u682a\u4fa1\u306e\u52e2\u3044\u30fb\u51fa\u6765\u9ad8\u30fb\u30c1\u30e3\u30fc\u30c8\uff09<\/span><\/td>\n<td><span data-path-to-node=\"29,1,2,0\"><b data-path-to-node=\"29,1,2,0\" data-index-in-node=\"0\">\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u5206\u6790<\/b>\uff08PER\u30fbPBR\u30fb\u8ca1\u52d9\u8af8\u8868\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"29,2,0,0\"><b data-path-to-node=\"29,2,0,0\" data-index-in-node=\"0\">\u91cd\u8996\u3059\u308b\u554f\u3044<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,2,1,0\">\u300c\u4eca\u3001\u3053\u306e\u77ac\u9593\u306b\u8cb7\u3044\u306e\u52e2\u3044\u304c\u3042\u308b\u304b\uff1f\u300d<\/span><\/td>\n<td><span data-path-to-node=\"29,2,2,0\">\u300c\u672c\u6765\u306e\u4f01\u696d\u4fa1\u5024\u306b\u5bfe\u3057\u3066\u3001\u682a\u4fa1\u304c\u4e0d\u5f53\u306b\u5b89\u3044\u304b\uff1f\u300d<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"29,3,0,0\"><b data-path-to-node=\"29,3,0,0\" data-index-in-node=\"0\">\u30a8\u30f3\u30c8\u30ea\u30fc\u306e\u77ac\u9593<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,3,1,0\">\u682a\u4fa1\u304c<b data-path-to-node=\"29,3,1,0\" data-index-in-node=\"3\">\u4e0a\u6607<\/b>\u3057\u3066\u3044\u308b\u6700\u4e2d\u30fb\u9ad8\u5024\u66f4\u65b0\u6642<\/span><\/td>\n<td><span data-path-to-node=\"29,3,2,0\">\u682a\u4fa1\u304c<b data-path-to-node=\"29,3,2,0\" data-index-in-node=\"3\">\u4e0b\u843d<\/b>\u3057\u3066\u3044\u308b\u6700\u4e2d\u30fb\u5b89\u5024\u653e\u7f6e\u6642<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"29,4,0,0\"><b data-path-to-node=\"29,4,0,0\" data-index-in-node=\"0\">\u6642\u9593\u8ef8\uff08\u4fdd\u6709\u671f\u9593\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,4,1,0\">\u6570\u65e5\u301c\u6570\u30f6\u6708\uff08\u30c8\u30ec\u30f3\u30c9\u304c\u7d9a\u304f\u9650\u308a\uff09<\/span><\/td>\n<td><span data-path-to-node=\"29,4,2,0\">\u6570\u30f6\u6708\u301c\u6570\u5e74\uff08\u5e02\u5834\u304c\u4fa1\u5024\u306b\u6c17\u3065\u304f\u307e\u3067\uff09<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"29,5,0,0\"><b data-path-to-node=\"29,5,0,0\" data-index-in-node=\"0\">\u6700\u5927\u306e\u30e1\u30ea\u30c3\u30c8<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,5,1,0\"><b data-path-to-node=\"29,5,1,0\" data-index-in-node=\"0\">\u8cc7\u91d1\u52b9\u7387\u304c\u9ad8\u3044<\/b>\uff08\u77ed\u671f\u9593\u3067\u5927\u304d\u306a\u30ea\u30bf\u30fc\u30f3\uff09<\/span><\/td>\n<td><span data-path-to-node=\"29,5,2,0\">\u66b4\u843d\u6642\u306b\u5b89\u304f\u62fe\u3048\u308c\u3070\u5b89\u5168\u57df\uff08Margin of Safety\uff09\u304c\u3042\u308b<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"29,6,0,0\"><b data-path-to-node=\"29,6,0,0\" data-index-in-node=\"0\">\u62b1\u3048\u308b\u6700\u5927\u306e\u30ea\u30b9\u30af<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,6,1,0\">\u30c8\u30ec\u30f3\u30c9\u8ee2\u63db\u6642\u306e\u6025\u843d\u30fb<b data-path-to-node=\"29,6,1,0\" data-index-in-node=\"11\">\u300c\u9ad8\u5024\u63b4\u307f\u300d<\/b><\/span><\/td>\n<td><span data-path-to-node=\"29,6,2,0\">\u682a\u4fa1\u304c\u4e00\u751f\u4e0a\u304c\u3089\u306a\u3044**\u300c\u30d0\u30ea\u30e5\u30fc\u30c8\u30e9\u30c3\u30d7\uff08\u5272\u5b89\u653e\u7f6e\uff09\u300d**<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 data-path-to-node=\"30\">\u8cc7\u91d1\u52b9\u7387\uff08\u6642\u9593\u4fa1\u5024\uff09\u306e\u89b3\u70b9<\/h3>\n<p data-path-to-node=\"31\">\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u306e\u5f31\u70b9\u306f\u3001\u300c\u3044\u3064\u5e02\u5834\u304c\u305d\u306e\u4f01\u696d\u306e\u672c\u5f53\u306e\u4fa1\u5024\u306b\u6c17\u3065\u3044\u3066\u8cb7\u3044\u76f4\u3057\u3066\u304f\u308c\u308b\u304b\u5206\u304b\u3089\u306a\u3044\u300d\u70b9\u306b\u3042\u308a\u307e\u3059\u3002\u4f55\u5e74\u9593\u3082\u682a\u4fa1\u304c\u4f4e\u8ff7\u3057\u7d9a\u3051\u308b\u30ea\u30b9\u30af\uff08\u30d0\u30ea\u30e5\u30fc\u30c8\u30e9\u30c3\u30d7\uff09\u304c\u3042\u308a\u3001\u305d\u306e\u9593\u8cc7\u91d1\u304c\u62d8\u675f\u3055\u308c\u3066\u3057\u307e\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"32\">\u4e00\u65b9\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306f\u300c\u3059\u3067\u306b\u5e02\u5834\u306e\u6ce8\u76ee\u3092\u96c6\u3081\u3066\u52d5\u304d\u51fa\u3057\u3066\u3044\u308b\u9298\u67c4\u300d\u3060\u3051\u3092\u5bfe\u8c61\u3068\u3059\u308b\u305f\u3081\u3001\u30a8\u30f3\u30c8\u30ea\u30fc\u304b\u3089\u5229\u76ca\u78ba\u5b9a\u307e\u3067\u306e\u6642\u9593\u304c\u77ed\u304f\u3001<b data-path-to-node=\"32\" data-index-in-node=\"65\">\u8cc7\u91d1\u306e\u56de\u8ee2\u7387\uff08\u8cc7\u91d1\u52b9\u7387\uff09\u304c\u98db\u8e8d\u7684\u306b\u9ad8\u304f\u306a\u308b<\/b>\u3068\u3044\u3046\u6c7a\u5b9a\u7684\u306a\u30a2\u30c9\u30d0\u30f3\u30c6\u30fc\u30b8\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"34\">1-4. \u671f\u5f85\u5024\u306e\u6570\u5b66\u7684\u30a2\u30d7\u30ed\u30fc\u30c1\uff08\u300c\u640d\u5c0f\u5229\u5927\u300d\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\uff09<\/h2>\n<p data-path-to-node=\"35\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306b\u53d6\u308a\u7d44\u3080\u4e0a\u3067\u3001\u7d76\u5bfe\u306b\u6368\u3066\u53bb\u3089\u306a\u3051\u308c\u3070\u306a\u3089\u306a\u3044\u5e7b\u60f3\u304c\u3042\u308a\u307e\u3059\u3002\u305d\u308c\u306f\u300c\u52dd\u7387\u306e\u9ad8\u3055\u3092\u6c42\u3081\u308b\u3053\u3068\u300d\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"36\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e essence \u306f\u3001\u300c\u305f\u304f\u3055\u3093\u52dd\u3064\u3053\u3068\u300d\u3067\u306f\u306a\u304f\u300c\u52dd\u3064\u3068\u304d\u306b\u5927\u304d\u304f\u52dd\u3061\u3001\u8ca0\u3051\u308b\u3068\u304d\u306b\u5c0f\u3055\u304f\u9003\u3052\u308b\u3053\u3068\u300d\u306b\u3042\u308a\u307e\u3059\u3002\u4e16\u754c\u6700\u9ad8\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\u30c8\u30ec\u30fc\u30c0\u30fc\u305f\u3061\u3067\u3042\u3063\u3066\u3082\u3001\u30c8\u30fc\u30bf\u30eb\u306e\u52dd\u7387\u306f40%\u301c50%\u7a0b\u5ea6\u306b\u904e\u304e\u307e\u305b\u3093\u3002<\/p>\n<p data-path-to-node=\"37\">\u305d\u308c\u3067\u3082\u5de8\u984d\u306e\u8cc7\u7523\u3092\u7bc9\u3051\u308b\u7406\u7531\u306f\u3001\u30c8\u30ec\u30fc\u30c9\u306e\u6570\u5b66\u7684\u671f\u5f85\u5024\uff08Expectancy\uff09\u304c\u6975\u3081\u3066\u9ad8\u3044\u304b\u3089\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"38\">\u671f\u5f85\u5024\uff08<span class=\"math-inline\" data-math=\"E\" data-index-in-node=\"4\">$E$<\/span>\uff09\u306e\u8a08\u7b97\u516c\u5f0f<\/h3>\n<p data-path-to-node=\"39\">\u30c8\u30ec\u30fc\u30c9\u306b\u304a\u3051\u308b1\u56de\u3042\u305f\u308a\u306e\u671f\u5f85\u5024 <span class=\"math-inline\" data-math=\"E\" data-index-in-node=\"18\">$E$<\/span> \u306f\u3001\u4ee5\u4e0b\u306e\u6570\u5f0f\u3067\u5b9a\u7fa9\u3055\u308c\u307e\u3059\u3002<\/p>\n<div data-path-to-node=\"40\">\n<div class=\"math-block\" data-math=\"E = (W \\times P_{\\text{win}}) - (L \\times P_{\\text{loss}})\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.58.24.png\" alt=\"\" width=\"292\" height=\"55\" class=\"aligncenter  wp-image-28989\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.58.24.png 532w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-12.58.24-300x56.png 300w\" sizes=\"(max-width: 292px) 100vw, 292px\" \/><\/div>\n<\/div>\n<ul data-path-to-node=\"41\">\n<li>\n<p data-path-to-node=\"41,0,0\"><span class=\"math-inline\" data-math=\"W\" data-index-in-node=\"0\">W<\/span>\u00a0\uff08Win\uff09: \u52dd\u3061\u30c8\u30ec\u30fc\u30c9\u306e\u5e73\u5747\u5229\u76ca\u984d<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,1,0\"><span class=\"math-inline\" data-math=\"P_{\\text{win}}\" data-index-in-node=\"0\">Pwin<\/span>\u00a0\uff08Probability of Win\uff09: \u52dd\u7387<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,2,0\"><span class=\"math-inline\" data-math=\"L\" data-index-in-node=\"0\">L<\/span>\u00a0\uff08Loss\uff09: \u8ca0\u3051\u30c8\u30ec\u30fc\u30c9\u306e\u5e73\u5747\u640d\u5931\u984d<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,3,0\"><span class=\"math-inline\" data-math=\"P_{\\text{loss}}\" data-index-in-node=\"0\">Ploss<\/span> \uff08Probability of Loss\uff09: \u6557\u7387\uff08<span class=\"math-inline\" data-math=\"1 - P_{\\text{win}}\" data-index-in-node=\"42\">1 &#8211; Pwin<\/span>\uff09<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"42\">2\u3064\u306e\u6295\u8cc7\u5bb6\u306e\u6bd4\u8f03\u30e2\u30c7\u30eb<\/h3>\n<p data-path-to-node=\"43\">\u5177\u4f53\u7684\u306b\u3001\u4ee5\u4e0b\u306e2\u4eba\u306e\u6295\u8cc7\u5bb6\u306e\u30d1\u30d5\u30a9\u30fc\u30de\u30f3\u30b9\u3092\u6bd4\u8f03\u3057\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<h4 data-path-to-node=\"44\">\u6295\u8cc7\u5bb6A\uff08\u52dd\u7387\u91cd\u8996\u30fb\u640d\u5207\u308a\u304c\u3067\u304d\u306a\u3044\u521d\u5fc3\u8005\uff09<\/h4>\n<ul data-path-to-node=\"45\">\n<li>\n<p data-path-to-node=\"45,0,0\">\u52dd\u7387 <span class=\"math-inline\" data-math=\"P_{\\text{win}}\" data-index-in-node=\"3\">Pwin<\/span> = <span class=\"math-inline\" data-math=\"70\\%\" data-index-in-node=\"20\">70%<\/span>\uff080.7\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,1,0\">\u5e73\u5747\u52dd\u3061\u984d <span class=\"math-inline\" data-math=\"W\" data-index-in-node=\"6\">W<\/span> = <span class=\"math-inline\" data-math=\"5\\text{\u4e07\u5186}\" data-index-in-node=\"10\">5\u4e07\u5186<\/span>\uff08\u5229\u78ba\u304c\u65e9\u3059\u304e\u308b\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,2,0\">\u5e73\u5747\u8ca0\u3051\u984d <span class=\"math-inline\" data-math=\"L\" data-index-in-node=\"6\">L<\/span> = <span class=\"math-inline\" data-math=\"15\\text{\u4e07\u5186}\" data-index-in-node=\"10\">15\u4e07\u5186<\/span>\uff08\u640d\u5207\u308a\u304c\u3067\u304d\u305a\u300c\u30b3\u30c4\u30b3\u30c4\u52dd\u3063\u3066\u30c9\u30ab\u30f3\u3068\u8ca0\u3051\u308b\u300d\uff09<\/p>\n<\/li>\n<\/ul>\n<div data-path-to-node=\"46\">\n<div class=\"math-block\" data-math=\"E_A = (5\\text{\u4e07\u5186} \\times 0.7) - (15\\text{\u4e07\u5186} \\times 0.3) = 3.5\\text{\u4e07\u5186} - 4.5\\text{\u4e07\u5186} = \\mathbf{-1.0\\text{\u4e07\u5186}}\">\n<img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.00.18-1024x71.png\" alt=\"\" width=\"560\" height=\"39\" class=\"aligncenter  wp-image-28991\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.00.18-1024x71.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.00.18-300x21.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.00.18-768x53.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.00.18.png 1276w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/><\/div>\n<\/div>\n<p data-path-to-node=\"47\">\u21d2 <b data-path-to-node=\"47\" data-index-in-node=\"2\">1\u56de\u30c8\u30ec\u30fc\u30c9\u3092\u3059\u308b\u305f\u3073\u306b\u5e73\u57471\u4e07\u5186\u305a\u3064\u8cc7\u91d1\u304c\u6e1b\u3063\u3066\u3044\u304f\uff08\u7834\u6ec5\u3078\u306e\u9053\uff09\u3002<\/b><\/p>\n<h4 data-path-to-node=\"48\">\u6295\u8cc7\u5bb6B\uff08\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u5bb6\u30fb\u640d\u5c0f\u5229\u5927\u3092\u5fb9\u5e95\uff09<\/h4>\n<ul data-path-to-node=\"49\">\n<li>\n<p data-path-to-node=\"49,0,0\">\u52dd\u7387 <span class=\"math-inline\" data-math=\"P_{\\text{win}}\" data-index-in-node=\"3\">Pwin<\/span> = <span class=\"math-inline\" data-math=\"40\\%\" data-index-in-node=\"20\">40%<\/span>\uff080.4\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,1,0\">\u5e73\u5747\u52dd\u3061\u984d <span class=\"math-inline\" data-math=\"W\" data-index-in-node=\"6\">W<\/span> = <span class=\"math-inline\" data-math=\"20\\text{\u4e07\u5186}\" data-index-in-node=\"10\">20\u4e07\u5186<\/span>\uff08\u30c8\u30ec\u30f3\u30c9\u306b\u4e57\u3063\u3066\u5229\u76ca\u3092\u9650\u754c\u307e\u3067\u4f38\u3070\u3059\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,2,0\">\u5e73\u5747\u8ca0\u3051\u984d <span class=\"math-inline\" data-math=\"L\" data-index-in-node=\"6\">L<\/span> = <span class=\"math-inline\" data-math=\"5\\text{\u4e07\u5186}\" data-index-in-node=\"10\">5\u4e07\u5186<\/span>\uff08\u9006\u884c\u3057\u305f\u3089\u5373\u5ea7\u306b\u640d\u5207\u308a\uff09<\/p>\n<\/li>\n<\/ul>\n<div data-path-to-node=\"50\">\n<div class=\"math-block\" data-math=\"E_B = (20\\text{\u4e07\u5186} \\times 0.4) - (5\\text{\u4e07\u5186} \\times 0.6) = 8.0\\text{\u4e07\u5186} - 3.0\\text{\u4e07\u5186} = \\mathbf{+5.0\\text{\u4e07\u5186}}\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.16-1024x66.png\" alt=\"\" width=\"532\" height=\"34\" class=\"aligncenter  wp-image-28992\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.16-1024x66.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.16-300x19.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.16-768x50.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.16.png 1264w\" sizes=\"(max-width: 532px) 100vw, 532px\" \/><\/div>\n<\/div>\n<p data-path-to-node=\"51\">\u21d2 <b data-path-to-node=\"51\" data-index-in-node=\"2\">\u52dd\u7387\u304c\u305f\u3063\u305f4\u5272\u3067\u3042\u3063\u3066\u3082\u30011\u56de\u30c8\u30ec\u30fc\u30c9\u3092\u3059\u308b\u305f\u3073\u306b\u5e73\u57475\u4e07\u5186\u305a\u3064\u8cc7\u91d1\u304c\u5897\u3048\u3066\u3044\u304f\u3002<\/b><\/p>\n<h3 data-path-to-node=\"52\">\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4\uff08\u30da\u30a4\u30aa\u30d5\u30fb\u30b7\u30aa\uff09\u306e\u91cd\u8981\u6027<\/h3>\n<p data-path-to-node=\"53\">\u3053\u3053\u3067\u767b\u5834\u3059\u308b\u91cd\u8981\u306a\u6307\u6a19\u304c\u3001\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4\uff08\u30da\u30a4\u30aa\u30d5\u30fb\u30b7\u30aa\uff09\u3067\u3059\u3002<\/p>\n<div data-path-to-node=\"54\">\n<div class=\"math-block\" data-math=\"\\text{\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4} = \\frac{\\text{\u5e73\u5747\u52dd\u3061\u984d } W}{\\text{\u5e73\u5747\u8ca0\u3051\u984d } L}\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.47.png\" alt=\"\" width=\"385\" height=\"68\" class=\"aligncenter  wp-image-28993\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.47.png 736w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.01.47-300x53.png 300w\" sizes=\"(max-width: 385px) 100vw, 385px\" \/><\/div>\n<\/div>\n<p data-path-to-node=\"55\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u3067\u306f\u3001\u30a8\u30f3\u30c8\u30ea\u30fc\u6642\u306b\u300c\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4\u304c\u6700\u4f4e\u3067\u3082 <span class=\"math-inline\" data-math=\"1 : 2\" data-index-in-node=\"33\">$1 : 2$<\/span>\u3001\u7406\u60f3\u7684\u306b\u306f <span class=\"math-inline\" data-math=\"1 : 3\" data-index-in-node=\"45\">$1 : 3$<\/span> \u4ee5\u4e0a\u898b\u8fbc\u3081\u308b\u30bb\u30c3\u30c8\u30a2\u30c3\u30d7\u300d\u3057\u304b\u72d9\u3044\u307e\u305b\u3093\u3002<\/p>\n<ul data-path-to-node=\"56\">\n<li>\n<p data-path-to-node=\"56,0,0\">\u640d\u5931\u30ea\u30b9\u30af\u304c\u300c5%\u300d\u306a\u3089\u3001\u4e0a\u6607\u4f59\u5730\uff08\u5229\u76ca\u76ee\u6a19\uff09\u304c\u300c10%\u301c15%\u4ee5\u4e0a\u300d\u671f\u5f85\u3067\u304d\u308b\u9298\u67c4\u306e\u307f\u3092\u53b3\u9078\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"56,1,0\">\u3053\u308c\u306b\u3088\u308a\u3001\u534a\u5206\u4ee5\u4e0a\u8ca0\u3051\u3066\u3082\u30c8\u30fc\u30bf\u30eb\u53ce\u652f\u306f\u5927\u5e45\u306a\u30d7\u30e9\u30b9\u306b\u53ce\u675f\u3057\u307e\u3059\u3002<\/p>\n<\/li>\n<\/ul>\n<h2 data-path-to-node=\"58\">1-5. \u7b2c1\u7ae0\u306e\u307e\u3068\u3081<\/h2>\n<ul data-path-to-node=\"59\">\n<li>\n<p data-path-to-node=\"59,0,0\"><b data-path-to-node=\"59,0,0\" data-index-in-node=\"0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7<\/b>\u3068\u306f\u3001\u300c\u3059\u3067\u306b\u767a\u751f\u3057\u3066\u3044\u308b\u4fa1\u683c\u306e\u52e2\u3044\u300d\u306b\u4e57\u308a\u3001\u9ad8\u304f\u8cb7\u3063\u3066\u3055\u3089\u306b\u9ad8\u304f\u58f2\u308a\u629c\u3051\u308b\u9806\u5f35\u308a\u624b\u6cd5\u3067\u3042\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,1,0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u304c\u767a\u751f\u3059\u308b\u80cc\u666f\u306b\u306f\u3001<b data-path-to-node=\"59,1,0\" data-index-in-node=\"15\">\u904e\u5c0f\u53cd\u5fdc\u30d0\u30a4\u30a2\u30b9<\/b>\u3001<b data-path-to-node=\"59,1,0\" data-index-in-node=\"24\">\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u5927\u53e3\u8cb7\u3044<\/b>\u3001FOMO\uff08\u53d6\u308a\u6b8b\u3055\u308c\u308b\u6050\u6016\uff09\u3068\u3044\u3046\u884c\u52d5\u7d4c\u6e08\u5b66\u7684\u306a\u30e1\u30ab\u30cb\u30ba\u30e0\u304c\u5b58\u5728\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,2,0\">\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u306b\u6bd4\u3079\u3066<b data-path-to-node=\"59,2,0\" data-index-in-node=\"10\">\u8cc7\u91d1\u56de\u8ee2\u7387\uff08\u6642\u9593\u52b9\u7387\uff09\u304c\u975e\u5e38\u306b\u9ad8\u3044<\/b>\u306e\u304c\u5f37\u307f\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"59,3,0\">\u6295\u8cc7\u306e\u6210\u5426\u3092\u6c7a\u3081\u308b\u306e\u306f\u300c\u52dd\u7387\u306e\u9ad8\u3055\u300d\u3067\u306f\u306a\u304f\u3001\u300c\u640d\u5c0f\u5229\u5927\u306b\u3088\u308b\u671f\u5f85\u5024\u306e\u30d7\u30e9\u30b9\u7dad\u6301\u300d\u3067\u3042\u308b\u3002<\/p>\n<\/li>\n<\/ul>\n<div class=\"xcd-attention-6 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title-wrap\">\n<div class=\"xcd-title\"><span>\u3042\u306a\u305f\u306b\u672c\u5f53\u306b\u9069\u3057\u305f\u6295\u8cc7\u306f\u3069\u308c\uff1f<\/span><\/div>\n<\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u3067\u53ce\u5165\u3092\u5f97\u305f\u3044\u3001\u8cc7\u7523\u3092\u5897\u3084\u3057\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u30ea\u30b9\u30af\u306f\u3067\u304d\u308b\u3060\u3051\u6291\u3048\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6295\u8cc7\u5148\u306e\u898b\u6975\u3081\u65b9\u3092\u77e5\u308a\u305f\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u6210\u529f\u3057\u3066\u3044\u308b\u6295\u8cc7\u5bb6\u3068\u63a5\u70b9\u304c\u6b32\u3057\u3044\u3000YES or NO<\/strong><\/span><br \/>\n<span style=\"font-size: 12pt;\"><strong>\u30fb\u7269\u4fa1\u4e0a\u6607\u3078\u306e\u5bfe\u7b56\u306b\u306f\u6295\u8cc7\u304c\u5fc5\u8981\u3068\u8003\u3048\u3066\u3044\u308b\u3000YES or NO<\/strong><\/span><\/p>\n<p><span style=\"font-size: 14pt;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?argument=XJhet6w1&amp;dmai=a64e31f9ee75a0\"><strong>\u2192\u3000YES\u304c\uff13\u3064\u4ee5\u4e0a\u3060\u3063\u305f\u65b9\u306f\u3001\u3053\u3061\u3089\u3092\u30af\u30ea\u30c3\u30af<\/strong><\/a><\/span><\/p>\n<\/div>\n<\/div>\n<h2 data-path-to-node=\"3\">\u3010\u7b2c2\u7ae0\u3011\u898b\u6975\u3081\u306e\u305f\u3081\u306e\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19\u3068\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0<\/h2>\n<h2 data-path-to-node=\"4\">2-1. \u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u3092\u767a\u6398\u3059\u308b\u300c4\u8ef8\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u300d<\/h2>\n<p data-path-to-node=\"5\">\u6570\u5343\u306b\u53ca\u3076\u4e0a\u5834\u9298\u67c4\u306e\u4e2d\u304b\u3089\u3001\u4eca\u307e\u3055\u306b\u5f37\u3044\u8cc7\u91d1\u304c\u6d41\u308c\u8fbc\u3093\u3067\u3044\u308b\u300c\u30cf\u30a4\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u300d\u3092\u62bd\u51fa\u3059\u308b\u305f\u3081\u306b\u306f\u3001\u53b3\u683c\u306a\u30d5\u30a3\u30eb\u30bf\u30fc\uff08\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\uff09\u3092\u901a\u3059\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"6\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306b\u304a\u3051\u308b\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u306f\u3001\u300c\u30c8\u30ec\u30f3\u30c9\u300d\u300c\u9ad8\u5024\u4f4d\u7f6e\u300d\u300c\u51fa\u6765\u9ad8\u300d\u300c\u696d\u7e3e\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09\u300d\u306e4\u8ef8\u3067\u69cb\u6210\u3057\u307e\u3059\u3002<\/p>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3350 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3350 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_0f34282e3eb2bf22&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_383f86a8b46ec29b&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3350\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3350\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3350\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3350 no-decoration-radius\">\u3010\u30e2\u30e1\u30f3\u30bf\u30e0\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u306e4\u8ef8\u69cb\u9020\u3011\r\n\r\n     \u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n     \u2502 1. \u30c8\u30ec\u30f3\u30c9\u8ef8: \u9577\u671f\u30fb\u4e2d\u671f\u306e\u4e0a\u6607\u57fa\u76e4\uff08\u79fb\u52d5\u5e73\u5747\u7dda\uff09      \u2502\r\n     \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n     \u2502 2. \u9ad8\u5024\u4f4d\u7f6e\u8ef8: \u58f2\u308a\u5727\u529b\u306e\u306a\u3044\u9ad8\u5024\u570f\uff0852\u9031\u9ad8\u5024\u570f\uff09      \u2502\r\n     \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n     \u2502 3. \u51fa\u6765\u9ad8\u8ef8   : \u5927\u53e3\u6295\u8cc7\u5bb6\u306e\u6d41\u5165\uff08\u51fa\u6765\u9ad8\u6025\u5897\u30fb\u6d41\u52d5\u6027\uff09 \u2502\r\n     \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n     \u2502 4. \u696d\u7e3e\u8ef8     : \u5f37\u3044\u4e0a\u6607\u3092\u88cf\u4ed8\u3051\u308b\u9ad8\u6210\u9577\uff08EPS\u30fb\u58f2\u4e0a\uff09  \u2502\r\n     \u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"8\">\u53b3\u9078\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u6761\u4ef6\uff08\u8a2d\u5b9a\u5024\u4e00\u89a7\uff09<\/h3>\n<table data-path-to-node=\"9\">\n<thead>\n<tr>\n<td><strong>\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u8ef8<\/strong><\/td>\n<td><strong>\u8a2d\u5b9a\u9805\u76ee<\/strong><\/td>\n<td><strong>\u63a8\u5968\u30d5\u30a3\u30eb\u30bf\u30fc\u6570\u5024<\/strong><\/td>\n<td><strong>\u6761\u4ef6\u306e\u72d9\u3044\u30fb\u80cc\u666f<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span data-path-to-node=\"9,1,0,0\"><b data-path-to-node=\"9,1,0,0\" data-index-in-node=\"0\">1. \u30c8\u30ec\u30f3\u30c9<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,1,1,0\">\u682a\u4fa1\u3068\u79fb\u52d5\u5e73\u5747\u7dda<\/span><\/td>\n<td><span data-path-to-node=\"9,1,2,0\"><b data-path-to-node=\"9,1,2,0\" data-index-in-node=\"0\">\u682a\u4fa1 \uff1e 50\u65e5SMA \uff1e 200\u65e5SMA<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,1,3,0\">\u9577\u671f\u30fb\u4e2d\u671f\u306e\u53cc\u65b9\u304c\u5b8c\u5168\u306a\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\uff08\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\uff09\u306b\u3042\u308b\u3053\u3068\u3092\u4fdd\u8a3c\u3059\u308b\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><span data-path-to-node=\"9,2,1,0\">200\u65e5\u7dda\u306e\u50be\u304d<\/span><\/td>\n<td><span data-path-to-node=\"9,2,2,0\"><b data-path-to-node=\"9,2,2,0\" data-index-in-node=\"0\">200\u65e5SMA\u304c\u4e0a\u5411\u304d\uff08\u904e\u53bb1\u30f6\u6708\u9593\u4e0a\u6607\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,2,3,0\">\u4e00\u6642\u7684\u306a\u30ea\u30d0\u30a6\u30f3\u30c9\u3067\u306f\u306a\u304f\u3001\u69cb\u9020\u7684\u306a\u8cb7\u3044\u76f8\u5834\u3067\u3042\u308b\u3053\u3068\u306e\u8a3c\u660e\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,3,0,0\"><b data-path-to-node=\"9,3,0,0\" data-index-in-node=\"0\">2. \u9ad8\u5024\u4f4d\u7f6e<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,3,1,0\">52\u9031\u9ad8\u5024\u304b\u3089\u306e\u8ddd\u96e2<\/span><\/td>\n<td><span data-path-to-node=\"9,3,2,0\"><b data-path-to-node=\"9,3,2,0\" data-index-in-node=\"0\">52\u9031\u6700\u9ad8\u5024\u304b\u3089 -15% \u4ee5\u5185<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,3,3,0\">\u4e0a\u5024\u306b\u542b\u307f\u640d\u3092\u62b1\u3048\u305f\u6295\u8cc7\u5bb6\u306e\u300c\u623b\u308a\u58f2\u308a\u300d\u304c\u5b58\u5728\u3057\u306a\u3044\u6700\u9ad8\u6c34\u6e96\u9818\u57df\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,4,0,0\"><b data-path-to-node=\"9,4,0,0\" data-index-in-node=\"0\">3. \u51fa\u6765\u9ad8<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,4,1,0\">\u65e5\u6b21\u58f2\u8cb7\u4ee3\u91d1<\/span><\/td>\n<td><span data-path-to-node=\"9,4,2,0\"><b data-path-to-node=\"9,4,2,0\" data-index-in-node=\"0\">5\u5104\u5186\u4ee5\u4e0a\uff08\u7c73\u56fd\u682a\u306a\u3089 $2M \u4ee5\u4e0a\uff09<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,4,3,0\">\u81ea\u5206\u306e\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u5373\u5ea7\u306b\u73fe\u91d1\u5316\u3067\u304d\u308b\u6d41\u52d5\u6027\u3092\u78ba\u4fdd\u3057\u3001\u30b9\u30ea\u30c3\u30da\u30fc\u30b8\u3092\u9632\u3050\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><span data-path-to-node=\"9,5,1,0\">\u51fa\u6765\u9ad8\u5909\u5316\u7387<\/span><\/td>\n<td><span data-path-to-node=\"9,5,2,0\"><b data-path-to-node=\"9,5,2,0\" data-index-in-node=\"0\">\u76f4\u8fd1\u51fa\u6765\u9ad8 \uff1e 20\u65e5\u5e73\u5747\u51fa\u6765\u9ad8\u306e 150% \u4ee5\u4e0a<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,5,3,0\">\u500b\u4eba\u6295\u8cc7\u5bb6\u3067\u306f\u306a\u304f\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u307e\u3068\u307e\u3063\u305f\u5927\u53e3\u8cc7\u91d1\u304c\u8cfc\u5165\u3092\u958b\u59cb\u3057\u305f\u5408\u56f3\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><span data-path-to-node=\"9,6,0,0\"><b data-path-to-node=\"9,6,0,0\" data-index-in-node=\"0\">4. \u696d\u7e3e<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,6,1,0\">\u76f4\u8fd1EPS\u6210\u9577\u7387<\/span><\/td>\n<td><span data-path-to-node=\"9,6,2,0\"><b data-path-to-node=\"9,6,2,0\" data-index-in-node=\"0\">\u524d\u5e74\u540c\u671f\u6bd4 \uff0b20% \u4ee5\u4e0a<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,6,3,0\">\u5358\u306a\u308b\u300c\u30c6\u30fc\u30de\u6027\u306e\u4ed5\u624b\u5316\u300d\u3067\u306f\u306a\u304f\u3001\u4f01\u696d\u696d\u7e3e\u306e\u62e1\u5927\u3068\u3044\u3046\u88cf\u4ed8\u3051\u3092\u6301\u305f\u305b\u308b\u3002<\/span><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><span data-path-to-node=\"9,7,1,0\">\u76f4\u8fd1\u58f2\u4e0a\u9ad8\u6210\u9577\u7387<\/span><\/td>\n<td><span data-path-to-node=\"9,7,2,0\"><b data-path-to-node=\"9,7,2,0\" data-index-in-node=\"0\">\u524d\u5e74\u540c\u671f\u6bd4 \uff0b15% \u4ee5\u4e0a<\/b><\/span><\/td>\n<td><span data-path-to-node=\"9,7,3,0\">\u30b3\u30b9\u30c8\u524a\u6e1b\u306b\u3088\u308b\u4e00\u6642\u7684\u306a\u5229\u76ca\u3067\u306f\u306a\u304f\u3001\u4e8b\u696d\u898f\u6a21\u305d\u306e\u3082\u306e\u304c\u62e1\u5927\u3057\u3066\u3044\u308b\u304b\u3092\u78ba\u8a8d\u3002<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p data-path-to-node=\"10\">\u3053\u308c\u3089\u306e\u6761\u4ef6\u3092\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u30c4\u30fc\u30eb\uff08TradingView\u3001\u697d\u5929\u8a3c\u5238\u306eiSPEED\u3001\u30de\u30cd\u30c3\u30af\u30b9\u8a3c\u5238\u306e\u9298\u67c4\u30b9\u30ab\u30a6\u30bf\u30fc\u306a\u3069\uff09\u306b\u5165\u529b\u3059\u308b\u3053\u3068\u3067\u3001\u5e02\u5834\u5168\u4f53\u304b\u3089\u5168\u9298\u67c4\u306e\u300c\u4e0a\u4f4d1\u301c2%\u300d\u306b\u3042\u305f\u308b\u6700\u512a\u826f\u306a\u30e2\u30e1\u30f3\u30bf\u30e0\u5019\u88dc\u3060\u3051\u3092\u5373\u5ea7\u306b\u7d5e\u308a\u8fbc\u3080\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"12\">2-2. \u6307\u6a19\u2460\uff1a\u79fb\u52d5\u5e73\u5747\u7dda\uff08SMA\/EMA\uff09\u306b\u3088\u308b\u30c8\u30ec\u30f3\u30c9\u306e\u5f37\u5ea6\u6e2c\u5b9a<\/h2>\n<p data-path-to-node=\"13\">\u30e2\u30e1\u30f3\u30bf\u30e0\u3092\u898b\u6975\u3081\u308b\u6700\u3082\u57fa\u672c\u7684\u306a\u30c4\u30fc\u30eb\u304c\u79fb\u52d5\u5e73\u5747\u7dda\uff08Moving Average\uff09\u3067\u3059\u3002\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u3067\u306f\u4e3b\u306b\u300c20\u65e5\uff08\u77ed\u671f\uff09\u300d\u300c50\u65e5\uff08\u4e2d\u671f\uff09\u300d\u300c200\u65e5\uff08\u9577\u671f\uff09\u300d\u306e\u5358\u7d14\u79fb\u52d5\u5e73\u5747\u7dda\uff08SMA\uff09\u3092\u4f7f\u7528\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"14\">\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u300c\u968e\u5c64\u69cb\u9020\uff08\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\uff09\u300d<\/h3>\n<p data-path-to-node=\"15\">\u771f\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u306f\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u7f8e\u3057\u3044\u968e\u5c64\uff08\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\uff09\u3092\u63cf\u304d\u307e\u3059\u3002<\/p>\n<ul data-path-to-node=\"16\">\n<li>\n<p data-path-to-node=\"16,0,0\"><b data-path-to-node=\"16,0,0\" data-index-in-node=\"0\">\u914d\u7f6e<\/b>: \u4e0a\u304b\u3089\u9806\u306b <b data-path-to-node=\"16,0,0\" data-index-in-node=\"10\">\u300c\u682a\u4fa1 \uff1e 20\u65e5\u7dda \uff1e 50\u65e5\u7dda \uff1e 200\u65e5\u7dda\u300d<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"16,1,0\"><b data-path-to-node=\"16,1,0\" data-index-in-node=\"0\">\u50be\u304d<\/b>: 3\u672c\u3059\u3079\u3066\u306e\u30e9\u30a4\u30f3\u304c\u5e73\u884c\u306b\u53f3\u80a9\u4e0a\u304c\u308a\u3092\u63cf\u3044\u3066\u3044\u308b\u72b6\u614b\u3002<\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"17\">\u3053\u306e\u72b6\u614b\u306b\u3042\u308b\u9298\u67c4\u306f\u3001\u3069\u306e\u6642\u9593\u8ef8\u3067\u8cb7\u3063\u305f\u6295\u8cc7\u5bb6\u3082\u5229\u76ca\u304c\u51fa\u3066\u3044\u308b\uff08\u542b\u307f\u76ca\u72b6\u614b\uff09\u305f\u3081\u3001\u300c\u58f2\u308a\u5727\u529b\u304c\u975e\u5e38\u306b\u5c0f\u3055\u304f\u3001\u8cb7\u3044\u5727\u529b\u304c\u4e00\u65b9\u7684\u306b\u52dd\u308a\u3084\u3059\u3044\u300d\u3068\u3044\u3046\u74b0\u5883\u304c\u6574\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"18\">\u30c0\u30a4\u30ca\u30df\u30c3\u30af\u306a\u30b5\u30dd\u30fc\u30c8\u30e9\u30a4\u30f3\uff08\u62bc\u3057\u76ee\u8cb7\u3044\u306e\u57fa\u6e96\uff09<\/h3>\n<p data-path-to-node=\"19\">\u5f37\u529b\u306a\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u306f\u3001\u4e00\u6642\u7684\u306a\u4e0b\u843d\uff08\u62bc\u3057\u76ee\uff09\u3092\u4f5c\u3063\u305f\u969b\u300120\u65e5SMA\u307e\u305f\u306f50\u65e5SMA\u4ed8\u8fd1\u3067\u30d4\u30bf\u30ea\u3068\u4e0b\u3052\u6b62\u307e\u308a\u3001\u518d\u3073\u53cd\u767a\u3059\u308b\u6027\u8cea\u3092\u6301\u3061\u307e\u3059\u3002\u3053\u306e\u300c\u79fb\u52d5\u5e73\u5747\u7dda\u3078\u306e\u30bf\u30c3\u30c1\uff06\u53cd\u767a\u300d\u306f\u3001\u9045\u308c\u3066\u53c2\u5165\u3059\u308b\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6700\u9ad8\u306e\u62bc\u3057\u76ee\u8cb7\u3044\u30a8\u30f3\u30c8\u30ea\u30fc\u30dd\u30a4\u30f3\u30c8\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"21\">2-3. \u6307\u6a19\u2461\uff1aRSI\uff08\u76f8\u5bfe\u529b\u6307\u6570\uff09\u306e\u9ad8\u5ea6\u306a\u30d1\u30e9\u30e1\u30fc\u30bf\u30fc\u8a2d\u5b9a\u3068\u30e2\u30e1\u30f3\u30bf\u30e0\u89e3\u91c8<\/h2>\n<p data-path-to-node=\"22\">RSI\uff08Relative Strength Index\uff09\u306f\u3001\u901a\u5e38\u300c70\u4ee5\u4e0a\u3067\u8cb7\u308f\u308c\u3059\u304e\uff1d\u58f2\u308a\u300d\u300c30\u4ee5\u4e0b\u3067\u58f2\u3089\u308c\u3059\u304e\uff1d\u8cb7\u3044\u300d\u3068\u3044\u3046<b data-path-to-node=\"22\" data-index-in-node=\"65\">\u9006\u5f35\u308a\uff08\u30d0\u30ea\u30e5\u30fc\u7684\uff09\u306e\u30a2\u30d7\u30ed\u30fc\u30c1<\/b>\u3067\u6559\u3048\u3089\u308c\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u3053\u308c\u304c\u521d\u5fc3\u8005\u306e\u6df7\u4e71\u306e\u5143\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"23\"><b data-path-to-node=\"23\" data-index-in-node=\"0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306b\u304a\u3051\u308bRSI\u306e\u5f79\u5272\u306f\u6b63\u53cd\u5bfe\u3067\u3059\u3002<\/b><\/p>\n<h3 data-path-to-node=\"24\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u5bb6\u306e\u305f\u3081\u306eRSI\u6d3b\u7528\u30eb\u30fc\u30eb<\/h3>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3351 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3351 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_0f34282e3eb2bf22&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_383f86a8b46ec29b&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3351\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3351\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3351\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3351 no-decoration-radius\">\u3010RSI(14) \u306e\u30be\u30fc\u30f3\u5225\u89e3\u91c8\u3068\u6226\u7565\u3011\r\n\r\n100 \u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n    \u2502 80 - 100 : \u8d85\u904e\u71b1\u30be\u30fc\u30f3\uff08\u7206\u767a\u7684\u4e0a\u6607\u306e\u7d42\u76e4\u3001\u5229\u76ca\u78ba\u5b9a\u306e\u6e96\u5099\uff09\u2502\r\n 80 \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n    \u2502 60 - 80  : \u2605\u30cf\u30a4\u30e2\u30e1\u30f3\u30bf\u30e0\u30be\u30fc\u30f3\uff08\u6700\u3082\u6025\u901f\u306b\u682a\u4fa1\u304c\u4e0a\u304c\u308b\uff09 \u2502\r\n 60 \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n    \u2502 50 - 60  : \u30e2\u30e1\u30f3\u30bf\u30e0\u767a\u751f\u306e\u52a9\u8d70\u30be\u30fc\u30f3\uff08\u30a8\u30f3\u30c8\u30ea\u30fc\u306e\u597d\u6a5f\uff09   \u2502\r\n 50 \u251c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2524\r\n    \u2502  0 - 50  : \u5f31\u6c17\u30be\u30fc\u30f3\uff08\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u5bb6\u306f\u624b\u3092\u51fa\u3055\u306a\u3044\uff09      \u2502\r\n  0 \u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h4 data-path-to-node=\"26\">1. \u30d1\u30e9\u30e1\u30fc\u30bf\u30fc\uff08\u671f\u9593\u8a2d\u5b9a\uff09<\/h4>\n<ul data-path-to-node=\"27\">\n<li>\n<p data-path-to-node=\"27,0,0\"><b data-path-to-node=\"27,0,0\" data-index-in-node=\"0\">\u6a19\u6e96\u8a2d\u5b9a<\/b>: <b data-path-to-node=\"27,0,0\" data-index-in-node=\"6\"><code data-path-to-node=\"27,0,0\" data-index-in-node=\"6\">14<\/code><\/b>\uff08\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u306e\u57fa\u672c\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"27,1,0\"><b data-path-to-node=\"27,1,0\" data-index-in-node=\"0\">\u77ed\u671f\u30b9\u30a4\u30f3\u30b0\u7528<\/b>: <b data-path-to-node=\"27,1,0\" data-index-in-node=\"9\"><code data-path-to-node=\"27,1,0\" data-index-in-node=\"9\">9<\/code><\/b>\uff08\u30b7\u30b0\u30ca\u30eb\u306e\u611f\u5ea6\u3092\u9ad8\u3081\u3001\u65e9\u3044\u521d\u52d5\u3092\u6349\u3048\u308b\uff09<\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"28\">2. \u300c50\u30e9\u30a4\u30f3\u7a81\u7834\u300d\u304c\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u958b\u59cb\u306e\u30b7\u30b0\u30ca\u30eb<\/h4>\n<p data-path-to-node=\"29\">RSI\u304c40\u8fd1\u8fba\u306e\u4f4e\u8ff7\u9818\u57df\u304b\u3089\u300c50\uff08\u30cb\u30e5\u30fc\u30c8\u30e9\u30eb\u30e9\u30a4\u30f3\uff09\u300d\u3092\u5f37\u3044\u89d2\u5ea6\u3067\u4e0a\u629c\u3051\u305f\u77ac\u9593\u3001\u5e02\u5834\u306e\u9700\u7d66\u304c\u8cb7\u3044\u512a\u52e2\u3078\u3068\u69cb\u9020\u5909\u5316\u3057\u305f\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002\u3053\u3053\u304c\u6700\u3082\u5b89\u5168\u304b\u3064\u521d\u671f\u6bb5\u968e\u3067\u30a8\u30f3\u30c8\u30ea\u30fc\u3067\u304d\u308b\u30dd\u30a4\u30f3\u30c8\u3067\u3059\u3002<\/p>\n<h4 data-path-to-node=\"30\">3. \u300cRSI 70\u8d85\u3048\u300d\u306f\u58f2\u308a\u3067\u306f\u306a\u304f\u300c\u6700\u5f37\u306e\u8cb7\u3044\u9818\u57df\u300d<\/h4>\n<p data-path-to-node=\"31\">\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u304c\u672c\u683c\u7684\u306b\u8e0f\u307f\u4e0a\u3052\u76f8\u5834\u306b\u5165\u308b\u6642\u3001RSI\u306f70\u3092\u8d85\u3048\u306680\u8fd1\u304f\u307e\u3067\u4e0a\u6607\u3057\u7d9a\u3051\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"31\">\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u5bb6\u304c\u300c\u904e\u71b1\u611f\u304c\u3042\u308b\u300d\u3068\u624b\u3092\u51fa\u305b\u306a\u3044\u3001\u3042\u308b\u3044\u306f\u7a7a\u58f2\u308a\u3092\u4ed5\u639b\u3051\u308b\u5c40\u9762\u3053\u305d\u304c\u3001\u77ed\u671f\u9593\u3067\u6700\u3082\u5927\u304d\u306a\u5024\u5e45\uff08\u30ea\u30bf\u30fc\u30f3\uff09\u3092\u53e9\u304d\u51fa\u3059\u300c\u30b9\u30fc\u30d1\u30fc\u30fb\u30e2\u30e1\u30f3\u30bf\u30e0\u300d\u306e\u5c40\u9762\u3067\u3059\u3002RSI\u304c70\u3092\u8d85\u3048\u3066\u3044\u308b\u304b\u3089\u3068\u3044\u3063\u3066\u6050\u308c\u308b\u5fc5\u8981\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<h2 data-path-to-node=\"33\">2-4. \u6307\u6a19\u2462\uff1aMACD\uff08\u30de\u30c3\u30af\u30c7\u30a3\u30fc\uff09\u306b\u3088\u308b\u8ee2\u63db\u70b9\u3068\u52e2\u3044\u306e\u8996\u899a\u5316<\/h2>\n<p data-path-to-node=\"34\">MACD\uff08Moving Average Convergence Divergence\uff09\u306f\u3001\u6307\u6570\u5e73\u6ed1\u79fb\u52d5\u5e73\u5747\uff08EMA\uff09\u3092\u5229\u7528\u3057\u3066\u30c8\u30ec\u30f3\u30c9\u306e\u65b9\u5411\u6027\u3068\u300c\u52a0\u901f\u5177\u5408\u300d\u3092\u6570\u5024\u5316\u3059\u308b\u6307\u6a19\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"35\">\u6700\u9069\u306a\u30d1\u30e9\u30e1\u30fc\u30bf\u6570\u5024<\/h3>\n<ul data-path-to-node=\"36\">\n<li>\n<p data-path-to-node=\"36,0,0\"><b data-path-to-node=\"36,0,0\" data-index-in-node=\"0\">\u77ed\u671fEMA<\/b>: <b data-path-to-node=\"36,0,0\" data-index-in-node=\"7\"><code data-path-to-node=\"36,0,0\" data-index-in-node=\"7\">12<\/code><\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"36,1,0\"><b data-path-to-node=\"36,1,0\" data-index-in-node=\"0\">\u9577\u671fEMA<\/b>: <b data-path-to-node=\"36,1,0\" data-index-in-node=\"7\"><code data-path-to-node=\"36,1,0\" data-index-in-node=\"7\">26<\/code><\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"36,2,0\"><b data-path-to-node=\"36,2,0\" data-index-in-node=\"0\">\u30b7\u30b0\u30ca\u30eb\uff08MACD\u306e\u79fb\u52d5\u5e73\u5747\uff09<\/b>: <b data-path-to-node=\"36,2,0\" data-index-in-node=\"17\"><code data-path-to-node=\"36,2,0\" data-index-in-node=\"17\">9<\/code><\/b><\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"37\">\u203b\u30a2\u30b0\u30ec\u30c3\u30b7\u30d6\u306b\u65e9\u3044\u521d\u52d5\u3092\u6349\u3048\u305f\u3044\u5834\u5408\u306f <b data-path-to-node=\"37\" data-index-in-node=\"21\"><code data-path-to-node=\"37\" data-index-in-node=\"21\">8 \/ 17 \/ 9<\/code><\/b> \u306e\u77ed\u7e2e\u30d1\u30e9\u30e1\u30fc\u30bf\u3082\u6709\u52b9\u3067\u3059\u304c\u3001\u9a19\u3057\uff08\u30c0\u30de\u30b7\uff09\u304c\u5897\u3048\u308b\u305f\u3081\u3001\u307e\u305a\u306f\u6a19\u6e96\u5024 <code data-path-to-node=\"37\" data-index-in-node=\"68\">12 \/ 26 \/ 9<\/code> \u3092\u63a8\u5968\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"38\">MACD\u30e2\u30e1\u30f3\u30bf\u30e0\u5224\u5b9a\u306e3\u30b9\u30c6\u30c3\u30d7<\/h3>\n<ol start=\"1\" data-path-to-node=\"39\">\n<li>\n<p data-path-to-node=\"39,0,0\"><b data-path-to-node=\"39,0,0\" data-index-in-node=\"0\">\u30bc\u30ed\u30e9\u30a4\u30f3\u3088\u308a\u4e0a\u3067\u306e\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9<\/b><\/p>\n<p data-path-to-node=\"39,0,0\">MACD\u7dda\u304c\u30b7\u30b0\u30ca\u30eb\u7dda\u3092\u4e0b\u304b\u3089\u4e0a\u306b\u629c\u3051\u308b\uff08\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\uff09\u73fe\u8c61\u81ea\u4f53\u306f\u983b\u7e41\u306b\u8d77\u304d\u307e\u3059\u304c\u3001\u300cMACD\u7dda\u3068\u30b7\u30b0\u30ca\u30eb\u7dda\u306e\u4e21\u65b9\u304c\u30bc\u30ed\u30e9\u30a4\u30f3\u3088\u308a\u300e\u4e0a\uff08\u30d7\u30e9\u30b9\u570f\uff09\u300f\u306b\u3042\u308b\u72b6\u614b\u300d\u3067\u8d77\u304d\u305f\u30af\u30ed\u30b9\u3060\u3051\u3092\u72d9\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u300c\u3059\u3067\u306b\u5f37\u6c17\u76f8\u5834\u306e\u4e2d\u3067\u306e\u4e00\u6642\u7684\u306a\u62bc\u3057\u76ee\u304c\u5b8c\u4e86\u3057\u3001\u518d\u52a0\u901f\u3092\u958b\u59cb\u3057\u305f\u300d\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"39,1,0\"><b data-path-to-node=\"39,1,0\" data-index-in-node=\"0\">\u30d2\u30b9\u30c8\u30b0\u30e9\u30e0\u306e\u5c71\uff08Bar\uff09\u306e\u6025\u62e1\u5927<\/b><\/p>\n<p data-path-to-node=\"39,1,0\">MACD\u30d2\u30b9\u30c8\u30b0\u30e9\u30e0\uff08MACD\u7dda\u3068\u30b7\u30b0\u30ca\u30eb\u7dda\u306e\u5dee\u3092\u8868\u3059\u68d2\u30b0\u30e9\u30d5\uff09\u304c\u3001\u30bc\u30ed\u304b\u3089\u4e0a\u65b9\u5411\u3078\u6025\u901f\u306b\u4f38\u3073\u3066\u3044\u308b\u72b6\u614b\u306f\u3001\u4e0a\u6607\u30a8\u30cd\u30eb\u30ae\u30fc\u304c<b data-path-to-node=\"39,1,0\" data-index-in-node=\"80\">\u52a0\u901f\u5ea6\u7684\uff08\u4e8c\u6b21\u95a2\u6570\u7684\uff09\u306b\u5897\u52a0\u3057\u3066\u3044\u308b\u8a3c\u62e0<\/b>\u3067\u3059\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"39,2,0\"><b data-path-to-node=\"39,2,0\" data-index-in-node=\"0\">\u30c0\u30a4\u30d0\u30fc\u30b8\u30a7\u30f3\u30b9\u306b\u3088\u308b\u30e2\u30e1\u30f3\u30bf\u30e0\u5931\u901f\u306e\u691c\u77e5<\/b><\/p>\n<p data-path-to-node=\"39,2,0\">\u682a\u4fa1\u306f\u524d\u56de\u306e\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u3066\u4e0a\u5024\u3092\u4f38\u3070\u3057\u3066\u3044\u308b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001MACD\u306e\u5c71\uff08\u30d4\u30fc\u30af\uff09\u304c\u524d\u56de\u3088\u308a\u3082\u4f4e\u304f\u306a\u3063\u3066\u3044\u308b\u72b6\u614b\u3092\u300c\u5f31\u6c17\u30c0\u30a4\u30d0\u30fc\u30b8\u30a7\u30f3\u30b9\u300d\u3068\u547c\u3073\u307e\u3059\u3002\u3053\u308c\u306f\u300c\u682a\u4fa1\u306f\u4e0a\u304c\u3063\u3066\u3044\u308b\u304c\u3001\u305d\u306e\u5185\u90e8\u306e\u52e2\u3044\uff08\u30e2\u30e1\u30f3\u30bf\u30e0\uff09\u306f\u3059\u3067\u306b\u6b7b\u306b\u4f53\u3067\u3042\u308b\u300d\u3053\u3068\u3092\u793a\u3057\u3066\u304a\u308a\u3001\u5f37\u529b\u306a\u58f2\u308a\uff08\u5229\u76ca\u78ba\u5b9a\uff09\u30b5\u30a4\u30f3\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<\/li>\n<\/ol>\n<h2 data-path-to-node=\"41\">2-5. \u3010\u8907\u5408\u5b9f\u8df5\u3011RSI \u00d7 MACD \u00d7 \u51fa\u6765\u9ad8\u306b\u3088\u308b\u300c\u30c8\u30ea\u30d7\u30eb\u30fb\u30b3\u30f3\u30d5\u30a1\u30e1\u30fc\u30b7\u30e7\u30f3\u6226\u7565\u300d<\/h2>\n<p data-path-to-node=\"42\">\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19\u306f\u3001\u5358\u4f53\u3067\u4f7f\u7528\u3059\u308b\u3068\u3069\u3046\u3057\u3066\u3082\u300c\u9a19\u3057\uff08\u507d\u306e\u30b7\u30b0\u30ca\u30eb\uff09\u300d\u304c\u767a\u751f\u3057\u307e\u3059\u3002\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u52dd\u7387\u3092\u5287\u7684\u306b\u5f15\u304d\u4e0a\u3052\u308b\u305f\u3081\u306b\u306f\u3001\u8907\u6570\u306e\u6839\u62e0\u304c\u540c\u4e00\u30dd\u30a4\u30f3\u30c8\u3067\u5408\u81f4\u3057\u305f\u77ac\u9593\uff08\u30b3\u30f3\u30d5\u30eb\u30a8\u30f3\u30b9\uff09\u3060\u3051\u3092\u72d9\u3044\u6483\u3061\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"43\">\u5b8c\u74a7\u306a\u30a8\u30f3\u30c8\u30ea\u30fc\u30fb\u30bb\u30c3\u30c8\u30a2\u30c3\u30d7\u306e\u30c1\u30a7\u30c3\u30af\u30ea\u30b9\u30c8<\/h3>\n<p data-path-to-node=\"44\">\u4ee5\u4e0b\u306e\u6761\u4ef6\u304c\u3059\u3079\u3066\u6e80\u305f\u3055\u308c\u305f\u3068\u304d\u3001\u6700\u9ad8\u7cbe\u5ea6\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\u30a8\u30f3\u30c8\u30ea\u30fc\u304c\u5b8c\u6210\u3057\u307e\u3059\u3002<\/p>\n<ul data-path-to-node=\"45\">\n<li>\n<p data-path-to-node=\"45,0,0\">[ ] <b data-path-to-node=\"45,0,0\" data-index-in-node=\"4\">\u74b0\u5883\u8a8d\u8b58<\/b>: \u682a\u4fa1\u304c <b data-path-to-node=\"45,0,0\" data-index-in-node=\"14\">20\u65e5\u30fb50\u65e5\u30fb200\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u4e0a<\/b> \u306b\u4f4d\u7f6e\u3057\u3066\u3044\u308b\uff08\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\uff09\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,1,0\">[ ] <b data-path-to-node=\"45,1,0\" data-index-in-node=\"4\">\u4fdd\u3061\u3042\u3044\u96e2\u308c\uff08\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\uff09<\/b>: \u682a\u4fa1\u304c\u6570\u9031\u9593\u7d9a\u3044\u305f\u300c\u63c9\u307f\u5408\u3044\u306e\u5929\u4e95\uff08\u30ec\u30b8\u30b9\u30bf\u30f3\u30b9\u7dda\uff09\u300d\u3092\u4e0a\u629c\u3051\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,2,0\">[ ] <b data-path-to-node=\"45,2,0\" data-index-in-node=\"4\">\u51fa\u6765\u9ad8\u306e\u6025\u5897<\/b>: \u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\u3057\u305f\u65e5\u306e\u51fa\u6765\u9ad8\u304c\u3001<b data-path-to-node=\"45,2,0\" data-index-in-node=\"28\">20\u65e5\u5e73\u5747\u51fa\u6765\u9ad8\u306e2\u500d\u4ee5\u4e0a<\/b>\u306b\u81a8\u308c\u4e0a\u304c\u3063\u3066\u3044\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,3,0\">[ ] <b data-path-to-node=\"45,3,0\" data-index-in-node=\"4\">MACD\u306e\u88cf\u4ed8\u3051<\/b>: MACD\u304c\u30d7\u30e9\u30b9\u570f\u3067\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3092\u7dad\u6301\u3001\u307e\u305f\u306f\u30d2\u30b9\u30c8\u30b0\u30e9\u30e0\u304c\u7dd1\u8272\uff08\u4e0a\u5411\u304d\uff09\u306b\u53cd\u8ee2\u62e1\u5927\u3057\u3066\u3044\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,4,0\">[ ] <b data-path-to-node=\"45,4,0\" data-index-in-node=\"4\">RSI\u306e\u88cf\u4ed8\u3051<\/b>: RSI\uff0814\uff09\u304c <b data-path-to-node=\"45,4,0\" data-index-in-node=\"22\">55\u301c65\u306e\u7bc4\u56f2<\/b> \u306b\u3042\u308a\u3001\u4e0a\u65b9\u5411\u3078\u5f37\u3044\u89d2\u5ea6\u3067\u50be\u659c\u3057\u3066\u3044\u308b\uff08\u904e\u71b1\u3057\u3059\u304e\u3066\u304a\u3089\u305a\u3001\u4f38\u3073\u4ee3\u304c\u5341\u5206\u306b\u3042\u308b\u72b6\u614b\uff09\u3002<\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"46\">\u3053\u306e\u300c\u6839\u62e0\u306e\u91cd\u306d\u5408\u308f\u305b\u300d\u3092\u5fb9\u5e95\u3059\u308b\u3053\u3068\u3067\u3001\u7121\u99c4\u306a\u30c8\u30ec\u30fc\u30c9\uff08\u304a\u4f11\u307f\u306e\u76f8\u5834\u3067\u7121\u95c7\u306b\u58f2\u8cb7\u3059\u308b\u3053\u3068\uff09\u304c\u6fc0\u6e1b\u3057\u3001\u4e00\u767a\u3067\u5927\u304d\u306a\u30c8\u30ec\u30f3\u30c9\u3092\u63b4\u3080\u78ba\u7387\u304c\u8df3\u306d\u4e0a\u304c\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"48\">2-6. \u7b2c2\u7ae0\u306e\u307e\u3068\u3081<\/h2>\n<ul data-path-to-node=\"49\">\n<li>\n<p data-path-to-node=\"49,0,0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u306e\u9078\u5b9a\u306b\u306f\u3001\u300c\u30c8\u30ec\u30f3\u30c9\u300d\u300c\u9ad8\u5024\u4f4d\u7f6e\u300d\u300c\u51fa\u6765\u9ad8\u300d\u300c\u696d\u7e3e\u300d\u306e4\u8ef8\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u304c\u5fc5\u9808\u3067\u3042\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,1,0\">\u79fb\u52d5\u5e73\u5747\u7dda\u306f\u5358\u306b\u4fa1\u683c\u3092\u898b\u308b\u3060\u3051\u3067\u306a\u304f\u3001<b data-path-to-node=\"49,1,0\" data-index-in-node=\"19\">\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\u306b\u3088\u308b\u9700\u7d66\u306e\u504f\u308a<\/b>\u3092\u78ba\u8a8d\u3059\u308b\u305f\u3081\u306b\u4f7f\u3046\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,2,0\">RSI\uff0814\uff09\u306f\u9006\u5f35\u308a\u6307\u6a19\u3067\u306f\u306a\u304f\u300150\u8d8a\u3048\u301c70\u53f0\u306e\u300c\u30e2\u30e1\u30f3\u30bf\u30e0\u30be\u30fc\u30f3\u300d\u3092\u6349\u3048\u308b\u305f\u3081\u306b\u4f7f\u7528\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,3,0\">MACD\u306f\u300c\u30d7\u30e9\u30b9\u570f\u3067\u306e\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u300d\u3068\u300c\u30d2\u30b9\u30c8\u30b0\u30e9\u30e0\u306e\u62e1\u5927\u300d\u306b\u7d5e\u3063\u3066\u52e2\u3044\u3092\u6e2c\u5b9a\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,4,0\">\u5358\u4e00\u306e\u6307\u6a19\u306b\u983c\u3089\u305a\u3001<b data-path-to-node=\"49,4,0\" data-index-in-node=\"10\">\u51fa\u6765\u9ad8\u6025\u5897\uff0b\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\uff0bRSI\uff0bMACD\u306e\u6839\u62e0\u5408\u81f4<\/b>\u3067\u30a8\u30f3\u30c8\u30ea\u30fc\u7cbe\u5ea6\u3092\u6975\u9650\u307e\u3067\u9ad8\u3081\u308b\u3002<\/p>\n<\/li>\n<\/ul>\n<h1 data-path-to-node=\"3\">\u3010\u7b2c3\u7ae0\u3011\u6c7a\u7b97\u76f4\u5f8c\uff08PEAD\uff09\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\u653b\u7565\u6cd5<\/h1>\n<h2 data-path-to-node=\"4\">3-1. \u6c7a\u7b97\u767a\u8868\u5f8c\u306e\u30c9\u30ea\u30d5\u30c8\u73fe\u8c61\uff08PEAD\uff09\u306e\u30e1\u30ab\u30cb\u30ba\u30e0<\/h2>\n<p data-path-to-node=\"5\">\u6c7a\u7b97\u767a\u8868\u306f\u3001\u4f01\u696d\u306e\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u306b\u95a2\u3059\u308b\u60c5\u5831\u304c\u4e00\u6c17\u306b\u5e02\u5834\u3078\u958b\u793a\u3055\u308c\u308b\u5927\u30a4\u30d9\u30f3\u30c8\u3067\u3059\u3002\u3053\u306e\u6642\u3001\u5e02\u5834\u306e\u4e88\u60f3\u3092\u9065\u304b\u306b\u8d85\u3048\u308b\u597d\u6c7a\u7b97\u304c\u51fa\u308b\u3068\u3001\u682a\u4fa1\u306f\u767a\u8868\u76f4\u5f8c\u3060\u3051\u3067\u306a\u304f\u3001<b data-path-to-node=\"5\" data-index-in-node=\"81\">\u305d\u306e\u5f8c\u6570\u9031\u9593\u304b\u3089\u6570\u30f6\u6708\uff08\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u6b21\u306e\u6c7a\u7b97\u307e\u3067\uff09\u306b\u308f\u305f\u3063\u3066\u6301\u7d9a\u7684\u306b\u4e0a\u6607\u3057\u7d9a\u3051\u308b\u6027\u8cea<\/b>\u3092\u6301\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"6\">\u3053\u306e\u73fe\u8c61\u3092\u5b66\u8853\u7684\u30fb\u5b9f\u52d9\u7684\u306bPEAD\uff08Post-Earnings-Announcement Drift\uff1a\u6c7a\u7b97\u767a\u8868\u5f8c\u306e\u30c9\u30ea\u30d5\u30c8\u73fe\u8c61\uff09\u3068\u547c\u3073\u307e\u3059\u3002<\/p>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3361 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3361 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_e60502e1473b7ea5&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_a33d297cf7500a06&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3361\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3361\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3361\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3361 no-decoration-radius\">\u3010PEAD\uff08\u6c7a\u7b97\u5f8c\u30c9\u30ea\u30d5\u30c8\uff09\u304c\u767a\u751f\u3059\u308b\u30d7\u30ed\u30bb\u30b9\u3011\r\n\r\n [\u597d\u6c7a\u7b97\u30fb\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u5927\u5e45\u8d85\u3048\u306e\u767a\u8868]\r\n        \u2502\r\n        \u25bc\r\n \u30101\u65e5\u76ee\u3011\u682a\u4fa1\u304c\u7a93\u3092\u7a7a\u3051\u3066\u6025\u9a30\uff08\u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\uff09\r\n        \u2502\r\n        \u25bc\r\n \u30102\u65e5\u76ee\u301c\u6570\u9031\u9593\u3011\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u30a2\u30ed\u30b1\u30fc\u30b7\u30e7\u30f3\uff08\u8cb7\u4ed8\uff09\u304c\u672c\u683c\u958b\u59cb\r\n        \u2502 \u2500\u2500 \u6570\u5343\u5104\u5186\u898f\u6a21\u306e\u8cc7\u91d1\u306f1\u65e5\u3067\u306f\u8cb7\u3048\u306a\u3044\u305f\u3081\u3001\u6bce\u65e5\u8cb7\u3044\u6ce8\u6587\u304c\u5165\u308b\r\n        \u25bc\r\n \u3010\u6570\u65e5\u301c1\u30f6\u6708\u3011\u30a2\u30ca\u30ea\u30b9\u30c8\u306b\u3088\u308b\u300c\u76ee\u6a19\u682a\u4fa1\u5f15\u304d\u4e0a\u3052\u300d\u306e\u9023\u9396\r\n        \u2502 \u2500\u2500 \u76ee\u6a19\u682a\u4fa1\u306e\u5f15\u304d\u4e0a\u3052\u304c\u65b0\u305f\u306a\u8cb7\u3044\u3092\u547c\u3073\u8fbc\u3080\r\n        \u25bc\r\n \u3010\u6570\u30f6\u6708\u9593\u3011\u682a\u4fa1\u304c\u6bb5\u968e\u7684\u306b\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u7d9a\u3051\u308b\u300cPEAD\u30c8\u30ec\u30f3\u30c9\u300d\u306e\u5f62\u6210\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h3 data-path-to-node=\"8\">\u306a\u305c\u5373\u5ea7\u306b\u5272\u5b89\u30fb\u9069\u6b63\u4fa1\u683c\u307e\u3067\u53ce\u675f\u3057\u306a\u3044\u306e\u304b\uff1f<\/h3>\n<p data-path-to-node=\"9\">\u52b9\u7387\u7684\u5e02\u5834\u4eee\u8aac\u306b\u3088\u308c\u3070\u3001\u597d\u30cb\u30e5\u30fc\u30b9\u304c\u51fa\u305f\u77ac\u9593\u306b\u682a\u4fa1\u306f\u9069\u6b63\u6c34\u6e96\u307e\u3067\u4e00\u77ac\u3067\u8df3\u306d\u4e0a\u304c\u308a\u3001\u305d\u3053\u304b\u3089\u5148\u306f\u6a2a\u3070\u3044\u306b\u306a\u308b\u306f\u305a\u3067\u3059\u3002\u3057\u304b\u3057\u73fe\u5b9f\u306e\u91d1\u878d\u5e02\u5834\u3067\u306f\u3001\u300c\u5927\u53e3\u6a5f\u95a2\u6295\u8cc7\u5bb6\uff08\u6a5f\u95a2\u6295\u8cc7\u5bb6\u30fb\u30d8\u30c3\u30b8\u30d5\u30a1\u30f3\u30c9\uff09\u306e\u8cb7\u3044\u4ed8\u3051\u306b\u306f\u7269\u7406\u7684\u306a\u6642\u9593\u304c\u304b\u304b\u308b\u300d\u3068\u3044\u3046\u69cb\u9020\u7684\u5236\u7d04\u304c\u5b58\u5728\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"10\">\u6570\u5104\u5186\u304b\u3089\u6570\u767e\u5104\u5186\u3068\u3044\u3046\u5de8\u984d\u306e\u8cc7\u91d1\u30921\u3064\u306e\u9298\u67c4\u306b\u6295\u5165\u3059\u308b\u5834\u5408\u3001\u5e02\u5834\u3067\u76ee\u7acb\u305f\u306a\u3044\u3088\u3046\u4f55\u65e5\u3082\u3001\u3042\u308b\u3044\u306f\u4f55\u9031\u9593\u3082\u304b\u3051\u3066\u30a2\u30eb\u30b4\u30ea\u30ba\u30e0\u3067\u8cb7\u3044\u96c6\u3081\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002\u3053\u306e\u300c\u5927\u53e3\u8cc7\u91d1\u306e\u7d99\u7d9a\u7684\u6d41\u5165\u300d\u3053\u305d\u304c\u3001PEAD\u306b\u3088\u308b\u5f37\u70c8\u306a\u30e2\u30e1\u30f3\u30bf\u30e0\u3092\u7dad\u6301\u3055\u305b\u308b\u30a8\u30f3\u30b8\u30f3\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"12\">3-2. \u672c\u7269\u306e\u300c\u6c7a\u7b97\u30e2\u30e1\u30f3\u30bf\u30e0\u300d\u3092\u898b\u6975\u3081\u308b4\u3064\u306e\u7d76\u5bfe\u6761\u4ef6<\/h2>\n<p data-path-to-node=\"13\">\u6c7a\u7b97\u5f8c\u306b\u4e0a\u304c\u3063\u3066\u3044\u308b\u9298\u67c4\u3059\u3079\u3066\u304c\u8cb7\u3044\u5bfe\u8c61\u306b\u306a\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u4e00\u77ac\u3060\u3051\u9ad8\u9a30\u3057\u3066\u3059\u3050\u306b\u66b4\u843d\u3059\u308b\u300c\u30c0\u30de\u30b7\uff08\u6750\u6599\u51fa\u5c3d\u304f\u3057\uff09\u300d\u3092\u56de\u907f\u3057\u3001\u672c\u7269\u306ePEAD\u306b\u4e57\u308b\u305f\u3081\u306e4\u3064\u306e\u6761\u4ef6\u3092\u63d0\u793a\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"14\">\u2460 \u300c\u30c0\u30d6\u30eb\u30fb\u30d3\u30fc\u30c8\uff08Double Beat\uff09\u300d\uff0b\u300c\u5f37\u3044\u30ac\u30a4\u30c0\u30f3\u30b9\u300d<\/h3>\n<p data-path-to-node=\"15\">\u5358\u306b\u300c\u9ed2\u5b57\u5316\u3057\u305f\u300d\u300c\u524d\u5e74\u6bd4\u3067\u4f38\u3073\u305f\u300d\u3060\u3051\u3067\u306f\u4e0d\u5341\u5206\u3067\u3059\u3002\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u8a55\u4fa1\u3059\u308b\u306e\u306f\u300c\u5e02\u5834\u4e88\u60f3\uff08\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\uff09\u3068\u306e\u6bd4\u8f03\u300d\u3067\u3059\u3002<\/p>\n<ul data-path-to-node=\"16\">\n<li>\n<p data-path-to-node=\"16,0,0\"><b data-path-to-node=\"16,0,0\" data-index-in-node=\"0\">\u58f2\u4e0a\u9ad8\uff08Revenue\uff09<\/b>: \u5e02\u5834\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u4e88\u60f3\u3092\u30af\u30ea\u30a2<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"16,1,0\"><b data-path-to-node=\"16,1,0\" data-index-in-node=\"0\">EPS\uff081\u682a\u5f53\u305f\u308a\u5229\u76ca\uff09<\/b>: \u5e02\u5834\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u4e88\u60f3\u3092\u30af\u30ea\u30a2<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"16,2,0\"><b data-path-to-node=\"16,2,0\" data-index-in-node=\"0\">\u6b21\u671f\u30ac\u30a4\u30c0\u30f3\u30b9\uff08\u696d\u7e3e\u4e88\u60f3\uff09<\/b>: \u4f1a\u793e\u5074\u304c\u767a\u8868\u3057\u305f\u898b\u901a\u3057\u304c\u3001\u5e02\u5834\u4e88\u60f3\u3092\u4e0a\u56de\u3063\u3066\u4e0a\u65b9\u4fee\u6b63\u3055\u308c\u3066\u3044\u308b<\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"17\">\u3053\u308c\u30893\u3064\u304c\u63c3\u3063\u305f\u72b6\u614b\u3092\u300c\u30c8\u30ea\u30d7\u30eb\u30fb\u30b5\u30f3\u30d7\u30e9\u30a4\u30ba\u300d\u3068\u547c\u3073\u3001\u6700\u3082\u5f37\u3044\u8cb7\u53ce\u5727\u529b\u3092\u751f\u307f\u51fa\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"18\">\u2461 \u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\uff08\u7a93\u3042\u3051\uff09\u3068\u5927\u967d\u7dda\u306e\u5f62\u6210<\/h3>\n<p data-path-to-node=\"19\">\u6c7a\u7b97\u767a\u8868\u306e\u7fcc\u55b6\u696d\u65e5\u3001\u682a\u4fa1\u304c\u524d\u65e5\u7d42\u5024\u304b\u3089\u5927\u304d\u304f\u96e2\u308c\u3066\u9ad8\u3044\u4f4d\u7f6e\u304b\u3089\u59cb\u307e\u308b\u73fe\u8c61\u3092\u300c\u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\uff08\u7a93\u3042\u3051\uff09\u300d\u3068\u547c\u3073\u307e\u3059\u3002<\/p>\n<ul data-path-to-node=\"20\">\n<li>\n<p data-path-to-node=\"20,0,0\"><b data-path-to-node=\"20,0,0\" data-index-in-node=\"0\">\u672c\u7269\u306e\u30b7\u30b0\u30ca\u30eb<\/b>: \u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\u3067\u59cb\u307e\u3063\u305f\u5f8c\u3001\u58f2\u308a\u5d29\u3055\u308c\u308b\u3053\u3068\u306a\u304f\u3055\u3089\u306b\u8cb7\u308f\u308c\u3001<b data-path-to-node=\"20,0,0\" data-index-in-node=\"40\">\u300c\u5b9f\u4f53\u306e\u9577\u3044\u5927\u967d\u7dda\u300d\u3092\u5f62\u6210\u3057\u3066\u9ad8\u5024\u570f\u3067\u5f15\u3051\u308b\uff08\u9ad8\u5024\u5f15\u3051\uff09<\/b>\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"20,1,0\"><b data-path-to-node=\"20,1,0\" data-index-in-node=\"0\">\u507d\u306e\u30b7\u30b0\u30ca\u30eb\uff08\u6ce8\u610f\uff09<\/b>: \u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\u5f8c\u306b\u5bc4\u308a\u4ed8\u304d\u304b\u3089\u3072\u305f\u3059\u3089\u58f2\u3089\u308c\u3001\u9577\u3044\u4e0a\u30d2\u30b2\u3092\u4f5c\u3063\u305f\u308a\u9670\u7dda\u3067\u5f15\u3051\u305f\u308a\u3059\u308b\u5834\u5408\u306f\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u300c\u5229\u76ca\u78ba\u5b9a\uff08\u58f2\u308a\u629c\u3051\uff09\u300d\u306b\u4f7f\u3063\u3066\u3044\u308b\u305f\u3081\u3001\u7d76\u5bfe\u306b\u8cb7\u3063\u3066\u306f\u3044\u3051\u307e\u305b\u3093\u3002<\/p>\n<\/li>\n<\/ul>\n<h3 data-path-to-node=\"21\">\u2462 \u904e\u53bb\u6570\u30f6\u6708\u3067\u6700\u5927\u306e\u300c\u7206\u767a\u7684\u51fa\u6765\u9ad8\u300d<\/h3>\n<p data-path-to-node=\"22\">\u6c7a\u7b97\u7fcc\u65e5\u306e\u51fa\u6765\u9ad8\uff08\u58f2\u8cb7\u9ad8\uff09\u306f\u3001\u30e2\u30e1\u30f3\u30bf\u30e0\u306e\u300c\u71c3\u6599\u306e\u91cf\u300d\u3092\u793a\u3057\u307e\u3059\u3002 <b data-path-to-node=\"22\" data-index-in-node=\"34\">50\u65e5\u5e73\u5747\u51fa\u6765\u9ad8\u306e\u300c3\u500d\u301c5\u500d\u4ee5\u4e0a\u300d\u306e\u7206\u767a\u7684\u306a\u51fa\u6765\u9ad8<\/b>\u3092\u4f34\u3063\u3066\u4e0a\u6607\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u305d\u308c\u306f\u500b\u4eba\u6295\u8cc7\u5bb6\u306e\u30de\u30cd\u30fc\u30b2\u30fc\u30e0\u3067\u306f\u306a\u304f\u3001\u5de8\u5927\u306a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u304c\u672c\u683c\u7684\u306b\u30dd\u30b8\u30b7\u30e7\u30f3\u3092\u69cb\u7bc9\u3057\u59cb\u3081\u305f\u6c7a\u5b9a\u7684\u306a\u8a3c\u62e0\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"23\">\u2463 52\u9031\u9ad8\u5024\uff08\u307e\u305f\u306f\u4e0a\u5834\u6765\u9ad8\u5024\uff09\u306e\u66f4\u65b0<\/h3>\n<p data-path-to-node=\"24\">\u6c7a\u7b97\u306b\u3088\u308b\u6025\u9a30\u306b\u3088\u3063\u3066\u3001\u682a\u4fa1\u304c\u300c52\u9031\u9ad8\u5024\uff08\u904e\u53bb1\u5e74\u9593\u306e\u6700\u9ad8\u5024\uff09\u300d\u307e\u305f\u306f\u300c\u4e0a\u5834\u6765\u9ad8\u5024\u300d\u3092\u7a81\u304d\u629c\u3051\u305f\u5834\u5408\u3001\u904e\u53bb\u306b\u305d\u306e\u682a\u3092\u8cb7\u3063\u305f\u6295\u8cc7\u5bb6\u306e\u4e2d\u306b\u300c\u542b\u307f\u640d\u3092\u62b1\u3048\u3066\u3044\u308b\u4eba\u300d\u304c1\u4eba\u3082\u3044\u306a\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"25\">\u623b\u308a\u58f2\u308a\uff08\u300c\u30c8\u30f3\u30c8\u30f3\u306b\u306a\u3063\u305f\u304b\u3089\u58f2\u308a\u305f\u3044\u300d\u3068\u3044\u3046\u58f2\u308a\u5727\u529b\uff09\u304c\u4e00\u5207\u5b58\u5728\u3057\u306a\u3044\u300c\u771f\u7a7a\u5730\u5e2f\uff08\u30af\u30ea\u30fc\u30f3\u30c1\u30e3\u30fc\u30c8\uff09\u300d\u306b\u7a81\u5165\u3059\u308b\u305f\u3081\u3001\u5c11\u3057\u306e\u8cb7\u3044\u6ce8\u6587\u3067\u3082\u682a\u4fa1\u304c\u6025\u901f\u306b\u8df3\u306d\u4e0a\u304c\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"27\">3-3. \u6c7a\u7b97\u76f4\u5f8c\u306b\u72d9\u3046\u3079\u304d2\u5927\u30c1\u30e3\u30fc\u30c8\u30d1\u30bf\u30fc\u30f3<\/h2>\n<p data-path-to-node=\"28\">\u6c7a\u7b97\u5f8c\u306b\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u5bb6\u304c\u72d9\u3046\u3079\u304d\u9ec4\u91d1\u306e\u30c1\u30e3\u30fc\u30c8\u5f62\u72b6\u304c2\u3064\u5b58\u5728\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"29\">\u30d1\u30bf\u30fc\u30f3A\uff1a\u30cf\u30a4\u30fb\u30bf\u30a4\u30c8\u30fb\u30d5\u30e9\u30c3\u30b0\uff08High Tight Flag\uff09<\/h3>\n<p data-path-to-node=\"30\">\u682a\u5f0f\u5e02\u5834\u306b\u304a\u3044\u3066<b data-path-to-node=\"30\" data-index-in-node=\"8\">\u6700\u3082\u51fa\u73fe\u983b\u5ea6\u304c\u4f4e\u304f\u3001\u304b\u3064\u6700\u3082\u7206\u767a\u7684\u306a\u5229\u76ca\u3092\u751f\u307f\u51fa\u3059\u6700\u5f37\u306e\u30d1\u30bf\u30fc\u30f3<\/b>\u3067\u3059\u3002<\/p>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3362 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3362 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_e60502e1473b7ea5&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_a33d297cf7500a06&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3362\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3362\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3362\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3362 no-decoration-radius\">\u3010\u30cf\u30a4\u30fb\u30bf\u30a4\u30c8\u30fb\u30d5\u30e9\u30c3\u30b0\u306e\u69cb\u9020\u3011\r\n\r\n  [\u682a\u4fa1]\r\n   \u2191        \u3000\u3000\u3000\u3000\u3000          \/ \u2197 (\u7b2c2\u6ce2\u306e\u7206\u767a\u7684\u30d6\u30ec\u30a4\u30af)\r\n   \u2502          \u3000\u3000\u3000\u3000     \u250c\u2500\/\u2500\u2500\u2500\u2500\u2510\r\n   \u2502       \u3000\u3000\u3000\u3000        \u2502\/          \u2502 \u2190 \u30d5\u30e9\u30c3\u30b0\uff08\u65d7\uff09\u5f62\u6210\r\n   \u2502       \u3000\u3000\u3000      \u250c\u2500\u253c\u2500\u2500\u2510     \u2502    \u30fb\u5e45\u306f10\u301c20%\u4ee5\u5185\u306e\u6d45\u3044\u62bc\u3057\r\n   \u2502         \u3000\u3000\u3000    \u2502  \u2514\u2500\u2500\u253c-\u2500\u2500\u2518    \u30fb\u51fa\u6765\u9ad8\u306f\u6025\u6fc0\u306b\u67af\u6e07\uff08\u6e1b\u5c11\u3057\uff09\u3057\u3066\u3044\u304f\r\n   \u2502            \u3000\u3000\u3000 \u2502        \u2502\r\n   \u2502       \u250c\u2500\u2500\u2500\u2500\u2500\u2518        \u2502\r\n   \u2502       \u2502 (\u30dd\u30fc\u30eb)  \u3000    \u3000 \u2502 \u2190 \u30dd\u30fc\u30eb\uff08\u65d7\u7aff\uff09\u5f62\u6210\r\n   \u2502       \u2502                    \u2502    \u30fb3\u301c8\u9031\u9593\u3067100%\uff082\u500d\uff09\u4ee5\u4e0a\u306e\u6025\u9a30\r\n   \u2502\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500-\u2500\u2500\u2500\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2192 [\u6642\u9593]\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<h4 data-path-to-node=\"32\">\u5f62\u6210\u6761\u4ef6<\/h4>\n<ol start=\"1\" data-path-to-node=\"33\">\n<li>\n<p data-path-to-node=\"33,0,0\"><b data-path-to-node=\"33,0,0\" data-index-in-node=\"0\">\u30dd\u30fc\u30eb\uff08\u65d7\u7aff\uff09\u306e\u5f62\u6210<\/b>: \u6c7a\u7b97\u306a\u3069\u3092\u304d\u3063\u304b\u3051\u306b\u3001\u308f\u305a\u304b3\u301c8\u9031\u9593\u3068\u3044\u3046\u77ed\u671f\u9593\u3067\u682a\u4fa1\u304c\u300c+100%\uff082\u500d\uff09\u4ee5\u4e0a\u300d\u6025\u9a30\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"33,1,0\"><b data-path-to-node=\"33,1,0\" data-index-in-node=\"0\">\u30d5\u30e9\u30c3\u30b0\uff08\u65d7\uff09\u306e\u5f62\u6210<\/b>: \u6025\u9a30\u5f8c\u3001\u9ad8\u5024\u570f\u3067\u6a2a\u3070\u3044\uff08\u307e\u305f\u306f\u7de9\u3084\u304b\u306a\u4e0b\u843d\uff09\u306e\u8abf\u6574\u306b\u5165\u308b\u3002\u3053\u306e\u6642\u306e\u5024\u5e45\u8abf\u6574\u306f\u6700\u9ad8\u5024\u304b\u3089\u300c20%\u4ee5\u5185\uff08\u7406\u60f3\u306f10\u301c15%\u4ee5\u5185\uff09\u300d\u3068\u975e\u5e38\u306b\u6d45\u304f\u3001\u30bf\u30a4\u30c8\uff08\u56fa\u3044\uff09\u306b\u7dad\u6301\u3055\u308c\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"33,2,0\"><b data-path-to-node=\"33,2,0\" data-index-in-node=\"0\">\u51fa\u6765\u9ad8\u306e\u67af\u6e07<\/b>: \u8abf\u6574\u671f\u9593\u4e2d\u3001\u58f2\u308a\u624b\u304c\u5c45\u306a\u304f\u306a\u308b\u305f\u3081<b data-path-to-node=\"33,2,0\" data-index-in-node=\"25\">\u51fa\u6765\u9ad8\u304c\u6975\u7aef\u306b\u6e1b\u5c11<\/b>\u3059\u308b\u3002<\/p>\n<\/li>\n<\/ol>\n<h4 data-path-to-node=\"34\">\u30a8\u30f3\u30c8\u30ea\u30fc\u30dd\u30a4\u30f3\u30c8<\/h4>\n<p data-path-to-node=\"35\">\u30d5\u30e9\u30c3\u30b0\u306e\u300c\u4e0a\u5024\u62b5\u6297\u7dda\uff08\u30ec\u30b8\u30b9\u30bf\u30f3\u30b9\uff09\u300d\u3092\u518d\u3073\u51fa\u6765\u9ad8\u3092\u4f34\u3063\u3066\u4e0a\u306b\u7a81\u304d\u629c\u3051\u305f\u77ac\u9593\uff08\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\uff09\u306b\u30a8\u30f3\u30c8\u30ea\u30fc\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"37\">\u30d1\u30bf\u30fc\u30f3B\uff1aVCP\uff08Volatilty Contraction Pattern\uff1a\u6ce2\u52d5\u53ce\u7e2e\u30d1\u30bf\u30fc\u30f3\uff09<\/h3>\n<p data-path-to-node=\"38\">\u540d\u8457\u300e\u30df\u30cd\u30eb\u30f4\u30a3\u30cb\u306e\u6210\u9577\u682a\u6295\u8cc7\u6cd5\u300f\u3067\u8457\u540d\u306a\u30de\u30fc\u30af\u30fb\u30df\u30cd\u30eb\u30f4\u30a3\u30cb\u6c0f\u304c\u63d0\u5531\u3057\u305f\u3001\u6c7a\u7b97\u5f8c\u306e\u5b9a\u578b\u30d1\u30bf\u30fc\u30f3\u3067\u3059\u3002<\/p>\n<h4 data-path-to-node=\"39\">\u5f62\u6210\u6761\u4ef6<\/h4>\n<p data-path-to-node=\"40\">\u6c7a\u7b97\u6025\u9a30\u5f8c\u306e\u8abf\u6574\u5c40\u9762\u306b\u304a\u3044\u3066\u3001\u682a\u4fa1\u306e\u632f\u308c\u5e45\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff09\u304c\u300c\u5de6\u304b\u3089\u53f3\u306b\u5411\u304b\u3063\u3066\u6bb5\u968e\u7684\u306b\u5c0f\u3055\u304f\u306a\u3063\u3066\u3044\u304f\u300d\u73fe\u8c61\u3067\u3059\u3002<\/p>\n<ul data-path-to-node=\"41\">\n<li>\n<p data-path-to-node=\"41,0,0\"><b data-path-to-node=\"41,0,0\" data-index-in-node=\"0\">1\u56de\u76ee\u306e\u62bc\u3057<\/b>: -20%\u306e\u4e0b\u843d<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,1,0\"><b data-path-to-node=\"41,1,0\" data-index-in-node=\"0\">2\u56de\u76ee\u306e\u62bc\u3057<\/b>: -10%\u306e\u4e0b\u843d<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,2,0\"><b data-path-to-node=\"41,2,0\" data-index-in-node=\"0\">3\u56de\u76ee\u306e\u62bc\u3057<\/b>: -5%\u306e\u4e0b\u843d\uff08\u5f90\u3005\u306b\u632f\u308c\u5e45\u304c\u5c0f\u3055\u304f\u56fa\u307e\u3063\u3066\u3044\u304f\uff09<\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"42\">\u3053\u308c\u306f\u3001\u58f2\u308a\u5727\u529b\u304c\u6bb5\u968e\u7684\u306b\u5e02\u5834\u304b\u3089\u5b8c\u5168\u306b\u6383\u304d\u51fa\u3055\u308c\u3001\u4f9b\u7d66\uff08\u58f2\u308a\u624b\uff09\u304c\u30bc\u30ed\u306b\u8fd1\u3065\u3044\u3066\u3044\u308b\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002\u3053\u306e\u53ce\u7e2e\u306e\u300c\u6700\u3082\u53f3\u5074\u306e\u56fa\u307e\u3063\u305f\u30dd\u30a4\u30f3\u30c8\uff08Pivot Point\uff09\u300d\u3092\u4e0a\u629c\u3051\u305f\u77ac\u9593\u3001\u4e00\u6c17\u306b\u682a\u4fa1\u304c\u5439\u304d\u98db\u3073\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"44\">3-4. \u7b2c3\u7ae0\u306e\u307e\u3068\u3081<\/h2>\n<ul data-path-to-node=\"45\">\n<li>\n<p data-path-to-node=\"45,0,0\">PEAD\uff08\u6c7a\u7b97\u5f8c\u30c9\u30ea\u30d5\u30c8\uff09\u306f\u3001\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u8cb7\u4ed8\u30bf\u30a4\u30e0\u30e9\u30b0\u3068\u30a2\u30ca\u30ea\u30b9\u30c8\u4e88\u60f3\u4fee\u6b63\u306b\u3088\u3063\u3066\u6570\u30f6\u6708\u6301\u7d9a\u3059\u308b\u69cb\u9020\u7684\u73fe\u8c61\u3067\u3042\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,1,0\">\u6c7a\u7b97\u76f4\u5f8c\u306f\u58f2\u4e0a\u9ad8\u30fbEPS\u306e\u300c\u30c0\u30d6\u30eb\u30d3\u30fc\u30c8\u300d\u3068\u300c\u5e02\u5834\u4e88\u60f3\u3092\u4e0a\u56de\u308b\u30ac\u30a4\u30c0\u30f3\u30b9\u300d\u304c\u5fc5\u9808\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,2,0\"><b data-path-to-node=\"45,2,0\" data-index-in-node=\"0\">\u51fa\u6765\u9ad8\u304c\u901a\u5e38\u306e3\u500d\u301c5\u500d\u4ee5\u4e0a<\/b>\u81a8\u3089\u307f\u3001\u5927\u967d\u7dda\u3067\u9ad8\u5024\u5f15\u3051\u3057\u305f\u9298\u67c4\u3060\u3051\u3092\u72d9\u3046\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,3,0\">\u30c1\u30e3\u30fc\u30c8\u5f62\u72b6\u3068\u3057\u3066\u306f\u3001\u62bc\u3057\u76ee\u306e\u6d45\u3044\u300c\u30cf\u30a4\u30fb\u30bf\u30a4\u30c8\u30fb\u30d5\u30e9\u30c3\u30b0\u300d<b data-path-to-node=\"45,3,0\" data-index-in-node=\"30\">\u3084\u3001\u6ce2\u52d5\u304c\u5c0f\u3055\u304f\u306a\u308b<\/b>\u300cVCP\u30d1\u30bf\u30fc\u30f3\u300d\u304b\u3089\u306e\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\u3092\u72d9\u3044\u6483\u3064\u3002<\/p>\n<\/li>\n<\/ul>\n<p data-path-to-node=\"0\">\u305d\u308c\u3067\u306f\u3001\u3044\u3088\u3044\u3088\u6700\u7d42\u7ae0\u3068\u306a\u308b\u3010\u7b2c4\u7ae0\uff1a\u30ea\u30b9\u30af\u7ba1\u7406\u30fb\u8cc7\u91d1\u7ba1\u7406\u30fb\u5b8c\u5168\u30c8\u30ec\u30fc\u30c9\u30b7\u30ca\u30ea\u30aa\u3011\uff08\u7d042,500\u6587\u5b57\uff09\u306b\u9032\u307f\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"1\">\u3069\u308c\u307b\u3069\u512a\u308c\u305f\u624b\u6cd5\u3084\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u3092\u77e5\u3063\u3066\u3044\u3066\u3082\u3001\u76f8\u5834\u306b100%\u306e\u7d76\u5bfe\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u300c\u8ca0\u3051\u305f\u6642\u306b\u8cc7\u7523\u3092\u5b88\u308a\u3001\u52dd\u3063\u305f\u6642\u306b\u53e3\u5ea7\u8cc7\u7523\u3092\u6700\u5927\u5316\u3055\u305b\u308b\u300d\u305f\u3081\u306e\u7834\u7dbb\u3057\u306a\u3044\u30ea\u30b9\u30af\u7ba1\u7406\u30eb\u30fc\u30eb\u3068\u3001\u5b9f\u969b\u306e\u30c8\u30ec\u30fc\u30c9\u306e\u5168\u5de5\u7a0b\uff08\u30a8\u30f3\u30c8\u30ea\u30fc\u304b\u3089\u6c7a\u6e08\u307e\u3067\uff09\u3092\u5b8c\u5168\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<div class=\"xcd-attention-1 xcd-col2 xcd-ripple\">\n<div class=\"xcd-title\"><strong>\u8cc7\u7523\u904b\u7528\u3067\u5931\u6557\u3057\u305f\u304f\u306a\u3044\u65b9\u3078<\/strong><\/div>\n<div class=\"xcd-content\"><strong>\u79c1\u305f\u3061GFS\u3067\u306f\u3001\u5b66\u6821\u3067\u306f\u6559\u3048\u3066\u3082\u3089\u3048\u306a\u304b\u3063\u305f\u304a\u91d1\u306e\u3053\u3068\u304c\u308f\u304b\u308b\u7121\u6599\u30b3\u30f3\u30c6\u30f3\u30c4\u3092\u3054\u7528\u610f\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><br \/>\n<strong><span style=\"color: #0066c0;\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=om&amp;utm_medium=om&amp;utm_content=14519\" style=\"color: #0066c0;\">\u226b \u7121\u6599\u8b1b\u5ea7\uff1a\u304a\u91d1\u306e\u30d7\u30ed\u304c\u6559\u3048\u308b\u300c\u521d\u5fc3\u8005\u304c\u6bce\u6708\u53ce\u5165\u3092\u5f97\u308b\u6295\u8cc7\u306e\u59cb\u3081\u65b9\u300d<\/a><\/span><\/strong><\/div>\n<\/div>\n<h1 data-path-to-node=\"3\">\u3010\u7b2c4\u7ae0\u3011\u30ea\u30b9\u30af\u7ba1\u7406\u30fb\u8cc7\u91d1\u7ba1\u7406\u30fb\u5b8c\u5168\u30c8\u30ec\u30fc\u30c9\u30b7\u30ca\u30ea\u30aa<\/h1>\n<h2 data-path-to-node=\"4\">4-1. \u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306b\u304a\u3051\u308b\u751f\u547d\u7dda\u300c\u8cc7\u91d1\u7ba1\u7406\uff08\u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30b8\u30f3\u30b0\uff09\u300d<\/h2>\n<p data-path-to-node=\"5\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u5bb6\u304c\u7834\u7523\u3059\u308b\u539f\u56e0\u306e99%\u306f\u3001\u300c\u624b\u6cd5\u306e\u5931\u6557\u300d\u3067\u306f\u306a\u304f\u300c\u30aa\u30fc\u30d0\u30fc\u30dd\u30b8\u30b7\u30e7\u30cb\u30f3\u30b0\uff08\u8eab\u306e\u4e08\u306b\u5408\u308f\u306a\u3044\u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30ba\uff09\u300d<b data-path-to-node=\"5\" data-index-in-node=\"63\">\u3068<\/b>\u300c\u640d\u5207\u308a\u306e\u9045\u308c\u300d\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"6\">\u30e2\u30e1\u30f3\u30bf\u30e0\u682a\u306f\u4e0a\u6607\u306e\u52e2\u3044\u304c\u5f37\u3044\u53cd\u9762\u3001\u30c8\u30ec\u30f3\u30c9\u304c\u5d29\u308c\u305f\u969b\u306e\u6025\u964d\u4e0b\uff08\u66b4\u843d\uff09\u30b9\u30d4\u30fc\u30c9\u3082\u975e\u5e38\u306b\u901f\u3044\u7279\u5fb4\u3092\u6301\u3061\u307e\u3059\u3002\u305d\u306e\u305f\u3081\u3001\u611f\u60c5\u3092\u5b8c\u5168\u306b\u6392\u9664\u3057\u305f\u53b3\u683c\u306a\u8cc7\u91d1\u7ba1\u7406\uff08\u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30b8\u30f3\u30b0\uff09\u304c\u751f\u547d\u7dda\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"8\">4-2. \u30d7\u30ed\u304c\u5b88\u308b\u300c2%\u30eb\u30fc\u30eb\u300d\u3068\u8cfc\u5165\u682a\u6570\u306e\u5b8c\u5168\u7b97\u51fa\u30b9\u30c6\u30c3\u30d7<\/h2>\n<p data-path-to-node=\"9\">\u4e16\u754c\u306e\u30c8\u30c3\u30d7\u30c8\u30ec\u30fc\u30c0\u30fc\u304c\u5fb9\u5e95\u3057\u3066\u3044\u308b\u8cc7\u91d1\u7ba1\u7406\u306e\u57fa\u672c\u30eb\u30fc\u30eb\u304c\u300c2%\u30eb\u30fc\u30eb\uff08\u307e\u305f\u306f1%\u30eb\u30fc\u30eb\uff09\u300d\u3067\u3059\u3002<\/p>\n<blockquote data-path-to-node=\"10\">\n<p data-path-to-node=\"10,0\"><b data-path-to-node=\"10,0\" data-index-in-node=\"0\">2%\u30eb\u30fc\u30eb\u3068\u306f\uff1f<\/b><\/p>\n<p data-path-to-node=\"10,0\">\u300c1\u56de\u306e\u30c8\u30ec\u30fc\u30c9\u3067\u4e88\u671f\u305b\u306c\u64a4\u9000\uff08\u640d\u5207\u308a\uff09\u306b\u306a\u3063\u305f\u3068\u3057\u3066\u3082\u3001<b data-path-to-node=\"10,0\" data-index-in-node=\"38\">\u5931\u3046\u8cc7\u91d1\uff08\u8a31\u5bb9\u640d\u5931\u984d\uff09\u3092\u7dcf\u53e3\u5ea7\u8cc7\u7523\u306e\u300e2%\u4ee5\u5185\u300f\u306b\u6291\u3048\u308b<\/b>\u3088\u3046\u306b\u8cfc\u5165\u682a\u6570\u3092\u8abf\u6574\u3059\u308b\u300d\u3068\u3044\u3046\u8cc7\u91d1\u7ba1\u7406\u539f\u5247\u3002<\/p>\n<\/blockquote>\n<h3 data-path-to-node=\"11\">\u5177\u4f53\u7684\u306a\u8a08\u7b97\u624b\u9806\uff08\u30b9\u30c6\u30c3\u30d7\u30d0\u30a4\u30b9\u30c6\u30c3\u30d7\uff09<\/h3>\n<h4 data-path-to-node=\"12\">\u3010\u524d\u63d0\u6761\u4ef6\u306e\u8a2d\u5b9a\u3011<\/h4>\n<ul data-path-to-node=\"13\">\n<li>\n<p data-path-to-node=\"13,0,0\"><b data-path-to-node=\"13,0,0\" data-index-in-node=\"0\">\u7dcf\u904b\u7528\u8cc7\u7523<\/b>: 500\u4e07\u5186<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"13,1,0\"><b data-path-to-node=\"13,1,0\" data-index-in-node=\"0\">\u8a31\u5bb9\u6700\u5927\u640d\u5931\uff082%\uff09<\/b>: <span class=\"math-inline\" data-math=\"500\\text{\u4e07\u5186} \\times 0.02 = \\mathbf{10\\text{\u4e07\u5186}}\" data-index-in-node=\"12\">500\u4e07\u5186 \u00d7 0.02 = 10\u4e07\u5186<\/span>\u00a0\uff081\u56de\u306e\u30c8\u30ec\u30fc\u30c9\u306710\u4e07\u5186\u4ee5\u4e0a\u306e\u640d\u3092\u51fa\u3057\u3066\u306f\u306a\u3089\u306a\u3044\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"13,2,0\"><b data-path-to-node=\"13,2,0\" data-index-in-node=\"0\">\u8cfc\u5165\u3092\u691c\u8a0e\u3057\u3066\u3044\u308b\u9298\u67c4A<\/b>:<\/p>\n<ul data-path-to-node=\"13,2,1\">\n<li>\n<p data-path-to-node=\"13,2,1,0,0\">\u30a8\u30f3\u30c8\u30ea\u30fc\u4e88\u5b9a\u4fa1\u683c\uff08\u8cb7\u5024\uff09: <b data-path-to-node=\"13,2,1,0,0\" data-index-in-node=\"15\">2,000\u5186<\/b><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"13,2,1,1,0\">\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u306b\u57fa\u3065\u304f\u640d\u5207\u308a\u30e9\u30a4\u30f3: <b data-path-to-node=\"13,2,1,1,0\" data-index-in-node=\"19\">1,840\u5186<\/b>\uff08\u8cb7\u5024\u3088\u308a -8% \u4e0b\u306e\u30b5\u30dd\u30fc\u30c8\u30e9\u30a4\u30f3\uff09<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"14\">\u3010\u30b9\u30c6\u30c3\u30d71\u30111\u682a\u3042\u305f\u308a\u306e\u30ea\u30b9\u30af\u984d\uff08\u640d\u5207\u308a\u5e45\uff09\u3092\u7b97\u51fa\u3059\u308b<\/h4>\n<div data-path-to-node=\"15\">\n<div class=\"math-block\" data-math=\"\\text{1\u682a\u3042\u305f\u308a\u306e\u30ea\u30b9\u30af} = \\text{\u8cb7\u5024 (2,000\u5186)} - \\text{\u640d\u5207\u308a\u4fa1\u683c (1,840\u5186)} = \\mathbf{160\u5186}\">1\u682a\u3042\u305f\u308a\u306e\u30ea\u30b9\u30af = \u8cb7\u5024 (2,000\u5186) &#8211; \u640d\u5207\u308a\u4fa1\u683c (1,840\u5186) = 160\u5186<\/div>\n<\/div>\n<h4 data-path-to-node=\"16\">\u3010\u30b9\u30c6\u30c3\u30d72\u3011\u8a31\u5bb9\u640d\u5931\u984d\u304b\u3089\u8cfc\u5165\u53ef\u80fd\u306a\u300c\u6700\u5927\u682a\u6570\u300d\u3092\u7b97\u51fa\u3059\u308b<\/h4>\n<div data-path-to-node=\"17\">\n<div class=\"math-block\" data-math=\"\\text{\u8cfc\u5165\u53ef\u80fd\u682a\u6570} = \\frac{\\text{\u7dcf\u8a31\u5bb9\u640d\u5931\u984d (10\u4e07\u5186)}}{\\text{1\u682a\u3042\u305f\u308a\u306e\u30ea\u30b9\u30af (160\u5186)}} = 625\\text{\u682a}\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.06.10.png\" alt=\"\" width=\"493\" height=\"63\" class=\"aligncenter  wp-image-28994\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.06.10.png 974w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.06.10-300x38.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.06.10-768x98.png 768w\" sizes=\"(max-width: 493px) 100vw, 493px\" \/><\/div>\n<\/div>\n<p data-path-to-node=\"18\">\u5358\u5143\u682a\uff08100\u682a\u5358\u4f4d\uff09\u306b\u5207\u308a\u6368\u3066\u308b\u305f\u3081\u3001\u30a8\u30f3\u30c8\u30ea\u30fc\u3059\u3079\u304d\u682a\u6570\u306f\u300c600\u682a\u300d\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<h4 data-path-to-node=\"19\">\u3010\u30b9\u30c6\u30c3\u30d73\u3011\u7dcf\u6295\u8cc7\u984d\uff08\u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30ba\uff09\u3092\u78ba\u8a8d\u3059\u308b<\/h4>\n<div data-path-to-node=\"20\">\n<div class=\"math-block\" data-math=\"600\\text{\u682a} \\times 2,000\\text{\u5186} = \\mathbf{120\\text{\u4e07\u5186}}\">600\u682a \u00d7 2,000\u5186 = 120\u4e07\u5186<\/div>\n<\/div>\n<p data-path-to-node=\"21\">500\u4e07\u5186\u306e\u8cc7\u91d1\u306e\u3046\u3061\u3001120\u4e07\u5186\u5206\uff08\u8cc7\u7523\u306e24%\uff09\u3092\u3053\u306e\u9298\u67c4\u306b\u6295\u5165\u3059\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p><response-element class=\"\" ng-version=\"0.0.0-PLACEHOLDER\"><code-block _nghost-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3370 enable-luminous-code-block ng-star-inserted\"><\/code-block><\/response-element><\/p>\n<div _ngcontent-ng-c3591150031=\"\" class=\"code-block ng-tns-c3591150031-3370 ng-animate-disabled ng-trigger ng-trigger-codeBlockRevealAnimation\" jslog=\"223238;track:impression,attention;BardVeMetadataKey:[[&quot;r_ef164014f54a0cea&quot;,&quot;c_f9941fe78d21d12e&quot;,null,&quot;rc_c4c854e35f332e61&quot;,null,null,&quot;ja&quot;,null,1,null,null,1,0]]\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"formatted-code-block-internal-container ng-tns-c3591150031-3370\">\n<div _ngcontent-ng-c3591150031=\"\" class=\"animated-opacity ng-tns-c3591150031-3370\">\n<pre _ngcontent-ng-c3591150031=\"\" class=\"ng-tns-c3591150031-3370\"><code _ngcontent-ng-c3591150031=\"\" role=\"text\" data-test-id=\"code-content\" class=\"code-container formatted ng-tns-c3591150031-3370 no-decoration-radius\">\u3010\u8cc7\u91d1\u3068\u30dd\u30b8\u30b7\u30e7\u30f3\u306e\u69cb\u9020\u30a4\u30e1\u30fc\u30b8\u3011\r\n\r\n \u7dcf\u8cc7\u7523: 500\u4e07\u5186\r\n \u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n \u2502 \u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30ba: 120\u4e07\u5186\u2502 \u73fe\u91d1\u30fb\u4ed6\u30dd\u30b8\u30b7\u30e7\u30f3: 380\u4e07\u5186      \u2502\r\n \u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u252c\u2500\u2500\u2534\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n         \u3000\u3000\u3000\u3000\u3000    \u2502 \r\n                       \u25bc \u682a\u4fa1\u304c -8% \u4e0b\u843d\u3057\u3066\u640d\u5207\u308a\u767a\u52d5\r\n \u250c\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2510\r\n \u2502 \u640d\u5931\u984d: -9.6\u4e07\u5186                              \u2502 \u2190 \u8a31\u5bb9\u9650\u754c\u306e10\u4e07\u5186\uff082%\uff09\u4ee5\u5185\u306b\u5b8c\u74a7\u306b\u53ce\u307e\u308b\uff01\r\n \u2514\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2500\u2518\r\n<\/code><\/pre>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p data-path-to-node=\"23\">\u3053\u306e\u300c\u9006\u7b97\u601d\u8003\uff08\u5931\u3063\u3066\u3082\u826f\u3044\u91d1\u984d\u304b\u3089\u8cfc\u5165\u682a\u6570\u3092\u6c7a\u3081\u308b\uff09\u300d\u3092\u5fb9\u5e95\u3057\u3066\u3044\u308c\u3070\u3001\u305f\u3068\u3048<b data-path-to-node=\"23\" data-index-in-node=\"40\">10\u56de\u9023\u7d9a\u3067\u640d\u5207\u308a\u306b\u306a\u308b\u3088\u3046\u306a\u58ca\u6ec5\u7684\u306a\u76f8\u5834\u306b\u3042\u305f\u3063\u3066\u3082\u3001\u8cc7\u91d1\u306f8\u5272\u4ee5\u4e0a\u6b8b\u308b<\/b>\u305f\u3081\u3001\u5e02\u5834\u304b\u3089\u9000\u5834\u3055\u305b\u3089\u308c\u308b\u3053\u3068\u306f\u7d76\u5bfe\u306b\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<h2 data-path-to-node=\"25\">4-3. \u5229\u76ca\u3092\u6700\u5927\u5316\u3059\u308b\u300c\u30c8\u30ec\u30fc\u30ea\u30f3\u30b0\u30b9\u30c8\u30c3\u30d7\uff08\u5207\u308a\u4e0a\u3052\uff09\u300d\u6280\u8853<\/h2>\n<p data-path-to-node=\"26\">\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u3067\u6700\u3082\u96e3\u3057\u3044\u306e\u304c\u300c\u3044\u3064\u5229\u76ca\u3092\u78ba\u5b9a\uff08\u624b\u4ed5\u821e\u3044\uff09\u3059\u308b\u304b\u300d\u3067\u3059\u3002\u5229\u78ba\u304c\u65e9\u3059\u304e\u308b\u3068\u300c\u6570\u767e%\u306e\u5de8\u5927\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u300d\u3092\u9003\u3057\u3001\u9045\u3059\u304e\u308b\u3068\u300c\u6025\u843d\u3057\u3066\u542b\u307f\u76ca\u304c\u6d88\u6ec5\u300d\u3057\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"27\">\u3053\u306e\u554f\u984c\u3092\u89e3\u6c7a\u3059\u308b\u306e\u304c\u300c\u30c8\u30ec\u30fc\u30ea\u30f3\u30b0\u30b9\u30c8\u30c3\u30d7\uff08Trailing Stop\uff09\u300d\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"28\">\u30c8\u30ec\u30fc\u30ea\u30f3\u30b0\u30b9\u30c8\u30c3\u30d7\u306e\u57fa\u672c\u601d\u60f3<\/h3>\n<p data-path-to-node=\"29\">\u682a\u4fa1\u304c\u4e0a\u6607\u3059\u308b\u306b\u3064\u308c\u3066\u3001\u300c\u640d\u5207\u308a\u30e9\u30a4\u30f3\uff08\u30b9\u30c8\u30c3\u30d7\u30ed\u30b9\uff09\u3092\u5f90\u3005\u306b\u5f15\u304d\u4e0a\u3052\u3066\u3044\u304f\u300d\u6280\u8853\u3067\u3059\u3002<\/p>\n<ol start=\"1\" data-path-to-node=\"30\">\n<li>\n<p data-path-to-node=\"30,0,0\"><b data-path-to-node=\"30,0,0\" data-index-in-node=\"0\">\u30a8\u30f3\u30c8\u30ea\u30fc\u6642<\/b>: \u8cb7\u5024\u306e -8% \u306b\u640d\u5207\u308a\u30e9\u30a4\u30f3\u3092\u8a2d\u5b9a\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"30,1,0\"><b data-path-to-node=\"30,1,0\" data-index-in-node=\"0\">\u682a\u4fa1\u304c+10%\u4e0a\u6607<\/b>: \u640d\u5207\u308a\u30e9\u30a4\u30f3\u3092\u300c\u8cb7\u5024\uff08\u5efa\u5024\uff09\u300d\u307e\u3067\u5f15\u304d\u4e0a\u3052\u308b\u3002\uff08\uff1d\u3053\u306e\u6642\u70b9\u3067\u30ea\u30b9\u30af\u30bc\u30ed\u306e\u7121\u6575\u30dd\u30b8\u30b7\u30e7\u30f3\u304c\u5b8c\u6210\uff09<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"30,2,0\"><b data-path-to-node=\"30,2,0\" data-index-in-node=\"0\">\u682a\u4fa1\u304c\u3055\u3089\u306b\u4e0a\u6607<\/b>: 20\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u3001\u307e\u305f\u306f\u76f4\u8fd1\u306e\u5b89\u5024\u306e\u5c11\u3057\u4e0b\u306b\u5408\u308f\u305b\u3066\u640d\u5207\u308a\u30e9\u30a4\u30f3\uff08\u5229\u78ba\u30e9\u30a4\u30f3\uff09\u3092\u4e0a\u306b\u5f15\u304d\u4e0a\u3052\u7d9a\u3051\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"30,3,0\"><b data-path-to-node=\"30,3,0\" data-index-in-node=\"0\">\u30c8\u30ec\u30f3\u30c9\u7d42\u4e86\u6642<\/b>: \u682a\u4fa1\u304c\u53cd\u843d\u3057\u3001\u5f15\u304d\u4e0a\u3052\u3066\u3044\u305f\u30e9\u30a4\u30f3\u306b\u30d2\u30c3\u30c8\u3057\u305f\u77ac\u9593\u306b\u6a5f\u68b0\u7684\u306b\u81ea\u52d5\u58f2\u5374\uff08\u5229\u76ca\u78ba\u5b9a\uff09\u3002<\/p>\n<\/li>\n<\/ol>\n<p data-path-to-node=\"31\">\u3053\u306e\u65b9\u6cd5\u3092\u4f7f\u3048\u3070\u3001\u300c\u5929\u4e95\uff08\u6700\u9ad8\u5024\uff09\u300d\u3067\u58f2\u308b\u3053\u3068\u306f\u3067\u304d\u307e\u305b\u3093\u304c\u3001\u300c\u30c8\u30ec\u30f3\u30c9\u304c\u7d9a\u304f\u9650\u308a\u3069\u3053\u307e\u3067\u3082\u5229\u76ca\u3092\u4f38\u3070\u3057\u3001\u30c8\u30ec\u30f3\u30c9\u304c\u5d29\u308c\u305f\u77ac\u9593\u306b\u5229\u76ca\u3092\u78ba\u5b9a\u3055\u305b\u3066\u9003\u3052\u308b\u300d\u3053\u3068\u304c\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2 data-path-to-node=\"33\">4-4. \u521d\u5fc3\u8005\u304c\u5373\u5b9f\u8df5\u3067\u304d\u308b\u300c\u5b8c\u5168\u30c8\u30ec\u30fc\u30c9\u30b7\u30ca\u30ea\u30aa\uff08\u5b9f\u7fd2\uff09\u300d<\/h2>\n<p data-path-to-node=\"34\">\u3053\u3053\u3067\u306f\u3001\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u304b\u3089\u30a8\u30f3\u30c8\u30ea\u30fc\u3001\u305d\u3057\u3066\u6c7a\u6e08\u307e\u3067\u306e\u6d41\u308c\u30921\u3064\u306e\u5177\u4f53\u7684\u306a\u30c8\u30ec\u30fc\u30c9\u30b9\u30c8\u30fc\u30ea\u30fc\u3068\u3057\u3066\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u3057\u307e\u3059\u3002<\/p>\n<h3 data-path-to-node=\"35\">\u3010\u30b7\u30ca\u30ea\u30aa\u3011B\u793e\uff08AI\u95a2\u9023\u306e\u6025\u6210\u9577\u682a\uff09\u3092\u72d9\u3046<\/h3>\n<h4 data-path-to-node=\"36\">1. \u6e96\u5099\u6bb5\u968e\uff08\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u3068\u767a\u898b\uff09<\/h4>\n<ul data-path-to-node=\"37\">\n<li>\n<p data-path-to-node=\"37,0,0\"><b data-path-to-node=\"37,0,0\" data-index-in-node=\"0\">\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0<\/b>: 52\u9031\u9ad8\u5024\u304b\u3089 -5% \u570f\u5185\u306b\u3042\u308a\u3001\u76f4\u8fd1\u6c7a\u7b97\u3067EPS +35%\u30fb\u58f2\u4e0a\u9ad8 +25% \u306e\u30c0\u30d6\u30eb\u30d3\u30fc\u30c8\u3092\u9054\u6210\u3057\u305fB\u793e\u3092\u767a\u898b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"37,1,0\"><b data-path-to-node=\"37,1,0\" data-index-in-node=\"0\">\u30c6\u30af\u30cb\u30ab\u30eb\u72b6\u614b<\/b>: 20\u65e5\u30fb50\u65e5\u30fb200\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\u3002\u904e\u53bb3\u9031\u9593\u306b\u308f\u305f\u308a\u30013,000\u5186\u301c3,200\u5186\u306e\u72ed\u3044\u30ec\u30f3\u30b8\u3067\u6a2a\u3070\u3044\uff08VCP\u30d1\u30bf\u30fc\u30f3\uff09\u3092\u5f62\u6210\u4e2d\u3002<\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"38\">2. \u30a8\u30f3\u30c8\u30ea\u30fc\u8a08\u753b\u306e\u7b56\u5b9a<\/h4>\n<ul data-path-to-node=\"39\">\n<li>\n<p data-path-to-node=\"39,0,0\"><b data-path-to-node=\"39,0,0\" data-index-in-node=\"0\">\u30d6\u30ec\u30a4\u30af\u30a2\u30a6\u30c8\u30dd\u30a4\u30f3\u30c8<\/b>: \u904e\u53bb\u306e\u6700\u9ad8\u5024\u3067\u3042\u308b <b data-path-to-node=\"39,0,0\" data-index-in-node=\"23\">3,200\u5186<\/b> \u3092\u4e0a\u306b\u629c\u3051\u305f\u77ac\u9593\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"39,1,0\"><b data-path-to-node=\"39,1,0\" data-index-in-node=\"0\">\u640d\u5207\u308a\u4e88\u5b9a\u30e9\u30a4\u30f3<\/b>: \u6a2a\u3070\u3044\u30ec\u30f3\u30b8\u306e\u4e0b\u9650\u3067\u3042\u308b <b data-path-to-node=\"39,1,0\" data-index-in-node=\"23\">2,980\u5186<\/b>\uff08\u30ea\u30b9\u30af\u5e45: -220\u5186 \/ \u7d04 -6.8%\uff09\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"39,2,0\"><b data-path-to-node=\"39,2,0\" data-index-in-node=\"0\">\u8cc7\u91d1\u7ba1\u7406<\/b>: \u8cc7\u7523300\u4e07\u5186\u306e\u5834\u5408\u3001\u8a31\u5bb9\u30ea\u30b9\u30af2%\uff1d6\u4e07\u5186\u3002<\/p>\n<div data-path-to-node=\"39,2,1\">\n<div class=\"math-block\" data-math=\"\\text{\u8cfc\u5165\u682a\u6570} = \\frac{60,000\\text{\u5186}}{220\\text{\u5186}} \\approx 272\\text{\u682a} \\longrightarrow \\mathbf{200\\text{\u682a\uff08\u7d0464\u4e07\u5186\u5206\uff09}}\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.08.18-1024x113.png\" alt=\"\" width=\"487\" height=\"54\" class=\"aligncenter  wp-image-28995\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.08.18-1024x113.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.08.18-300x33.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.08.18-768x85.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.08.18.png 1032w\" sizes=\"(max-width: 487px) 100vw, 487px\" \/><\/div>\n<\/div>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"40\">3. \u5b9f\u884c\uff08\u30a8\u30f3\u30c8\u30ea\u30fc\uff09<\/h4>\n<ul data-path-to-node=\"41\">\n<li>\n<p data-path-to-node=\"41,0,0\"><b data-path-to-node=\"41,0,0\" data-index-in-node=\"0\">\u6708\u66dc\u65e5\u5348\u524d10\u6642<\/b>: \u51fa\u6765\u9ad8\u304c\u524d\u65e5\u6bd4300%\u306b\u6025\u5897\u3057\u306a\u304c\u3089\u3001\u682a\u4fa1\u304c 3,210\u5186 \u3092\u7a81\u7834\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"41,1,0\"><b data-path-to-node=\"41,1,0\" data-index-in-node=\"0\">\u30a2\u30af\u30b7\u30e7\u30f3<\/b>: 3,210\u5186\u3067200\u682a\u6210\u884c\u8cb7\u3044\u3002<b data-path-to-node=\"41,1,0\" data-index-in-node=\"23\">\u540c\u6642\u306b\u300c2,980\u5186\u306e\u9006\u6307\u5024\u58f2\u308a\u6ce8\u6587\uff08\u640d\u5207\u308a\uff09\u300d\u3092\u540c\u6642\u767a\u6ce8<\/b>\u3002<\/p>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"42\">4. \u30c8\u30ec\u30fc\u30c9\u306e\u63a8\u79fb\u3068\u8abf\u6574<\/h4>\n<ul data-path-to-node=\"43\">\n<li>\n<p data-path-to-node=\"43,0,0\"><b data-path-to-node=\"43,0,0\" data-index-in-node=\"0\">1\u9031\u9593\u5f8c<\/b>: \u30e2\u30e1\u30f3\u30bf\u30e0\u304c\u52a0\u901f\u3057\u3001\u682a\u4fa1\u306f 3,600\u5186\uff08+12%\uff09\u3078\u5230\u9054\u3002<\/p>\n<ul data-path-to-node=\"43,0,1\">\n<li>\n<p data-path-to-node=\"43,0,1,0,0\"><b data-path-to-node=\"43,0,1,0,0\" data-index-in-node=\"0\">\u30a2\u30af\u30b7\u30e7\u30f3<\/b>: \u640d\u5207\u308a\u30e9\u30a4\u30f3\u3092 <b data-path-to-node=\"43,0,1,0,0\" data-index-in-node=\"15\">3,210\u5186\uff08\u8cb7\u5024\uff1d\u64a4\u9000\u3057\u3066\u3082\u640d\u3057\u306a\u3044\u30e9\u30a4\u30f3\uff09<\/b> \u306b\u5f15\u304d\u4e0a\u3052\u308b\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"43,1,0\"><b data-path-to-node=\"43,1,0\" data-index-in-node=\"0\">3\u9031\u9593\u5f8c<\/b>: \u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u76ee\u6a19\u682a\u4fa1\u5f15\u304d\u4e0a\u3052\u3082\u624b\u4f1d\u3044\u3001\u682a\u4fa1\u306f 4,200\u5186\uff08+30%\uff09\u3078\u5230\u9054\u300220\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u306b\u6cbf\u3063\u3066\u4e0a\u6607\u4e2d\u3002<\/p>\n<ul data-path-to-node=\"43,1,1\">\n<li>\n<p data-path-to-node=\"43,1,1,0,0\"><b data-path-to-node=\"43,1,1,0,0\" data-index-in-node=\"0\">\u30a2\u30af\u30b7\u30e7\u30f3<\/b>: \u640d\u5207\u308a\u30e9\u30a4\u30f3\uff08\u5229\u78ba\u30e9\u30a4\u30f3\uff09\u3092 <b data-path-to-node=\"43,1,1,0,0\" data-index-in-node=\"22\">20\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u4e0b\uff083,900\u5186\uff09<\/b> \u306b\u5f15\u304d\u4e0a\u3052\u308b\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<li>\n<p data-path-to-node=\"43,2,0\"><b data-path-to-node=\"43,2,0\" data-index-in-node=\"0\">5\u9031\u9593\u5f8c<\/b>: \u5e02\u5834\u5168\u4f53\u304c\u8abf\u6574\u306b\u5165\u308a\u3001B\u793e\u306e\u682a\u4fa1\u3082\u6025\u843d\u300220\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0b\u56de\u308a <b data-path-to-node=\"43,2,0\" data-index-in-node=\"39\">3,900\u5186 \u306b\u30bf\u30c3\u30c1<\/b>\u3002<\/p>\n<ul data-path-to-node=\"43,2,1\">\n<li>\n<p data-path-to-node=\"43,2,1,0,0\"><b data-path-to-node=\"43,2,1,0,0\" data-index-in-node=\"0\">\u81ea\u52d5\u6c7a\u6e08<\/b>: 3,900\u5186\u3067\u9006\u6307\u5024\u304c\u767a\u52d5\u3057\u5168\u682a\u81ea\u52d5\u58f2\u5374\u3002<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4 data-path-to-node=\"44\">5. \u30c8\u30ec\u30fc\u30c9\u7d50\u679c\u306e\u632f\u308a\u8fd4\u308a<\/h4>\n<ul data-path-to-node=\"45\">\n<li>\n<p data-path-to-node=\"45,0,0\"><b data-path-to-node=\"45,0,0\" data-index-in-node=\"0\">\u58f2\u5374\u4fa1\u683c<\/b>: 3,900\u5186<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,1,0\"><span class=\"math-inline\" data-math=\"(3,900\\text{\u5186} - 3,210\\text{\u5186}) \\times 200\\text{\u682a} = \\mathbf{+13.8\\text{\u4e07\u5186\uff08+21.5\\%\uff09}}\" data-index-in-node=\"6\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.09.07-1024x45.png\" alt=\"\" width=\"616\" height=\"27\" class=\"wp-image-28996 alignleft\" srcset=\"https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.09.07-1024x45.png 1024w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.09.07-300x13.png 300w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.09.07-768x34.png 768w, https:\/\/official.gfs.tokyo\/blog\/wp-content\/uploads\/2026\/08\/\u30b9\u30af\u30ea\u30fc\u30f3\u30b7\u30e7\u30c3\u30c8-2026-08-10-13.09.07.png 1144w\" sizes=\"(max-width: 616px) 100vw, 616px\" \/><\/span><\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"45,2,0\"><b data-path-to-node=\"45,2,0\" data-index-in-node=\"0\">\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4<\/b>: \u5f53\u521d\u30ea\u30b9\u30af 4.4\u4e07\u5186 \u306b\u5bfe\u3057\u3001\u7372\u5f97\u5229\u76ca 13.8\u4e07\u5186\uff08<b data-path-to-node=\"45,2,0\" data-index-in-node=\"39\">\u30ea\u30b9\u30af\u30fb\u30ea\u30bf\u30fc\u30f3\u6bd4 1 : 3.1<\/b> \u306e\u512a\u79c0\u306a\u30c8\u30ec\u30fc\u30c9\uff09\u3002<\/p>\n<\/li>\n<\/ul>\n<h2 data-path-to-node=\"47\">4-5. \u7b2c4\u7ae0\u304a\u3088\u3073\u5168\u4f53\u306e\u307e\u3068\u3081<\/h2>\n<p data-path-to-node=\"48\">\u51684\u7ae0\u3092\u901a\u3058\u3066\u89e3\u8aac\u3057\u3066\u304d\u305f\u30e2\u30e1\u30f3\u30bf\u30e0\u6295\u8cc7\u306e\u5168\u5bb9\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n<ol start=\"1\" data-path-to-node=\"49\">\n<li>\n<p data-path-to-node=\"49,0,0\"><b data-path-to-node=\"49,0,0\" data-index-in-node=\"0\">\u30e2\u30e1\u30f3\u30bf\u30e0\u306e\u6b63\u4f53<\/b>: \u300c\u9ad8\u304f\u8cb7\u3063\u3066\u3001\u3055\u3089\u306b\u9ad8\u304f\u58f2\u308b\u300d\u9806\u5f35\u308a\u624b\u6cd5\u3002\u884c\u52d5\u7d4c\u6e08\u5b66\u7684\u306a\u6295\u8cc7\u5bb6\u5fc3\u7406\uff08\u904e\u5c0f\u53cd\u5fdc\u30fbFOMO\uff09\u3068\u5927\u53e3\u8cc7\u91d1\u306e\u6d41\u5165\u304c\u539f\u52d5\u529b\u3092\u751f\u3080\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,1,0\"><b data-path-to-node=\"49,1,0\" data-index-in-node=\"0\">\u5ba2\u89b3\u7684\u6307\u6a19\u306e\u6d3b\u7528<\/b>: \u76f4\u611f\u3067\u306f\u306a\u304f\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u30d1\u30fc\u30d5\u30a7\u30af\u30c8\u30aa\u30fc\u30c0\u30fc\u3001RSI\uff0850\u301c70\u53f0\u306e\u30e2\u30e1\u30f3\u30bf\u30e0\u30be\u30fc\u30f3\uff09\u3001MACD\u306e\u30bc\u30ed\u30e9\u30a4\u30f3\u4e0a\u30af\u30ed\u30b9\u3092\u6839\u62e0\u306b\u3059\u308b\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,2,0\"><b data-path-to-node=\"49,2,0\" data-index-in-node=\"0\">\u6c7a\u7b97\uff08PEAD\uff09\u306e\u653b\u7565<\/b>: \u5e02\u5834\u4e88\u60f3\u3092\u51cc\u99d5\u3059\u308b\u6c7a\u7b97\uff08\u30c0\u30d6\u30eb\u30d3\u30fc\u30c8\uff09\u3068\u7206\u767a\u7684\u51fa\u6765\u9ad8\u3092\u4f34\u3046\u300c\u30ae\u30e3\u30c3\u30d7\u30a2\u30c3\u30d7\u300d\u300c\u30cf\u30a4\u30fb\u30bf\u30a4\u30c8\u30fb\u30d5\u30e9\u30c3\u30b0\u300d\u3092\u72d9\u3044\u6483\u3064\u3002<\/p>\n<\/li>\n<li>\n<p data-path-to-node=\"49,3,0\"><b data-path-to-node=\"49,3,0\" data-index-in-node=\"0\">\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u9244\u5247<\/b>: 1\u30c8\u30ec\u30fc\u30c9\u306e\u640d\u5931\u3092\u8cc7\u7523\u306e2%\u4ee5\u5185\u306b\u6291\u3048\u308b\u300c\u30dd\u30b8\u30b7\u30e7\u30f3\u30b5\u30a4\u30b8\u30f3\u30b0\u300d\u3092\u884c\u3044\u3001\u30c8\u30ec\u30fc\u30ea\u30f3\u30b0\u30b9\u30c8\u30c3\u30d7\u3067\u5229\u76ca\u3092\u9650\u754c\u307e\u3067\u4f38\u3070\u3059\u3002<\/p>\n<\/li>\n<\/ol>\n<p data-path-to-node=\"50\">\u3053\u306e\u4f53\u7cfb\u7684\u77e5\u8b58\u3068\u30eb\u30fc\u30eb\u3092\u5b88\u308a\u7d9a\u3051\u308b\u3053\u3068\u3053\u305d\u304c\u3001\u611f\u3084\u904b\u306b\u5de6\u53f3\u3055\u308c\u306a\u3044\u300c\u518d\u73fe\u6027\u306e\u3042\u308b\u5e38\u52dd\u6295\u8cc7\u5bb6\u300d\u3078\u306e\u552f\u4e00\u306e\u9053\u7b4b\u3067\u3059\u3002<\/p>\n<div><\/div>\n<div class=\"xcd-attention-8 xcd-col5 xcd-ripple\">\n<div class=\"xcd-title\"><span style=\"font-size: 18pt;\">\u30d7\u30ed\u306e\u77e5\u8b58\u304c\u7121\u6599\u3067\u5b66\u3079\u307e\u3059<\/span><\/div>\n<div class=\"xcd-content\">\n<p><span style=\"font-size: 14pt;\"><strong>\u300c\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u4f55\u304b\u3089\u3084\u3063\u3066\u3044\u3044\u304b\u308f\u304b\u3089\u306a\u3044\u300d\u300c\u6295\u8cc7\u3067\u8cc7\u7523\u3092\u4f5c\u308a\u305f\u3044\u3001\u53ce\u5165\u3092\u5897\u3084\u3057\u305f\u3044\u300d<\/strong><\/span><\/p>\n<p>\u305d\u3093\u306a\u6642\u306f<b><span class=\"f-marker-p\">\u7121\u6599\u3067\u8996\u8074\u3067\u304d\u308b\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u300c<a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\">GFS\u76e3\u4fee \u6295\u8cc7\u306e\u9054\u4eba\u8b1b\u5ea7<\/a>\u300d\u3092\u307e\u305a\u306f\u304a\u8a66\u3057\u3057\u3066\u304f\u3060\u3055\u3044\u3002<\/span><\/b><\/p>\n<p>\u6295\u8cc7\u306e\u9054\u4eba\u306b\u306a\u308b\u6295\u8cc7\u8b1b\u5ea7\u306f\u3001\u751f\u5f92\u657050,000\u4eba\u3092\u8d85\u3048\u8b1b\u7fa9\u6570\u65e5\u672c\u4e00\u306e\u6295\u8cc7\u30b9\u30af\u30fc\u30eb<a href=\"https:\/\/gfs.tokyo\/\">GFS<\/a>\u304c\u63d0\u4f9b\u3059\u308b\u7121\u6599\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u3067\u3059\u3002\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u3067\u3042\u308b\u8b1b\u5e2b\u304c\u3001\u672a\u7d4c\u9a13\u8005\u3084\u82e6\u624b\u610f\u8b58\u304c\u3042\u308b\u4eba\u3067\u3082\u5206\u304b\u308b\u3088\u3046\u306b\u3001\u6295\u8cc7\u306e\u4ed5\u7d44\u307f\u3084\u5168\u4f53\u50cf\u3001\u30eb\u30fc\u30eb\u3092\u57fa\u790e\u304b\u3089\u56f3\u89e3\u3092\u4ea4\u3048\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u306e\u52c9\u5f37\u3092\u306a\u308b\u3079\u304f\u52b9\u7387\u3088\u304f\u59cb\u3081\u305f\u3044\u4eba\u306f\u3001\u305c\u3072\u4e00\u5ea6\u3054\u8996\u8074\u304f\u3060\u3055\u3044\u3002<\/p>\n<div class=\"cv-btn-wrap\">\n<div class=\"cv-copy\" style=\"text-align: center;\"><strong><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\">\uff3c1\u5206\u3067\u7c21\u5358\u7533\u8fbc\uff0f<\/a><\/strong><\/div>\n<div class=\"cv-btn\" style=\"text-align: center;\"><strong><span class=\"cv-em\">\u7121\u6599<\/span><\/strong><br \/>\n<strong><span class=\"cv-text\"><a href=\"https:\/\/toushi-up.com\/ow\/05.html?utm_source=article&amp;utm_medium=16989&amp;utm_content=16989\n\">\u30aa\u30f3\u30e9\u30a4\u30f3\u8b1b\u5ea7\u306f\u3053\u3061\u3089<\/a><\/span><\/strong><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 data-path-to-node=\"4\">\u3010\u91cd\u8981\u3011\u514d\u8cac\u4e8b\u9805<\/h3>\n<ul data-path-to-node=\"5\">\n<li>\n<p data-path-to-node=\"5,0,0\"><b data-path-to-node=\"5,0,0\" data-index-in-node=\"0\">\u6295\u8cc7\u5224\u65ad\u306e\u6700\u7d42\u8cac\u4efb\uff1a<\/b> 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