{"id":650744,"date":"2023-05-10T18:52:32","date_gmt":"2023-05-10T15:52:32","guid":{"rendered":"https:\/\/www.etoro.com\/trading\/pairs-trading\/"},"modified":"2025-10-30T14:15:36","modified_gmt":"2025-10-30T12:15:36","slug":"pairs-trading","status":"publish","type":"page","link":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/","title":{"rendered":"Despre tranzac\u021bionarea \u00een perechi"},"content":{"rendered":"\n<p class=\"is-style-summary\">Strategia de tranzac\u021bionare \u00een perechi ajut\u0103 investitorii s\u0103 valorifice dezechilibrele temporare de pre\u021b dintre dou\u0103 instrumente corelate. Aceasta presupune analiza diferen\u021belor de pre\u021b \u0219i gestionarea riscurilor asociate pentru a optimiza tranzac\u021biile.<\/p>\n\n\n\n\n\n\n<hr class=\"wp-block-separator wp-block-separator-color-dark-grey wp-block-separator-spaces-medium wp-block-separator-weight-1\"\/>\n\n\n\n<p>Ideea de baz\u0103 a tranzac\u021bion\u0103rii \u00een perechi este de a g\u0103si dou\u0103 titluri care tind s\u0103 se mi\u0219te \u00eempreun\u0103. Strategia implic\u0103 <strong>adoptarea simultan\u0103 a unei <\/strong><strong>pozi\u021bii<\/strong><strong>long \u00eentr-un activ \u0219i a unei pozi\u021bii short \u00een cel\u0103lalt activ<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-1_-Market-Neutral-Strategies-2.png\" alt=\"\" class=\"wp-image-650817 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-1_-Market-Neutral-Strategies-2.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-1_-Market-Neutral-Strategies-2-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Strategia neutr\u0103<\/h2>\n\n\n\n<p>O strategie neutr\u0103 din punct de vedere al pie\u021bei este o abordare investi\u021bional\u0103 care \u00eencearc\u0103 s\u0103 ofere <strong>randamente, ce nu depind de situa\u021bia general\u0103 de pe pia\u021b\u0103<\/strong>. Aceasta este conceput\u0103 cu scopul de a exploata mi\u0219c\u0103rile relative ale pre\u021burilor \u00eentre diferite titluri de valoare, men\u021bin\u00e2nd, \u00een acela\u0219i timp, o pozi\u021bie neutr\u0103.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat:<\/strong> Investitori pot folosi strategii neutre de investi\u021bii ca instrument de diversificare.<\/p>\n<\/div><\/div>\n\n\n\n<p>Strategia neutr\u0103 <strong>urm\u0103re\u0219te s\u0103 evite <\/strong><a href=\"https:\/\/capital.com\/ro\/risc-de-piata-definitie\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>riscul general de pia\u021b\u0103<\/strong><\/a> \u0219i \u00eencearc\u0103 s\u0103 valorifice at\u00e2t cre\u0219terea, c\u00e2t \u0219i sc\u0103derea pre\u021bului activelor pe una sau mai multe pie\u021be. Exist\u0103 mai multe moduri \u00een care poate fi implementat\u0103 o strategie neutr\u0103 pe pia\u021b\u0103. Acestea includ urm\u0103toarele:<\/p>\n\n\n\n<ul class=\"wp-block-list wp-block-list wp-block-list-circle\">\n<li><strong>Adoptarea de pozi\u021bii lungi \u0219i scurte \u00een perechi de ac\u021biuni<\/strong> care au expuneri similare pe pia\u021b\u0103.<\/li>\n\n\n\n<li><strong>Utilizarea instrumentelor derivate<\/strong> pentru a se proteja \u00eempotriva riscului de pia\u021b\u0103 \u0219i a altor factori de risc selecta\u021bi.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Tranzac\u021bionarea \u00een perechi<\/h2>\n\n\n\n<p>Obiectivul tranzac\u021bion\u0103rii \u00een perechi este de <strong>a \u00eenchide pozi\u021biile atunci c\u00e2nd rela\u021bia de pre\u021b revine la valoarea considerat\u0103 normal\u0103<\/strong>, baz\u00e2ndu-se pe analiza corela\u021biilor istorice dintre active. Aceast\u0103 strategie se axeaz\u0103 pe identificarea \u0219i exploatarea varia\u021biilor temporare ale pre\u021burilor.<\/p>\n\n\n\n<p><mark>Tranzac\u021bionarea \u00een perechi permite navigarea fluctua\u021biilor pie\u021bei \u00eentr-un mod structurat. Aceasta reduce expunerea la riscuri sistemice \u0219i favorizeaz\u0103 o abordare mai echilibrat\u0103 a investi\u021biilor.<\/mark><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Alegerea instrumentelor corelate<\/h3>\n\n\n\n<p>Este esen\u021bial s\u0103 identifici dou\u0103 instrumente ale c\u0103ror pre\u021buri prezint\u0103 <strong>o corela\u021bie semnificativ\u0103<\/strong>. Ideal ar fi s\u0103 selectezi dou\u0103 companii din acela\u0219i sector, care opereaz\u0103 \u00een mod similar \u0219i deservesc o baz\u0103 comun\u0103 de clien\u021bi, ceea ce le face sensibile la factori economici similari.<\/p>\n\n\n\n<p>Dac\u0103 ar fi s\u0103 lu\u0103m ca <strong>exemplu Natwest Group \u0219i Lloyds Banking Group<\/strong>, s-ar presupune c\u0103 anumite modific\u0103ri ale reglement\u0103rilor financiare din Regatul Unit ar avea un impact negativ asupra ambelor companii. Pe de alt\u0103 parte, dac\u0103 cererea pentru servicii bancare ar cre\u0219te, companiile ar fi influen\u021bate \u00een mod pozitiv.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Pentru a verifica o corela\u021bie, se poate folosi coeficientul de corela\u021bie calculat de instrumente pentru foi de calcul precum <a href=\"https:\/\/support.microsoft.com\/ro-ro\/office\/correl-func%C8%9Bia-correl-995dcef7-0c0a-4bed-a3fb-239d7b68ca92\" target=\"_blank\" rel=\"noreferrer noopener\">Microsoft Excel<\/a> sau Google Sheets, fiind mult mai simplu astfel.<\/p>\n<\/div><\/div>\n\n\n\n<p>Tabelul de mai jos ilustreaz\u0103 <strong>corela\u021bia<\/strong><strong>dintre pre\u021burile ac\u021biunilor pentru c\u00e2teva perechi de companii<\/strong>. \u00cen cadrul acestui exemplu au fost utilizate pre\u021burile pentru un an, din ianuarie 2022 p\u00e2n\u0103 \u00een ianuarie 2023.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Companii<\/th><th class=\"has-text-align-center\" data-align=\"center\">Domeniu<\/th><th class=\"has-text-align-center\" data-align=\"center\">Corela\u021bie<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/lloy.l\">Lloyds<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Bancar<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.70<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/barc.l\">Barclays<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/sbry.l\">Sainsbury<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Comer\u021b cu am\u0103nuntul<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.79<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/tsco.l\">Tesco<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/lgen.l\">Legal &amp; General<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Asigur\u0103ri<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.61<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/av.l\">Aviva<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/hsba.l\">HSBC<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Bancar<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.63<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/stan.l\">Standard Chartered<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/aal.l\">Anglo American<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Exploatare minier\u0103<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.87<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/anto.l\">Antofagasta<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/bdev.l\">Barratt Developments<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Construc\u021bii locuin\u021be<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.98<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/tw.l\">Taylor Wimpey<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/hln\">Haleon<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Bunuri de consum<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.75<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/ulvr.l\">Unilever<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/hsba.l\">HSBC<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\">Bancar<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.53<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><a href=\"https:\/\/www.etoro.com\/ro\/markets\/nwg.l\">Natwest<\/a><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\"><em>(<a href=\"https:\/\/finance.yahoo.com\/quote\/LLOY.L\/history?p=LLOY.L\" target=\"_blank\" rel=\"noreferrer noopener\">Date bazate pe pre\u021burile de \u00eenchidere ajustate<\/a>)<\/em><\/p>\n\n\n\n<p>Coeficientul de corela\u021bie este o m\u0103sur\u0103 a puterii \u0219i direc\u021biei rela\u021biei dintre dou\u0103 variabile. <strong>O valoare de 1 indic\u0103 o corela\u021bie pozitiv\u0103 perfect\u0103<\/strong>, \u00een timp ce 0 sugereaz\u0103 c\u0103 nu exist\u0103 nicio corela\u021bie. \u00cen exemplul prezentat, toate perechile prezint\u0103 un anumit nivel de corela\u021bie.<\/p>\n\n\n\n<p>Una din perechile cu o corela\u021bie mare este Antofagasta\/Anglo American, iar pentru a ilustra o strategie ipotetic\u0103, ne vom concentra asupra acestei perechi. <strong>Cu c\u00e2t corela\u021bia persist\u0103 mai mult, cu at\u00e2t este mai puternic\u0103 \u00eencrederea noastr\u0103 \u00een rela\u021bie<\/strong>.<\/p>\n\n\n\n<p>Analiz\u00e2nd datele istorice, <strong>putem observa c\u00e2t timp a durat corela\u021bia.<\/strong> Folosind ca e\u0219antion perioada din ianuarie 2018 p\u00e2n\u0103 \u00een ianuarie 2023 vom constata c\u0103 cele dou\u0103 companii au un coeficient de corela\u021bie mai mare de 0,91.<\/p>\n\n\n\n<div class=\"wp-block-etoro-emphasis wp-block-etoro-emphasis-border-green\">\n<p>Obiectivul tranzac\u021bion\u0103rii \u00een perechi este de a \u00eenchide pozi\u021biile atunci c\u00e2nd rela\u021bia de pre\u021b revine la valoarea normal\u0103.<\/p>\n<\/div>\n\n\n\n<p>Pentru a monitoriza normalitatea rela\u021biei de pre\u021b conform standardelor istorice, <strong>trebuie analizat raportul de pre\u021b dintre cele dou\u0103 instrumente<\/strong>. Graficul de mai jos ilustreaz\u0103 raportul dintre pre\u021burile \u00eenregistrate de ac\u021biunile Antofagasta \u0219i Anglo American \u00een timp:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/finance.yahoo.com\/quote\/ANTO.L\/history?p=ANTO.L\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"469\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2025\/03\/RO-Screenshot-1-1.png\" alt=\"\" class=\"wp-image-1036643 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2025\/03\/RO-Screenshot-1-1.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2025\/03\/RO-Screenshot-1-1-300x186.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/a><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\"><\/p>\n\n\n\n<p class=\"is-style-disclaimer\">(<a href=\"https:\/\/www.etoro.com\/ro\/markets\/anto.l\"><em>Grafic bazat pe pre\u021burile de \u00eenchidere ajustate<\/em><\/a>)<\/p>\n\n\n\n<p>Sursa: <a href=\"https:\/\/finance.yahoo.com\/quote\/ANTO.L\/history?p=ANTO.L\" target=\"_blank\" rel=\"noreferrer noopener\">yahoo.com<\/a><\/p>\n\n\n\n<p>\u00cen perioada ianuarie 2018 &#8211; ianuarie 2023, raportul dintre pre\u021burile Anglo American \u0219i Antofagasta a fluctuat \u00een intervalul 1,6 \u0219i 2,9. Totu\u0219i, <strong>intervalul mediu de varia\u021bie<\/strong> este 1,6 &#8211; 2,4. Aceast\u0103 informa\u021bie \u00eei ajut\u0103 pe investitori s\u0103-\u0219i stabileasc\u0103 reperele pentru intr\u0103rile \u0219i ie\u0219irile din tranzac\u021bii.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Dimensionarea pozi\u021biei unei tranzac\u021bii \u00een perechi<\/h3>\n\n\n\n<p>\u00centr-o tranzac\u021bie \u00een perechi, dimensionarea pozi\u021biilor presupune <strong>adoptarea unor m\u0103suri de <\/strong><a href=\"https:\/\/tradeville.ro\/tradepedia\/hedging\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>hedging<\/strong><\/a><strong> pentru a reduce riscul \u0219i ob\u021binerea unei expuneri egale prin echilibrarea valorii pozi\u021biilor long<\/strong> <strong>\u0219i short<\/strong>. Acest lucru asigur\u0103 managementul riscului \u0219i minimizeaz\u0103 impactul fluctua\u021biilor pie\u021bei asupra investi\u021biei.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-2_-Position-sizing-of-a-pairs-trade-2.png\" alt=\"\" class=\"wp-image-650838 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-2_-Position-sizing-of-a-pairs-trade-2.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-2_-Position-sizing-of-a-pairs-trade-2-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>Mai departe, vom alege un moment \u00een care raportul se apropie mai mult de limita inferioar\u0103 a intervalului de varia\u021bie, respectiv 22 martie 2021. Vom anticipa c\u0103 <strong>pre\u021bul Anglo American va cre\u0219te \u0219i vom alege s\u0103 cump\u0103r\u0103m ac\u021biuni, adopt\u00e2nd, \u00een acela\u0219i timp, o pozi\u021bie <\/strong><strong>short<\/strong><strong>pentru Antofagasta<\/strong>.<\/p>\n\n\n\n<p><strong>Tranzac\u021bia va avea loc \u00een ziua urm\u0103toare<\/strong>, iar ac\u021biunile Anglo American vor fi cump\u0103rate la o valoare de 15.598,32 RON \u0219i cele Antofagasta se vor vinde la un pre\u021b de 9.684,77 RON. Aloc\u0103m aproximativ 60.000 RON pentru fiecare tranzac\u021bie. Valori de deschidere:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table><thead><tr><th class=\"has-text-align-center\" data-align=\"center\"><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Anglo American<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Antofagasta<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Tranzac\u021bie de deschidere<\/td><td class=\"has-text-align-center\" data-align=\"center\">V\u00e2nzare 3.8 ac\u021biuni<\/td><td class=\"has-text-align-center\" data-align=\"center\">Cump\u0103rare 6.2 ac\u021biuni<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Pre\u021bul ac\u021biunilor<\/td><td class=\"has-text-align-center\" data-align=\"center\">15.598,32 RON<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.684,77 RON<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Valoarea activului<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>59.273,62<\/strong> <strong>RON<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>60.045,57 RON<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\"><em>*Valorile \u00een RON au fost stabilite folosind pre\u021burile de deschidere ale ac\u021biunilor <\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/ANTO.L\/history?period1=1616457600&amp;period2=1616544000&amp;interval=1d&amp;filter=history&amp;frequency=1d&amp;includeAdjustedClose=true\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Antofagasta<\/em><\/a><em> \u0219i <\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/AAL.L\/history?period1=1616457600&amp;period2=1616544000&amp;interval=1d&amp;filter=history&amp;frequency=1d&amp;includeAdjustedClose=true\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Anglo American<\/em><\/a><em> din data de 23 martie 2021 \u0219i <\/em><a href=\"https:\/\/www.cursbnr.ro\/arhiva-curs-bnr-2021-03-23\" target=\"_blank\" rel=\"noreferrer noopener\"><em>cursul BNR din 23 martie 2021<\/em><\/a><em>: 1 lir\u0103 sterlin\u0103 = 5,6603<\/em><\/p>\n\n\n\n<p>Se decide ca <strong>tranzac\u021bia s\u0103 se \u00eenchid\u0103 pe 6 ianuarie 2023<\/strong>, \u00eenchiz\u00e2nd pozi\u021bia Anglo American la valoarea de 19.513,55 RON \u0219i Antofagasta la 9.203,45 RON. Astfel, valorile de \u00eenchidere se vor prezenta astfel:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"wp-block-table-content\"><div class=\"wp-block-table-content-nav wp-block-table-content-nav-left\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-left\"><\/div><\/div><div class=\"wp-block-table-content-nav wp-block-table-content-nav-right\"><div class=\"wp-block-table-content-nav-arrow wp-block-table-content-nav-arrow-right\"><\/div><\/div><div class=\"wp-block-table-content-table\"><table><thead><tr><th class=\"has-text-align-center\" data-align=\"center\"><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Anglo American<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Antofagasta<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Tranzac\u021bie de \u00eenchidere<\/td><td class=\"has-text-align-center\" data-align=\"center\">Cump\u0103rare 3.8 ac\u021biuni<\/td><td class=\"has-text-align-center\" data-align=\"center\">V\u00e2nzare 6.2 ac\u021biuni<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Pre\u021b de \u00eenchidere<\/td><td class=\"has-text-align-center\" data-align=\"center\">19.513,55 RON<\/td><td class=\"has-text-align-center\" data-align=\"center\">9.203,45 RON<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Valoarea activului<\/td><td class=\"has-text-align-center\" data-align=\"center\">74.151,49 RON<\/td><td class=\"has-text-align-center\" data-align=\"center\">57.061,39 RON<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\"><strong>Rezultat<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>14.877,87<\/strong> <strong>RON profit<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>2.984,18 RON pierdere<\/strong><\/td><\/tr><\/tbody><\/table><\/div><\/div><\/figure>\n\n\n\n<p class=\"is-style-disclaimer\"><em>**Valorile \u00een RON din tabel au fost stabilite folosind pre\u021burile de \u00eenchidere ale ac\u021biunilor <\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/ANTO.L\/history?period1=1672963200&amp;period2=1673049600&amp;interval=1d&amp;filter=history&amp;frequency=1d&amp;includeAdjustedClose=true\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Antofagasta<\/em><\/a><em> \u0219i <\/em><a href=\"https:\/\/finance.yahoo.com\/quote\/AAL.L\/history?period1=1672963200&amp;period2=1673049600&amp;interval=1d&amp;filter=history&amp;frequency=1d&amp;includeAdjustedClose=true\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Anglo American<\/em><\/a><em> din data de 6 ianuarie 2023 \u0219i <\/em><a href=\"https:\/\/www.cursbnr.ro\/arhiva-curs-bnr-2023-01-06\" target=\"_blank\" rel=\"noreferrer noopener\"><em>cursul BNR din 6 ianuarie 2023<\/em><\/a><em>: 1 lir\u0103 sterlin\u0103 = 5,5603<\/em><\/p>\n\n\n\n<p><strong>Rezultat general = 14.877,87<\/strong> <strong>RON &#8211; 2.984,18 RON = 11.893,69 RON<\/strong><\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat:<\/strong> Este important de avut \u00een vedere faptul c\u0103 vor exista costuri de finan\u021bare, care trebuie incluse \u00een analiza investi\u021biei.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Ipoteze \u0219i riscuri ale tranzac\u021bion\u0103rii \u00een perechi<\/h2>\n\n\n\n<p>Strategia de tranzac\u021bionare \u00een perechi se bazeaz\u0103 pe <strong>ipoteza c\u0103 performan\u021ba \u00eenregistrat\u0103 de o ac\u021biune \u00een trecut este legat\u0103 de performan\u021ba viitoare<\/strong>. \u00cen aceea\u0219i not\u0103 se presupune c\u0103, atunci c\u00e2nd raportul pre\u021burilor se \u00eendep\u0103rteaz\u0103 de medie, acesta se va \u00eentoarce la valori anterioare.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"756\" height=\"400\" src=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-3_-Assumptions-and-Risks-of-Pairs-Trading-4.png\" alt=\"\" class=\"wp-image-650908 wp-image-desktop\" srcset=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-3_-Assumptions-and-Risks-of-Pairs-Trading-4.png 756w, https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/How-Pairs-Trading-Works_Body-Image-3_-Assumptions-and-Risks-of-Pairs-Trading-4-300x159.png 300w\" sizes=\"(max-width: 756px) 100vw, 756px\" \/><\/figure>\n\n\n\n<p>Unul dintre riscurile asociate tranzac\u021bion\u0103rii \u00een perechi este <strong>reducerea corela\u021biei dintre active din cauza anumitor factori<\/strong>, astfel c\u0103 monitorizarea acesteia este un aspect esen\u021bial. Atunci c\u00e2nd corela\u021bia se diminueaz\u0103, eficien\u021ba tranzac\u021biei \u00een perechi scade, iar strategia poate deveni mai pu\u021bin avantajoas\u0103.<\/p>\n\n\n\n<div class=\"wp-block-etoro-tip wp-block-etoro-tip-border-yellow\"><span class=\"wp-block-etoro-tip-icon\"><\/span><div class=\"wp-block-etoro-tip-text\">\n<p><strong>Sfat: <\/strong>Investitorii pot utiliza diverse instrumente \u0219i tehnici pentru a evalua corela\u021bia, respectiv date statistice, diagrame \u0219i indicatori tehnici.<\/p>\n<\/div><\/div>\n\n\n\n<p>Un alt poten\u021bial risc pe care investitorii ar trebui s\u0103 \u00eel ia \u00een calcul este <strong>cre\u0219terea costurilor de finan\u021bare<\/strong> pe m\u0103sur\u0103 ce pozi\u021biile CFD sunt p\u0103strate mai mult timp. Aceste costuri pot dep\u0103\u0219i rezultatele generale ale procesului de tranzac\u021bionare.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Concluzie<\/h2>\n\n\n\n<p>Tranzac\u021bionarea \u00een perechi este o strategie neutr\u0103 care urm\u0103re\u0219te <strong>valorificarea dezechilibrelor de pre\u021b \u00eentre dou\u0103 instrumente corelate<\/strong>. Studiind datele istorice, investitorii pot determina puterea corela\u021biei dintre instrumente pentru a ghida deciziile de tranzac\u021bionare.<\/p>\n\n\n\n<p>Viziteaz\u0103 <a href=\"https:\/\/www.etoro.com\/ro\/academy\/\">Academia eToro<\/a> pentru a \u00eenv\u0103\u021ba cum s\u0103 tranzac\u021bionezi cu succes perechile valutare.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Test<\/h2>\n\n\n\n<div class=\"wp-block-etoro-quizzes\">\n<div class=\"wp-block-etoro-quiz\" data-answer=\"2\"><div class=\"wp-block-etoro-quiz-body\"><div class=\"wp-block-etoro-quiz-question\">\u00centrebare: Ce risc \u00eencearc\u0103 s\u0103 elimine tranzac\u021bionarea perechilor?<\/div>\n<div class=\"wp-block-etoro-quiz-item\">Orice risc<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul sistemic<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul de pia\u021b\u0103<\/div>\n\n\n\n<div class=\"wp-block-etoro-quiz-item\">Riscul de contrapartid\u0103<\/div>\n<\/div><div class=\"wp-block-etoro-quiz-result\">\u00a0<\/div><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u00centreb\u0103ri frecvente<\/h2>\n\n\n\n<dl class=\"wp-block-etoro-faq\">\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Este adev\u0103rat c\u0103 tranzac\u021bionarea perechilor elimin\u0103 orice risc?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Tranzac\u021bionarea \u00een perechi nu elimin\u0103 toate riscurile. De\u0219i \u00ee\u0219i propune s\u0103 atenueze anumite riscuri de pia\u021b\u0103 prin tranzac\u021bionarea a dou\u0103 active corelate, exist\u0103 alte riscuri la care investitorul va fi supus. Acestea includ modific\u0103ri nea\u0219teptate ale corela\u021biei, <a href=\"https:\/\/www.etoro.com\/ro\/news-and-analysis\/etoro-updates\/what-is-volatility-and-why-is-it-important-for-investors\/\">volatilitatea<\/a> pie\u021bei, riscurile de execu\u021bie \u0219i probleme de lichiditate.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Pot tranzac\u021biona doar perechi cu ac\u021biuni?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Nu. Tranzac\u021bionarea \u00een perechi poate fi aplicat\u0103 \u00een cazul mai multor tipuri de instrumente financiare, nu doar \u00een cazul <a href=\"https:\/\/www.etoro.com\/ro\/stocks\/stock-market-for-beginners\/\">ac\u021biunilor<\/a>. \u00cen timp ce ac\u021biunile sunt utilizate, \u00een mod obi\u0219nuit, \u00een tranzac\u021bionarea \u00een perechi, strategia poate fi aplicat\u0103 \u0219i altor clase de active, cum ar fi m\u0103rfuri, valute, fonduri tranzac\u021bionate la burs\u0103 (ETF) \u0219i contracte futures.<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Pot folosi o strategie de tranzac\u021bionare \u00een perechi printr-un broker clasic?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>Da, po\u021bi implementa o strategie de tranzac\u021bionare \u00een perechi printr-un broker de clasic. Tranzac\u021bionarea \u00een perechi implic\u0103 adoptarea unor <a href=\"https:\/\/www.etoro.com\/ro\/news-and-analysis\/trading\/long-short-strategy\/\">pozi\u021bii long \u0219i short<\/a> pe dou\u0103 active corelate, de obicei cump\u0103r\u00e2nd unul \u0219i v\u00e2nz\u00e2ndu-l pe cel\u0103lalt. Un broker de valori clasic poate facilita aceste tranzac\u021bii \u0219i poate oferi acces la pie\u021bele \u0219i instrumentele necesare.&nbsp;<\/p>\n<\/dd><\/div>\n\n\n\n<div class=\"wp-block-etoro-faq-item\"><dt class=\"wp-block-etoro-faq-item-question\">Dac\u0103 dou\u0103 instrumente au prezentat corela\u021bii \u00een trecut, \u00eenseamn\u0103 c\u0103 vor continua s\u0103 se coreleze \u00een viitor?<\/dt><dd class=\"wp-block-etoro-faq-item-answer\">\n<p>\u00cen timp ce corela\u021bia din trecut a unei perechi de instrumente poate oferi perspective asupra rela\u021biei lor \u00een timp, nu garanteaz\u0103 c\u0103 acestea vor continua s\u0103 se coreleze \u00een viitor. Corela\u021biile dintre active se pot schimba, \u00een timp, din cauza diver\u0219ilor factori, cum ar fi <a href=\"https:\/\/www.etoro.com\/ro\/investing\/bull-vs-bear-markets\/\">condi\u021biile pie\u021bei<\/a>, evenimentele economice, tendin\u021bele industriei \u0219i evolu\u021biile specifice companiei.<\/p>\n<\/dd><\/div>\n<\/dl>\n\n\n\n\t\t<style>\n\t\t\t.rtl .etoro-block-shortcode-disclaimer {\n\t\t\t\ttext-align:right;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\tmargin-bottom:18px;\n\t\t\t\ttext-align:left;\n\t\t\t}\n\t\t\t.etoro-block-shortcode-disclaimer p{\n\t\t\t\tfont-size: 12px;\n\t\t\t\tline-height: 18px;\n\t\t\t}\n\t\t\t@media (min-width: 768px) {\n\t\t\t\t.etoro-block-shortcode-disclaimer {\n\t\t\t\t\tmax-width:1176px;\n\t\t\t\t\ttext-align:center;\n\t\t\t\t}\n\t\t\t\t.etoro-block-shortcode-disclaimer p {\n\t\t\t\t\tfont-size: 14px;\n\t\t\t\t\tline-height: 20px;\n\t\t\t\t}\n\t\t\t}\n\t\t<\/style>\n\t\t<div class='etoro-block-shortcode-disclaimer'><p>Informa\u021biile din acest ghid au exclusiv scop educativ \u0219i nu ar trebui considerate drept sfaturi pentru investi\u021bii sau recomand\u0103ri personale, nici oferte sau solicit\u0103ri de cump\u0103rare sau v\u00e2nzare a oric\u0103ror instrumente financiare.<\/p>\n<p>Acest material a fost preg\u0103tit f\u0103r\u0103 a lua \u00een considerare orice fel de obiective particulare de investi\u021bii sau situa\u021bii financiare \u0219i nu a fost creat \u00een conformitate cu cerin\u021bele legale \u0219i de reglementare a promov\u0103rii cercet\u0103rii independente.<\/p>\n<p><strong>Nu toate instrumentele \u0219i serviciile financiare men\u021bionate sunt oferite de eToro<\/strong> \u0219i orice referiri la performan\u021ba anterioar\u0103 a unui instrument financiar, index sau pachet de investi\u021bii, nu sunt \u0219i nu ar trebui considerare un indicator fiabil al rezultatelor viitoare. <strong>Disponibilitatea tuturor produselor \u0219i serviciilor men\u021bionate mai sus poate varia \u00een func\u021bie de jurisdic\u021bie \u0219i \u021bar\u0103.<\/strong><\/p>\n<p>eToro nu face nicio declara\u021bie \u0219i nu \u00ee\u0219i asum\u0103 nicio responsabilitate cu privire la acurate\u021bea sau caracterul complet al con\u021binutului acestui ghid. Asigur\u0103-te c\u0103 \u00een\u021belegi riscurile implicate \u00een tranzac\u021bionare \u00eenainte de a implica capital. Nu risca niciodat\u0103 mai mult dec\u00e2t e\u0219ti preg\u0103tit s\u0103 pierzi.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategia de tranzac\u021bionare \u00een perechi ajut\u0103 investitorii s\u0103 valorifice dezechilibrele temporare de pre\u021b dintre dou\u0103 instrumente corelate. Aceasta presupune analiza diferen\u021belor de pre\u021b \u0219i gestionarea riscurilor asociate pentru a optimiza tranzac\u021biile. Ideea de baz\u0103 a tranzac\u021bion\u0103rii \u00een perechi este de a g\u0103si dou\u0103 titluri care tind s\u0103 se mi\u0219te \u00eempreun\u0103. Strategia implic\u0103 adoptarea simultan\u0103 a&hellip;<\/p>\n","protected":false},"author":107,"featured_media":651135,"parent":31826,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":true,"inline_featured_image":false,"sticky_cta_settings":"","footnotes":""},"asset_type":[],"class_list":["post-650744","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<title>Ce este tranzac\u021bionarea \u00een perechi | eToro<\/title>\n<meta name=\"description\" content=\"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ce este tranzac\u021bionarea \u00een perechi | eToro\" \/>\n<meta property=\"og:description\" content=\"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744\" \/>\n<meta property=\"og:site_name\" content=\"eToro\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/eToro\/\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-30T12:15:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@eToro\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/\",\"url\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/\",\"name\":\"Ce este tranzac\u021bionarea \u00een perechi | eToro\",\"isPartOf\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png\",\"datePublished\":\"2023-05-10T15:52:32+00:00\",\"dateModified\":\"2025-10-30T12:15:36+00:00\",\"description\":\"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#breadcrumb\"},\"inLanguage\":\"ro\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ro\",\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage\",\"url\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png\",\"contentUrl\":\"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"ACAS\u0102\",\"item\":\"https:\/\/www.etoro.com\/ro\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TRANZAC\u021aIONARE\",\"item\":\"https:\/\/www.etoro.com\/ro\/trading\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Despre tranzac\u021bionarea \u00een perechi\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.etoro.com\/ro\/#website\",\"url\":\"https:\/\/www.etoro.com\/ro\/\",\"name\":\"eToro\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.etoro.com\/ro\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.etoro.com\/ro\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ro\"},[]]}<\/script>","yoast_head_json":{"title":"Ce este tranzac\u021bionarea \u00een perechi | eToro","description":"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744","og_locale":"ro_RO","og_type":"article","og_title":"Ce este tranzac\u021bionarea \u00een perechi | eToro","og_description":"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.","og_url":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744","og_site_name":"eToro","article_publisher":"https:\/\/www.facebook.com\/eToro\/","article_modified_time":"2025-10-30T12:15:36+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_site":"@eToro","twitter_misc":{"Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/","url":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/","name":"Ce este tranzac\u021bionarea \u00een perechi | eToro","isPartOf":{"@id":"https:\/\/www.etoro.com\/ro\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage"},"image":{"@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage"},"thumbnailUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png","datePublished":"2023-05-10T15:52:32+00:00","dateModified":"2025-10-30T12:15:36+00:00","description":"Tranzac\u021bionarea \u00een perechi vizeaz\u0103 un randament favorabil, \u00eencerc\u00e2nd totodat\u0103 s\u0103 minimizeze riscul de pia\u021b\u0103 prin cump\u0103rarea unui titlu \u0219i v\u00e2nzarea altuia.","breadcrumb":{"@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#breadcrumb"},"inLanguage":"ro","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/"]}]},{"@type":"ImageObject","inLanguage":"ro","@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#primaryimage","url":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png","contentUrl":"https:\/\/www.etoro.com\/wp-content\/uploads\/2023\/07\/Socials-RO-3-1.png","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.etoro.com\/ro\/trading\/pairs-trading\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"ACAS\u0102","item":"https:\/\/www.etoro.com\/ro\/"},{"@type":"ListItem","position":2,"name":"TRANZAC\u021aIONARE","item":"https:\/\/www.etoro.com\/ro\/trading\/"},{"@type":"ListItem","position":3,"name":"Despre tranzac\u021bionarea \u00een perechi"}]},{"@type":"WebSite","@id":"https:\/\/www.etoro.com\/ro\/#website","url":"https:\/\/www.etoro.com\/ro\/","name":"eToro","description":"","publisher":{"@id":"https:\/\/www.etoro.com\/ro\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.etoro.com\/ro\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ro"},[]]}},"_links":{"self":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744"}],"collection":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/comments?post=650744"}],"version-history":[{"count":0,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/650744\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/pages\/31826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/media\/651135"}],"wp:attachment":[{"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/media?parent=650744"}],"wp:term":[{"taxonomy":"asset_type","embeddable":true,"href":"https:\/\/www.etoro.com\/ro\/wp-json\/wp\/v2\/asset_type?post=650744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}