{"id":83847,"date":"2016-11-28T12:00:00","date_gmt":"2016-11-28T03:00:00","guid":{"rendered":"https:\/\/www.invast.jp\/blogs\/?p=83847"},"modified":"2023-02-17T18:39:42","modified_gmt":"2023-02-17T09:39:42","slug":"technicalanalysismovingaverage1","status":"publish","type":"post","link":"https:\/\/www.invast.jp\/blogs\/technicalanalysismovingaverage1\/","title":{"rendered":"\u8ab0\u3067\u3082\u7c21\u5358\uff01\u682a\u3084FX\u3067\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u3069\u3046\u4f7f\u3046\uff1f\u898b\u65b9\u3068\u58f2\u8cb7\u30b5\u30a4\u30f33\u3064"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">\u76ee\u6b21<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle 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\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u305f\u5177\u4f53\u7684\u306a\u5206\u6790\u624b\u9806<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.invast.jp\/blogs\/technicalanalysismovingaverage1\/#4-1_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E5%B9%B3%E5%9D%87%E3%81%99%E3%82%8B%E6%9C%9F%E9%96%93%E3%81%AB%E3%81%A4%E3%81%84%E3%81%A6\" >4-1 \u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5e73\u5747\u3059\u308b\u671f\u9593\u306b\u3064\u3044\u3066<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.invast.jp\/blogs\/technicalanalysismovingaverage1\/#5%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E3%83%87%E3%83%A1%E3%83%AA%E3%83%83%E3%83%88%E3%81%A8%E3%81%9D%E3%81%AE%E8%A7%A3%E6%B6%88%E7%AD%96\" >5\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u306e\u30c7\u30e1\u30ea\u30c3\u30c8\u3068\u305d\u306e\u89e3\u6d88\u7b56<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.invast.jp\/blogs\/technicalanalysismovingaverage1\/#5-1_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AF%E5%8F%8D%E5%BF%9C%E3%81%8C%E9%81%85%E3%81%84%E3%81%A8%E3%81%84%E3%81%86%E3%83%87%E3%83%A1%E3%83%AA%E3%83%83%E3%83%88%E3%81%8C%E3%81%82%E3%82%8B%EF%BC%81\" >5-1 \u79fb\u52d5\u5e73\u5747\u7dda\u306f\u53cd\u5fdc\u304c\u9045\u3044\u3068\u3044\u3046\u30c7\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308b\uff01<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" 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id=\"1%EF%BC%8E_%E7%9B%B8%E5%A0%B4%E3%81%AE%E6%96%B9%E5%90%91%E6%80%A7%E3%81%8C%E3%82%8F%E3%81%8B%E3%82%8B%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%80%80%E6%96%B9%E5%90%91%E6%80%A7%E3%81%8C%E3%82%8F%E3%81%8B%E3%82%8C%E3%81%B0%E5%88%A9%E7%9B%8A%E3%82%92%E4%B8%8A%E3%81%92%E3%82%84%E3%81%99%E3%81%84%EF%BC%9F\"><\/span><strong>1\uff0e \u76f8\u5834\u306e\u65b9\u5411\u6027\u304c\u308f\u304b\u308b\u79fb\u52d5\u5e73\u5747\u7dda\u3000\u65b9\u5411\u6027\u304c\u308f\u304b\u308c\u3070\u5229\u76ca\u3092\u4e0a\u3052\u3084\u3059\u3044\uff1f<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u79fb\u52d5\u5e73\u5747\u7dda\u306f\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u306b\u5229\u7528\u3055\u308c\u3066\u3044\u308b\u3082\u3063\u3068\u3082\u30dd\u30d4\u30e5\u30e9\u30fc\u306a\u30c6\u30af\u30cb\u30ab\u30eb\u6307\u6a19\u3067\u3001\u3056\u3063\u304f\u308a\u8a00\u3048\u3070\u76f8\u5834\u306e\u65b9\u5411\u6027\uff08<a 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class=\"wp-image-1807\"\/><\/figure><\/div>\n\n\n\n<p><br>\u5177\u4f53\u7684\u306b\u306f\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u5411\u304d\u306a\u3089\u76f8\u5834\u306f\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u5411\u304d\u306a\u3089\u76f8\u5834\u306f\u4e0b\u964d\u30c8\u30ec\u30f3\u30c9\u3068\u8aad\u307f\u53d6\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u305d\u3057\u3066\u3082\u3046\u4e00\u70b9\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u3082\u898b\u3066\u304a\u304d\u307e\u3057\u3087\u3046\u3002<br>\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u5411\u304d\u306e\u3068\u304d\u306f\u6982\u3057\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3088\u308a\u4e0a\u306b\u3042\u3063\u3066\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u5411\u304d\u306e\u3068\u304d\u306f\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3088\u308a\u3082\u4e0b\u306b\u3042\u308a\u307e\u3059\u3088\u306d\u3002\uff08\u7dd1\u8272\u306e\u7db2\u639b\u3051\uff09<\/p>\n\n\n\n<p>\u3053\u306e\u3088\u3046\u306b\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5411\u304d\u3068\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u3092\u898b\u3066\u3001\u76f8\u5834\u306e\u30c8\u30ec\u30f3\u30c9\u3092\u628a\u63e1\u3059\u308b\u3068\u3044\u3046\u306e\u304c\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u57fa\u672c\u3067\u3059\u3002\u3082\u3061\u308d\u3093\u3001\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u306a\u3089\u8cb7\u3044\u3001\u4e0b\u964d\u30c8\u30ec\u30f3\u30c9\u306a\u3089\u58f2\u308a\u3068\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2\"><span class=\"ez-toc-section\" id=\"2%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AF%E4%B8%80%E5%AE%9A%E6%9C%9F%E9%96%93%E3%81%AE%E4%BE%A1%E6%A0%BC%E3%81%AE%E5%B9%B3%E5%9D%87\"><\/span><strong>2\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u306f\u4e00\u5b9a\u671f\u9593\u306e\u4fa1\u683c\u306e\u5e73\u5747<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u5b9f\u969b\u306e\u76f8\u5834\u306f\u3001\u65e5\u3005\u3001\u4e0a\u304c\u3063\u305f\u308a\u3001\u4e0b\u304c\u3063\u305f\u308a\u3057\u3066\u3044\u307e\u3059\u3088\u306d\u3002<br>\u305d\u308c\u3092\u4e00\u5b9a\u671f\u9593\u306e\u7d42\u5024\u306e\u5e73\u5747\u5024\u3092\u3068\u308b\u3053\u3068\u3067\u3001\u30d0\u30e9\u3064\u304d\u3092\u7121\u304f\u3057\u6ed1\u3089\u304b\u306a\u7dda\u306b\u3057\u305f\u3082\u306e\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u306a\u3093\u3067\u3059\u3002<br>\u65e5\u3005\u30b8\u30b0\u30b6\u30b0\u52d5\u3044\u3066\u3044\u308b\u76f8\u5834\u3092\u6ed1\u3089\u304b\u306b\u3059\u308c\u3070\u3001\u65b9\u5411\u6027\u304c\u898b\u3048\u3066\u304f\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u306d\u3002<\/p>\n\n\n\n<p>\u3061\u306a\u307f\u306b\u3001\u6b63\u5f0f\u540d\u79f0\u306f\u5358\u7d14\u79fb\u52d5\u5e73\u5747\u7dda\uff08SMA\uff1aSimple Moving Average\uff09\u3068\u8a00\u3044\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u8a00\u3063\u305f\u3089\u3001\u666e\u901a\u306f\u3053\u306e\u5358\u7d14\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_1.jpg\" alt=\"20161102_1\" class=\"wp-image-1808\"\/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3\"><span class=\"ez-toc-section\" id=\"3%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%9F%EF%BC%93%E3%81%A4%E3%81%AE%E5%A3%B2%E8%B2%B7%E6%89%8B%E6%B3%95\"><\/span><strong>3\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u305f\uff13\u3064\u306e\u58f2\u8cb7\u624b\u6cd5<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4f7f\u3063\u305f\u58f2\u8cb7\u624b\u6cd5\u306f\u4e3b\u306b\uff13\u3064\u3042\u308a\u307e\u3059\u3002\u3053\u3053\u3067\u306f\u305d\u306e\uff13\u3064\u306e\u58f2\u8cb7\u624b\u6cd5\u306b\u3064\u3044\u3066\u304a\u4f1d\u3048\u3044\u305f\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-1\"><span class=\"ez-toc-section\" id=\"3-1_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%82%921%E6%9C%AC%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%82%B0%E3%83%A9%E3%83%B3%E3%83%93%E3%83%AB%E3%81%AE%E6%B3%95%E5%89%87\"><\/span>3-1 \u79fb\u52d5\u5e73\u5747\u7dda\u30921\u672c\u5229\u7528\u3059\u308b\u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_2.jpg\" alt=\"20161102_2\" class=\"wp-image-1809\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u3000\u30a2\u30e1\u30ea\u30ab\u306e\u65b0\u805e\u793e\u306e\u682a\u5f0f\u90e8\u8a18\u8005\u3067\u30a2\u30ca\u30ea\u30b9\u30c8\u306e\u30b8\u30e7\u30bb\u30d5.E.\u30b0\u30e9\u30f3\u30d3\u30eb\u304c\u8003\u6848\u3057\u305f\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u305f\u58f2\u8cb7\u30b5\u30a4\u30f3\u3067\u3059\u3002<br>\u3000\u3000\u7740\u76ee\u3059\u308b\u70b9\u306f\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5411\u304d\u3001\u305d\u3057\u3066\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u3067\u3001\u7279\u306b\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u304c\u4ea4\u5dee\u3059\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u304c\u7d76\u597d\u306e\u58f2\u8cb7\u30b5\u30a4\u30f3\u306b\u306a\u308a\u307e\u3059\u3002<br>\u3000\u3000\u305f\u3060\u3057\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u6a2a\u3070\u3044\uff08\u6c34\u5e73\uff09\u306a\u72b6\u614b\u304c\u7d9a\u304f\u969b\u306b\u306f\u3001\u3042\u307e\u308a\u4e0a\u624b\u304f\u6a5f\u80fd\u3057\u306a\u3044\u306e\u3067\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5411\u304d\u3092\u3057\u3063\u304b\u308a\u628a\u63e1\u3057\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<br>\u3000\u3010\u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247\u3011<br><br><strong>\u3000\u8cb7\u3044\u30b5\u30a4\u30f3<\/strong><br><strong>\u3000\u3000\u25ce\u8cb7\uff11\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u964d\u304b\u3089\u4e0a\u6607\u306b\u5909\u5316\u3059\u308b\u4e2d\u3067\u3001\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0a\u56de\u3063\u305f\u3068\u304d<\/strong><br>\u3000\u3000\u3000\u8cb7\uff12\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u6607\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e00\u6642\u4e0b\u56de\u3063\u3066\u304b\u3089\u518d\u5ea6\u4e0a\u56de\u3063\u305f\u3068\u304d<br>\u3000\u3000\u3000\u8cb7\uff13\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u6607\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u306b\u8fd1\u3065\u304d\u518d\u5ea6\u4e0a\u304c\u308a\u59cb\u3081\u305f\u3068\u304d<br>\u3000\u3000\u3000\u8cb7\uff14\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u964d\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u4e0b\u5074\u306b\u5927\u304d\u304f\u304b\u3044\u96e2\u3057\u305f\u3068\u304d<br><strong>\u3000\u58f2\u308a\u30b5\u30a4\u30f3<\/strong><br><strong>\u3000\u3000\u25ce\u58f2\uff11\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u6607\u304b\u3089\u4e0b\u964d\u306b\u5909\u5316\u3059\u308b\u4e2d\u3067\u3001\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0b\u56de\u3063\u305f\u3068\u304d<\/strong><br>\u3000\u3000\u3000\u58f2\uff12\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u964d\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e00\u6642\u4e0a\u56de\u3063\u3066\u304b\u3089\u518d\u5ea6\u4e0b\u56de\u3063\u305f\u3068\u304d<br>\u3000\u3000\u3000\u58f2\uff13\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0b\u964d\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u306b\u8fd1\u3065\u304d\u518d\u5ea6\u4e0b\u304c\u308a\u59cb\u3081\u305f\u3068\u304d<br>\u3000\u3000\u3000\u58f2\uff14\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4e0a\u6607\u3057\u3066\u3044\u3066\u4fa1\u683c\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u4e0a\u5074\u306b\u5927\u304d\u304f\u304b\u3044\u96e2\u3057\u305f\u3068\u304d<\/p>\n\n\n\n<p><strong>\u3000\u7279\u306b\u8cb7\uff11\u3068\u58f2\uff11\u306e\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u6700\u3082\u91cd\u8981\u3060\u3068\u3044\u308f\u308c\u3066\u3044\u307e\u3059\u3002<\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_3.jpg\" alt=\"20161102_3\" class=\"wp-image-1810\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u5b9f\u969b\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u78ba\u8a8d\uff01<br>\u3000\u3010\u82f1\u30dd\u30f3\u30c9\/\u8c6a\u30c9\u30eb\u3000\u9031\u8db3\u3011<br><br>\u203b\u30d4\u30f3\u30af\u8272\u306e\u6570\u5b57\u304c\u8cb7\u3044\u30b5\u30a4\u30f3\u3001\u6c34\u8272\u306e\u6570\u5b57\u304c\u58f2\u308a\u30b5\u30a4\u30f3<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-2\"><span class=\"ez-toc-section\" id=\"3-2_2%E6%9C%AC%E3%81%AE%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%82%92%E5%88%A9%E7%94%A8%E3%81%99%E3%82%8B%E3%80%80%E3%82%B4%E3%83%BC%E3%83%AB%E3%83%87%E3%83%B3%E3%82%AF%E3%83%AD%E3%82%B9%E3%81%A8%E3%83%87%E3%83%83%E3%83%89%E3%82%AF%E3%83%AD%E3%82%B9\"><\/span><strong>3-2 2\u672c\u306e\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3059\u308b\u3000\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3068\u30c7\u30c3\u30c9\u30af\u30ed\u30b9<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_4.jpg\" alt=\"20161102_4\" class=\"wp-image-1811\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u3000\u300c25\u65e5\u7dda\u306875\u65e5\u7dda\u300d\u3084\u300c13\u9031\u7dda\u306826\u9031\u7dda\u300d\u306e\u7d44\u5408\u305b\u306e\u3088\u3046\u306b\u3001\u671f\u9593\u306e\u9055\u30462\u672c\u306e\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u305f\u3001\u6700\u3082\u6295\u8cc7\u5bb6\u306b\u826f\u304f\u77e5\u3089\u308c\u3066\u3044\u308b\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u3001\u300c\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u300d\u3068\u300c\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u300d\u3067\u3059\u3002<br>\u3000\u3000\u5177\u4f53\u7684\u306b\u306f\u3001\u4f8b\u3048\u307025\u65e5\u7dda\u306e\u3088\u3046\u306a\u77ed\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u304c75\u65e5\u7dda\u306e\u3088\u3046\u306a\u9577\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0a\u56de\u3063\u305f\u3089\u8cb7\u3044\u3001\u9006\u306b\u3001\u77ed\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u9577\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0b\u56de\u3063\u305f\u3089\u58f2\u308b\u3068\u3044\u3046\u3082\u306e\u3067\u3059\u3002<br><br><strong>\u3000\u8cb7\u3044\u30b5\u30a4\u30f3<\/strong><br><strong>\u3000\u3000\u30b4\u30fc\u30eb\u30c7\u30f3\u30fb\u30af\u30ed\u30b9\uff08G.C\uff09\u3000\u77ed\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u9577\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0a\u56de\u3063\u305f\u3068\u304d<\/strong><br><strong>\u3000\u58f2\u308a\u30b5\u30a4\u30f3<\/strong><br><strong>\u3000\u3000\u30c7\u30c3\u30c9\u30fb\u30af\u30ed\u30b9\uff08D.C\uff09\u3000\u3000\u3000\u77ed\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u9577\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4e0b\u56de\u3063\u305f\u3068\u304d<\/strong><\/p>\n\n\n\n<p>\u3000\u3000\u3000\u305f\u3060\u3057\u3001\u4fdd\u3061\u5408\u3044\uff08\u3082\u3061\u3042\u3044\uff09\u76f8\u5834\u306e\u3088\u3046\u306b\u3001\u30c8\u30ec\u30f3\u30c9\u304c\u767a\u751f\u3057\u3066\u3044\u306a\u3044\u6a2a\u3070\u3044\u306e\u30dc\u30c3\u30af\u30b9\u76f8\u5834\u3067\u306f\u6a5f\u80fd\u3057\u306a\u3044\u306e\u3067\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u6a2a\u3070\u3044\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u3092\u78ba\u8a8d\u3057\u3066\u3001\u76f8\u5834\u306b\u30c8\u30ec\u30f3\u30c9\u304c\u51fa\u3066\u3044\u308b\u3053\u3068\u3092\u628a\u63e1\u3057\u3066\u5229\u7528\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<p>\u3000\u203b\u30dc\u30c3\u30af\u30b9\u76f8\u5834\u3067\u306e\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3084\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u306f\u640d\u5207\u308a\u306e\u9023\u7d9a\u306b\u306a\u308b\u3053\u3068\u304c\u591a\u3044\u306e\u3067\u8981\u6ce8\u610f\uff01<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_4_1-1.jpg\" alt=\"20161102_4_1\" class=\"wp-image-1813\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u5b9f\u969b\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u78ba\u8a8d\uff01<br>\u3000\u3010\u82f1\u30dd\u30f3\u30c9\/\u8c6a\u30c9\u30eb\u3000\u9031\u8db3\u3011<br><br>\u3053\u306e\u3088\u3046\u306b\u4e0a\u6607\u3067\u3082\u4e0b\u964d\u3067\u3082\u30c8\u30ec\u30f3\u30c9\u304c\u51fa\u3066\u3044\u308b\u969b\u306b\u306f\u3001\u3053\u306e\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u6a5f\u80fd\u3057\u3066\u3044\u308b\u3053\u3068\u304c\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-3\"><span class=\"ez-toc-section\" id=\"3-3_%E3%82%B0%E3%83%A9%E3%83%B3%E3%83%93%E3%83%AB%E3%81%AE%E6%B3%95%E5%89%87%E3%81%A8%E3%82%B4%E3%83%BC%E3%83%AB%E3%83%87%E3%83%B3%E3%82%AF%E3%83%AD%E3%82%B9%E3%80%81%E3%83%87%E3%83%83%E3%83%89%E3%82%AF%E3%83%AD%E3%82%B9%E3%81%AE%E5%90%88%E3%82%8F%E3%81%9B%E6%8A%80\"><\/span><strong>3-3 \u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247\u3068\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3001\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u306e\u5408\u308f\u305b\u6280<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>\u3000\u671f\u9593\u306e\u7570\u306a\u308b\u8907\u6570\u306e\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u95a2\u4fc2\u3092\u5229\u7528\u3057\u3066\u58f2\u8cb7\u3092\u8003\u3048\u308b\u65b9\u6cd5\u3067\u3001\u4e0a\u3067\u3054\u7d39\u4ecb\u3057\u305f\u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247\u306e\u8003\u3048\u65b9\u3068\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3001\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u306e\u8003\u3048\u65b9\u3092\u5229\u7528\u3057\u305f\u58f2\u8cb7\u65b9\u6cd5\u306b\u306a\u308a\u307e\u3059\u3002<br>\u3000\u58f2\u8cb7\u30b5\u30a4\u30f3\u306e\u8a73\u7d30\u306f\u305d\u308c\u305e\u308c\u306e\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u304b\u3089\u6b21\u306e\u30a4\u30e1\u30fc\u30b8\u56f3\u306e\u901a\u308a\u306b\u306a\u308a\u307e\u3059\u304c\u3001\u5fc5\u305a\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u65b9\u5411\u6027\u3092\u78ba\u8a8d\u3057\u3066\u5229\u7528\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_5.jpg\" alt=\"20161102_5\" class=\"wp-image-1800\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u4f8b\u3048\u3070\u3001A\u306f\u4fa1\u683c\u304c\u30c1\u30e3\u30fc\u30c8\u4e0a\u306e\u4e00\u756a\u9ad8\u3044\u3068\u3053\u308d\u306b\u3042\u308a\u3001\u6b21\u304c\u77ed\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3001\u4e00\u756a\u4e0b\u304c\u9577\u671f\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u3044\u3046\u72b6\u614b\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u5b9f\u969b\u306e\u30c1\u30e3\u30fc\u30c8\u3067A\u306e\u8cb7\u3044\u306e\u72b6\u614b\u3068D\u306e\u58f2\u308a\u306e\u72b6\u614b\u306b\u306a\u3063\u3066\u3044\u308b\u3068\u3053\u308d\u3092\u793a\u3057\u305f\u3082\u306e\u304c\u4e0b\u306e\u30a4\u30e1\u30fc\u30b8\u3067\u306e\u8d64\u67a0\u90e8\u5206\uff08A\uff09\u3068\u9752\u67a0\u90e8\u5206\uff08D\uff09\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_6.jpg\" alt=\"20161102_6\" class=\"wp-image-1801\"\/><\/figure><\/div>\n\n\n\n<p>\u3000A\u3068D\u4ee5\u5916\u306eB\u3001C\u3001E\u3001F\u306f\u76f8\u5834\u304c\u3069\u3046\u3044\u3046\u72b6\u6cc1\u306e\u3068\u3053\u308d\u304b\u3001\u3054\u81ea\u8eab\u3067\u78ba\u8a8d\u3057\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002<br>\u3000\u3010\u82f1\u30dd\u30f3\u30c9\/\u8c6a\u30c9\u30eb\u3000\u9031\u8db3\u3011<br><br>\u3000\u203bA\u306f\u8d64\u67a0\u3001D\u306f\u9752\u67a0\u3067\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4\"><span class=\"ez-toc-section\" id=\"4%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%9F%E5%85%B7%E4%BD%93%E7%9A%84%E3%81%AA%E5%88%86%E6%9E%90%E6%89%8B%E9%A0%86\"><\/span><strong>4\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u305f\u5177\u4f53\u7684\u306a\u5206\u6790\u624b\u9806<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u308f\u304b\u3063\u305f\u3068\u3053\u308d\u3067\u3001\u6b21\u306f\u5b9f\u969b\u306b\u5206\u6790\u306e\u624b\u9806\u3067\u3059\u3002<br>\u6708\u8db3\u304b\u3089\u9806\u306b\u9031\u8db3\u3001\u65e5\u8db3\u3068\u3044\u3046\u3088\u3046\u306b\u9577\u3044\u6642\u9593\u8ef8\u306e\u30c1\u30e3\u30fc\u30c8\u304b\u3089\u78ba\u8a8d\u3057\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<p>\u4f8b\u3048\u3070\u3001\u6700\u7d42\u7684\u306b\u65e5\u8db3\u3067\u58f2\u8cb7\u3092\u8003\u3048\u308b\u306a\u3089\u3001\u6708\u8db3\u30c1\u30e3\u30fc\u30c8\u3084\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u306e\u30c8\u30ec\u30f3\u30c9\u3092\u78ba\u8a8d\u3057\u3066\u304b\u3089\u3001\u6700\u7d42\u7684\u306b\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u58f2\u8cb7\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u6c7a\u3081\u308b\u3068\u3044\u3063\u305f\u30a4\u30e1\u30fc\u30b8\u3067\u3059\u3002\u30c8\u30ec\u30f3\u30c9\u306f\u671f\u9593\u304c\u9577\u307b\u3069\u4fe1\u983c\u6027\u304c\u9ad8\u304f\u3001\u9006\u306b\u65e5\u8db3\u3084\u6642\u9593\u8db3\u306e\u3088\u3046\u306a\u77ed\u3044\u671f\u9593\u306e\u3082\u306e\u3060\u3068\u300c\u30c0\u30de\u30b7\u300d\u3068\u3088\u3070\u308c\u308b\u4fe1\u983c\u5ea6\u306e\u4f4e\u3044\u30b5\u30a4\u30f3\u304c\u51fa\u308b\u4e8b\u304c\u3042\u308b\u306e\u3067\u3001\u6708\u8db3\u30c1\u30e3\u30fc\u30c8\u3084\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u306f\u65b9\u5411\u6027\u3060\u3051\u306f\u3057\u3063\u304b\u308a\u3068\u78ba\u8a8d\u3057\u3066\u304a\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_7.jpg\" alt=\"20161102_7\" class=\"wp-image-1802\"\/><\/figure><\/div>\n\n\n\n<p><br>\u3082\u3046\u5c11\u3057\u4e2d\u9577\u671f\u7684\u306a\u89b3\u70b9\u3067\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u58f2\u8cb7\u3059\u308b\u5834\u5408\u3082\u540c\u3058\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u6708\u8db3\u30c1\u30e3\u30fc\u30c8\u306e\u30c8\u30ec\u30f3\u30c9\u3092\u78ba\u8a8d\u3057\u3066\u3001\u6700\u7d42\u7684\u306b\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u58f2\u8cb7\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u898b\u6975\u3081\u307e\u3057\u3087\u3046\u3002<br>\u6708\u8db3\u30c1\u30e3\u30fc\u30c8\u304c\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u306a\u3089\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u8cb7\u3046\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u3001\u9006\u306b\u6708\u8db3\u30c1\u30e3\u30fc\u30c8\u304c\u4e0b\u964d\u30c8\u30ec\u30f3\u30c9\u306a\u3089\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u3067\u58f2\u308b\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u63a2\u308b\u3068\u3044\u3063\u305f\u5177\u5408\u3067\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_8.jpg\" alt=\"20161102_8\" class=\"wp-image-1803\"\/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-1\"><span class=\"ez-toc-section\" id=\"4-1_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E5%B9%B3%E5%9D%87%E3%81%99%E3%82%8B%E6%9C%9F%E9%96%93%E3%81%AB%E3%81%A4%E3%81%84%E3%81%A6\"><\/span><strong>4-1 \u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5e73\u5747\u3059\u308b\u671f\u9593\u306b\u3064\u3044\u3066<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_9.jpg\" alt=\"20161102_9\" class=\"wp-image-1804\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u65e5\u8db3\u30c1\u30e3\u30fc\u30c8\u306a\u308925\u65e5\u7dda\uff0825\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u308475\u65e5\u7dda\u3001\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u306a\u308913\u9031\u7dda\uff0813\u9031\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u308426\u9031\u7dda\uff0826\u9031\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u300152\u9031\u7dda\uff0852\u9031\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u306a\u3069\u3068\u3044\u3063\u305f\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u5e73\u5747\u3059\u308b\u671f\u9593\u306f\u3001\u57fa\u672c\u7684\u306b\u306f\u4e00\u822c\u7684\u306b\u5229\u7528\u3055\u308c\u3066\u3044\u308b\u3082\u306e\u304c\u304a\u85a6\u3081\u3067\u3059\u3002<br>\u3000\u3082\u3061\u308d\u3093\u3001\u9298\u67c4\u6bce\u306b\u81ea\u5206\u3067\u8a2d\u5b9a\u3057\u305f\u671f\u9593\u3092\u5229\u7528\u3057\u3066\u3082\u3044\u3044\u3067\u3059\u304c\u3001\u7279\u306b\u3053\u3060\u308f\u308a\u304c\u306a\u3044\u306e\u3067\u3042\u308c\u3070\u3001\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u304c\u898b\u3066\u3044\u308b\u4e00\u822c\u7684\u306a\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3057\u307e\u3057\u3087\u3046\u3002<br>\u3000\u3061\u306a\u307f\u306b\u6b27\u7c73\u3067\u306f20\u65e5\u7dda\u308440\u65e5\u7dda\u300150\u65e5\u7dda\u306a\u3069\u304c\u826f\u304f\u5229\u7528\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u4e0b\u306e\u8868\u306f\u6708\u8db3\u3001\u9031\u8db3\u306a\u3069\u8db3\u7a2e\u5225\u3067\u826f\u304f\u5229\u7528\u3055\u308c\u308b\u6570\u5024\u3067\u3059\u3002<br><br>\u3000\u203b\u65e5\u8db3\u3084\u9031\u8db3\u306a\u3069\u306e\u79fb\u52d5\u5e73\u5747\u3059\u308b\u671f\u9593\u306f\u30011\u30f5\u6708\u30843\u30f5\u6708\u30016\u30f5\u6708\u306a\u3069\u306b\u306a\u3063\u3066\u3044\u307e\u3059\u3002<br>\u3000\u203b\u3082\u3063\u3068\u671f\u9593\u306e\u77ed\u3044\u8db3\u7a2e\u3001\u4f8b\u3048\u30701\u6642\u9593\u8db3\u30845\u5206\u8db3\u306a\u3069\u3067\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5229\u7528\u3059\u308b\u5834\u5408\u300124\u6642\u9593\uff081\u6642\u9593\u8db3\u306a\u308924\u671f\u9593\u306e\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u308412\u6642\u9593\uff0830\u5206\u8db3\u306a\u308924\u671f\u9593\u300115\u5206\u8db3\u306a\u308948\u671f\u9593\uff09\u30016\u6642\u9593\uff0815\u5206\u8db3\u306a\u308924\u671f\u9593\u30015\u5206\u8db3\u306a\u308972\u671f\u9593\uff09\u306e\u3088\u3046\u306b\u3001\u5229\u7528\u3059\u308b\u306e\u304c\u4e00\u822c\u7684\u3067\u3059\u3002<br>\u3000\u203b\u7279\u306b\u6c7a\u307e\u3063\u305f\u7d44\u5408\u305b\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u300125\u65e5\u7dda\u3084\u305d\u306e3\u500d\u306e75\u65e5\u7dda\u3001\u66f4\u306b\u305d\u306e2\u500d\u306e150\u65e5\u7dda\u3068\u3044\u3046\u3088\u3046\u306b\u3001\u77ed\u3044\u3082\u306e\u30922\u500d\u30013\u500d\u7a0b\u5ea6\u3057\u305f\u671f\u9593\u3067\u5229\u7528\u3059\u308b\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5\"><span class=\"ez-toc-section\" id=\"5%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E3%83%87%E3%83%A1%E3%83%AA%E3%83%83%E3%83%88%E3%81%A8%E3%81%9D%E3%81%AE%E8%A7%A3%E6%B6%88%E7%AD%96\"><\/span><strong>5\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u306e\u30c7\u30e1\u30ea\u30c3\u30c8\u3068\u305d\u306e\u89e3\u6d88\u7b56<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u3053\u3053\u3067\u306f\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u30c7\u30e1\u30ea\u30c3\u30c8\u306b\u3064\u3044\u3066\u8a73\u3057\u304f\u3054\u7d39\u4ecb\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"5-1\"><span class=\"ez-toc-section\" id=\"5-1_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AF%E5%8F%8D%E5%BF%9C%E3%81%8C%E9%81%85%E3%81%84%E3%81%A8%E3%81%84%E3%81%86%E3%83%87%E3%83%A1%E3%83%AA%E3%83%83%E3%83%88%E3%81%8C%E3%81%82%E3%82%8B%EF%BC%81\"><\/span><strong>5-1 \u79fb\u52d5\u5e73\u5747\u7dda\u306f\u53cd\u5fdc\u304c\u9045\u3044\u3068\u3044\u3046\u30c7\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308b\uff01<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>\u3000\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u6700\u5927\u306e\u30c7\u30e1\u30ea\u30c3\u30c8\u306f\u76f8\u5834\u3078\u306e\u8ffd\u968f\u6027\u304c\u9045\u304f\u306a\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<br>\u3000\u8ffd\u968f\u6027\u304c\u9045\u3044\u3068\u306f\u3001\u76f8\u5834\u304c\u5929\u4e95\u3092\u6253\u3063\u3066\u4e0b\u3052\u59cb\u3081\u3066\u5c11\u3057\u7d4c\u3063\u3066\u304b\u3089\u79fb\u52d5\u5e73\u5747\u7dda\u3082\u4e0b\u3052\u59cb\u3081\u305f\u308a\u3001\u76f8\u5834\u304c\u5e95\u6253\u3061\u3057\u3066\u4e0a\u3052\u59cb\u3081\u3066\u5c11\u3057\u7d4c\u3063\u3066\u304b\u3089\u79fb\u52d5\u5e73\u5747\u7dda\u3082\u4e0a\u304c\u308a\u59cb\u3081\u305f\u308a\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3067\u3082\u3001\u30c8\u30ec\u30f3\u30c9\u3063\u3066\u30c8\u30ec\u30f3\u30c9\u304c\u51fa\u59cb\u3081\u3066\u304b\u3089\u78ba\u8a8d\u3067\u304d\u308b\u306e\u3067\u3001\u3053\u308c\u306f\u4ed5\u65b9\u304c\u7121\u3044\u3053\u3068\u306a\u3093\u3067\u3059\u3088\u306d\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_10.jpg\" alt=\"20161102_10\" class=\"wp-image-1805\"\/><\/figure><\/div>\n\n\n\n<p>\u3000\u6b21\u306e\uff14\u3064\u306e\u30b0\u30e9\u30d5\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u3002\u3061\u3087\u3063\u3068\u96e3\u3057\u3044\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u5de6\u4e0a\u304c\u4fa1\u683c\u30c1\u30e3\u30fc\u30c8\u3001\u5de6\u4e0b\u304c\u4fa1\u683c\u30c1\u30e3\u30fc\u30c8\u30922\u65e5\u5206\u672a\u6765\u306b\u30b7\u30d5\u30c8\u3057\u305f\u3082\u306e\u3001\u53f3\u4e0a\u304c\u5f53\u65e5\u3092\u542b\u3080\u524d\u5f8c2\u65e5\u3092\u5e73\u5747\u5316\u3057\u305f\u30c1\u30e3\u30fc\u30c8\u3001\u53f3\u4e0b\u304c5\u65e5\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u793a\u3057\u305f\u3082\u306e\u306b\u306a\u308a\u307e\u3059\u3002<br><br>\u3000\u305d\u3053\u3067\u307e\u305a\u53f3\u4e0a\u306e\u30c1\u30e3\u30fc\u30c8\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<br>\u3000\u3053\u308c\u306f\u666e\u901a\u306e\u79fb\u52d5\u5e73\u5747\u7dda\uff08\u53f3\u4e0b\u306e\u79fb\u52d5\u5e73\u5747\u7dda\uff09\u30922\u65e5\u904e\u53bb\u306b\u79fb\u52d5\u3057\u305f\u3082\u306e\u306b\u306a\u308b\u306e\u3067\u3059\u304c\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4fa1\u683c\u3068\u540c\u3058\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u4e0a\u4e0b\u3057\u3066\u3044\u308b\u306e\u304c\u308f\u304b\u308a\u307e\u3059\u3088\u306d\u3002<br>\u3000\u3053\u306e\u3088\u3046\u306b\u5e73\u5747\u5316\u3059\u308b\u671f\u9593\u306e\u534a\u5206\u7a0b\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u904e\u53bb\u306b\u30b7\u30d5\u30c8\u3059\u308b\u3068\u76f8\u5834\u3068\u540c\u3058\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u65b9\u5411\u6027\u304c\u5909\u5316\u3059\u308b\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u8a00\u3044\u63db\u3048\u308c\u3070\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306f\u5e73\u5747\u5316\u3059\u308b\u671f\u9593\u306e\u534a\u5206\u307b\u3069\u3001\u4fa1\u683c\u306e\u5909\u5316\u304b\u3089\u9045\u308c\u3066\u3044\u308b\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u5b9f\u969b\u306e\u30c1\u30e3\u30fc\u30c8\u3067\u78ba\u8a8d\uff01<br>\u3000\u4e0b\u306e\u30c1\u30e3\u30fc\u30c8\u306f\u7c73\u30c9\u30eb\/\u5186\u306e\u9031\u8db3\u30c1\u30e3\u30fc\u30c8\u306826\u9031\u79fb\u52d5\u5e73\u5747\u7dda\uff08\u30d4\u30f3\u30af\u8272\u5b9f\u7dda\uff09\u3001\u66f4\u306b\u300126\u9031\u79fb\u52d5\u5e73\u5747\u7dda\u309213\u9031\u904e\u53bb\u306b\u30b7\u30d5\u30c8\u3057\u305f\u3082\u306e\uff08\u6fc3\u3044\u30d4\u30f3\u30af\u8272\u306e\u7834\u7dda\uff09\u3067\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_11.jpg\" alt=\"20161102_11\" class=\"wp-image-1806\"\/><\/figure><\/div>\n\n\n\n<p><br>\u3000\u3053\u306e\u3088\u3046\u306b\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u5e73\u5747\u5316\u3059\u308b\u671f\u9593\u306e\u534a\u5206\u3060\u3051\u904e\u53bb\u306b\u30b7\u30d5\u30c8\u3059\u308b\u3068\u3001\u76f8\u5834\u306e\u5909\u5316\u3068\u540c\u3058\u30bf\u30a4\u30df\u30f3\u30b0\u3067\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u65b9\u5411\u6027\u3082\u5909\u5316\u3059\u308b\u3068\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u305d\u3057\u3066\u3001\u5b9f\u306f\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u4fa1\u683c\u306e\u63a8\u79fb\u306b\u9045\u308c\u3066\u53cd\u5fdc\u3059\u308b\u70ba\u306b\u3001\u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247\u3084\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u306a\u3069\u306e\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u751f\u3058\u3066\u304f\u308b\u3063\u3066\u3053\u3068\u306a\u3093\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"5-1-1\"><span class=\"ez-toc-section\" id=\"5-1-1%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E3%83%87%E3%83%A1%E3%83%AA%E3%83%83%E3%83%88%E3%82%92%E6%94%B9%E8%89%AF%E3%81%97%E3%81%9F%E3%83%84%E3%83%BC%E3%83%AB%E3%81%AF%E4%BD%BF%E3%82%8F%E3%81%AA%E3%81%8F%E3%81%A6%E3%81%84%E3%81%84%EF%BC%9F\"><\/span><strong>5-1-1\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u30c7\u30e1\u30ea\u30c3\u30c8\u3092\u6539\u826f\u3057\u305f\u30c4\u30fc\u30eb\u306f\u4f7f\u308f\u306a\u304f\u3066\u3044\u3044\uff1f<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><\/p>\n\n\n\n<p>\u3000\u77e5\u3063\u3066\u308b\u65b9\u3082\u591a\u3044\u3068\u601d\u3044\u307e\u3059\u304c\u3001\uff08\u5358\u7d14\uff09\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u53cd\u5fdc\u306e\u9045\u3055\u306a\u3069\u306b\u7740\u76ee\u3057\u3066\u3001\u6b21\u306e\u3088\u3046\u306a\u6539\u826f\u7248\u306e\u79fb\u52d5\u5e73\u5747\u7dda\u3082\u3042\u308a\u307e\u3059\u304c\u3001\u500b\u4eba\u7684\u306b\u3053\u3060\u308f\u308a\u304c\u7121\u3044\u306e\u3067\u3042\u308c\u3070\u3001\u7279\u306b\u4f7f\u308f\u306a\u304f\u3066\u3082\u3044\u3044\u3068\u601d\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3010\u4fa1\u683c\u8ffd\u968f\u6027\u306e\u9045\u3055\u3092\u6539\u826f\u3057\u305f\u79fb\u52d5\u5e73\u5747\u7dda\u3011<br>\u3000\u30fb\u52a0\u91cd\u79fb\u52d5\u5e73\u5747\u7dda\uff08WMA\uff1aWeighted Moving Average\uff09<br>\u3000\u30fb\u6307\u6570\u5e73\u6ed1\u79fb\u52d5\u5e73\u5747\u7dda(EMA\uff1aExponential Moving Average)<br>\u3000\u30fbDEMA(Double Exponential Moving Average)<br>\u3000\u30fbTEMA(Triple Exponential Moving Average)<br>\u3000\u30fb\u4fee\u6b63\u79fb\u52d5\u5e73\u5747\uff08RMA\uff1aRunning Moving agerage,MMA:Modified Moving Average,SMMA:Smoothed Moving Average\uff09<br>\u3000\u30fbT3 Moving Average<br>\u3000\u3000\u7b49<\/p>\n\n\n\n<p>\u3000\u3010\u4fa1\u683c\u81ea\u4f53\u306e\u91cd\u8981\u6027\u3092\u610f\u8b58\u3057\u305f\u79fb\u52d5\u5e73\u5747\u7dda\u3011<br>\u3000\u30fb\u51fa\u6765\u9ad8\u52a0\u91cd\u79fb\u52d5\u5e73\u5747\uff08VWMA:Volume-Weighted Moving Average\uff09<\/p>\n\n\n\n<p>\u3000\u3010\u5c11\u3057\u7279\u6b8a\u306a\u79fb\u52d5\u5e73\u5747\u7dda\u3011<br>\u3000\u30fb\u4e09\u89d2\u79fb\u52d5\u5e73\u5747\u7dda\uff08TMA:Triangular Moving Average )<\/p>\n\n\n\n<p>\u3000\u3053\u308c\u3089\u306e\u6539\u826f\u7248\u79fb\u52d5\u5e73\u5747\u7dda\u3092\u4f7f\u308f\u306a\u304f\u3066\u3082\u3044\u3044\u7406\u7531\u306f\u6b21\u306e\uff12\u3064\u3002<br>\u3000\uff11\u3064\u306f\u3001\u4fa1\u683c\u306e\u8ffd\u968f\u6027\u304c\u9045\u3044\u3053\u3068\u3067\u3001\u30b0\u30e9\u30f3\u30d3\u30eb\u306e\u6cd5\u5247\u3084\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u3001\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u3068\u3044\u3046\u58f2\u8cb7\u30b5\u30a4\u30f3\u304c\u51fa\u308b\u304b\u3089\u3002<br>\u3000\u5148\u7a0b\u306e\uff14\u3064\u306e\u30b0\u30e9\u30d5\u306e\u5de6\u4e0b\u3001\u4fa1\u683c\u30922\u65e5\u672a\u6765\u306b\u305a\u3089\u3057\u305f\u3082\u306e\u3092\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/www.etf-gateway.jp\/wp-content\/uploads\/2016\/11\/20161102_10.jpg\" alt=\"20161102_10\" class=\"wp-image-1805\"\/><\/figure><\/div>\n\n\n\n<p><br>\u3000\u4fa1\u683c\u30922\u65e5\u672a\u6765\u306b\u305a\u3089\u3059\u3068\u3001\u9ed2\u3044\u4fa1\u683c\u306e\u7dda\u3068\u9ec4\u571f\u8272\u306e\u7dda\u304c\u4ea4\u308f\u3063\u3066\u3001\u305d\u308c\u304c\u58f2\u8cb7\u30bf\u30a4\u30df\u30f3\u30b0\u3068\u3057\u3066\u5229\u7528\u3067\u304d\u307e\u3059\u3002<br>\u3000\u58f2\u8cb7\u30b5\u30a4\u30f3\u306f\u591a\u5c11\u9045\u308c\u307e\u3059\u304c\u3001\u76f8\u5834\u306e\u4e16\u754c\u3067\u306f\u6614\u304b\u3089\u300c\u982d\u3068\u5c3b\u5c3e\uff08\u3057\u3063\u307d\uff09\u306f\u304f\u308c\u3066\u3084\u308c\u300d\u3063\u3066\u8a00\u3046\u3093\u3067\u3059\u3002\u30c8\u30ec\u30f3\u30c9\u3092\u898b\u6975\u3081\u3066\u30c8\u30ec\u30f3\u30c9\u306b\u4e57\u3063\u3066\u58f2\u8cb7\u3092\u3057\u3088\u3046\u306d\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u3082\u3046\uff11\u3064\u306e\u7406\u7531\u306f\u3001\u591a\u304f\u306e\u6295\u8cc7\u5bb6\u304c\u898b\u3066\u3044\u308b\u79fb\u52d5\u5e73\u5747\u7dda\u304c\u3001\u6539\u826f\u7248\u3067\u306f\u306a\u304f\u3001\u5358\u7d14\u79fb\u52d5\u5e73\u5747\u7dda\u3060\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<p>\u3000\u57fa\u672c\u7684\u306b\u306f\u30de\u30fc\u30b1\u30c3\u30c8\u304c\u610f\u8b58\u3057\u3066\u3044\u308b\u3082\u306e\u3092\u4f7f\u3046\u3088\u3046\u306b\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6\"><span class=\"ez-toc-section\" id=\"6%EF%BC%8E_%E7%A7%BB%E5%8B%95%E5%B9%B3%E5%9D%87%E7%B7%9A%E3%81%AE%E3%81%BE%E3%81%A8%E3%82%81\"><\/span><strong>6\uff0e \u79fb\u52d5\u5e73\u5747\u7dda\u306e\u307e\u3068\u3081<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><\/p>\n\n\n\n<p>\u3044\u304b\u304c\u3067\u3057\u305f\u3067\u3057\u3087\u3046\uff1f<br>\u3044\u307e\u307e\u3067\u4f55\u6c17\u306a\u304f\u773a\u3081\u3066\u3044\u305f\u30c1\u30e3\u30fc\u30c8\u3084\u79fb\u52d5\u5e73\u5747\u7dda\u3002\u3053\u308c\u304b\u3089\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u4fa1\u683c\u306e\u4f4d\u7f6e\u95a2\u4fc2\u3092\u898b\u308b\u3053\u3068\u3067\u76f8\u5834\u306e\u30c8\u30ec\u30f3\u30c9\u304c\u628a\u63e1\u3067\u304d\u3001\u79fb\u52d5\u5e73\u5747\u7dda\u306e\u65b9\u5411\u3084\u4fa1\u683c\u306e\u4f4d\u7f6e\u95a2\u4fc2\u304b\u3089\u30c8\u30ec\u30fc\u30c9\u306b\u3064\u306a\u3052\u3089\u308c\u307e\u3059\u3088\u306d\u3002<br>\u662f\u975e\u3001\u6d3b\u7528\u3057\u3066\u307f\u3066\u304f\u3060\u3055\u3044\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1\uff0e 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[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":83849,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[314],"tags":[],"class_list":["post-83847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fx-basis"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/posts\/83847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/comments?post=83847"}],"version-history":[{"count":4,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/posts\/83847\/revisions"}],"predecessor-version":[{"id":84375,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/posts\/83847\/revisions\/84375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/media\/83849"}],"wp:attachment":[{"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/media?parent=83847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/categories?post=83847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invast.jp\/blogs\/wp-json\/wp\/v2\/tags?post=83847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}