STATISTICAL ANALYSIS OF THE INFLUENCE OF EXCHANGE RATE DIFFERENCES ON THE FINANCIAL RISK OF STEVEDORING COMPANIES

Increased interest from users of financial information, which is risky in nature, determines the relevance of the study of the impact of exchange rate differences on the financial risk of economic entities and their financial performance. There is the need to refine the impact of exchange rate differences on the financial risk of economic entities in the perspective of sectoral characteristics, also to determine the practical aspect of using methods of statistical analysis and to identify factors influencing the income generated in foreign currency. The study examines the impact of exchange rate differences on financial risk on the example of state stevedoring companies in Ukraine, the peculiarity of which is the settlement in foreign currency which is associated with the formation of chord rates in US dollars. It is concluded that there is a discrepancy between the US dollar exchange rate, which was included in the financial plan of state stevedoring companies, and the actual exchange rate. This fact directly affected the level of income, namely their reduction from the main activity in absolute terms. Determining the structural ratio of the impact of factors of cargo volume and the average income rate per 1 ton of cargo allowed us to establish that throughout the period there was a negative impact of the income rate factor which is formed in dollar terms. From the standpoint of the statistical analysis of the impact of the dollar on the formation of the revenue side of the financial results of state stevedoring companies of Ukraine and the results, it is proposed to take measures to reduce potential financial risks and avoid / minimize financial losses in terms of income loss, namely graphical and statistical methods based on built models, which adequately describe the dynamics of the series to select the best model for constructing forecast data; during the formation of the financial plan of the stevedoring company to take into account trends in exchange rates by conducting a more detailed analysis, for example, the general trend of exchange rates over time by the method of aggregation of intervals, moving average and analytical alignment; to apply the method of hedging future cash flows that depend on currency risks in order to reduce the propensity to risks and uncertainties associated with changes in external economic conditions for exchange rates which will minimize the negative impact and eliminate uncertainty about exchange rates in the future.