Besides reclassification of weak form efficient market, the text carries on empirical research about efficiency of our securities market.
本文的重点除了对弱势有效进行分类之外,还基于新建立的分析体系对我国证券市场效率进行了实证研究。
This paper examines the weak form efficiency in Shanghai stock market from the beginning of 1991 to the end of 1996 by applying modern investment theories and empirical research method.
运用现代投资分析理论与实证研究方法,对上海股票市场从1991年初~1996年底的市场弱式有效性进行了全面综合分析。
Reclassification of weak form efficient market and setting up a new analysis system can make effective and rational research to the poor efficiency of the new developing securities market.
对弱势有效的分类,建立一个新的弱势有效分析体系,能对新兴证券市场的低效率进行有效而合理的评价。
The Chinese stock market whether or not meets weak-form efficiency has been an important issue of the theoretical study, and has significant practical value.
中国股票市场是否达到弱势有效,一直是理论界探讨的重要课题,同时也具有重要的实践意义。
The problem of whether Chinese stock market meets the weak-form efficiency or not has been a very important topic for quite a long time, not only in theory but also in practice.
中国股票市场是否达到弱式有效一直是理论界讨论的重要课题,具有重要的理论价值和实践意义。
Through variance ratio test, we find the Chinese warrant markets do not reach weak form market efficiency, and simple trading rules of technique analysis prove some kind of efficacy.
通过方差比检验,我们发现中国权证市场不具弱有效性,简单交易规则一定程度上能在权证市场中有效预测。
Most researches show at present that Chinese security market has already reached the weak-form efficiency, but has not been up to semi-strong-form efficiency.
目前大多数的研究认为我国证券市场已达到弱式有效,但尚未达到半强式有效。
Shenzhen stock market has qualified the weak-form efficiency. Autocorrelation of the time sequence tests show that the time sequence of stock return is correlative.
自相关检验结论为:序列存在相关性,否定了收益序列的随机波动特性。
Shenzhen stock market has qualified the weak-form efficiency. Autocorrelation of the time sequence tests show that the time sequence of stock return is correlative.
自相关检验结论为:序列存在相关性,否定了收益序列的随机波动特性。
应用推荐