Then, it studies the characteristic of price volatility and risk in closed-end securities investment fund market by use of ARCH models.
然后,利用自回归条件异方差模型系统研究了我国封闭式基金市场的价格波动特性,分析了基金市场的风险特征。
In the end, some conclusions which are derived from empirical analysis can be acquired. The thesis gives some advice on the development of closed-end securities investment fund from points of view.
最后,对由实证分析得出的结论进行了总结,从不同角度提出了建议,并对以后的研究方法提出改进。
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