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成交量与回报率相关性实证研究

Positive Analysis of the Relation Between Return and Trading

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【作者】 盛建平高芳敏

【Author】 SHENG Jian-ping, GAO Fang-ming (Hang Zhou Institute of Commerce, Hangzhou 310035 China)

【机构】 杭州商学院!浙江杭州310035

【摘要】 本文从成交量与回报率的定性分析出发 ,结合国外的相关理论 ,利用收集的数据对两者进行定量分析 ,得出成交量与回报率、前后期成交量的数学表达式。研究表明我国股市的成交量与回报率呈正相关。并提出了若干建议。

【Abstract】 This paper provideda further understanding of the relation between return and trading. The empirical conclusion about return and has been studied, trading. Some theories about return and trading are introduced. Further analysis of the relation found out that there is positive association between the signed valued of common share returns and trading activity.

【关键词】 回报率成交量正相关
【Key words】 returntrading volumepositive relation
  • 【分类号】F830.91
  • 【被引频次】50
  • 【下载频次】420
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