【摘要】 股票市场的有效性研究将使投资者认识到投机行为是不可取的市场策略,从而引导我国证券市场的稳定和健康发展.本文介绍了验证股票市场有效性的一般方法,并利用沪市指数数据进行了实证分析,得到了我国股票市场已经进入弱有效性阶段的结论.更多还原

【Abstract】 The study of the efficiency of the stock market enables investors to recognize that speculation is not an advisable market strategy and will hinder its stable and health development.This paper introduces the general method for the validation of the efficiency of the stock market,and makes an empirical analysis based on Shanghai stock market’s index price.Finally,a conclusion is reached that our stock market has come into the weak efficiency stage.更多还原