动量效应提出了一个更深层次的重要问题，如果市场是理性的，如有效市场假说假设的那样，那么市场将把资金分配给收益最大的用途。
The momentum effect raises a further important issue. If markets are rational, as the efficient-market hypothesis assumed, then they will allocate capital to its most productive USES.
大多数业务经理都理解收益递减效应的影响，不过在招聘上，他们却认识不到这一点。
Most business managers recognize the point of diminishing returns, but they don't tend to recognize that in hiring.
莫里斯还说，私募股权经理人所实现的收益还应归功于很多其他因素，包括金融杠杠效应以及股票市场的整体走高，因此他们不能独揽全功。
In addition, he says, the returns they do achieve are due to factors, including high leverage and the overall movement of the stockmarket, for which private-equity managers cannot claim credit.
空客母公司欧洲宇航防务集团尽管收益令人失望，由于欧元效应预计股价有所上升。
EADS, the parent company of Airbus, has seen its share price rise, despite disappointing earnings, in anticipation of a similar "euro effect".
价差合约交易经常利用的杠杆效应，即少量的保证金可导致重大的损失或收益。
The leverage often obtainable in trading CFDs means that a small margin can lead to large losses as well as gains.
高技术企业可以应用驱动市场战略来降低技术和市场的不确定性、高变化性和高风险性，获取收益递增效应。
High-tech firms can try to lower technological uncertainty, market uncertainty, high competitive volatility and high risks, and achieve increasing return effect by employing market-driving strategy.
在外国对华实施技术性贸易壁垒措施的过程中存在三类博弈，即WTO规则与反倾销收益、多米诺效应与起诉成本、实施与制衡机制。
In the process of making China implement TBT, there are three games: the regulations of WTO and the profit of antidumping, domino effect and suing cost, and implementation and balancing mechanism.
短期财富效应是指证券市场各因素引起股价发生波动而给股东带来的额外收益。
Short term wealth effect is the extra profit brought about by stock prices fluctuation triggered by various security market factors.
现代企业财务中营业杠杆和财务杠杆的作用，均表现为其对收益和风险的放大效应。
The functions of operational lever and financial lever in modern enterprises finance are displayed in the magnifying effect to its returns and risk.
解决问题的有效途径是将知识溢出效应的外部性内在化，通过某种方式将外部收益或成本内含于某种经济关系中。
It is an effective solution of solving problem that making the eternalness of knowledge-spilling effect intrinsic and containing eternal profit or cost in certain economic relation.
经济增长的根本动力在于人力资本的不断增长，人力资本投资收益具有溢出效应。
The foundation driving force of economic growth depends on ceaseless increase of human capital. The investment income of human capital is of spillover effect.
日历效应是指证券市场出现的在某一特定时间进行交易可以获得超额收益率的现象，它的表现形式主要有星期效应和月份效应。
Calendar effects mean that market returns associate with the specific transaction date in stock market, there re two important forms: day of the week effects and month of the year effects.
总得来说，网络金融外部性是在网络金融环境中，私人成本或私人收益在金融活动中向第三方溢出的外部经济效应。
In conclusion, Network Financial Externality is the external economic effect on the tertiary side, which is imposed by the private cost or private income.
第一，水稻农户通过参与粮食专业合作社可以实现水稻生产的规模效应，减少成本投入，增加水稻收益。
First, rice farmers through participation in grain cooperatives can achieve scale rice production, reducing input costs, increasing rice yield.
研究结果基本是一致的：股票市场费雪效应不存在，股票收益与通货膨胀率之间存在负的相关关系。
The conclusions are identical: Fisher Effect does not hold in stock market, and there is negative correlation between stock return and inflation rate.
它所强调的规模收益递增、外溢效应、专业化人力资本积累等，是对传统经济增长理论的重大突破。
Emphasizing on the increasing returns to scale, spillover effect and accumulation of specialized human capital, the endogenous growth theory is a breakthrough in this regard.
原因是人口和资源的空间集聚产生了规模收益递增的效应。
The reason is the spatial concentration of population and resources had the effect of increasing returns to scale.
本文考察了储备需求所增加的铸币收益在货币内生增长模型中的增长效应。
A monetary endogenous growth model is well developed by taking into account the growth-enhancing effects of reserve-augmenting seigniorage.
拥护者对此推崇备至，说这里创造了没有负面效应的经济净收益。
And it is all presented, in the panegyrics of its partisans, as a net economic gain without offsets.
本文从金融控制的正效应和负效应两个角度定量分析了金融控制的收益和损失。
Based on the positive and negative effects of financial control, this paper analyses the loss and profit of financial control quantitatively.
而收益率的季节效应是其中一个重要的异象。
The return seasonal effect is one of the most important anomalies .
基金收益率没有显著的风险溢价效应，没有体现出高风险高回报、低风险低回报的特征。
The return of fund has not obvious risk premium effect and has does not show the characteristic of "high risk, high return".
你每推迟一天，招聘的质量就会有所下降。大多数业务经理都理解收益递减效应的影响，不过在招聘上，他们却认识不到这一点。
Every day you delay, the quality-of-hire ticks down. Most business managers recognize the point of diminishing returns, but they don't tend to recognize that in hiring.
说明：股票动量效应和反转效应的函数。输出利用这两种策略的持有期累计收益。
Stocks Momentum and Contrarian Effects of the function. Output use of these two strategies cumulative gain holding period.
这将对各种资产市场产生负面的溢出效应，包括提高欧洲和新兴市场的收益。
This would have a negative spillover effect on other asset markets, including pushing up yields in Europe and emerging markets.
实证分析显示，混合分数布朗运动可以很好的拟合股票收益的长期依赖性及动量效应。
Empirical analysis shows Brownian-fractional Brownian model can fit the long-term dependence and the momentum effects of stock returns well.
“规模效应”是股票市场上一种重要的异常收益现象，反映了股票收益与公司规模之间的反向关系。
The size effect is an important phenomenon of the market anomalies and reflects the reverse direction between the stock return and the firm size.
“规模效应”是股票市场上一种重要的异常收益现象，反映了股票收益与公司规模之间的反比关系。
The size effect is an important phenomenon of the market anomalies and reflects the reverse direction between the stock return and the firm size.
用五分钟高频数据对我国股市的周末效应进行检验后，发现我国股市在周一的收益波动率最大。
After testing on weekday affect using the high frequency data, it is found that in Monday the return volatility of China stock market is the highest.
用五分钟高频数据对我国股市的周末效应进行检验后，发现我国股市在周一的收益波动率最大。
After testing on weekday affect using the high frequency data, it is found that in Monday the return volatility of China stock market is the highest.
应用推荐