很明显,能够做到这一点的人必然了解到,比有效市场假设更深层的东西。
I believe it's clear that it is and that people who do so are people who understand more than the core efficient markets theory.
季刊:您的想法是不是告诉我们关于有效市场假设争论的答案?
The Quarterly: Does your thinking inform the debate over the efficient market hypothesis?
上述反射性及不对称性的作用,应使人们抛弃有效市场假设,彻底反思监管机制。
The role of reflexivity and the asymmetries identified earlier ought to prompt a rejection of the efficient market hypothesis and a thorough reconsideration of the regulatory regime.
事件研究方法是基于有效市场假设的,即股票价格反映所有已知公共信息。
The event study is based on the supposal that the market is effective, that is to say, the stock price reflects all the known public information.
这种动量效应对另一条金融理论――”有效市场假设”――产生了强烈的冲击。
The momentum effect drives a juggernaut through one of the tenets of finance theory, the efficient-market hypothesis.
通过对连续双向拍卖交易收敛到竞争均衡过程的分析,发现了与有效市场假设相悖的结果。
With converging to the competitive equilibrium in continuous double auction, it shows paradox results with efficient market hypothesis.
此简单性在《经济学人》精粹一栏中受到了批评,好像“有效市场假设”只适用于假设的情形。
This simplicity was criticised in the Economist's briefing, as though the EMH applied only to these hypothetical cases.
针对有效市场假设理论(emh)基本假设中关于专业套利者促成市场有效的作用,本文提出置疑。
The paper puts forward doubt about professional buyers who fraudulently purchase interests and promote markets efficient function under EMH.
如今,“存在于FSA以及世界各地证券与银行业监管机构DNA中的‘有效市场假设'受到了根本性冲击”。
Now, he says, there has been "a very fundamental shock to the "efficient markets hypothesis" which has been in the DNA of the FSA and securities and banking regulators around the world.
本文主要就有效市场假设及与有效市场假设有联系的随机游动假设,以及有效市场假设对公司财务的意义作一初步探讨。
This paper makes a preliminary research on the efficient market hypothesis and the random walk hypothesis related as well as its implications for corporate finance.
本文主要是比较了有效市场假设与分形市场假设,也即比较了证券市场的线性与非线性的观点。有效市场假设对应于正态分布,分形市场假设对应于“肥尾”分布。
Compare the efficient markets hypothesis and fractals markets hypothesis, indeed they are the different methods from the point of linear and nonlinear in securities markets.
由于核心的假设是,人类是理性的而市场又是有效的,所以,人们对快乐时光如何维持下去的担忧胜过了对风险的关注。
Since the core assumption was that man is rational and markets are efficient, concern about risk took a back seat to concerns over how to make the good times last.
假设市场完全有效,大卫·斯文森就不可能有现在的成绩。
If markets were perfectly efficient, David Swensen could not have done what he did.
所有这些理论都或多或少以一个假设为基础:即人并不是理性的行为体,市场也不总是有效的。
All are based, to one extent or another, on the idea that people are irrational actors, and that markets aren't always efficient.
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.
最后是结论部分,对有效市场假说的假设的有效性进行探讨。
Finally there is a conclusion and a discussion about the validity of the EMH hypothesis.
传统的汇率理论是构建在有效市场与理性预期假设基础上的,近年来,该理论不断遭受人们的质疑与挑战。
The traditional exchange rate theory basing on the hypotheses of efficient market and rational expectations has in recent years been the victim of people's doubts and challenges.
这个模型不依赖对证券基础价值的假设,也不依赖市场有效性的假设,可以解释针对主流金融学提出的市场无效现象。
This model is independent of the hypothesis of stock elementary value and effective market, and can explain the phenomenon of invalid market proposed by prevailing finance.
在有效市场的前提下,封闭式基金的收益应满足资本资产定价模型(CAPM)的假设,无法获得超额收益。
According to Efficient Markets Hypothesis, investors of closed-end funds can't earn excess risk-adjusted returns which accord with CAPM.
拒绝中国市场弱式有效假设。
Thus, weak-form efficient hypothesis could not be accepted in China.
基于行为金融的市场择时理论放开了有效市场的假设,从投资者的非理性角度研究公司资本结构,为资本结构的研究提供了一个新的视角。
Market timing that based on behavioral finance theory give up the Efficient Market Hypothesis and study the capital structure from the investor point of view of non-rational.
外汇市场 有效性假设(EMH)的线性范式与现实市场状况并不相符。
The linear paradigm of efficient foreign exchange market hypothesis (EMH) does not conform to market realities.
基于行为金融的市场择时理论放开了有效市场的假设,从投资者的非理性角度研究公司资本结构,为资本结构的研究提供了一个新的视角。
This paper inducts the market timing theory, base on the actual status of China's stock market to study the seasoned equity offering of China's listed companies.
基于行为金融的市场择时理论放开了有效市场的假设,从投资者的非理性角度研究公司资本结构,为资本结构的研究提供了一个新的视角。
This paper inducts the market timing theory, base on the actual status of China's stock market to study the seasoned equity offering of China's listed companies.
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