第五,市场换手率对我国股票收益率解释力较弱。
Fifth, the market turnover on the explanatory power of stock returns is weak.
股票收益率的可预测性是资产定价研究中的核心问题。
Forecasting stock yield is the kernel problem in researching asset price-making.
股票收益率和通货膨胀率之间既可以正相关,也可以负相关。
The relationship between stock returns and inflation can be either negative or positive.
尺寸效应的股票收益率:难道这只是一个危险因素没有充分反映的常住风险的措施?
TheSize Effect of Stock Returns: is It Simply a Risk Factor Not AdequatelyReflected by the Usual Risk Measures?
其中股票收益率和收益率波动对交易量的影响主要是通过对预期交易量来起作用的。
We also find that stock market returns and its volatility influence on trading volume mainly by impacting the expected volume.
均值回归理论认为,从长期来看,股票收益率呈均值回归,即长期收益率呈负自相关。
According to the mean reversion theory, in the long term, the yield rate of stock price appears to follow the rule of mean reversion and negative autocorrelation.
但是,股票收益率不仅与贝塔之外的因子有关,而且与贝塔之间的关系也不是线性的。
But there are other factors affecting the return of stock and there is no direct relation between stock return and the Beta.
本文通过对选取变量和股票收益率的实证分析,研究中国市场是否存在信息不确定因素。
My paper USES empirical analysis on chosen variables and stock returns to find if there exists any information uncertainty at China's stock market.
这里的学习模型包括对于估测变量的方差估计,以及股票收益率与这个预测变量的协方差。
The learning model includes the volatility estimation of the predicative variables and the covariance of stock return and this predicative variable.
本文讨论不完全市场中股票收益率不确定时的动态风险度量问题和一个相关的随机对策问题。
We study dynamic measure of risk problem in incomplete market when stock appreciation rates are uncertainty. We also study a related stochastic game problem.
第二部分,从论证股票是否是商品开始,接着论述了央行加息对股票收益率、价格、成交量的影响。
Secondly, with the beginning of whether stock is a kind of commodity, this chapter discusses how the increasing of interest rate effecting the price and quantity of stock.
我是指,你们真的…你们也会怀疑,这里是不是少了点什么,如果股票收益率高出短期债券收益率那么多?
I mean, do you really — you might wonder, aren't people missing something if the excess return is so high of stocks over short-term bonds?
在债券收益率为4- 5%和股票收益率大约最高3%的情况下,大约6%的未来综合收益率就显得不足了。
With bonds yielding 4-5% and equities returning perhaps 3% on top, composite future returns of 6% or so looked inadequate.
标准普尔500股票指数的收益率是3.6%,而一些抗跌公司的股票收益率甚至超过了5%,这在超低利率的时代是非常惹眼的。
The yield on Standard & Poor's 500-stock index is 3.6%, and stocks of many solid companies are yielding 5% or more. That's especially significant given how low interest rates are.
因此,投资者将资金投入股市,如果他们只期望股票收益率,随著时间的推移,将超过债券的回报,一些数额补偿他们为补充的风险,拥有股票。
So investors will put money into stocks only if they expect that stock returns, over time, will outpace bond returns by some amount that compensates them for the added risk of owning stocks.
采用深圳证券市场交易数据对资本资产定价模型进行了横截面检验,研究了股票组合和单支股票收益率与系统风险的关系,并分析了个股风险构成。
The paper has transverse check to CAPM by using data from Shenzhen's securities, studies relations between stock group and single stock and system risk, and analyzes single stock risk construction.
再利用计算机模拟股票价格收益率的分布特征,模型很好的刻画了现实证券市场中股票收益率分布的宽尾现象、长记忆性,以及累积分布中尾部收益的指数递减现象。
We investigate the fluctuation of price process in a stock market with Ising model and the mean field theory, and construct the corresponding random logarithmic price returns process.
换句话说,那些十多年前买入股票的投资者除了股息(其收益率一直很低)之外没有获得任何资本收益。
In other words, investors who bought stocks more than a decade ago have no capital gains to show for it, only dividends (and yields have been low throughout).
我找出股息收益率为2.9%或更高的股票,这也是10年期国债的利率。
I looked for stocks with a dividend yield of 2.9%, the current 10-year Treasury rate, or higher.
据我所知,公司股票这样的收益率,是有能力分红的——而且可能还会提高——一年一年地分下去,符合我有关便宜的定义。
That kind of dividend yield on the shares of a company that I know will be around to pay its dividend -- and probably raise it -- for years and years meets my definition of cheap.
可转换债券,由于在2008年被杠杆对冲基金被迫抛售而大幅下跌,提供了一个很好的收益率组合和准股票权益。
Convertible securities, which were bashed in 2008 in part from forced selling by leveraged hedge funds, offer a nice combination of yield and equity kickers.
利比亚战争和日本海啸使美国国债收益率和资产价格(如股票和非石油商品价格)下跌。
News of the war in Libya and the tsunami in Japan has depressed yields on US Treasury bonds, as well as the prices of assets such as stocks and (non-oil) commodities.
债券具有提供稳定收益的优点,目前的债券收益率非常高;债券和股票相比,其价格波动小;而且对公司资产具有更高的法律索偿权。
Bonds have the merit of providing steady income, at rates that are now very high; they tend to be less volatile than stocks; and they have a higher legal claim on a company's assets.
债券具有提供稳定收益的优点,目前的债券收益率非常高;债券和股票相比,其价格波动小;而且对公司资产具有更高的法律索偿权。
Bonds have the merit of providing steady income, at rates that are now very high; they tend to be less volatile than stocks; and they have a higher legal claim on a company's assets.
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