应用GARCH模型对我国股票波动率进行应用预测分析，结果表明模型对波动率进行了很好的预测。
The paper applies GARCH model to forecast stock volatility in Chinese stock markets. The conclusion reveals that the model predicts well.
大多数对风险的测量，例如股票市场波动或者公司和上升市场债券的收益率差（超额收益），都显示它很低。
Most measures of risk, such as stockmarket volatility or the spread (extra yield) on corporate and emerging-market bonds are low.
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.
如今，失业率仍高居不下，住宅和股票市场波动不止，这些美国人慢慢发现细节真的决定成败。
Today, with unemployment stubbornly high and the stock and housing markets wobbly, these folks are finding that the devil is in the details you ignore.
在考虑一个带有股票和债券的金融市场后，本文提出了一个具随机波动率的股票价格的随机微分方程模型。
Considering a financial market with risky stocks and riskless bond, we describe the stochastic model of stock prices with stochastic volatility.
股票价格的波动率是股票衍生品价格的决定性因素。
The volatility of stock price is a decisive factor in derivatives pricing.
股票价格的频繁波动是股票市场最明显的特征之一，自回归条件异方差类模型可以很好地预测金融资产收益率的方差。
Frequent volatility is a feature of stock market. Autoregressive Conditional Heteroscedasticity (ARCH) model is often used to forecast the variance of the benefit of financial capitals.
这篇论文目的是考察在中国股票市场中，股票市场收益率的条件波动率与宏观经济变量的条件波动率之间的相关程度。
The paper examines the extent to which the conditional volatility of stock market returns in Chinese stock markets is related to the conditional volatility of financial and business cycle variables.
通过研究股票实际收益率与通货膨胀波动性之间的关系，可以判断股票市场波动和宏观经济运行之间的联系。
By studying the relationship between stock real returns and inflation, we could find the correlation between stock market volatility and macroeconomic conditions.
第二部分介绍国内外学者对于股票市场收益率波动不对称性的相关研究。
Second part introduces the relevant research on asymmetric volatility of stock market conducted by domestic and international scholar.
当股票或商品整体波动处于平衡状态时，其价格将保持恒定波动率（即价格形成趋势）。
When the overall vibration of a stock or commodity is in balance, its price will maintain a constant rate of vibration (i. e. prices will form a trend).
研究标的股票收益与波动率相关下的备兑权证定价。
Studies the pricing of covered warrants on correlation between returns and volatility.
运用波动率和GARCH模型两个工具，结合所获得数据的具体情况对日本和台湾进行实证分析，分析股指期货推出前后股票现货市场的波动情况。
By the tools, volatility and GARCH model, this chapter chooses the stock market of Taiwan and Japan as the study objects to test the effect of introducing stock index futures.
介绍了股票指数波动率的概念和基本的估计方法，并用有关数据进行了计算。
In this paper, the concept and the estimation method of index volatility are introduced.
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.
我们研究发现透明度提高使市场中大部分的股票价格波动率有了显著的上升。
The empirical results show that the volatility has increased significantly after the change in market transparency.
利用中国股市数据进行的实证结果表明，与单测度指标的随机波动率模型相比，基于两个测度指标的随机波动率模型能更好地描述股票市场波动率和市场波动风险。
Empirical results on Chinese stock market indicate that stochastic volatility model based on the two index outperforms those based on one index in capturing volatility character and market risk.
近期有学者开始关注个股间相关性和个股的特质波动性是否对股票截面收益率有影响。
Recently, some scholars began to pay attention to the correlation risk between individual stocks and the idiosyncratic volatilities of individual stocks.
股票特质波动率是公司特质风险的度量指标。
Idiosyncratic volatility is the measure of firm-specific risk.
并且在诸如股票、利率、股指期货等标的资产的交易市场中，人们往往希望知道标的资产未来价格的波动率，从而知道该资产的未来风险结构。
The volatility of the future prices of the underlying assets which can be stocks, interest, futures and so on, is a wonder. When one knows the volatility, risk structure of those assets is in hand.
决定市场趋势，是由于我对每个个股的特点和不同的股票的正确波动率的认识。
The power to determine the trend of the market is due to my knowledge of the characteristics of each individual stock and a certain grouping of different stocks under their proper rates of vibration.
本文选取了九类行业指数的日收益率作为主要研究对象，运用GARCH族模型来对我国股票市场行业指数波动特性进行研究。
This article has been selected nine categories of the industry stock index's return rate as the main subjects, using GARCH models to analysis the index's volatilITy of characteristics.
传统的价量分析都是从低频数据来分析股票市场上波动率、收益率与成交量之间的关系。
The traditional methods to measure the relationships among return, volatility and trading volume are base on the low-frequency data.
通过对股票收益率进行逐步回归和相关性分析，实证结果表明EVA指标能较好地解释股价波动和衡量公司业绩。
According to the stepwise regression to stock return rate and the correlated analysis, it is proved that the Eva index can well explain the volatility of stock price and evaluate...
对上海和深圳市场股价指数及其月度超额收益率的分析表明，我国股票市场的波动性较大；
The author analyzes the indexes of stock price and their monthly excessive return rate in Shanghai and Shenzhen Market. Relative high volatility exists in China's security market.
对上海和深圳市场股价指数及其月度超额收益率的分析表明，我国股票市场的波动性较大；
The author analyzes the indexes of stock price and their monthly excessive return rate in Shanghai and Shenzhen Market. Relative high volatility exists in China's security market.
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