股票拥有更大的价值增长空间，但是他们受到市场波动的影响。
Stocks have much greater potential to increase in value but they are also more subject to market fluctuations.
第二，如今新兴市场股票的波动性较十年前已经大大降低。
Second, emerging market stocks are far less volatile than they were just a decade ago.
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.
合并套利基金比其它类型的基金较少暴露于波动的股票市场，并因此受益。
Merger-arbitrage funds benefit from lower exposure to volatile equity markets than many of their peers.
股评家利用对近来股票市场历史记录的认识来解释引起股价波动的原因，提出精彩的见解。
The commentators who explain what caused share-price movements use their knowledge of recent stockmarket history to come up with good stories.
这是因为公司不断的成长增值，而长期的股票市场可以化解掉短时间内的价格波动。
This is because companies continue to increase in value and any short term fluctuations in the stock market are smoothed out over time.
那些影响(通过蔓延)并没有在显而易见的银行崩溃、股票市场波动，或抵押贷款失败中反应出来。
Those effects [from contagion] are not reflected in highly visible bank collapses, fluctuating share prices or mortgage failures.
高波动性通常是市场存在不确定性的迹象，而不确定性总是会促使投资者抛售股票，因此波动指数处在高位一般是股市的凶召。
High volatility is often a sign of market uncertainty, and uncertainty usually inspires people to sell stocks, so high VIX readings are usually bad omens for the market.
市场也是这么做的：他们使股票市场波动。
事实上，苹果公司的相对优势部分是由于原油价格的下跌，这已经重挫了埃克森公司的股价，再有就是本周席卷股票市场的骤然波动。
True, Apple’s relative success is partly due to a dip in the oil price, which has pummeled Exxon’s shares, and to the volatility that swept through stockmarkets this week.
由于欧洲市场充满了对全球经济急剧放缓的担忧，欧洲所有主要股票交易市场都出现波动。
Fears of a sharp global economic slowdown gripped European markets, with all the major trading centers showing volatility.
你可以看到，股票市场波动性大于其收益，每股价格往往是，每股收益的几倍之多。
You can see that the stock market has been more volatile than the earnings and the price of a share is many times higher than the earnings per share.
股票市场的波动本来就是经济学中领先指标的基本要素。
Stockmarket movements are a standard component of economic lead indicators.
然而在去年震荡波动的股票市场内，投资银行的手续费飙升，甚至超过了3%，且回落缓慢。
In last year's jumpy markets, however, Banks' fees rose to 3% or more and have been slow to fall back. Sub-underwriters moan that their share of the spoils did not rise, too.
但是对于股票市场,无论是考虑电视还是聚会交谈哪个指标,它几乎都没能引起泡沫测量仪指针的波动.个人投资者们还在从2000-2002年的创伤中恢复。
But the stockmarket is barely causing a bubble-meter twitch in either TV or party conversation; retail investors are still recovering from the trauma of 2000-02.
商业银行直接或间接地参与股票市场，就会因股票价格的波动影响银行资产质量进而影响银行资产负债表和银行稳定。
When commercial Banks get involved in stock market directly or indirectly, the fluctuation of stock price will affect their assets' quality and consequently their balance sheet and stability.
他们实在没有多少备选，股票市场的波动是他们可使用的、最后可采用的伪装之一，以显示他们似乎在掌控。
They have few alternatives left, and a public show of stock fluctuations is one of the last graspable charades they can use to seem in control.
采用这种方式，股票市场的波动对我们毫无意义，只不过有时能提供买入的机会，但是业务表现对我们极为重要。
With this approach, stock market fluctuations are of little importance to us - except as they may provide buying opportunities - but business performance is of major importance.
东南亚金融股票市场最近出现的波动，粉碎了亚太区内许多人的希望。
The recent turmoil in Southeast Asian financial and stock markets has come as a blow to many hopes in the region.
中国股票市场异常波动的本质原因在于制度控制缺陷。
The essential reason of abnormal fluctuations in Chinas market lies in the system control flaw.
股利政策是公司重大财务决策之一，上市公司的股利分配方案公布会引起二级市场股票价格的波动。
The dividend policy is one of company significant finance decision-making and the announcement of listed company's dividend distribution plan will cause stock price undulating in second market.
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.
本文主要研究基于长记忆性的中国股票市场波动性的实证分析。股票市场充满不确定性。
This paper is an empirical study on the volatility of stock market in china-based on the long-term memory theory.
股票市场是充满不确定性的要素市场，信息、资本的快速流动使股票市场价格不断发生变化，从而导致股票市场波动。
The stock market is a factor market full of uncertainty where the rapid flow of information and capital leads to frequent price changes which in turn results in market fluctuation.
波动性是股票市场的一大显著特征。
Volatility is one of the common characteristics in the stock markets.
价格波动性是股票市场与生俱来的特性，也是股票市场存在并正常运行的前提条件。
Price fluctuation is a feature of the stock market and it is also a premise for the stock market to go forward smoothly.
然而证券市场中存在的股票溢价之谜、股价的过度波动等实证研究对其形成了极大的挑战，并且，其理论基础也存在诸多的缺陷。
However empirical researches such as the riddle of equity premium and the acute fluctuation of stock price bring great challenge to it, and there are many defects on its fundamental theory, too.
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.
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.
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