It also shows that Shenzhen stock market almost conform to APT model.
同时也表明深圳股市基本上符合套利定价模型。
This paper samples 486 companies in Shanghai stock market with the testing of the APT model on the availability in China security market.
文章以上海股票市场486家上市公司的数据为样本,对套利定价模型在我国证券市场的有效性进行了检验。
In addition, the deduction of this model is supported by empirical test which in classical CAPM and APT models, stocks with less will present more significant momentum effect.
另外,实证分析支持了传统的CAPM和APT定价模型中的带越小,动量效应越显著的结论。
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