Through variance ratio test, we find the Chinese warrant markets do not reach weak form market efficiency, and simple trading rules of technique analysis prove some kind of efficacy.
通过方差比检验,我们发现中国权证市场不具弱有效性,简单交易规则一定程度上能在权证市场中有效预测。
Besides reclassification of weak form efficient market, the text carries on empirical research about efficiency of our securities market.
本文的重点除了对弱势有效进行分类之外,还基于新建立的分析体系对我国证券市场效率进行了实证研究。
Reclassification of weak form efficient market and setting up a new analysis system can make effective and rational research to the poor efficiency of the new developing securities market.
对弱势有效的分类,建立一个新的弱势有效分析体系,能对新兴证券市场的低效率进行有效而合理的评价。
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