Standing on the new viewpoint of fractional integration, KPSS test and LW test can find long memory of return and its volatility in Chinese stock market.
从分整特性的新视角,利用KPSS检验和LW检验对我国股市收益及其波动的记忆性特征进行了深入研究。
No fractional shares of Party b's capital stock will be issued upon conversion of the Loan.
在转化贷款期间乙方的任何零星股份都不得发行。
Empirical analysis shows Brownian-fractional Brownian model can fit the long-term dependence and the momentum effects of stock returns well.
实证分析显示,混合分数布朗运动可以很好的拟合股票收益的长期依赖性及动量效应。
应用推荐