股市换手
股市换手
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中国股市换手率与盈余&回报相关性研究
Study on the Correlation between Turnover Rate and Earnings-Return in China 's Stock Market
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我国股市换手率存在规模效应,即流通股本对过度交易程度有影响,不存在月份效应;
There is scale effect , without time effect of turnover rate in Chinese stock market .
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证券市场对我国经济的发展起着十分重要的作用,而我国股市换手率过高,股指波幅过大,股市投资的非理性程度严重。
Securities market has very important effect on the development of our economy , however , in Chinese stock market , the turnover rate is too high , the range is too large , and the degree of irrational investment is serious .
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流动性与资产定价:基于我国股市资产换手率与预期收益的实证研究
Liquidity and Asset Pricing : An Empirical Exploration of Turnover and Expected Returns on Chinese Stock Markets