摘要
以上证指数为对象,选取1999年至今两段较为明显的上升行情,利用非参数检验在牛市的市场状况下,股指的收益率及风险与周内各天之间是否存在特定的对应关系,发现在最近5年内,上证市场并未出现显著的周末效应,证明了投资者正在逐步趋向成熟和理性。
The research of this article focused on the shanghai stock market index, selected two obvious climbing market from year 1999 to now and took advantage of nonparametric test to verify if there was a specific corresponding relationship between the yield and risk of the stock index and the days in a week under the condition of cow market. The author found that there wasn't obvious weekend effect in shanghai stock market in recent 5 years , as proved that the investor were getting more mature and more rational.
出处
《北京市财贸管理干部学院学报》
2004年第3期26-29,共4页
Journal of Beijing Institute of Finance and Commerce Management
关键词
周末效应
非参数检验
收益率
波动性
weekend effect
nonparametric test
the yield
undulation
