Study on Theoretical Elasticity and Plasticity Model of the Stock Price Based on Material Distortion Theory
According to the price volume relationship of the stock, with the help of the elasticity and plasticity theory in the physics, some new ideas like stock equilibrium price, share price elasticity, and share price plasticity are put forward. Then elasticity and plasticity model of the stock price are built on account of the relationship between share price and trading volume, and model parameters are tested by a kind of software calling Eviews from econometrics. In the end, we get relatively scientific result.
S. Zhang et al., "Study on Theoretical Elasticity and Plasticity Model of the Stock Price Based on Material Distortion Theory", Applied Mechanics and Materials, Vols. 138-139, pp. 1274-1279, 2012