Research on Statistic Characteristics of Fluctuations in China Stock Market

Abstract:

It is well known that the psychology of market participants have important influences on stock market price trend, but information on this level is far from detail for market participants. When facing different stocks to determine their investment configurations, market participants join the irrational behavior on considerations of stock market price trend; will surely help him choose to invest better or more effective risk management. As the start of a new exploratory study, the paper based on statistic regression model as the main tools, selected several plates with significant fundamental differences in Chinese security market as research object, concentrates on exploration the effect of p/e ratio and fluidity indexes on market participants psychology, at the same time inspects if these effects exist plate differences. The method is also applicable to other fundamental factors.

• Periodical: Advanced Materials Research (Volumes 433-440)
• Pages: 5975-5979
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.433-440.5975
• Online since: January 2012
• Authors: Jing Rong Li, Chun Juan Fu
• Keywords: Finance, Plate Difference, Price Fluctuation

References

[1] A. F. Burke, The Analysis of Volatility Co-movement Relationship between Chinese Stock Market and American Stock Market , SAE Paper, No. 92-04-47.

[2] Peng Dong, The Behavior Patterns of Participants in the Stock Market and Market Fluctuation, A Dissertation Submitted to Shanghai Jiao Tong University for Degree of Doctor of Philosophy, April, (2007).

[3] Xiaoling He, Jeffrey W. Hodgson, "Research on the Relationship between Credit scale and Capital Market Fluctuation, IEEE Transactions on Intelligent Transportation Systems, Vol. 3, No. 4, Dec. 2002, pp.244-251.

[4] Curodeau A, Marceau LF, Richard M, Lessard J, Stock price fluctuations and trend analysis , Journal of Materials Processing Technology, Vol. 159, January 2005, p.17–26.

[5] Schulze HP, Herms R, Juhr H, Schaetzing W, Wollenberg G, Study on Asymmetric Volatility of China Stock Market, Journal of Materials Processing Technology, Vol. 149, June 2004, p.316–322.

DOI: 10.1016/j.jmatprotec.2004.02.016

[6] Ren Fujun, Huang Dechen, Wang Dianjun, Empirical Study on Liquidity and Volatility in Chinese Stock Market, Journal of Materials Processing Technology, Vol. 149, June 2004, p.323–327.

[7] Murali M, Yeo SH, A Positive Analysis of the Abnormal Fluctuation of Single Stock Price in China' s Stock Market, Biomedical Microdevices, Vol. 6, March 2004, p.41–45.

[6] D. K. Kwon, M. Y. Shen, C. -C. J. Kuo, Rate control for H. 264 video with enhanced rate and distortion models, IEEE Trans. Circuits . Syst. Video Techonol. vol. 17, no. 5, pp.517-529, (2007).

DOI: 10.1109/tcsvt.2007.894053

[8] H. Phuc, P. Raksincharoensak, Masao Nagai, and Masahiro Suzuki, Empirical analysis of volatility in Chinese Stock Market, SICE-ICASE International Joint Conference, Busan, Korea, Oct., (2006).

DOI: 10.1109/sice.2006.315546

[9] F. Burke, Factor analysis for stock price fluctuation in shanghai stock market, SAE Paper, No. 92-04-47.

[10] Schroeder, T.; Goddard, S.; Ramamurthy, B.; Research on China's Stock Market Fluctuation, Network, IEEE Volume 14, Issue 3, May-June 2000 Page(s): 38 - 45.