A Comprehensive Evaluation Model Of Stocks Based On VaR

This article first makes an analysis on traditional financial analyzing models and points out their defects. The traditional financial analyzing models have the same character that they select some indexes from the financial repots of companies. Actually, these models can catch some aspects of a company, but they neglect the information about the stock price, which is of most importance to investors. To make an object analysis of companies , a new model must include some index on the information about stock price.On the basis of traditional financial analyzing models, this article innovatively incorporates value-at-risk index (VaR) into a new analyzing model. By applying the model on analyzing fifteen companies of Shenzhen Stock Exchange, we find that the new model can make a more efficiency analysis than the traditional models can.