On Statistical Methods Applied To A Number Of Issues Of Securities Analysis Study

ABSTRACT In the last few years, securities business developed rapidly in China and has developed into a main part of national economy. Correspondingly, it is a trend to conduct research on its operation and development in China. On the basis of statistics, this paper probes into quantitative analysis of negotiable securities analysis. The whole paper is divided into four chapters, Chapter two to Chapter four being the main body of discourse. The first chapter introduces the development of securities business in China, the effect of statistics on securities investment analysis and the status quo of negotiable securities statistics in China. Thus it is concluded that statistic methods have been applied to some extent in the field of stock investment, but further research is still needed. Efficient market, an important index of market maturation, is a basic issue of securities business research. Under the premise of efficient market, the praxis price of stock can fully reflect the basic factors of companies which have came into the market. Accordingly, it signals the reasonable flow of resources exact quotation thus achieves marketable collocate efficiency. Chapter two touches upon the validity of securities business in China since 1992 and the major factors affecting it. The first section studies the validity of securities business by means of runs test and auto-correlation test. To carry out demonstration analysis to find the common factor affecting securities business in China, the second part deals with the correlation between fluctuation of securities business and diversified economic index by means of correlation analysis and factor analysis. The first section of Chapter three employs main eigenvector method and cycle analysis to discuss industry harmony and industry alteration. The second section tries cluster analysis and discrimination analysis to carry out classification of companies. Chapter four dwells upon the choice of stock via index analysis. Firstly, it introduces the classification and application of index analysis. Secondly, it discusses synthetically appraise of stock index through entropy method. 2 The last part is textual conclusion. In a word, through analysis of the above methods, the research indicates that both the above train of thought and the above technical means are feasible. Meanwhile, the paper looks forward to the prospects of statistics applied to negotiable securities analysis. Ke Rong (Industrial economics) Directed by Prof Xiao Zhaoyuan...