Analysis Based On Fund Flows Of Short-term Stock Investment Decisions

Three decades of reform and opening, China has made remarkable economic achievements made only in 2009 China's GDP reached 33.5353 trillion RMB. With the rapid economic development, people's living standards improve, more and more people accumulate wealth, according to National Bureau of Statistics 2009 National Economic and Social Development Statistics show the disclosure of RMB savings deposits of urban and rural residents was 26.0772 trillion RMB. Way as a single investment of domestic residents, the majority of the residents to invest attention to the rapid development of China's securities market. According to China Securities Regulatory Commission in December 2009 statistics report, China's stock market, the stock has reached 1.203769 million households effectively account. However, in recent years with the sharp ups and downs of China's stock market index, individual investors did not obtain the expected return from stock market, once again proved China's stock market a well-known proverb "seven losses, two flat, one win.". Traditional fundamental analysis and technical analysis, questioned by more and more challenges, some investors turned their attention to access to inside information; but the result is that the game with institutional investors defeated. This paper studies the principle of the short-term fluctuations in stock price changes are determined by supply and demand, and with the empirical analysis, confirmed the decision of institutional money on the stock price effect. At the same time using the statistical software SPSS to validate the effect of Shanghai and Shenzhen stock index, sector index and individual stock movements from the main fund. And this paper summary capital-flows analysis the issue of applicability in practice.This content is divided into the following sections:The first part is an introduction, describes the background and significance of topics, research methods and innovation. Second part is the brief introduction to China's stock market. The third part is the traditional fundamental analysis, technical analysis and the application of issues. The fourth part is the basic content of Capital-flow Analysis. The fifth part is the basic premise of the analysis of Capital-flow Analysis. Part VI of the regression analysis of capital flows, empirical analysis; Part VII of the flow of funds analysis of the applicability of the practical application; the eighth part of the conclusion.