The Analysis On The Relationship Between The Price Of Stock Market And The Price Of Future Market

Stock market and futures market are important components of a financial market. The price in the futures market finds the function can reflect the expectancy of the economic tendency of the future of market, and the stock market is "The economic barometer ",can fully reflect the economic basic side. So study the inner link between two markets, and find the conduction mechanism between two markets, help, understand the intersection of market and change of basic side and make for macro adjustments and controls of country dynamically "The indicator " function,pass to influencing moreover two piece market analysis of factors common, we can get rid of the influence of these factors in research afterwards to be be absorbed in market further, also offered reference for investors’ investment.This text, through analyzing in influencing general factor, special factor, and relevance of futures market and stock market of futures and stock, and then examine analysis and market of real example for the target with copper and copper industry of Jiangxi Company, obtain different the intersection of influence factor and futures and the intersection of stock and influence degree and influence factor these of market price in copper, transmit size of lag time nature to get market, thus turn influence factor into the indexes of three different grades:First class index-factor of politics and military affairs, interest rate, inflation rate, economic cycle; Second index-macroscopical economic situation (GDP), price change; Tertiary index-exchange rate, culture, natural factor. Secondly pass the stock of copper, verification of futures and company conduction mechanism of stock price of the copper industry of Jiangxi, it was two-way that stock and price of the futures that can get copper were conducted, the spot price has determined the stock price with the price of the futures together.