Research On Correlation Between Financial Information And Stock Price Of Agricultural Listed Companies

The scale of today's agricultural listed companies is extremely inconsistent with its status in the national economy.The situation of agricultural listed companies relying on state funds is more common and investors are less concerned,which leads to the low efficiency of the financing of the agricultural listed companies and the low market value of the company.If agricultural companies want to enhance their competitiveness in the capital market and achieve long-term sustainable development goals,they must broaden their financing channels in the capital market.But only for investors to provide effective information of listed companies so that they can accurately predict the stock price trend of listed companies,investors will increase their attention to listed companies and the amount of investment.Among these information,financial indicators are important information for predicting the stock price trend of listed companies.Therefore,it is a hot topic for investors and academics to dig out the internal relationship between the financial information and the stock price,and provide support for the investors to predict the stock price trend of the listed companies.Therefore,with the development of China's capital market,scholars have shifted their attention to the research of financial information and stock price correlation in agricultural listed companies.This research mainly starts from the following contents: first,it expounds the background and significance of the paper,and explains the research methods and the framework of the paper.Secondly,it summarizes and summarizes the literature of the research on the correlation between financial information and stock price of listed companies at home and abroad,and provides the theoretical basis for the construction of the later empirical model;third.The special situation of the city company is analyzed,and the financial indicators are divided into five aspects of the ability index,from the theoretical point of view of their impact on the stock price of the listed agricultural companies.Fourth,based on the data obtained,the correlation between the financial index and the stock price of the listed agricultural companies is empirically analyzed.Finally,according to the actual situation,The results of the certification put forward targeted suggestions for agricultural listed companies,investors and relevant regulatory authorities.Based on the annual reports obtained by the agricultural listed companies in the Ifind database and the huge tide information network,the financial indexes of the listed companies from 2013 to 2016 and the average price of the stock recovery between 2014 and 2017 from April 30 th to June 30 th each year are used as the basic data,and the use of SPSS17.0 and stata12.0 software is used.Descriptive statistical analysis and correlation analysis are used to analyze the variables,and the multiple linear regression analysis of financial indicators and stock prices is carried out by stepwise regression.The conclusion is that the first is that the financial data of the listed agricultural companies have a significant correlation with the stock price in the situation that the stock market does not fluctuate greatly.It shows an upward trend year by year,which shows that the correlation between financial data and stock price of agricultural listed companies is increasing.The two is that the index of the regression equation is mainly the financial index to measure the profitability of the listed companies,and the second is the management ability and the index of the development ability.It shows that the investors in our country are still lack of rational judgment.Finally,based on the conclusions,we put forward some suggestions for the development of China's agricultural listed companies,investors who invest in the stock market and relevant departments.