Comparison And Optimization Of Different Volatility Index Funds Of Locking In Profits Strategies From The Dollar-cost Averaging

Locking in profits from index fund in a timely is a commonly adopted investment strategy.However,how to establish the dollar-cost averaging approach take-profit point in actual PE ration has not been fully studied.The current take-profit research on dollarcost averaging approach strategies only tells investors that they should establish their own take-profit strategies,such as target return take-profit approach: establish return rates based on their needs,and take profit when the target return rate is reached;Relative valuation approach: with reference to historical valuation,when the valuation reaches an overvaluation,the full or partial profit is taken.But how to build a target rate of return based on your needs? How to define an overestimated area? Which method is better or are they suitable for different situations? Will the volatility of index funds affect the choice of a take profit strategy? Are there other ways to take profit that can further preserve profits and increase profits?This study aims at the pursuit of the highest yield under long-term investment.Starting from the problems that cannot be solved when choosing a take-profit strategy for an individual's actual investment,this study uses historical data backtesting to compare different dollar-cost averaging approach's stop-profit strategies.The most suitable take-profit strategy of different volatility index fund and the best take-profit point of each take-profit strategy.The research period is from June 4,2010 to November 1,2019,weekly investment,10 representative index funds are selected and divided into two groups with high and low volatility for non-profit making,target return method,relative valuation method,relative valuation fall-off profit method different profit-taking points back-testing,Invest the profit-taking money to the original fund in 156 periods,comparison and analysis different yields from different take-profit points.Research shows:1.Low volatility index funds are more suitable for non-stop profit strategies.2.The target income method and the relative valuation method have little difference between the high and low volatility indexes.The wrong take-profit point will erode the profit.3.Start investment from the middle position of the index(2010.6),the optimal take-profit point of the target return approach of the low volatility index should be at least 90%,and the target take-profit point of the high volatility index should be higher.If the investment entry time is set to a low position,the target rate of return should be higher.4.Relative valuation take profit method depends on the establishment of the percentile interval.Relative valuation method due to the short history of China Stock Market,the percentile recommendation investors for any platform can only refer to and cannot rely on.5.the 10% rate of fallback method of the high and low volatility index is significantly better than the relative valuation method and the target return method,which can provide a new idea for the current take-profit strategy of dollar-cost averaging approach.