Excess volatility tests are used to examine if there is an excess return volatility of closed-end fund in a bear market.
利用过度波动检验,研究中国封闭式基金在熊市环境中是否存在过度波动。
We find that in the whole sample the day- of- the- week effect is not significant, but under the sub- samples called bear market and bull market, the day- of- the- week effect is severely significant.
本文基于我国股票市场中一波最长的熊市和牛市行情,运用GARCH模型研究不同行情下的星期效应。
Using Shanghai Stock Exchange as an example,the paper investigates the asymmetric reactions d stock market returns and volatility to"good"and"bad"news during bull and bear phases.
正收益则具有一定持续性;熊市阶段正负收益均呈反转趋势,其中正收益反转趋势更明显;牛、熊市阶段股市对"坏消息"都反应过度,牛市阶段市场对"好消息"反应不足,熊市阶段市场对"好消息"比对"坏消息"的过度反应更明显。
This paper examines whether there are some different performance between bull market and bear market for open-end funds in China by empirical approaches with Treynor Index, Sharp Index, Jensen Index, and T-M and H-M models, which are usually utilized in the previous studies.
本文应用国外基金绩效评价指标和方法,包括Treynor指数,Sharp指数,Jensen指数和基金经理的择时-选股能力衡量方法,即T-M模型,H-M模型,采用实证研究方法分别对我国开放式股票型证券投资基金在股票市场熊市与牛市期间的绩效进行了分析。
A Study on Differences of Performance between Bull Market and Bear Market for Open-end Funds in China;
牛市与熊市期间我国开放式股票型基金的绩效评价
Study on Differences of Investment Risk between Bear Market and Bull Market for Securities Investment Fund in China;
我国证券投资基金熊市与牛市的投资风险研究
Analysis of Price-volume Relation in China s Bull Market and Bear Market;
中国股市熊市、牛市的量价关系分析
The Relationship of Information Transmission between China's Stock Market and Foreign Exchange Marker--On the Comparison study for the Characteristics of "the Bull Market" and "the Bear Market"
中国汇市与股市的信息传递关系——基于股市“牛熊”特征的比较研究
A Study on the Pricing of Square-root Reset Options;
重设型牛市买权(熊市卖权)的定价研究
Pricing of Generalized Reset Options;
广义重设型牛市买权(熊市卖权)的定价研究
Correlation Analysis of Close-End Funds Stock Ownerships in Bull Market and Bear Market;
封闭式基金在牛市和熊市期间持股相关性研究
The Asymmetry Information Effect on Bull and Bear Stock Markets;
“牛市”和“熊市”对信息的不平衡性反应研究
An Empirical Research on Stock Markets Momentum Effect in Bull and Bear Markets;
基于牛市和熊市不同周期的股票市场动量效应研究
Overreaction in China Stock Market: Empirical Study in the Whole Bull and Bear Period;
中国股票市场过度反应行为:完整牛市和熊市周期中的实证
Economics Analysis of "Shorter Bull Market,Longer Bear Market"about China Security Market;
我国证券市场“牛短熊长”现象的经济学分析
Remember that a bear market will give up in one month what a bull market has taken3 months to build.
记住，一个月的熊市能让你失去在三个月的牛市中所得到的。
Influence of Monetary Policy on Stock Market in China:Quantitative Research Based on Bull and Bear Market;
我国货币政策对股市的影响:基于牛熊市的计量研究
The Effects of Broad Money Supply M2 to the Stock Market--Demonstration of the Bull and Bear Market
广义货币供应量M2对股市的影响——基于牛熊市的实证分析
An Empirical Analysis of the stock Price-Volume Relationship--Comparative Analysis Among Bull Market、Bear Market and Concussive Market of Shanghai Stock Market;
我国股票市场量价关系的实证研究——基于牛市、熊市和盘整市不同情况下的比较分析
However, as the boorish market became bearish a month ago, the hot money has kept flowing back into the banks.
一个月前牛市转熊，大量热钱便源源不断地回流到了银行。
Dissimilation of day-of-week effects between bull and bear markets-An empirical research in Chinese stock market;
周内效应在牛市、熊市中的异化现象——关于中国证券市场的一个实证研究
and the cow and the bear will be friends while their young ones are sleeping together.
牛必与熊同食。牛犊必与小熊同卧。狮子必吃草与牛一样。