上海股票市场收益的随机波浪模型

对金融资产收益分布状况的主要研究方法是先提出分布模型,然后进行实验验证;因缺乏必要的机理分析和研究手段单一,使其理论研究和应用研究都受到一定的制约.为克服这些不足,将金融资产收益联系起来看,根据其涨跌周期性构建出随机波浪模型,并利用模型导出随机波浪波高和周期的分布公式.通过实证分析,证明随机波浪模型具有一定的适用性;所用的时频分析方法以及所得结论有益于对金融资产收益分布状况进行更深入的理论和应用研究,也有益于指导市场参与者进行短期和长期交易.

Random Wave of Returns in Shanghai Stock Market

Research on the distribution of financial assets is to present the distribution model,and then carry out the experiments;solely due to lack of necessary means of mechanism analysis and research,so that theory and applied research are subject to certain constraints.In order to overcome these deficiencies,financial assets linked to construct random wave model in accordance with its ups and downs periodic,and use the model to derive the distribution formula of wave height and period respectively;through empirical analysis,to prove that the random wave model has some applicability.Used time-frequency analysis methods and conclusions to benefit more in-depth theoretical and applied research on the distribution of financial assets,also help to guide market participants for short-term and long-term transactions.