• 主题
高级搜索  >
历史搜索 清空历史
首页> 外文会议>2011 Fourth International Conference on Business Intelligence and Financial Engineering >Analysis of the Behavior of Fund Investment in China on the Basis of LSV Herding Measure
【24h】

Analysis of the Behavior of Fund Investment in China on the Basis of LSV Herding Measure

机译：基于LSV羊群效应测度的中国基金投资行为分析

获取原文
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

This paper employs the simplified LSV to study the fund investment in China. It has found that, firstly, there are obvious herd behaviors in fund investment in China, secondly, it is not asymmetric when buying stocks and selling stocks, usually the buyer's herd behavior is more significant than the seller's, thirdly, the fund manager mainly predicts his peers' investment decisions in light of the dynamic data in market transactions, and infers new private information from his peers' decisions, fourthly, during the period of rapid adjustment in the market, the "consensus" of fund managers is a crucial factor generating the seller's herd behavior.
机译：本文采用简化的LSV方法研究中国的基金投资。研究发现，首先，中国的基金投资存在明显的从众行为;其次，买卖股票时并不存在不对称现象;通常，买方的从众行为要比卖方的行为更为重要;其次，基金经理主要预测根据市场交易中的动态数据进行同行投资决策，并根据同行的决策推断出新的私人信息。第四，在市场快速调整的时期内，基金经理的“共识”是产生这一重要因素的关键。卖方的从众行为。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号