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 prolonged downward trend in market prices represented by the image of a bear.
熊市以熊的轮廓来代表的股价上升趋势。
Bear market: A prolonged period of falling prices.
熊市,空头市场: 长期跌价期间的证券市
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
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
e.g. if the market is thought to be poor and prices on the Stock Exchange are thought to be likely to fall, the market is called to be a bear market.
市场疲软，股价看跌，这种股市被称为熊市。
Study of Excess Return Volatility of Closed-end Fund in a Bear Market;
熊市环境中封闭式基金过度波动研究
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
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
The bear market that began for the Dow in January 2000 is now the third longest since World War II.
2000年1月道指开始的熊市现在已成为第二次世界大战以来持续时间之长位居第三的熊市。
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
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
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
Bears, bears, everywhere!
熊，熊，到处都有熊！
Two New Records of Echiniscus from Chongqing City
重庆市棘影熊虫属两个新记录种记述