The Models of Relationship between Price and Trading Volume and Empirical Tests on Stock Price Fluctuation
In the stock investment, behind the fluctuation of stock price there is a pair of invisible hands in activating, which are the trading volume and stock price every day. The power composed by the change of trading volume and price will direct the move of stock price. The article points out the relationship between stock fluctuation and the change of trading volume and price by quantitative analysis for the first time, begins from the cost principle in stock technical analysis. I t is different from the past researches analyzing the relationship of trading volume and price only by qualitative analysis, which uses in domestic and foreign documents, deduces models of the relationship between price and trading volume on stock price rising or down by strict mathematics inference, then carries on empirical tests.
stock investment technical analysis relationship between trading volume and price
Jiao Qing Hui Xiaofeng
College of Administration, Harbin Institute of Techonlogy, Harbin 150001
国际会议
哈尔滨
英文
339-347
2007-01-13(万方平台首次上网日期,不代表论文的发表时间)