论文部分内容阅读
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.
The main research method of the distribution of financial assets returns is to first put forward the distribution model and then verify the experiment.The lack of the necessary mechanism analysis and single research means make the theoretical research and applied research to some extent.In order to overcome these shortcomings, In connection with the return of financial assets, the stochastic wave model is constructed periodically according to the rising and falling of the stochastic wave model, and the distribution formula of stochastic wave height and period is derived by using the model. The empirical analysis shows that the stochastic wave model has some applicability. The method of frequency analysis and the conclusions obtained are useful for further theoretical and applied research on the distribution of returns on financial assets and for guiding market participants in short-term and long-term trading.