efficient market theory 中文意思是什麼

efficient market theory 解釋
有效市場理論
  • efficient : adj. 1. 有效的，有力的；效率高的。2. 有實力的；有能力的，有本領的；能勝任的。adv. -ly
  • market : n 1 （尤指牲畜和食品的）集市；市場；菜市，菜場。2 需要，銷路；推銷地區。3 市價；行情，市面，市況...
  • theory : n. 1. 理論，學理，原理。2. 學說，論說 （opp. hypothesis）。3. 推測，揣度。4. 〈口語〉見解，意見。
  1. The thesis, somehow, is a summary, which expounds the main contents of traditional portfolio theory ( tpt ) and mpt, also gives a comparison between tpt and mpt ; analyses two aspects of markowitz theory, one is the effects of risk disperses and the demonstration, the other is how to make an optimal portfolio strategy ; researches into capital assets pricing model ( capm ), factor model ( fm ) and arbitrage pricing theory ( apt ) respectively in three parts ; studies another two parts, one is the premise of mpt, which is the efficient market hypothesis ( emh ), the other analyses the behavior finance theory ( bft ) produced in the background of challenging and querying to emt and capm. the thesis finally discusses the researching and applying prospects of mpt in china

    論文對現代資產組合理論與傳統資產組合理論分別進行了分析，並對兩者進行了比較研究，對馬克維茨的均值? ?方差理論從資產組合風險分散效應和最優資產組合選擇兩方面進行了重點分析，對資本資產定價模型、因素模型、套利定價理論進行了一定深度的分析和研究，對現代資產組合理論的前提假設? ?有效市場理論及在對有效市場理論和資本資產定價模型形成挑戰和質疑背景下提出的行為金融理論進行了論述，論文最後分析了現代資產組合理論在我國的研究及其應用的廣闊前景。
  2. In this paper, the newest empirical test of efficient market hypothesis ( emh ) was done in terms of the empirical test of capital asset pricing model ( capm ). because of the logical relationship between emh and capm, we tried to use a new method to find whether the emh theory is available in china ' s stock market. we did our research on the basis of emh ( efficient market hypothesis )

    本文從資本資產定價模型出發，首先回顧了有效市場假說的理論以及國內學者在這一領域中的研究成果，其次用實證研究的方法檢驗了該模型在中國的適用性，得到的結論認為在目前階段中國股票市場還不適合用資本資產定價模型來確定資產價格，最後對中國股票市場效率不足的原因進行分析並提出政策性建議。
  3. First, in the article, the author analyses the three backgrounds of human capital financial theory - human capital theory, existed financial management theory, the differentice of two rights ' disattachment, and puts forward three postulates of human capital finance theories, there are ratipnal financing principal postulate, continuing postulate, multilateral efficient market postulate. on the basis, the author puts forward human capital owners " financial theory and human capital operators " financial theory, making use of existed financial theories

    在本文中，首先分析了人力資本財務論產生的三大背景：人力資本產生的理論基礎、現有的財務學理論基礎、兩權分離環境的變化，提出了人力資本財務的三大假設：理性理財主體假設、持續經營假設、多維有效市場假設，在此基礎上，借鑒現有的財務理論基礎，提出了人力資本所有者財務論和人力資本經營者財務論。
  4. Until now, efficient market theory ( emt ) of securities market has the biggest influence on the working rules of capital market in western academia

    證券市場效率理論是目前西方學術界在資本市場運動規律方面影響最大，也是證券市場研究的基本問題之一。
  5. Many stock market anomalies have emerged vastly in the stock market, and shaken the basis of classical efficient market theory radically, but modem financial theory cannot irrationally interpret them. to these anomalies, the new theory - - behavioral finance, combined human psychology and behavior into the framework, can give us some more convincing explanations than before from a totally different perspective

    現代金融理論對證券市場出現的許多與有效市場理論相悖的市場異象難以作出合理的解釋，而利用基於部分理性的行為金融學則通過心理學與人類行為學等研究，對這些市場異象作出與以往不同的新角度的詮釋，充分考慮了市場參與者的心理因素，為人們理解金融市場提供了新的視角。
  6. In the part of investment and corporate finance theory, through analyzing the theory of time value of money, efficient market theory, capm model, option - pricing model, the concrete theory basis of the application of appraisal method

    在投資與財務理論部分，通過對貨幣時間價值理論、市場有效理論、資本資產定價理論、期權定價理論的介紹闡明了高新技術企業價值評估方法運用的具體理論基礎。
  7. Ln the market descibed by efficient market theory the market price has reflects the risk of the corporation. so we can measure the risk of corporation and evaluate the corporation according to capm

    在有效市場理論所描述的市場形態中企業風險已經充分反映在其市場價格中，我們可以輕松的採用資本資產定價模型進行企業風險衡量並確定特定企業的風險報酬。
  8. If the efficient market theory is correct, technical analysis should not work at all ; the prevailing market price should reflect all information, including past price movements

    如果效率市場理論是正確的，技術分析應該根本不會奏效；主要的市場價應該反映所有信息，包括過去的價格浮動。
  9. The paper starts from the historical background and the present situation of the split of shares, and discusses the irrationality of the existence of this phenomenon, according to property right theory, efficient market theory ( emt ), and cost - benefit theory

    本文從我國股票市場股權分置現象產生的歷史背景及現狀出發，依據產權理論、有效市場理論及成本效益理論，論述了股權分置現象存在的不合理性。
  10. Efficient market theory provides theoretical framework for research on capital market

    摘要有效市場理論為研究資本市場提供了理論框架。
  11. 3 owing to the theoretical foundations on efficient market theory, capm and apt are not robust in fractal markets

    3 、 capm和apt的理論基礎是有效市場理論，而在分形市場中，二者很難適用。
  12. Finally, the article discusses the existence of efficient market and integrally grasps the true connotation of efficient market theory

    而後論述了有效市場的存在性。從而在整體上把握了有效市場理論的真實內涵。
  13. The author pointed out the kernel contend of the mechanism was composed of the followed factors such as, efficient market theory, relation between stock value and stock price, supply and demand relation, investment portfolio theory and arbitrage theory

    認為市場的有效性、股票價格與價值關系、股票的供求關系、投資組合理論及套利理論是四川長虹股價波動機制的核心內容。
  14. In the capital market efficiency theory, this thesis introduces efficient market theory and its form, the meaning of efficient market theory to setting down investment tactic. the efficient market theory has three forms, weak efficient market, half strong efficient m

    在非參數研究部分，根據各封閉式基金的公開資料，主要是招股說明書，基金契約以及各基金公布的投資組合，按基金上市的時間為序列，對基金的投資策略按投資管理流程進行歸類。
  15. In order to service for the economy - structure modulating and the economy ' s continuous healthy developing, in this paper, a senior systemic investigation was proposed on the role of stockjobber for china stock market realizing its resources allocation function with the guide of information economics and market efficiency theory, combining with the writer ' s investment - bank practices and facts of china stock market first, guiding with theories as resources rarity, reasonable allocation and optimal utilization, and efficient - market theory, after analyzing the mechanism and model of resources allocation function of stock market, some necessary conditions were concluded for effective resources allocation function of stock market, such as : the precondition is that enterprises compete to win financing according to market admittance regulations ; necessary condition is enterprise ' s property right to be clear, independent and decentralized ; investors should have got necessary finance knowledge and should invest rationally ; financing company should be high effective ; market system should be perfect and distribute in reason with plenty finance products

    筆者結合自己所在企業從事的投資銀行業務案例，聯系我國證券市場的實際狀況，以信息經濟學理論和市場效率理論為指導，對券商在我國證券市場實現其資源配置功能中的作用做了較為系統的初步探討與分析，以服務於我國經濟結構調整，實現經濟的持續健康發展。本文首先在資源稀缺及合理配置與充分利用原則指導下，運用市場效率理論，分析了證券市場資源配置功能的作用機制和過程，總結了證券市場發揮資源配置功能應具備的一些條件：前提條件是企業按市場準入準則競爭進入市場融資；必備條件是企業產權的獨立、明晰和分散化；投資者應具備必要的金融知識和理性投資；籌資者須具備較高的效率；市場體系應提供豐富的金融品種、結構完善並分佈合理。
  16. Third, fixed function hypothesis shows the function of the number in accounting statements is confined by its users. this means accounting choice is important in spite of efficient market theory

    功能鎖定假說表明，人們對會計報表數字的先驗認識限制了會計信息的作用，這證明會計政策選擇是重要的。
  17. The thesis is comprised of three parts as follows : in the first part, the origin, definition, forms, development and challenges it faced of efficient market theory is briefly introduced

    第一章簡要介紹了有效市場理論的淵源、定義、類型、發展和面臨的挑戰。第二章介紹了有效市場理論的實證研究方法和前人的研究成果。
  18. The second chapter comments on the western accounting theories of contemporary era, such as efficient market theory, then studies the combining accounting basic theory and efficient market theory to illustrate the relationship between accounting disclosure of listed company and securities market, points out that the efficiency of securities market means the efficiency of information and information ( mainly accounting information ) is the core of securities market, discusses in detail the information structure of securities market - information disclosure and information reflection

    第二章先對有效市場理論等西方當代財務理論進行評述，然後將會計基本理論與有效市場理論聯系在一起加以研究，探討了上市公司會計信息披露與證券市場之間的關系。指出證券市場的有效就是信息的有效，證券市場的核心正是信息（其中主要是會計信息） ，並詳細論述了證券市場的信息結構? ?披露信息與反映信息。
  19. This thesis first analyses the necessity and importance of accounting disclosure of listed companies from the corporation ' s property right structure ' s point of view, then studies the combining accounting basic theory and efficient market theory to illustrate the relationship between accounting disclosure of listed company and securities market

    本文先從企業產權結構的角度對上市公司會計信息披露的必要性和重要性進行分析，然後將會計基本理論與有效市場理論聯系在一起加以研究，闡明了上市公司會計信息披露與證券市場的關系。
  20. At present is famous for its quality of hard - describing, hard - analyzing and hard - anticipating. at present, the existing theories including the efficient market theory, theory of optimal price, etc. however, these theories have many inadequacies in terms of practical maret

    股票市場向來以其難以描述性、難以分析性和難以預測性著稱，目前已存在的理論包括市場有效性理論、期權定價理論等。
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