股票型證券 的英文怎麼說

中文拼音 [piàoxíngzhèngquàn]
股票型證券 英文
lof
  • : Ⅰ名詞1 (大腿) thigh; haunches 2 (機關、企業、團體中的組織單位) section of an office or enterp...
  • : 名詞1 (作為憑證的紙片) ticket 2 (選票) ballot 3 (鈔票) bank note; bill 4 (強盜綁架去用做抵...
  • : Ⅰ動詞(證明) prove; verify; demonstrate Ⅱ名詞1 (證據) evidence; proof; testimony; witness 2 (...
  • 股票 : shares; share certificate; stock certificate; equity security; stock; capital stock
  • 證券 : bond; security; negotiable securities
  1. Insurance funds, under the draft, may invest in varieties including bank deposit, commercial notes, bank paper, large - value convertible deposit receipts, bonds, money market funds, bond - based funds, shares, global depository receipts, american depository receipts and stock - based funds

    保險資金可以投資的品種包括銀行存款、商業據、銀行據、大額可轉讓存單、債、貨幣市場基金、債基金、、全球存托憑、美國存托憑基金等。
  2. Facing with the adjustment blemish of the market and the government, knowledge problem and market growth degree etc, the article analyzes and arguments tmsm, the investment theory of the gapsm and two - mechanism forming reason and specialty of our country, and tries to explain and answer the question of breadth fluctuation, high risk, price decision, proceeds and investment strategy etc in the gapsm. since 80 ages, a series of the important development has all taken place in the world and the economy of our country, and it produced the deep influence on the growth of the security market, and particularly the information revolution, all markets forming one body and the quick development of the derivable security product brought the unprecedented macroscopic opportunity and power to the security market ; but at the same time our security market with the structure absurdity of participators, higher risk, irregular law, closed market, the validity of supervise and no science of market regulation does not accommodate to the macroscopic environment and so our country security market needs a new set of security theory with environment. according to the macroscopic and microcosmic environment, this article defines that our country security market is both a gapsm and the initial stage of the gapsm

    上世紀80年代以來,世界和我國經濟都發生了一系列重大的變化,對市場的發展產生了深刻的影響,尤其是信息革命、市場一體化和衍生產品的迅速發展,給市場的發展帶來了前所未有的宏觀機遇和動力,而同時我國市場參與者結構的不合理、較高的風險、不規范的法律、市場的不開放、監管的不完全以及不科學的市場調控等微觀市場環境條件與此宏觀環境並不適應,從而我國市場需要一套適應環境變化的理論;本文就是以這一宏觀環境和微觀條件為依據,把我國市場定義為既是政府主導市場又是市場初期;並對我國市場二元制產生的原因、特點及特殊性進行了分析,並通過我國政府調節的實例進行了論,並對投資理論和投資策略進行了研究,這對控制我國市場的高風險以及獲取收益都具有重大意義。
  3. So we consider five financial indexes includes stock b / p, e / p, current stock size, current stock stru and financial levge by the international tradition, then descriptive statistical test method and cross section statistical test method proved that b / p and current stock size have marked effect on the securities yield besides coefficient b. in the third chapter, the article fut forward a risk factor model, estimates yield sequences of every risk factor by weight regression, and then estimates each risk factor coefficient of different stock by time sequence regression, at last we can reckon the portfolio risk o2p and yield rp which consists n stocks

    結合國際慣例,文章考慮了的凈值市價比( b p ) ,市盈率倒數( e p ) ,流通規模( size ) ,流通比例( stru )和財務杠桿( levge )等五個財務指標,應用描述性統計檢驗和橫截面統計檢驗等多種方法,結果表明,除系數以外,凈值市價比( b p )和流通規模( size )對收益率部有重要的影響。在論文的第三章,提出了一個基於多因素的風險因子模,並用加權回歸和時間序列回歸等方法估計出了不同的各風險因子系數(類似於單指數模中的系數) ,據此,即可衡量出一個包括n只的組合的風險_ p ~ 2和收益率r _ p 。
  4. Based on the new bond index, the return comovemnet between stock and bond markets is analyzed. the empirical results show that the returns of stock and bond markets interacts in the long run, and there exists a leading and lag relation between them. the month correlation between the return of stock and bond markets is time - varying, which can be described and predicted with some models

    根據所編制的國債指數,本文實分析了市場與債市場之間收益率的聯動關系,發現市場收益率與債市場收益率之間存在長期影響,市場收益率與債市場收益率之間存在領先滯后關系,市場與債市場收益率之間的月度相關性是時序變化的,可以用模進行描述與預測,並分析了影響這種聯動關系的宏觀經濟因素。
  5. So this paper tries to solve these problems through the following work : first, we select some index to valuate the close - end funds, including income, stability, risk in falling, stocks selecting ability and tuning ability, based on overseas funds valuation methods and domestic market condition ; second, we analyze the stability of all index and form two styles index, which are f and other bad stability index ; then, we form the valuation system, including two - layers index, which are p and factor score ; last, we use this system to analyze the close - end funds which came into existence before 2000 and get the final comparative result. the main intention of this paper is to create the system of valuating close - end funds in our country, which is comprehensive and objective. in my valuation system involving the period from 2000 to 2003, the funds as a whole performs inferior to the stock index

    首先,對國外理論界經典成的、以及前沿的基金評價指標和評價方法進行了詳細的分析,並結合我國的基金市場狀況,選取了可以衡量基金收益、穩定性、下跌風險、選擇能力、時機選擇能力等量化指標;其次,根據我國基金分析的需要,採用了諸如基金交易價格、換手率等二級市場表現指標;然後,對這些指標進行了時間延續性分析,檢測這些指標在運用到我國基金市場時能否有效預測基金未來表現,從而形成了兩類指標:時間延續性很好的s _ p和時間延續性不好的其它所有指標;再次,在以上工作的基礎上形成了由兩個層面的指標構成的我國投資基金評價體系: s _ p和因子分析中綜合因子得分值;最後,選取了我國2000年1月1日前成立的23隻封閉式基金作為樣本,並同時採用上a與深成a兩個基準組合進行了3年樣本期的實分析,得出了最終的比較性評價結果。
  6. As different as the numbers and the types are in the stock market, the index of stock can be classified by composite index, ingredient index and classified index

    價格指數作為市場指數最重要的一種類,它是度量和測定市場整體平均價變動程度和市總體狀況的基本指標。
  7. The listed companies, which are the model forms of the company system, play a critical role in the securities market more and more policies, codes and ordinances in the securities market directly or indirectly regard the accounting earnings as the assessing index. therefore the listed companies " financial information, especially the accounting earnings, becomes the key factor that influences the price of stock and shares

    作為公司的典代表,上市公司在市場上扮演著重要的角色,上市公司財務信息尤其是會計信息是影響價格的重要因素,越來越多的相關政策、法規和條例直接或間接以會計盈餘作為考核指標,而其中關聯方交易則是改變會計盈餘的一種常用手段。
  8. In the second chapter, the concept of value multiple is introduced in details and a new valuation model is given at the end of this chapter. an important conclusion is drown through data analysis in american capital market in the chapter three : there is a strong relativity between the value multiple and the stock price. in the next chapter, we analyze those factors that they can weaken the effect of value multiple when we use it to judge the intrinsic value of securities in our country and countermeasures ^ against those factors

    本文第一章主要就價值分析的一般原理、常用方法以及存在的問題進行了探討;第二章主要就價值倍數法的理論基礎、計算公式進行闡述和推導,並最終構建了基於價值倍數概念上的估值模;第三章主要通過美國資本市場的數據對價值倍數與價格之間的關系進行了探討,最後得出二者之間為正相關的結論;第四章主要就我國市場上影響價值倍數運用的主要因素以及對策進行探討,並通過實例演示明價值倍數模在我國市場運用的有效性;第五章對整個研究過程進行了總結,並就其中存在的問題提出了改進的思路以及進一步研究的方向。
  9. We can draw these conclusions through the analysis in the article : ( 1 ) the conflict between profitability and liquidity is the root of open - end funds liquidity risk ( 2 ) the security market in china is still developing with lots of speculators ( 3 ) the continious and stable development of security market is the precondition of open - end fund. most of open - end funds are in the type of stock, whose performance depends on stock market ( 4 ) so far, the merchanics in terms of block trade, processing trade, as well as derivatives of short sales and risk - hedging is still in progress, which restrict fund managers ' competence to control risk and increase their stress in dealing with liquidity risk

    ( 3 )市場持續穩定地發展是開放式基金得以長足發展的保障。現有的開放式基金絕大多數是基金,其業績依賴于市向好,進而影響投資者是否持有基金的抉擇。 ( 4 )目前我國市場在關于大宗交易、程序化交易、做空機制和規避風險的金融工具等方面的制度尚不健全,制約了基金管理人控制風險的能力,也加大了其面對流動性風險的壓力。
  10. For customers to use in the in - kind creation or redemption of exchange traded fund ( etf ) units

    九、供客戶因應指數股票型證券投資信?基金之實物申購或買回。
  11. The term " exchange traded fund ( etf ) " used in these regulations shall mean a securities investment trust fund listed on the stock exchange which tracks an underlying index designed by or produced with the agreement of the stock exchange for which subscription and repurchase * * are based on physical delivery according to contract

    本辦法所稱指數股票型證券投資信?基金,指在交易所上市,以追蹤交易所設計或同意編制之標的指數,且申購、買回採實物及依據契約規定方式交付之投資信?基金。
  12. Firstly, the author evaluated the fund through the technology and tested it with examples. basted on the capital asset pricing model and the theory of portfolio, the paper used the ratio of profit according time to evaluate the profit ; used the a and 3 to evaluate the risk ; used the sp, tp, a p to evaluate the profit according to the risk ; used the ability of liquid and so on to evaluate the fund portfolio. otherwise, the author corrected the asset of fund according to the specialty of our country

    技術面評價以投資組合理論和資本資產定價模為基礎,運用時間加權收益率對基金收益進行評價;運用系數、系數對基金風險進行評價;運用夏普指數、特雷納指數、詹森指數、積極投資效率指數對基金進行收益和風險配比評價;運用基金平均市盈率、集中度、日換手率、基金流動性和基金平均漲幅對基金進行組合質量評價;並根據我國市的特點對基金凈值進行修正計算,對基金實際價值進行評估。
  13. Meckling model of analyzing enterprise ownership structure, author study our country environment impacting on the eso efficiency and get the conclusion : though the implement of the eso in bank of our country can change the traditional rigid method of salary distribution, correct nearsightedness of senior executive and excite positive psychology, but because of many environments restrictions, the effect of the eso was give a great discount. so if implying this encouragement scheme, we must take the road of china in the bank of our country. referring to western bank experiences, author has discussed the eso schemes in our bank and designed the feasible schemes, which accords with the realistic objective condition

    本文系統闡述了期權激勵的基本原理及應用狀況,對現行銀行薪酬管理模式的問題及在銀行業中實施期權激勵的效應進行了探討,並借用詹森、梅克林分析企業所有權結構模來研究我國銀行業的環境變化對期權作用效率的影響,得到結論:盡管我國銀行實施期權激勵能改變傳統的僵化薪酬分配方式,糾正高管人員的短視心理,激發工作積極主動性,但由於我國的市場效率較低,大多數銀行的產權治理結構不完善,稅收、會計、法律制度不健全這些內外部環境的制約,將使期權的激勵效率大打折扣,因此,在我國的銀行業中實施這一激勵方案必須走中國化的道路。
  14. This paper examines the effects of the mechanism - call auction mechanism and continuity mechanism by which securities are traded on their stock returns. firstly, we explain the relational concepts. later, under the market inefficiency hypothesis, we draw into the amihud & mendelson model of price adjustment. because the different market tradings have different assets and these assets are traded in different environments, hence it would be hard to discern differences resulting from the trading mechanism itself from differences due to dissimilarities of securities and environments. we offers to resolve this difficulty by comparing the stock returns in the opening transactions with the price behavior of the some stocks traded at the same exchange during the same period in the closing transactions

    而後,在市場無效的假設前提下,我們引入了amihud和mendelson構建的帶有噪聲的偏調整模。由於不同的市場交易有不同的,而且這些又處在不同的環境中交易,因而很難看出排除本身以及環境因素后,交易制度對價格行為的影響。因此,我們利用同一交易所交易的同一在盤整時期的開盤(開盤交易採用集合競價制度)和收盤(收盤價採用連續競價制度確定)數據來比較不同的交易制度對收益的影響。
  15. Var and stress testing model can measure this tail risk, therefore, combined with delta - method, var is the efficient model that can be applied to measure chinese security portfolio market risk

    收益率呈現出厚尾特性, var及其壓力測試模能很好的計量投資組合的尾部收益及風險,因而結合了var的方差模是適合於我國投資市場風險計量的有效模
  16. This paper uses the general equilibrium theory and model, disclose the formation mechanism of the stock price and realize its calculation concretely by the way of vector sign method

    本文採用一般均衡理論及其模,揭示市場價格的形成機理,利用向量標號法計算的均衡價格,具體實現其計算。
  17. There are many valuation models such as cdf, eva model, p / e model and p / b model etc. there is one common character of these models that is the input data of these model is all financial information. however, financial analyst usually estimated different value of the same stock using different models and the estimated value was different from the actual market price. what is the reason lead to this result

    各種權估值模都有一個共同的特點,即模的輸入變量為公司財務信息,但根據不同的模分析師估出的價值都不一樣,而且跟市場實際價格往往也有很大的差距,那是什麼樣的原因導致這種差距呢
  18. In chapter3, information is divided into two basic types, the marginal equation of bond price and short - term interest variations is established, thus the security price variations and the price equilibrium of other assets ( risk security non - risk security are included ) are analyzed by the implement of portfolio theory. finally the bond value equation which takes equilibrium return as its yield parameter is established through the theory of comparative return. in chapter 4, the intra - information and the transferable system of price is emphasized and the market - maker model and expected model under non - perfect information market conditions are established, and the disaccord of the influence of extra - information and intra - information on the security price is discussed

    第三章將債的價格均衡劃分為兩大基本類,建立了債與短期利率變動的邊際方程,運用組合原理分析債價格變動與其它資產(包括風險和無風險)的價格均衡關系,通過比較收益原理建立了債以市場均衡收益為折現參數的價值方程,並通過實檢驗了該模的合理性;第四章,分析了內部信息與價格的傳導原理,建立了非完全信息市場條件下價格傳遞信息的做市商模和預期模,並討論外部信息與內部信息對價格影響的非一致性。
  19. At last the research gets an efficient portfolio which include different weighting shares. the efficient portfolio should be able to guide investor to judge the region shares " character and the profit of share combination, and direct the distribution of investment capital. in the end, the article still forecasts these companies " prospects and the macro - policy ' s trend or change

    採用markowitz模測算組合的收益、方差,試圖能通過各權重的變化尋求有效組合,而該有效組合應能指導投資者對該地區的個性的優良與否、對該組合的收益預期性進行判斷以及對投資資金的分配給予指導,同時亦討論了西部上市公司的發展前景以及宏觀政策取向。
  20. Shanghai, feb. 28 ? seated before a row of computer terminals flickering with stock charts in a large brokerage house in this bustling city, li ruichang insists he is not too worried about tuesday ' s massive stock sell - off

    上海, 2月28日? ?在這座忙碌的城市的一家大營業廳里,李瑞常坐在一排閃動著圖表的計算機終端前,堅稱他並不太擔心周二的大盤下跌。
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