1) Excess Initial Returns
超额初始收益
2) market-adjusted initial returns
新股初始超额收益率
3) initial return
初始收益
1.
Consistent with Rock s(1986) theory of adverse selection,the allocation rate was negatively related to initial return.
与Rock(1986)的逆向选择理论一致,中签率与初始收益负相关。
4) initial returns
初始收益
1.
This study examines the institution of IPO pricing and its influence on the initial returns of new - listed A -shares.
本文研究了我国的新股发行定价体制以及不同体制下新上市A股的初始收益率特征。
5) abnormal return
超额收益
1.
The result shows that the announcement of seasoned equity offering in advance causes negative abnormal return of the share price of listed companies and also shows the low degree of market identification of seasoned equity offering of listed companies.
研究表明,增发预案公告会引起上市公司股价的负超额收益,上市公司增发新股的市场认同度较小。
2.
We take abnormal return as the main topic of this paper.
本文以超额收益为主要研究内容,在概括和总结国内外证券市场有关研究和对有效市场假说等相关理论进行分析和梳理的基础上,对中国股票市场超额收益的存在及成因进行了探讨。
3.
According to the hypothesis of weak-form market efficiency ,it is impossible for the investor to gain abnormal return by making use of out-dated price information .
但动量效应和反向效应的发现对这个假设提出了有力的挑战,根据动量效应,投资者可以在买进前期表现好的股票的同时卖出表现差的股票来获得超额收益;而根据反向效应,投资者可以在卖出前期表现好的股票的同时买进表现差的股票来获得超额收益。
6) excess returns
超额收益
1.
In a forecast view,the estimated betas used by a single-index model which is based on total returns is completely proxy for that used by a single-index model which is based on excess returns and is based on theoretical foun.
由于我国无风险利率的方差与市场收益的方差变动比较起来非常小,短期无风险利率的实际变动对贝塔估计值影响很小,因此,从"预测"的角度看,用总收益形式的单指数模型估计贝塔值可以完全替代具有理论基础的超额收益形式的单指数模型估计的贝塔。
补充资料：超额
1.超过定额。
说明：补充资料仅用于学习参考，请勿用于其它任何用途。
参考词条