股票市场价格序列正态性检验——基于上海股票市场2007-2013年数据  

Series Normality Test of Stock Market Price——based on Panel Data of 2007-2013 of Shanghai Stock Market

作　　者：倪洪燕 王勇 

机构地区：[1]云南省师范大学商学院 [2]云南省农村信用社联合社银行卡中心

出　　处：《财务与金融》2014年第1期33-37,共5页Accounting and Finance

摘　　要：本文从股票价格变动的随机游走理论入手,通过频数分布和序列相关检验给出了我国股票价格变动的特点,发现股票价格序列所具有的正态特征并不显著。文章最后指出我国股市的停板制度影响了我国股市的有效性水平。This paper is based upon the random walk theory of change of stock prices. Through frequency distribution and serial correlation, we test the distribution of change of stock prices, we find that the normality of stock prices is not very outstanding. At the end of this paper, we point out that the trading halt system influences the stock market efficiency.

关 键 词：正态分布 频数分布 序列相关 

分 类 号：F230[经济管理—会计学]