基于岭回归的我国物流业股票价格影响因素分析  

Analysis on the Influencing Factors of Stock Price of Logistics Industry in China Based on Ridge Regression

作　　者：韩鸣 宋淑鸿[2] HAN Ming;SONG Shuhong(Nanjing Forestry University,Nanjing 210037,China)

机构地区：[1]南京林业大学,江苏南京210037 [2]南京林业大学经济管理学院,江苏南京210037

出　　处：《物流科技》2020年第9期48-49,61,共3页Logistics Sci-Tech

摘　　要：文章选取了2014~2018年我国36家上市物流企业为样本,运用岭回归分析方法,研究我国物流业股票价格影响因素。实证结果表明,现金比率、资产报酬率、总资产净利率和应收账款周转率与股票价格呈显著正向关系;管理费用率与股票价格呈显著负向关系,并且是最主要的影响因素。This paper selects 36 listed logistics enterprises in China from 2014 to 2018 as samples,and the influencing factors of stock price of China's logistics industry are studied by ridge regression analysis.The empirical results show that the cash ratio,return on assets,net interest rate of total assets and turnover rate of accounts receivable have a significant positive relationship with the stock price,and the management expense ratio has a significant negative relationship with the stock price,which is the most important influencing factor.

关 键 词：股票价格 岭回归 管理费用率 

分 类 号：F253.7[经济管理—国民经济]