动量效应

研究结果表明；IPO市场存在明显的动量效应，IPO数量会对IPO公司的上市首日收益率产生影响，但滞后效应明显。

The empirical results show there is obviously " momentum effect " in IPO market and the IPO volumes will influent the IPO initial returns , but the influence is lagged .

另外，实证分析支持了传统的CAPM和APT定价模型中的带越小，动量效应越显著的结论。

In addition , the deduction of this model is supported by empirical test which in classical CAPM and APT models , stocks with less will present more significant momentum effect .

电子轨道角动量效应&NH2自由基（0，V2,0）能级的理论计算

The effect of electronic orbital angular momentum theoretical calculation for the ( 0 , v 2,0 ) levels of NH 2 radical

基于IPO首日抑价可以产生信息动量效应，进而增加二级市场对新股需求的假设，建立了锁定期与IPO抑价关系模型。

Based on the assumption that first-day IPO underpricing could generate information momentum and thereby increasing demands for the new issuing stocks , this paper models the relationship between lockup period and IPO underpricing .

经典的资产定价理论的基础假设之一就是投资者拥有同质信念，在此假设下，证券市场中诸如IPO之谜、动量效应、盈余惯性等金融市场异象无法得到很好的解释。

The financial market visions , such as IPO mystery , momentum effect , earnings momentum , and so on , could not be perfectly explained by the classical asset pricing theory based on assumption that investors have homogeneous beliefs .

在实证结果的基础上，本文设计了2个实验，试图从投资者心理的角度来对动量效应和反向效应进行解释，并且在BHS和BSV两个模型的框架下对问题进行了进一步的分析。

Based on the empirical results , two experiments are set in the thesis , with the purpose of explaining the momentum effect and contrarian effect from the angle of investors ' psychology . Further analysis has also been carried out within the framework of BHS and BSV models .

考虑卖空限制的动量效应和反向效应模型

Momentum and Contrarian Effect Model under Constrain of Short Sale

上海股市规模效应和动量效应的实证研究

Empirical Study of Size Effect and Momentum Effect in Shanghai Stock Market

三维裂变速率的量子和角动量效应

Effects of Quantum Correction and Angular Momentum on the Three-dimensional Fission Rate

动量效应和反转效应的理论及实证研究

An Theoretical and Empirical Study on the Stock Price Momentum and Contraria

本文研究的重点是动量效应与正反馈交易。

The focus of this study is the momentum effect and positive feedback trading .

关于动量效应，已经有大量学者研究了它的存在性及来源。

And there has been lots of research about the existence and source of them .

规模效应和动量效应一直是中国股票市场上争论的热点。

Size effect and momentum effect is the hot debate issue of China stock market .

动量效应：科技研究中的一个概念

Momentum : A Concept in Technology Studies

基于收益分解的股票市场动量效应国际比较

The International Comparative Study on Momentum Effect

基于行为金融的我国股市动量效应成因研究

Study on the Causes of Momentum Effect in Chinese Stock Market based on the Behavioral Finance

然而，在其能解释动量效应的同时，该模型也易于产生两种极端情形。

However , this model tends to reach two extremes while it can generate momentum and reversal effect .

作为有效市场假说的重要异象，动量效应对传统金融资产定价理论提出了最严峻的挑战。

As one of the abnormal cases , the momentum effect severely challenges the traditional financial asset pricing theory .

最后，对动量效应微观机制的研究进展作了介绍，并对将来的研究进行了展望。

Finally progress on the research of microcosmic mechanism of price momentum was introduced , and future researches prospect .

动量效应和反转效应的形成机制及其在沪市A股市场的表现研究

Study on the Causes and Performance of Momentum Effect and Reversal Effect of a Shares in Shanghai Stock Market

动量效应是一种金融市场中非有效性的表现形式，这种非有效性可以通过交易策略来挖掘。

Momentum is a performance of financial markets ineffectiveness form , this ineffectiveness can be exploited by trading strategies .

然而更多实证研究发现，在大部分国家的股票市场中，动量效应现象是普遍存在的。

However , more empirical studies founded that the momentum effect is widespread in most of the stock market .

行业动量效应与个股动量效应存在时期上的互补性。

Industry momentum and the regular momentum are complementary in terms of periods when the momentum effect is significant . 3 .

通过这种研究方法对中国股票市场的动量效应进行研究，并验证这种投资策略是否能带来超额收益。

This approach by the Chinese stock market momentum effect study , and verify whether this strategy can bring excess profits .

在这些金融异象中，动量效应、反转效应是两类重要的现象。

And these phenomena are called financial anomalies . Among these anomalies , momentum effect and reversal effect are two important facts .

就两种效应的存在性来讲，反转效应显著存在而动量效应并不显著。

As for the existence of the two effects , the results indicate that the contrarian effect is significant but the momentum is not .

实证证明动量效应与逆向效应是中国资本市场证明存在的两个策略效应。

The results show that there are two strategic effects in Chinese capital market , momentum effect and reverse effect , which are precarious .

作为金融市场中的重要异象，动量效应与反转效应成为受到广泛关注的金融热点。

As an important anomaly in stock market , momentum effect and contrarian effect become the most significant discoveries and hotspots in contemporary financial research .

本研究的观点更倾向于行为金融角度的解释，并从该角度对我国股票市场存在的动量效应的成因进行了解释。

We lean to the interpretation of the behavioral financial perspective , and explain the cause of Chinese stock market on the momentum in this perspective .

在大市值股票中，存在动量效应，即过去收益较高的股票，其未来收益也较高。

In the large cap group , there is momentum effect , that a higher yielding stock in the past , its future earnings is higher .