A Research of Development Ability of Liquor Industry: Evidence from Kweichow Moutai
- DOI
- 10.2991/aebmr.k.220603.093How to use a DOI?
- Keywords
- Liquor industry; Factor analysis; Valuation; BP neural network
- Abstract
Focusing on the development quality of enterprises in the liquor industry, this paper selects 16 representative listed enterprises, and uses the cross-sectional data in 2021 to score and classify enterprises through factor analysis and cluster analysis. From the perspectives of the industry-level and firm-level development ability, this paper further investigates the development status of kweichow Moutai Co., LTD., a leading enterprise, and uses the relative valuation method to explore its intrinsic value. With the rapid development of the financial industry, the stock market as an important investment channel has attracted extensive attention, and the research on stock forecasting has also made remarkable achievements. In this paper, BP neural network and PCA-BP neural network models are respectively used to predict the next day’s closing price of the time series data, and the advantages and disadvantages of the two models are compared respectively. So as to put forward innovative prediction methods for stock price trend prediction.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Yichen Li PY - 2022 DA - 2022/07/01 TI - A Research of Development Ability of Liquor Industry: Evidence from Kweichow Moutai BT - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022) PB - Atlantis Press SP - 581 EP - 592 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220603.093 DO - 10.2991/aebmr.k.220603.093 ID - Li2022 ER -