Study the Influencing Factors of Price Fluctuations in the Financial Industry Based on the Arbitrage Pricing Model

DOI

10.2991/assehr.k.201023.105How to use a DOI?

Keywords

Arbitrage Pricing Model, Standard & Poor 500 Index, CIP Bank of America

Abstract

Since the outbreak of the new coronavirus pneumonia epidemic worldwide in early 2020, global stock prices have begun to decline. This situation is very similar to the global financial crisis caused by the subprime mortgage crisis in 2008, which also caused huge losses to most investors. Therefore, it is of great significance to study the factors affecting stock price fluctuations. This article selects Bank of America in the financial industry as the main research object, collects the stock price fluctuation data of Bank of America from January 2015 to March 2020, and adopts the S & P 500 index, Dow Jones index, CPI and interest rate as independent variables to conduct analysis. At the same time, this paper also compares Bank of America with Taibang Bio, a representative company in the bio industry. Through research, this paper concludes that the S & P 500 index has a greater impact on the fluctuation of stock prices in the two industries, but the impact is not the same.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Mingyue Sun
PY  - 2020
DA  - 2020/11/06
TI  - Study the Influencing Factors of Price Fluctuations in the Financial Industry Based on the Arbitrage Pricing Model
BT  - Proceedings of the 2020 5th International Conference on Modern Management and Education Technology (MMET 2020)
PB  - Atlantis Press
SP  - 542
EP  - 546
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201023.105
DO  - 10.2991/assehr.k.201023.105
ID  - Sun2020
ER  -