An Empirical Analysis of Bellwether Stock in Chinese Stock Market

DOI

10.2991/ssmi-19.2019.66How to use a DOI?

Keywords

Empirical Analysis; sector Linkage; Bellwether Stock.

Abstract

This paper acquires following results through empirical analysis: The accumulative increase amount of the sample sector is 35%, the accumulative increase amount of respective Bellwether Stock is 323% and the accumulative increase amount of Shanghai securities composite index in the same period is 5%. The first two numbers mentioned above is 7 times and 64.6 times of that of the market; The highest increase amount of sample sector II is 174%, averaging 0.2% daily. The highest increase amount of respective Bellwether Stock is 1,132%, averaging 4% daily. The highest increase amount of Shanghai securities composite index in this period is 128%, averaging 0.1% daily. The first two groups of numbers mentioned above is 1.36 times and 8.84 times, 2 times and 40 times of that of the market.

Copyright

© 2019, 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/).

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TY  - CONF
AU  - Shaohe Zhang
AU  - Hui Liu
PY  - 2019/12
DA  - 2019/12
TI  - An Empirical Analysis of Bellwether Stock in Chinese Stock Market
BT  - Proceedings of the 2nd International Symposium on Social Science and Management Innovation (SSMI 2019)
PB  - Atlantis Press
SP  - 254
EP  - 258
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssmi-19.2019.66
DO  - 10.2991/ssmi-19.2019.66
ID  - Zhang2019/12
ER  -