In addition , this paper mainly investigates the investment performance of momentum strategies and contrarian strategies , which are the most important investment strategies of behavioral finance . then i discuss the reasons for the abnormal profits of significant profits strategies 最后根據(jù)已有的研究成果,構(gòu)造了一個(gè)基本分析、行為分析、價(jià)值分析、成長分析四大模塊的行為金融基金的選股模型。
Theory according to the efficient market hypothesis , in weak - form efficient market , investors ca n ' t make abnormal profit ( other than by chance ) only by using past market information such as past prices to formulate buying and selling decisions 國內(nèi)已經(jīng)存在不少關(guān)于中國股票市場有效性的實(shí)證研究,但研究方法大多是運(yùn)用隨機(jī)游走假說( rwh )對(duì)中國股票市場進(jìn)行檢驗(yàn),結(jié)論也多停留在理論層面上。