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The hypothesis of a constant correlation of volatility among markets is likely to be incorrect and unfit for real data.

过去大部分讨论股价与汇率间关系的研究,均著重在报酬率关系上,较少探讨波动性的关系。

Hai Tong Securities believes that the first day of Carolina textile may be washed into the stock for more than 40 yuan, relative to the issue price does not rise to 50%.

海通证券认为,罗莱家纺首日股价可能冲到40元以上,相对于发行价涨幅也不到50%。

As a result of short-term market tends to be weak, he said that in the short term stock price box may be the greater shock.

作为短期市场的结果,往往是薄弱的,他说,在短期内股价框可能是更大的冲击。

Disclosure of information often appear misleading statements or major omissions or even public disclosure of price-sensitive or important information, allows the company and shareholders to bear a huge loss, leading to confusion in the market.

披露的信息时常出现误导性陈述、或者重大遗漏甚至公开或者泄露股价敏感重大信息,使得公司和股民承受了巨大的损失,导致市场的混乱。

He said that the business department with its customers to exchange the results showed that, although this year to bear a greater loss, but they are still actively seeking opportunities to rebound, with the result of the exchange fund clients showed that some Consensus has been formed, the current stock price adjustment should be able to fully reflect the risks (for example, a negative growth in 2009 profits) as long as there is no hard landing for the economy, a growing number of stocks have begun to show the value of the investment, on the other hand, the economy and earnings are still In a clear downward trend, investment strategy on economic policies still need to wait for the stock market and policy signals the emergence of two major turning point, the majority of investors in 2400 have not yet reflect the sharp point of the will of the holdings; However, if the market continued to fall, the brave will not hesitate On the left side of the transaction provide us with the risk.

他说,与客户业务部门交流的结果显示,虽然今年承受更大的损失,但他们仍在积极寻求与外汇基金的客户端显示的结果反弹的机会,一些共识已经形成,目前的股价调整应能充分反映风险(例如,在2009年利润负增长),只要没有经济方面,越来越多的股票已经开始硬着陆显示另一方面的投资价值,经济和收入仍处于明显的下降趋势,对经济政策的投资策略仍然需要等待股市和政策信号的两个重要转折点,出现了大多数投资者在2400年还没有反映的控股公司将尖,但是,如果市场继续下跌,勇敢不会在交易左侧毫不犹豫地提供了我们的风险。

To Jeremy Beckwith, chief investment officer of Kleinwort Benson, it all adds up: A share price is generally the product of the profit per share multiplied by the price/earnings ratio. History shows that p/es are mean-reverting, and that profits are also mean-reverting but as a percentage of nominal GDP.

在佳活宾信首席投资官杰里米·贝克韦斯看来,这可归结结为:股价总的来说是每股盈余和市盈率的乘积,而企业盈利会向名义国内生产总值增长率均值靠拢。

Over an extended period of time, in fact, that is the best test.

实际上,在一段较长时间内股价是最好的考验。

He reiterates grade of stock of bisect numerous medium is " buy ", target share price is 66 dollars.

他重申对分众传媒股票评级为"买入",目标股价为66美元。

Suppose the authorities were to find a way to bludgeon the stockmarket, knocking, say, a quarter off share prices.

假如当局寻求的是一种打击股市的方法,像是让股价下挫四分之一。

Small wonder Yahoo investors lost a boatload of money Wednesday, as shares crashed 12%.

在这样的情况下,雅虎股东周三损失惨重也就不足为奇了,雅虎股价周三暴跌12%。

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I will endeavour to find you some assistance.

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