股票

In some conditions the fluctuation of stock price is not a continuous process,in order to imitate and analyze the uncontinuous process,a cusp catastrophe model of stock price is set up,in the mean time makes a brief analysis of this model,and finally gives some advices according to the analysis.

针对股票价格变化在某种条件下具有不连续性的问题，对这种不连续的股票价格变化进行了描述与分析。以突变理论为基础，建立了一个描述股票价格短期变化过程的尖点突变模型，并对该模型进行了简要分析。最后，根据分析结果提出了相应的政策建议

After the stock market crash, millions of pounds were written off shares as their value fell below par .

在股票市场总崩溃后，随着股票的价值低于原票面价值，数百万英镑的股票帐面价值降低了。

Moving from paper share certificates and written share registers to "dematerialized" shares, computerized trading and registration required not only extensive changes to legislation but also the development of the necessary technology: online and real time systems rather than batch; electronic communications rather than the postal service, telex or the physical shipment of computer tapes, and the development of secure cryptographic algorithms.

从纸质的股票证书和书面股票注册到&虚拟&的股票，电脑化的交易和注册不仅要求立法的一系列改变，还要求所需技术的发展：在线和实时的系统，电子通讯（而不是邮政服务、电传或电脑磁带的实际运输），还有安全的保密算法的发展。

Short-selling shares in a trough, thus deepening the trough, and betting that frothy shares will become frothier.

在谷底卖空股票，从而造成股票继续下跌，并押注于充满泡沫的股票变得泡沫更丰富。

Destabilising speculation requires the opposite: short-selling shares in a trough, thus deepening the trough, and betting that frothy shares will become frothier.

破坏稳定性的投机行为做法则相反：在谷底卖空股票，从而造成股票继续下跌，并押注于充满泡沫的股票变得泡沫更丰富。

Tchnical divergences in stocks and groups are caused by irrational buying of the wrong stocks by unsophisticatd players while the smart money liquidates the best stocks.

由于单纯的玩家无理性地购买错误的股票而与此同时&聪明资金&却清算最好的股票，股市的技术指标产生分歧，股票走势出现分化。

With plenty of money sloshing around, what drip-drip of offerings the stock market regulator allows will still be heavily outmatched by demand, stoking over-enthusiasm for new offerings.

在大量热钱流动的情况下，股票市场监管者同意上市的股票仍存在被需求严重高估的现象，从而刺激人们对新上市股票的过分热情。

For the typical mutual-fund investor, who holds 12% to 15% in foreign stocks -- or half that in a 401 -- holding 55% in foreign stocks would seem like a massive overweighting toward overseas markets.

典型的共同基金投资者通常会持有12%-15%的外国股票，或在401计划中持有这个数字一半的外国股票。对他们而言，将55%的资金放在外国股票上似乎是太高了。

The Chinese authorities on Thursday said they would scrap the stamp duty on stock purchases and will use its own funds to purchase to buy shares, including banking shares, which have been pummelled over the year.

中国官方周四宣布，将废除买入股票的印花税，并将动用政府资金来购买股票，包括这一年来遭到重创的银行类股票。

The difference between our model and present literatures is that we introduce simultaneously investors'endogenous liquidity risk and liquidity demand as a state variable so that model is more consistent with the fact that trading cost increases in executive size, especially in order-driven markets, and model randomizes the stock holding periods.

在一定条件下，模型得出三个命题：股票的流动性水平越低，则预期回报率越高，即显著的非流动性补偿；股票的三个流动性beta的绝对值越大，也就是股票的流动性风险暴露越大，则预期回报率越高，即显著的流动性风险溢价。

On the other hand, the more important thing is because the urban housing is a kind of heterogeneity products.

另一方面，更重要的是由于城市住房是一种异质性产品。

Climate histogram is the fall that collects place measure calm value, cent serves as cross axle for a few equal interval, the area that the frequency that the value appears according to place is accumulated and becomes will be determined inside each interval, discharge the graph that rise with post, also be called histogram.

气候直方图是将所收集的降水量测定值，分为几个相等的区间作为横轴，并将各区间内所测定值依所出现的次数累积而成的面积，用柱子排起来的图形，也叫做柱状图。