不完全反应 meaning in English
incomplete reaction
Examples
- Third , for time series characteristic of momentum profits , described by behavioral models , because of inherent biases in the way that investors interpret information , a variety of irrational patterns of information response result in individual stocks underreacting to information or covarying more strongly , and generate time series predictability of equity return . thus momentum and contrarian profits may arise in a variety of time series ways
其三，就惯性与反向策略获利性之时序特性而言，正如许多行为模型所描述，由于投资者解读信息方式的内在偏差，各种非理性的信息反应方式可能造成个股对信息的不完全反应，亦有可能造成了个股问协动过强，而生成了收益率的时序可测模式。