换手率 meaning in English
turnover rate
Examples
- These conditions include : turnovers in both shanghai and shenzhen stock market surpass looobillion . the variety , number , and scale of institutional investors increase greatly and continuously
我国沪市交易量已连续6年成交额超过10000亿元，深市连续7年突破10000亿元，换手率达到200以上。 - As for manipulation , the manipulator took on insider trading at the same time of manipulation . the stock tended to be manipulated with high concentration ratio of equity , few liquid equity and low turn - over ratio
以股本变动时期前后的日均换手率和日均收益率为样本，本文以logistic模型建立了适合我国国情的内幕交易和市场操纵判别体系。 - However , comparing to foreign ripe exchange market , china stock market exhibits high - risky features such as abnormal magnitude of trade , high change of stock , high frequency and amplitude of stock price volatility and so on
然而我国股票市场同国外成熟市场相比，表现出交易异常活跃，换手率很高，价格波动的频率高、波幅大等特点，体现出新兴股票市场的高风险特征。 - High nominal returns , low real returns , little risk , great oversubscription and high turnover of initial public offerings ( ipos ) are long - standing distinguishing features of chinese capital markets , which damage the market efficiency and the resource allocation efficiency
首次发行新股( ipos )的“高名义回报、低实际收益、低风险约束、巨额冻结资金、高换手率”一直是我国资本市场的一个显著特点，大大降低了市场运行效率和资源配置效率。 - It was found that the abnormal return rate was an increasing function of the turn - over rate of the group . it seemed to be ridiculous , but it was right because the turn - over rate was highly correlated with the fluctuation of turn - over rate beneath which was often the manipulation risk . even no manipulation existed , high fluctuation mean high risk that should be compensated with high return rate
为了验证这一猜想，于是引入了换手率、换手率波动、流通股比例和规模因子，然后进行多因素联合回归分析，发现流动性风险对超额收益率的贡献最大，由换手率或者换手率波动性衡量的流动性风险可以解释超额收益的60 ，而规模因子的作用大大下降，甚至消失。