金融系统量能方程和系统力的研究.pdfVIP

金融系统量能方程与系统力研究 孙 彬 李铁克 王立民 (北京科技大学经济管理学院, 北京 100083) 摘 要：本文从成交量波动Δ V 和价格p 角度研究股票市场量价关系。借鉴物理学研究物体运动规律 的思想，提出了以成交量为基础的标的资产交易速度定义；根据近代物理学相对论质速关系及质能方程的 数学模型，提出了以价格为基础的标的资产惯性价格，推导出了股票的动量方程和能量方程。结合股票市 场的动量现象以及动量生命周期假说，构建了股票市场的资产动量和能量体系框架。最后，研究金融系统 力的数学解析形式，并结合金融市场进行了解释。 关键词：量价关系；交易速度；惯性价格；资产动量；量能方程；金融系统力；引力价格 中图分类号：F830.91 文献标识码：A 文章编号： Financial System Volume-Energy Equation and Mechanics Analysis SUN Bin LI Tie-ke WANG Li-min (School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, China) Abstract：The relationship between volume variability and price in stock market are analyzed in this paper. Underlying asset trade velocity which is based on motion laws of classical physics and inertia price which is based on mass-velocity relation and mass-energy equation in theory of relativity are proposed in this paper. With the momentum of the phenomenon of financial market and momentum life cycle hypothesis, underlying asset momentum and energy system framework are proposed. Then, this paper presented the volume-energy equation and analyzed relationship between momentum and energy of underlying asset. Finally, mathematics form of financial system mechanics was proposed and analyzed combined with financial market. Key words：Price-Volume relationship; Trade velocity; Inertia price; Asset momentum; Volume-Energy equation; Financial System mechanics; Gravity price 是否配合，将量的变化与价的变化结合起来，才能 1 引 言 对股票市场进行有效分析。 近年来，物理学，心理学等学科的研究思路与 目前，大量关于股票市场的实证研究表明股票 方法逐渐被金融学所接受，物理金融学，行为金融 市场价格波动与交易量的关系是理解