金融类毕业论文详解.docVIP

目 录 摘 要 随着社会经济的发展和金融市场的繁荣，越来越多的人投入到了金融证券的研究当中。而作为三大金融理论之一的资本资产定价模型（CAPM）理所当然地引起了各国学者广泛的关注并积极对其进行实证研究。由于标准的CAPM是不能适应不同金融环境，所以就展开了国内关于CAPM是否适合国内金融市场的争论。资本资产定价模型能否指导现实中的投资行为，取决于对行为资产定价模型的实证检验结果对行为资产定价模型的适用性进行计量检验，行为资产定价模型的适用性。参数及模型的建立并在模型的基础上进行实证检验汇总、分析、对比、计算以该理论模型在我国证券市场的适用Along with the socio-economic development and prosperity of the financial market, more and more people into the financial securities studies. As one of the three major financial theory of the capital asset pricing model (CAPM) naturally aroused extensive foreign scholars and the concerns of its active empirical research. As is standard CAPM adapt to different financial environment, Therefore, it launched a domestic CAPM on the suitability of the domestic financial markets controversy. The capital asset pricing model (CAPM) could guide the reality of investment behavior, depended on the behavior of asset pricing model Positive test results. In this context, this paper, China Shanghai, Shenzhen stock market data on the behavior of asset pricing model applicability measurement test exploratory behavior Asset Pricing Model applicability and value. This paper from the Capital Asset Pricing Model starts with the origin of the capital asset pricing model for progressive coefficient. Thereby(analysis CAPM is the most essential subjects : study. In multi-scale(simplifying the complex model to market risk factor aspects of daily data (dollar) by the multi-scale transform the original transaction data in a number of the scale approximation and used to empirical testing Capital Asset Pricing Model in Chinas securities market more fitting scale level. This paper describes a capital asset pricing model parameters and model, the basic assumptions and behavioral factors. and the model on the basis of empirical testing, selection of Shanghai Stock aggregate data, analysis, comparison, to verify the theoretical model in Chinas securities market applies or not. Drawn in the Chinese stock market, the standard of