因子分析和聚类分析在证投券资中的应用论文之最终版.docVIP

因子分析和聚类分析在证券投资中的应用 摘要：中国证券市场作为一个新兴的证券市场，从2001年以来，市场环境发生了重大的变化。而市场环境的变化又导致盈利模式、投资策略和操作理念等诸多方面发生了深刻的变化。投资者开始对价格操纵型的市场盈利模式进行反思分析在中国证券市场如何进行投资决策的问题。通过对证券市场的背景的分析，阐述上市公司投资取向研究的重要性。具体研究做好理论铺垫，并为优化各类投资者投资取向的选择提供可资借鉴的经验。建立较为全面的综合评价指标体系,衡量样本股票的相似程度然后通过聚类分析模型来确定投资范围和投资价值该方法能帮助投资者准确地了解和把握股票的总体特性,预测股票的发展潜力,并通过类的总体价格水平来预测股票价格的变动趋势,选择有利的投资时机Chinese securities market as an emerging stock market, since 2001, great changes have taken place in the market environment. And the change of market environment and lead to profit mode, investment strategy and operation idea, profound changes have taken place in many aspects, such as. Investors began to reflect the market profit model of the price control type. This article through the factor analysis and cluster analysis methods to analyze how to make investment decisions in China securities market. Through the analysis of the background of the securities market, the paper expounds the importance of investment orientation of listed companies to study. Through factor analysis theory foreshadowing for the concrete research, the choice of all investors and to optimize the investment orientation provides the experience for reference. The clustering analysis method is introduced into the securities investment analysis, set up the comprehensive evaluation index system, comprehensive measure sample stock similarity. And then through the cluster analysis model to determine the scope of the investment and investment value. This method can help investors to accurately understand and grasp the overall characteristics of stock, predict the stock development potential, and through the classs overall price level can be used to predict the change trend of the stock price, choose good investment opportunity. 引言： 中国证券业自二十世纪九十年代至今正在迅速发展壮大，随着我国市场经济建设的不断发展，人们的金融投资意识也在日益加强，越来越多的投资者把目光放到了证券市场。但是由于我国起步较晚，证券业在发展中也存在不少问题。投资者往往只注重短期投资而忽略了长期投资。没有一个理性的投资态度很难在投资中获得收益。所以想在证券投资中获得回报就得认真的分析上市公司的过去的业绩并推测出未来的发展，找出具有投资价值的股票，进行长期投资。上市公司的财务指标能反映出公司的财务信息，但是如果投