对证券市场风险问题防范的思考.docx

对证券市场风险问题防范的思考 摘?要 当代经济发展中，证券风险是最重要的课题之一。我们在证券投资市场上， 可能遇到各种各样的风险，如外汇风险，利率风险，信用风险，流动性风险， 证券市场价格风险等。本文主要探讨证券投资中的各种风险的测量及怎样防范 风险从而降低风险的损害。 本文从数学的角度与证券投资角度来剖析这些风险的各种属性，运用统计学， 运筹学等方面的知识来进行风险管理。阐述基于我国当前现状的视角下，通过 对发达国家的借鉴以探析我国证券市场风险管理方案。 本文将首先从风险的定义开始论述，具体说明各种证券风险的分类与具体成 因，让读者对风险这个专业术语有一个具体的认识，并初步提出一些风险管理 的方法。 接着是本文的核心部分，在这里我介绍证券风险的测量与预测。我从测量与 预测两个过程来阐述，这要涉及大量的数理统计的知识和若干相数学模型。 最后，我会对一些风险管理策略进行比较与选择，并介绍一些选择的原则和配 合运用各种方法以达到风险管理的最大效果。 关键词：?风险识别；风险测量；风险预测；风险防范策略 Reflections?on?the?stock?market risk?prevention Abstract Modern?economic?development,?equity?risk?is?the?most?important issue.?We?invest?in?the?securities?market,?may?encounter?a?variety?of risks,?such?as?foreign?exchange?risk,?interest?rate?risk,?credit?risk, liquidity?risk,?market?prices?of?securities?and?other?risks.?This?paper discusses?the?various?measurements?securities?investment?risks?and?how to?prevent?risks?in?order?to?reduce?the?risk?of?damage. From?the?perspective?of?investment?securities?and?mathematical?point of?view?to?analyze?the?various?attributes?of?these?risks,?the?use?of knowledge?of?statistics,?operations?research?and?other?aspects?to?carry out?risk?management.?Elaborated?based?on?the?current?status?quo?of Chinas?Perspective,?by?reference?to?the?developed?countries?of?Chinas securities?market?risk?management?program. Then?there?is?the?core?part?of?this?paper,?here?I?introduce securities?risk?measurement?and?prediction.?My?two?process?from measurement?and?prediction?to?elaborate,?this?will?involve?a?lot?of statistics?in?the?knowledge?and?some?mathematical?model. Finally,?Im?on?some?risk?management?strategy?is?comparison?and selection,?and?introduce?some?selection?principle?and?cooperate?with using?various?techniques?to?achieve?maximum?effect?of?risk?management. Key?words:risk?identification;risk;measure;risk;prediction;risk prevention?strategies 目 录 1? 绪论............................................................. 7 1.1? 研究背景?..................................................... 7 1.2? 研究