为什么跨部门分析师覆盖范围包含整个市场的信息?
1School of Economics and Management, Wuhan University, Wuhan 430072, China.
Entropy (Basel, Switzerland)
|April 26, 2024
概括
安全分析师 安全分析师
科学领域:
- 经验金融是经验金融.
- 信息经济学 信息经济学
- 市场微观结构 市场微观结构
背景情况:
- 在中国股票市场的横截面分析师覆盖.
- 分析涵盖了2011-2020年期间的上海和香港市场.
- 现有的文献通常假设分析师专注于特定公司的信息.
研究的目的:
- 调查分析师在中国股票市场的报道分布情况.
- 探索分析师覆盖范围和市场范围信息之间的关系.
- 为观察到的模式提供基于的解释.
主要方法:
- 对横截面分析师覆盖率数据的实证分析.
- 最大原则 (MEP) 的应用.
- 统计建模以评估预测能力.
主要成果:
- 分析师的覆盖范围在中国市场的指数分布.
- 分布参数与整个市场的信息水平相关.
- 平均分析师覆盖率预测股票市场的不确定性较低.
- 经验证据表明,分析师可以生成整个市场的信息.
结论:
- 分析师覆盖率的指数分布是由最大原则解释的.
- 安全分析师在减少整体市场不确定性方面发挥着至关重要的作用.
- 这些发现挑战了关于分析师信息生成的传统观点,强调了整个市场的贡献.
更多相关视频
07:41Performing Data Mining And Integrative Analysis Of Biomarker in Breast Cancer Using Multiple Publicly Accessible Databases
Published on: May 17, 2019
9.0K
06:16Signal Acquisition, Score Interpretation, and Economics of a Non-Invasive Point-of-Care Test for Coronary Artery Disease
Published on: August 9, 2024
401
相关概念视频
Actuarial Approach
77
The actuarial approach, a statistical method originally developed for life insurance risk assessment, is widely used to calculate survival rates in clinical and population studies. This method accounts for participants lost to follow-up or those who die from causes unrelated to the study, ensuring a more accurate representation of survival probabilities.
Consider the example of a high-risk surgical procedure with significant early-stage mortality. A two-year clinical study is conducted,...
Consider the example of a high-risk surgical procedure with significant early-stage mortality. A two-year clinical study is conducted,...
77
Cross-Sectional Research
11.3K
In cross-sectional research, a researcher compares multiple segments of the population at the same time. If they were interested in people's dietary habits, the researcher might directly compare different groups of people by age. Instead of following a group of people for 20 years to see how their dietary habits changed from decade to decade, the researcher would study a group of 20-year-old individuals and compare them to a group of 30-year-old individuals and a group of 40-year-old...
11.3K
Econometric Views (EViews)
141
Econometric Views, often stylized as EViews, is a package that merges statistical analysis with econometric studies. It is designed to provide tools for time series analysis, forecasting, and econometric model simulation. The software originated from MicroTSP software and has evolved significantly since its inception in 1981. The history of EViews is marked by a continuous effort to enhance its computational speed and user interface. It was initially developed for large computing systems but...
141
Statistical Analysis: Overview
6.6K
When we take repeated measurements on the same or replicated samples, we will observe inconsistencies in the magnitude. These inconsistencies are called errors. To categorize and characterize these results and their errors, the researcher can use statistical analysis to determine the quality of the measurements and/or suitability of the methods.
One of the most commonly used statistical quantifiers is the mean, which is the ratio between the sum of the numerical values of all results and the...
One of the most commonly used statistical quantifiers is the mean, which is the ratio between the sum of the numerical values of all results and the...
6.6K
Quantitative Analysis
290
Quantitative analysis is a technique for measuring the amount of specific constituents in a sample. When the sample's composition is unknown, qualitative analysis is performed first to identify its components, which ensures that the correct substances are measured during the quantitative phase.
In quantitative analysis, two key measurements are made: the sample quantity and a property proportional to the amount of the analyte (the substance being analyzed). This forms the basis of the...
In quantitative analysis, two key measurements are made: the sample quantity and a property proportional to the amount of the analyte (the substance being analyzed). This forms the basis of the...
290
Statistical Analysis System (SAS)
165
SAS, short for Statistical Analysis System, is a powerful data analysis, management, and visualization tool. Developed by the SAS Institute in the early 1970s, SAS has evolved into a comprehensive software suite used across various industries for statistical analysis, business intelligence, and predictive modeling.
Applications: SAS finds applications in numerous fields, including healthcare for clinical trial analysis, finance for risk assessment, marketing for customer data analysis, and...
Applications: SAS finds applications in numerous fields, including healthcare for clinical trial analysis, finance for risk assessment, marketing for customer data analysis, and...
165
