全球股票市场发展的分析 - - 集群,分类和沙普利值的整合
1Department of Applied Informatics and Mathematics in Economics, Faculty of Economic Sciences and Management, Nicolaus Copernicus University in Torun, Torun, Poland.
PloS one
|June 24, 2025
概括
全球证券交易所的发展显示出显著的异质性. 合并交易所表现出优异的表现,突出了整合作为市场增长的竞争战略.
科学领域:
- 金融经济学 金融经济学
- 数据科学数据科学数据科学
- 市场分析市场分析
背景情况:
- 全球股票交易所表现出不同的特点和动态.
- 对于市场参与者和政策制定者来说,了解这些差异至关重要.
- 以前的分析可能没有完全捕捉到推动汇率发展的因素的复杂相互作用.
研究的目的:
- 用先进的分析技术分析全球证券交易所的发展.
- 识别不同的增长模式,了解市场异质性.
- 评估市场特征和动态对交易所业绩的影响.
主要方法:
- 集群 (K-means),分类 (随机森林) 和沙普利值的整合.
- 经验分析了82个全球证券交易所的数据.
- 使用关键变量:市值,交易价值,上市公司和股票周转速度.
主要成果:
- 在全球证券交易所中发现了显著的异质性.
- 主要市场 (如中国,美国) 由于规模和活动形成了独特的集群.
- 合并交易所 (例如,欧元交易所,北欧纳斯达克) 显示出卓越的表现.
结论:
- 综合方法提供了对金融市场结构的有力的洞察力.
- 证券交易所整合成为提高全球竞争力的可行战略.
- 调查结果为未来的市场发展和战略定位提供了有价值的启示.
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