The Study Based on Cluster Analysis of Investment Value of Listed Companies in Growth Enterprise Board

摘要

As an emerging board of capital market, GEB has two important features of high-growth and high-risk levels. To fully grasp the fundamentals of listed companies have great significance for investors. In this paper, which based on the financial data which had published on September 30, 2009 of the initial 28 GEB listed companies, the penman used cluster analysis and other data mining techniques to implement an empirical study on the fundamentals of listed companies, such as profitability capacities, solvency capacities, growth capacities, expansion capabilities, operational capabilities, the level of risk and so on. With the above study, the investors can not only easily set up the investment philosophy with fundamental analysis as the main and technical analysis as the second, but also rashly find out the stocks which have real investment value for long-term investment.