The GARCH Analysis of YU'EBAO Annual Yields

摘要

As the important tool of network finance, YU'EBAO has highly financial product yield, liquidity and other advantages compared with bank. But accompanied by such financial products innovation, their earnings also gradually fell back. By Eviews 6.0, the paper studies YU'EBAO annual yields from May 30, 2013 to September 5, 2014, establishes the financial time series of the ARCH model, compares and concludes T - GARCH better fitting of the volatility of its annual yield condition, the paper would help network investors forecast the earnings trend.