我国股票市场的弱式有效性研究

摘要

文章在采用游程检验法、符号检验法、序列相关检验法、单位根检验法和GARCH检验法等5种不同检验方法对中证证流通指数日收盘价或日收益率进行检验后得出我国的股票市场已基本达到弱式有效的结论。%After using 5 different test methods, the runs test method, symbol test, serial correlation test, the unit root test method and GARCH Inspection Act, to inspect day's closing price or the daily yield on the permit card circulation index China's stock market, this paper has reached the conclusion that China's stock market is weak-form efficiency.