 The Volatility and Cycle of Emerging Industry Stock Market in China: An Empirical Study Based on EEMDYing-qing Gong ()
A chapter in Proceedings of 20th International Conference on Industrial Engineering and Engineering Management, 2013, pp 279-289 from Springer Abstract: Abstract Great demand and growth potentiality of emerging industry provide a good investment opportunity for capital market. This paper proposes to analyze the volatility and cycle characteristics of the China’s emerging industry stock price by using EEMD. The IMFs decomposed by the EEMD could reveal the volatility and cycle characteristic of China’s emerging industry stock market, and furtherly reconstruct IMFs by signal test could see the short-term volatility caused by the game of the buyer and the seller, the medium-term volatility caused by events and the long-term volatility decided by the residue of emerging industry stock market. This study reveals the volatility trend and its cycle characteristic of emerging industry stock prices, which not only complement the existing research on investment in emerging industries, and also provide a reference for guiding investment practice. Keywords: EEMD; Emerging industry stock price; Volatility (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40072-8_27 Ordering information: This item can be ordered from DOI: 10.1007/978-3-642-40072-8_27 Access Statistics for this chapter More chapters in Springer Books from Springer |
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