Title :
Application of the Power-Law on the Stock Price and Profit Fluctuations of Chinese Listed Banks
Author :
Liu Yuanxin ; Zhuang Yan ; Zhao Xing
Author_Institution :
Sch. of Bus. & Manage., North China Electr. Power Univ., Beijing, China
Abstract :
The idea of this study is to apply the Power-law on the Chinese listed banks to understand the fluctuations of the stock price and profit. 5 banks listed in the Chinese stock exchange are analyzed in this paper. Recursive procedures based on empirical distribution tests are used to determine the threshold number of observations in the tail estimation.
Keywords :
banking; pricing; profitability; recursive estimation; stock markets; Chinese listed bank; Chinese stock exchange; empirical distribution test; power law; stock price fluctuation; stock profit fluctuation; tail estimation; Biological system modeling; Fitting; Fluctuations; Gaussian distribution; Indexes; Security; Stock markets;
Conference_Titel :
Management and Service Science (MASS), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-5325-2
Electronic_ISBN :
978-1-4244-5326-9
DOI :
10.1109/ICMSS.2010.5576531
