Title :
A Theoretical Study on the Plasticity Property of Stock Price
Author :
Zhai Ai-mei ; Wang Xue-feng ; Wang Lin
Author_Institution :
Sch. of Bus., Sun Yat-sen Univ., Guangzhou
Abstract :
The plasticity property of stock price is studied according to the relation between stock price and trading volume. Some new concepts, such as equilibrium price and the plasticity of stock price, are introduced. A stock price plasticity model based on price and volume is established by econometrical method used to analyze the plasticity property of stock price, and the parameters in the model are estimated and tested. The results reveal that the stock price possesses the plasticity property.
Keywords :
commerce; econometrics; pricing; stock markets; econometrical method; parameter estimation; stock price plasticity property; trading volume; Coils; Econometrics; Elasticity; Fluctuations; Pressing; Springs; Stock markets; Sun; Technology management; Testing;
Conference_Titel :
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4244-1311-9
DOI :
10.1109/WICOM.2007.1008
