基于序化机理的稳健型股票价值投资决策——一个研究框架

Research on Robust Stock Value Investing Decision Making :An Research Framework

面对资本市场风险加剧的现实背景,以"公司经营业绩与股票市场业绩一致趋优"为稳健型投资的核心要素,立足于区间数据表示、会计信息度量两个关键要素,开展稳健型股票价值投资的多准则决策建模研究。面向稳健型投资决策目标,提出满足"稳健性""局部性""全局性"3个特性的序化机理,围绕关键特征选择、特征评价、全序化建模的主体脉络建立系统性多准则决策方法,进而构建"稳健型股票价值投资决策"的研究框架。

In the practical background of the exacerbated capital market risk, this paper develops a multiple criteria decision making model focusing on the essential factor of consistent excellence between firm＇s operating performance and market success on the basis of interval data representation and accounting information measurement. Taking the feature of robustness into consideration, a ranking mechanism is proposed based on the characteristics of ＂robust, localized and overall＂. Based on the main skeleton of feature selection, feature evaluation and complete ranking modeling, this paper presents a systematic multiple criteria decision making method and further establishes the research framework of robust stock value investing decision making.