研究上市公司中水渔业的股价与内在价值的相关性

Study on the Correlation between the Stock Price and the Intrinsic Value of Fisheries Listed Companies

基于赵志君修正后的剩余收益模型,研究分析了上市公司中水渔业1998—2016年股价与内在价值的相关性,验证了价值决定理论在中水渔业的适用性。通过实证分析,大致可以得出:上市公司中水渔业股价与内在价值是相关的,价值决定理论在中水渔业具有一定的适用性,由于我国渔业发展的不均衡及我国股票市场有效性不充分,导致上市公司股价与内在价值的偏离度大而且不稳定。

Based on the residual income model after ZHAO Zhijun′s revision,this paper analyzes the relationship between the stock price,the intrinsic value and the degree of deviation,and the correlation between the stock price and the intrinsic value of the fishery listed companies from 1998 to 2016,and validates the value determine the applicability of theory in fishery listed companies.Through empirical analysis,it can be concluded that the stock price of fishery listed companies is related to the intrinsic value.The value decision theory has a certain applicability in the fishery listed companies.As a result of the imbalance in the development of fishery in China and the insufficient effectiveness of China′s stock market,the deviation is large and unstable.