速度和加速度指标在投资决策中的应用

The Application of velocity and Acceleration Indices in Investment Decision

现行投资决策通用的指标是现金流量,而基于笔者以往的研究工作,本文提出了两类新的指标:速度流量和加速度流量。分析表明现金流量、速度流量和加速度流量这三类指标都是投资决策所不可少的,这三类指标所揭示的结论可能一致也可能不一致,但速度流量和加速度流量指标更能体现投资的长期收益。

Conventional financial accounting measures fund F and its change △W.Proposed 'velocity accounting'measures Velocity V=dF/dt and its change △V. Proposed 'acceleration accounting' measrnes A=dv/dt and its change △A. Cash flow is a conventional index of investment decision. This paper proposes two new types of index of investment decisiou, which are velocity flow and acceleration flow. The discussiou show that velocity flow and acceleration flow are necessary in financial analysis of investment decision, and they highlights long-term benefits of investment decision