A time series analysis method was used to establish an econometric model for SINOPEC'S stock price tendency on the domestic securities market under the background of sharp oil price rises in recent years. The model w...A time series analysis method was used to establish an econometric model for SINOPEC'S stock price tendency on the domestic securities market under the background of sharp oil price rises in recent years. The model was proven to be a non-stationary time series and unit root process, as tested with the Dickey-Fuller method, and the result of a practical case showed that this model could well reflect SINOPEC stock price tendency on the securities market of China. It would be a guide for research and prediction of stock price tendency.展开更多
文摘A time series analysis method was used to establish an econometric model for SINOPEC'S stock price tendency on the domestic securities market under the background of sharp oil price rises in recent years. The model was proven to be a non-stationary time series and unit root process, as tested with the Dickey-Fuller method, and the result of a practical case showed that this model could well reflect SINOPEC stock price tendency on the securities market of China. It would be a guide for research and prediction of stock price tendency.