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个股的信息来源与龙头股效应 被引量:4
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作者 宋逢明 唐俊 《金融研究》 CSSCI 北大核心 2002年第6期1-11,共11页
本文从中国股票市场的特点出发 ,根据股票信息结构的不同 ,将股票分为龙头股和跟随股两类 ,构造了两种类型股票不同的信息来源与传导模型 ,同时利用中国股票市场的历史数据验证了以下三个主要结论 :1 .中国股票市场存在着龙头股和跟随... 本文从中国股票市场的特点出发 ,根据股票信息结构的不同 ,将股票分为龙头股和跟随股两类 ,构造了两种类型股票不同的信息来源与传导模型 ,同时利用中国股票市场的历史数据验证了以下三个主要结论 :1 .中国股票市场存在着龙头股和跟随股之间的交叉自相关性 ;2 .个股之间的交叉自相关性使得个股收益率与市场收益率的相关系数增大 ,且跟随股的相关系数大于龙头股 ;3.由于跟随股的投资者错误地根据龙头股的个股信息定价 ,因此跟随股有较为明显的过度反应现象。根据本文的结论 ,跟随股投资者盲目跟随龙头股价格变化调整股票预期价格的做法将造成投资损失。 展开更多
关键词 信息来源 龙头股 交叉自相关 中国 股票市场 信息结构 收益率 跟随股 信息传导机制
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Quantitative deconvolution of autocorrelations and cross correlations from two-dimensional lifetime decay maps in fluorescence lifetime correlation spectroscopy 被引量:2
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作者 Shanshan Gao Menghua Cui +3 位作者 Ruiru Li Ling Liang Ying Liu Liming Xie 《Science Bulletin》 SCIE EI CAS CSCD 2017年第1期9-15,共7页
Fluorescence correlation spectroscopy (FCS) is a widely used method for measuring molecular diffusion and chemical kinetics. However, when a mixture of fluorescent species is taken into account, the conven- tional F... Fluorescence correlation spectroscopy (FCS) is a widely used method for measuring molecular diffusion and chemical kinetics. However, when a mixture of fluorescent species is taken into account, the conven- tional FCS method has limitations in extracting autocorrelations for different species and cross correla- tions between different species. Recently developed fluorescence lifetime correlation spectroscopy (FLCS) based on time-tagged time-resolved (TITR) photon recording, which can record the global and micro arrival time for each individual photon, has been used to discriminate different species according to fluorescence lifetime. Here, based on two-dimensional lifetime decay maps constructed from TITR photon stream, we have developed a quantitative lifetime-deconvolution FCS model (LDFCS) to extract precise chemical rates for chemical conversions in multi-species systems. The key point of LDFCS model is separation of different species according to the global distribution of fluorescence lifetime and then deconvolution of autocorrelations and cross-correlations from the two-dimensional lifetime decay maps constructed bv the micro arrival times of photon pairs at each delay time. 展开更多
关键词 Fluorescence lifetime Fluorescence correlation spectroscopy Cross correlation
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