[经济学]证券投资学课件5股票价格指数.ppt

第二章证券市场1、简单算术平均法：在计算出采样股票个别价格指数基础上，加总求其算术平均数。公式为：P=1/n*∑P(1i)/P(0i)*100某股市四种股票交易表第二章证券市场可得：股价指数=1/4*（8/5+12/8+14/10+18/15）*100=142.5说明报告期的股份比基期(基期为100)上升了42.5个百分点。第二章证券市场东京证券交易所1969.7.1所有上市股票1968.1.4100东证股票价格指数日本经济新闻社1950225只1950.9.71000日经股票价格指数《金融时报》301935.7.1100金融时报指数编制机构开始编制的时间编制的股票家数基日及基日指数指数名称香港恒生银行1969.11.2433只1964.7.31.100香港恒生股价指数*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyingpowerAcquiremoreequipmentwithleasingthanpurchaseFastersales/highermargins(asnotofferingdiscounts,butcustomerhasfinancetomovequickly)Accesstofinancialdecisionmakers*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyingpowerAcquiremoreequipmentwithleasingthanpurchaseFastersales/highermargins(asnotofferingdiscounts,butcustomerhasfinancetomovequickly)Accesstofinancialdecisionmakers*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyingpowerAcquiremoreequipmentwithleasingthanpurchaseFastersales/highermargins(asnotofferingdiscounts,butcustomerhasfinancetomovequickly)Accesstofinancialdecisionmakers*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyingpowerAcquiremoreequipmentwithleasingthanpurchaseFastersales/highermargins(asnotofferingdiscounts,butcustomerhasfinancetomovequickly)Accesstofinancialdecisionmakers*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyingpowerAcquiremoreequipmentwithleasingthanpurchaseFastersales/highermargins(asnotofferingdiscounts,butcustomerhasfinancetomovequickly)Accesstofinancialdecisionmakers*ImprovedSalesImprovedsalesproductivityIncreasedDealSizeEnhancescustomers’buyin