An Econometric Model for SINOPEC Stock Price Tendency on Domestic Securities Market

An Econometric Model for SINOPEC Stock Price

Tendency on Domestic Securities Market

佚名

【期刊名称】《石油科学（英文版）》 【年(卷),期】2006(003)004

【摘要】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. 【总页数】4页(86-89)

【关键词】Econometrics;non-stationary time series;Wiener Process;unit root-process;Dickey-Fuller method 【作者】佚名

【作者单位】School of Business Administration, China University of Petroleum, Beijing 102249, China;School of Business Administration, China University of Petroleum, Beijing 102249, China 【正文语种】中文 【中图分类】