Excess rate of return refers to the rate of return that exceeds the normal (expected) rate of return, which is equal to the rate of return on a certain day MINUS the normal (expected) rate of return required by investors (or markets) on that day. The excess rate of return is the difference between the actual rate of return of a stock and its normal rate of return, in which the normal rate of return is the expected rate of return when the event does not occur. Here we use the data of the above parameter estimation period to estimate the normal rate of return. Here we choose the market model, which is expressed as: Rit = αi+βiRim+εit.
Among them, Rit is the actual rate of return of stock I in T period; Rim is the yield of T-period market, which is expressed by celestial circulation index; ε It is a random perturbation term.
In the flush software, is the excess rate of return indicated by macd indicator 27% or something else? MACD is called the similarity and difference between exponential smma (convergence and divergence of moving average). Developed from the double moving average, the fast moving average is subtracted from the slow moving average. MACD has the same meaning as the double moving average, but it is easier to read.
When MACD turns from positive to negative, it is a signal to buy. When MACD turns from negative to positive, it is a signal to sell. When MACD changes at a large angle, it means that the gap between the fast and slow moving averages will soon open, which represents the change of market trends. MACD was put forward by Gé rard Appel in 1979. It is the short-term advantage (generally 12 days) and the long-term moving average (generally 26 days). The aggregation conditions of the moving average and the distance between the group buying lines and the selling opportunities are also judged by technical indicators. Parameters: SHORT, LONG, day M, usually12,26,9.
The formula is as follows:
Weighted average index (DI)= (the highest index of the day+the cut-off date of the index +2 the lowest index of the day)
12 daily smoothing coefficient (l12) = 2/(12+1) = 0.1538.
On the 26th day, the smoothing coefficient (L26) = 2/(26+1) = 0.0741.
22 EMA (EMA on 12) = l 12× closing index+11(12+1)× yesterday12,26 EMA.
Average index (26-day moving average) = L26× closing index +25 /(26+1)× yesterday's 26-day moving average.
Slave rate (DIF) difference = 12 moving average, and the average EMA value (DEA)= DIF 29-day temperature difference on 26th = the latest 9th and/9th of DIF.
Column value (bar) = DIF- data envelopment analysis
MACD =(DIF- DIF of the day before yesterday) × 0.2+MACD of yesterday.
Why are there many loopholes in the setting that the total profit and loss displayed by the flush is inconsistent with the rate of return? The stock I bought before was ex-dividend, which directly showed a loss of 40%.
How to calculate the excess rate of return of listed companies refers to the rate of return that exceeds the normal (expected) rate of return, which is equal to the rate of return on a certain day MINUS the normal (expected) rate of return required by investors (or markets) on that day.
Edit the calculation method of excess rate of return in this section.
The excess rate of return is the difference between the actual rate of return of a stock and its normal rate of return, in which the normal rate of return is the expected rate of return when the event does not occur. Here we use the data of the above parameter estimation period to estimate the normal rate of return. Here we choose the market model, which is expressed as: Rit = αi+βiRim+εit, where Rit is the actual rate of return of stock I in T period; Rim is the yield of T-period market, which is expressed by celestial circulation index; ε It is a random perturbation term. Regression of the above formula with the least square estimation method, estimation of αi and βi with the data of parameter estimation period, assuming that V and βi remain unchanged during the event period, so that we can get the excess return rate and cumulative excess return rate during the event period:
Among them, ARit is the calculated excess return of stock I in event period T, Rit is the actual return of stock I in event period T, Rim is the celestial circulation index (market return rate) of event period T, αi and βi are the parameter values estimated by market model, CARit is the cumulative excess return of stock I in event period T, AARt is the average excess return of event period T, and CARt is the cumulative average excess return of event period T. ..
Stock excess return algorithm, how to find the excess return of the stock Excess return is the difference between the actual return of the stock and its normal return, where the normal return is the expected return when the event does not occur. Here we use the data of the above parameter estimation period to estimate the normal rate of return. Here we choose the market model, which is expressed as: Rit = αi+βiRim+εit.
Among them, Rit is the actual rate of return of stock I in T period; Rim is the yield of T-period market, which is expressed by celestial circulation index; ε It is a random perturbation term.
Regression of the above formula with the least square estimation method, estimation of αi and βi with the data of parameter estimation period, assuming that V and βi remain unchanged during the event period, so that we can get the excess return rate and cumulative excess return rate during the event period:
Among them, ARit is the calculated excess return of stock I in event period T, Rit is the actual return of stock I in event period T, Rim is the celestial circulation index (market return rate) of event period T, αi and βi are the parameter values estimated by market model, CARit is the cumulative excess return of stock I in event period T, AARt is the average excess return of event period T, and CARt is the cumulative average excess return of event period T. ..
How about straight flush Yinglibao? I bought 10,000 yuan of southern cash A on 20 13, and took it out one year later. The income was higher than that of Yu 'ebao.
Can I buy these funds in the straight flush? The yield is too high to be fooled! China Merchants Bank also has a consignment fund. You can refer to China Merchants Bank Five-Star Select Fund (:fund.cmbchina./fundpages/openfund/openfundfilter.aspx? Filter=00000050), warm reminder: the fund is risky and needs to be cautious in investment.
How to check the historical monthly return rate of individual stocks, can I use a straight flush? How can I check? Waiting to do your homework, hurry up! In the top toolbar, click Analysis-Stage Statistics. After entering the window, you will see "stage statistics, starting time: xxxx-xx-xx, ending time: xxxx-xx-xx, prompt: double-click here to modify the time and click the header to sort".
For example, if the date you want to check is 20 10, 12-0 1, and the deadline is 2010/2-31,just tick it. Very convenient.
Where can I find the stock market return rate Rm used to calculate the cumulative excess return rate? Search method: press F 10 or enter 10 in the stock software to confirm.
Dividend rate, also known as yield, refers to the ratio of dividends or bonuses distributed by joint-stock companies in cash to the stock market price. This rate of return can be used to calculate the dividend yield, and it can also be used to predict the possible dividend yield in the future.
Stock yield = income/original investment
When the stock is not sold, the amount of income is the dividend.
Indicators to measure the level of stock investment income mainly include dividend yield, holding period yield and post-share split holding period yield.
The level indicators to measure the return on stock investment mainly include dividend yield, holding period yield and share split post-holding period yield.
1. dividend yield
The dividend yield, also known as the rate of return, refers to the ratio of dividends or bonuses distributed by joint-stock companies in cash to the stock market price, and its calculation formula is:
This rate of return can be used to calculate the dividend rate that has been obtained and to predict the possible dividend rate in the future.
2. Holding period yield
Holding period yield refers to the ratio of the sum of dividend income and bid-ask spread during the period when investors hold stocks to the purchase price of stocks. Its calculation formula is:
If the stock has no expiration date, investors will hold the stock for a short time, ranging from a few days to several years. The holding period rate of return reflects the proportion of investors' total dividend income and capital gains in the investment principal in a certain holding period. Holding period yield is one of the most concerned indicators for investors, but if we want to compare it with other financial assets such as bond yield and bank interest rate, we must pay attention to time comparability, that is, we must convert holding period yield into annual interest rate.
3. Retention period recovery rate
The holding period recovery rate refers to the ratio of the sum of cash dividend income and stock selling price to the stock buying price during the period when investors hold stocks. This indicator mainly reflects the rebound of investment. If the stock price falls or is improperly operated after investors buy the stock, the selling price of the stock may be lower than the buying price, or even the holding period yield is negative. At this time, the holding period yield can be used as an auxiliary index to calculate the recovery ratio of investment principal. Its calculation formula is:
4. The holding period yield after stock split.
After investors buy stocks, the market price of the stock market and the number of stocks held by investors will change when joint-stock companies distribute stock dividends or conduct stock share split (namely share split). Therefore, it is necessary to adjust the share price and number of shares after the split share structure to calculate the holding period return rate after the split share structure. Its calculation formula is: (closing price-opening price)/opening price The calculation formula of stock return rate = return amount/original investment amount, in which: return amount = recovered investment amount+all dividends-(original investment amount+all commissions+taxes).