基金定期定额投资策略优化研究
发布时间：2018-08-31 08:49
【摘要】：在个人理财实务中,定期定额投资法在国外颇为流行,备受推崇,在我国的证券市场也同样适用。特别是对于大量投资新手来说,基金定期定额投资的门槛很低,方便、实用。 定期定额投资最大的特点在于其现金流,即所投入的资金每隔一段相同时间,等额投入。定期定额投资法的原理就在于不断买入,降低择时风险。而定期定额投资的平均成本是本文的研究重点,贯穿整篇论文中。本文运用了平均成本线、移动平均成本线进行分析,并探讨了不同市场走势形态下,基金定期定额投资的绩效,揭示了其运作机理。 通过研究得出,定期定额投资具有其独特优势,可以降低择时风险。在非单向下跌市场中,总有盈利的机会。特别是对于中国近年来的震荡股票市场,定期定额投资就更加适用了。通过各种方面的优化,可以进一步提高定期定额投资的绩效。根据本文相关理论所建立的定期定额投资策略,在投资实战中具有指导意义,特别对于非专业人士进行证券投资。
[Abstract]:In the practice of personal finance, the periodic quota investment law is very popular in foreign countries, highly respected, and also applicable in our country's securities market. Especially for a large number of investment novice, the fund regular quota investment threshold is very low, convenient, practical. The biggest characteristic of fixed investment is its cash flow, that is, the same amount of investment every other time. The principle of fixed-term investment law is to keep buying and reduce the risk of timing. The average cost of fixed-time quota investment is the focus of this paper, throughout the whole paper. In this paper, the average cost line and moving average cost line are used to analyze, and the performance of periodic quota investment in different market trends is discussed, and the operating mechanism is revealed. It is concluded that fixed-term investment has its unique advantages and can reduce the risk of timing. In a non-one-way market, there is always a chance to make a profit. Especially for China's volatile stock market in recent years, fixed investment is more applicable. Through various aspects of optimization, can further improve the performance of fixed-term investment. The fixed quota investment strategy, which is established according to the relevant theories in this paper, is of guiding significance in the investment practice, especially for the non-professionals.
【学位授予单位】：华东师范大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.51
本文编号：2214493
[Abstract]:In the practice of personal finance, the periodic quota investment law is very popular in foreign countries, highly respected, and also applicable in our country's securities market. Especially for a large number of investment novice, the fund regular quota investment threshold is very low, convenient, practical. The biggest characteristic of fixed investment is its cash flow, that is, the same amount of investment every other time. The principle of fixed-term investment law is to keep buying and reduce the risk of timing. The average cost of fixed-time quota investment is the focus of this paper, throughout the whole paper. In this paper, the average cost line and moving average cost line are used to analyze, and the performance of periodic quota investment in different market trends is discussed, and the operating mechanism is revealed. It is concluded that fixed-term investment has its unique advantages and can reduce the risk of timing. In a non-one-way market, there is always a chance to make a profit. Especially for China's volatile stock market in recent years, fixed investment is more applicable. Through various aspects of optimization, can further improve the performance of fixed-term investment. The fixed quota investment strategy, which is established according to the relevant theories in this paper, is of guiding significance in the investment practice, especially for the non-professionals.
【学位授予单位】：华东师范大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.51
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