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《Systems Engineering》 2001-01
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Empirical Study on the Shanghai Stock Exchange and Shenzhen Stock Exchange with R/S

ZHANG Wei,HUANG Xing (School of Management,Tianjin University,Tianjin 300000, China)  
This paper analyses the stock return of the Shanghai Stock Exchange and Shenzhen Stock Exchange. The analysis utilizes the method of Rescaled Range Analysis. The result of the analysis shows that the stock return of Chinese stock exchange follow a biased random walk.
【CateGory Index】: F830.9
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