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第九章 股價指數

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第九章 股價指數. 9.1 股價指數公式. 1. 簡單算術平均數指數. 簡單算術平均數指數 = (  P it / n ) / (  P io / n )  100 ,. 其中 P i0 = 第 i 個樣本基期時的價格; P it = 第 i 個樣本第 t 期的價格; n = 樣本的總數。. 2. 加權指數. - PowerPoint PPT Presentation

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  • 9.1 1. = (Pit / n) / (Pio / n) 100 Pi0 = i Pit = i t n = *

  • 2. = (PitQit/ Pi0Qit) 100 =P1tQ1t+P2tQ2t++PntQnt)/(P10Q10+P20Q20++Pn0Qn0) 100 = (PitQi0/Pi0Qi0) 100 = (P1tQ10+P2tQ20++PntQn0)/(P10Q10+P20Q20++Pn0Qn0) 100 Pi0 = i Pit = i t Qi0 = i Qit = i t n = *

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    $10 1. Australia 3241,217428 2. Austria GZ Aktien Index 2597333. Belgium 186172185 4. Canada 3003,767801 5. Denmark 38233105 6. Finland KOP (Kansallis Osake-Pannki) Price Index147349 7. France CAC 40 CAC 249 9681,475 8. Germany DAX FAZ 9331,432

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    $10 9. Hong Kong (Hang Seng) 3366534410. Ireland J&E Davy Total Market Index844211. Italy Banca Commerziale 20924172812. Japan (Nikkei) 225 (Topix) 1,097 2,4704,54713.LuxembourgDomestic Share Price Index 92471.514.Malaysia 8379511715.Netherlands ANP-CBS General Index 5134469516.N.Zealand (Barclays) 401142817. Norway 5019564

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    $10 18.Singapore (Strait Times) 3035519819.South AfricaJSE Actuaries Index 14161620520.Spain 7271843221.Sweden Jacobson & Ponsbach 3027737322.SwitzerlandSociete de Banque Suisse 9023969323.UK 30 (FT-30) 100 (FT-100)1,9452,93324.US (DJIA) 30 (S&P) 500 4,6277,65116,635

  • 9.2 1. (1) (DJIA) (DJIA) 30 (Blue Chips) Dadj Dadj = 30 = Pit / Dadj*

  • (2) (Standard & Poors' Indexes) = {PitQit / Pi0Qi0} 100n = 500 500 (3) (NYSE Indexes) 1966 5 (4) (NASDAQ Indexes) (NASD) 7 (NASDAQ Composite Index) *

  • 2. (1) (Nikkei Average Index) (TSE II Index)(3) (TSE II Index) 1969 7 (TSE Price Index ,Topix) 1968 1 4 () (1,000 )(2) (Tokyo Stock Exchange Index, Topix) 1949 225 *

  • 3. 30 30 (FT-30 Index) FTSE Eurotop 100 100 FTSE Eurotrack 100 SEAQ International 100 (FT Actuaries Indexes) (2) (Financial Times Actuaries Share Indexes)(1) (Financial Times Ordinary Share Index)*

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    FTSE All-Share1962FTSE 1001984 100 FTSE Mid 2501992FT-SE 100 250 FTSE-A 3501992 FT-SE 100 FT-SE Mid 250 FTSE Small Cap1992FTSE Small Cap Excluding Investment Trust1992 FT-SE Small Cap

  • 4. (1) (German Stock Indexes) Commerz Bank Commerz FAZ FAZ (Frankfurter Allgemine Zeitung) 100 DAX 100 100 1987 500 DAX 30 (DBAG) 30 (Laspeyres) 1987 1,000 DAX (Deutscher Aktienindex)*

  • (2) (French Stock Indexes) CAC 40 (PSE) 40 1987 Euronext () 2000 9 Euronext 100 Euronext 100 1999 1,000MidCAC (1995 5 )CAC 249 *

  • (Morgan Stanley Capital International, MSCI) (Geneva) 3 19 38 70% (Capital International World Index)9.3 *

  • 2000 5 49 (FTSE All World Index) (FT-Actuaries World Index) 24 2 1986 12 31 (Dow Jones World Stock Index) 1993 1 10 2,200 13 *

  • 9.4 1. 1962 ( 51 ) 2 1971 ( 60 ) () n = = {PQit / Pi0Qit} 100 Pit = i t Qit = i t *

  • () (4) ()(3) (2) 1966 (1) *

  • 2. 1973 ( 62 ) 4 Pi0 i 1983 3. (EOSI) = (Pit/n)/ (Pi0/n) 100 = 1/n (Pit / Pi0) 400 *

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