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基于当前的市场条件,深入的研究证券市场的投资行为,不仅可以帮助投资者进一步树立正确的投资理念,而且还可以促进金融体制的不断完善。由于我国股市的系统风险非常大,在投资总风险中占很高比例。因此,从反转策略与惯性策略的对比来看,反转策略有更高可能性成功,并且取得期望超常收益。反之策略更容易失败,起码对于那些难以影响股票价格的中小投资者来说,选择惯性策略或“追涨杀跌”无疑是最不利的。
Based on the current market conditions, in-depth study of the investment behavior in the securities market can not only help investors to further establish the correct investment philosophy, but also promote the continuous improvement of the financial system. Due to the very large systemic risk in China’s stock market, it accounts for a high proportion of the total investment risk. Therefore, the reversal strategy and inertia strategy comparison, the reverse strategy has a higher probability of success, and achieved extraordinary returns. On the contrary, the strategy is more likely to fail, at least for those who are difficult to affect the stock price of small and medium investors, the choice of inertia strategy or “chase sell” is undoubtedly the most unfavorable.