Research on the Interaction of Inflation, Stock Price and Development Trend of Trading Volume

DOI

10.2991/icemaess-18.2018.143How to use a DOI?

Keywords

stock price; trading volume; inflation

Abstract

The stock price index, consumer price index and the trading volume index are mutually causal, and the trading volume can be used as a leading indicator or early-warning indicator of the stock price to predict the future trend of stock price; in the long-term equilibrium model, there is negative correlation between stock price and inflation, and between trading volume and inflation; in the error correction model, trading volume is positive correlated with inflation and stock price, especially impacted largest by inflation. It shows that in the short run, the fluctuation of previous inflation will definitely bring about large fluctuation in current trading volume, which will be adjusted within a month with a ratio of 1.528, indicating that the trading volume strongly depends on inflation, followed by stock price.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhiwei Shao
PY  - 2018/11
DA  - 2018/11
TI  - Research on the Interaction of Inflation, Stock Price and Development Trend of Trading Volume
BT  - Proceedings of the 2018 5th International Conference on Education, Management, Arts, Economics and Social Science (ICEMAESS 2018)
PB  - Atlantis Press
SP  - 713
EP  - 718
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemaess-18.2018.143
DO  - 10.2991/icemaess-18.2018.143
ID  - Shao2018/11
ER  -