股权投资综合指数体系设计与资本市场相对力度分析的研究

多层次资本市场的财经指数应由股票投资市场的指数和股权投资市场的指数共同组成,以我国股权投资市场为研究对象,提出中国股权投资综合指数体系的编制方法,是对我国财经指数研究领域的一个重要补充。股权投资综合指数计算结果表明股权投资市场的总体活跃程度在2011年呈现上升趋势,在2012年到2013年间呈现下降趋势;可选消费行业的股权投资平均活跃程度最高,医药卫生行业的股权投资平均活跃程度最低。进一步探讨股票投资市场和股权投资市场之间相对力度分析指标,2011年股票投资市场相比股权投资市场的相对力度呈现快速下降趋势,2012年到2013年呈现低位波动调整状态;在医药卫生行业领域,股票投资市场相对于股权投资市场的活跃程度更强势一些,资本市场投资资金在医药卫生行业的投向上更倾向于股票投资市场。

Composite Index System of Equity Investment and Analysis of the Relative Intensity of the Capital Market

Multi-level capital market finance indexes determined by the indices of stock market and the equity market investment, this paper proposes the index system of equity investment and gives the research method and calculation results, then analyzes the relative intensity of the equity market and equity market. The results shows that the overall level of activity in the equity market on the rise in 2011, and downward trend in 2012 to 2013; Consumer industries have highest level of average active equity investment. Further explore the relative strength indicators between the stock market and the equity market investments, stock market investments showed a rapid decline compared to the equity markets in 2011 and 2012 to 2013 showed low volatility adjustment of status. Capital investment funds are more inclined to invest stock market in the pharmaceutical and health industry.