Dispersal degree test and cross sectional absolute deviation test are two kinds of methods to test herding behavior on the financial market 摘要分散度检验法和横截面收益绝对差检验法是检验证券市场中羊群行为的两种方法。
This paper brings forward a quick algorithm theory of least absolute deviation estimator ( lad ) in order to solve the difficult problem of the calculation of lad 本文针对最小一乘估计计算困难的问题,提出了最小一乘估计的快速算法理论。
Least squares regression is vulnerable to singular point ; least absolute deviations can overcome this shortcoming but difficult in calculation 摘要采用最小二乘法进行回归分析,容易受到奇异点的影响;最小一乘法虽能很好地克服这一缺陷,但又存在计算困难。
This article applies the across - sectional absolute deviation of return ( csad ) , proves that there exists herding behavior on chinese stock market 采用横截面收益的绝对差( csad )的方法,对我国股票市场是否存在“羊群行为”进行了实证研究,得到我国的股票市场中确实存在著羊群行为。
The press come from shares holder is one cause too . this paper then make an empirical research on herd behavior in stock markets with measuring cross - sectional absolute deviation , csad 该方法的原假设是基金独立决策,在一段时间间隔内,买入某只股票的基金数量的概率分布为二项分布。
In statistics, the absolute deviation of an element of a data set is the absolute difference between that element and a given point. Typically the point from which the deviation is measured is a measure of central tendency, most often the median or sometimes the mean of the data set.