南京师范大学学报（工程技术版）Issue(2)：87-92,6.
邮票投资与股票投资多元化问题研究--基于中国和英国的邮票价格指数研究
Research on Stamp Investment and Diversification for Stock Investment-Based on the Research of Chinese and British Stamp Price Indexes
摘要
Abstract
We are inspired by British SG100 Stamp Price Index to build Chinese Stamp Price Index by ourselves. We make use of closing price and trading volume of stamps which are available online to calculate the monthly price indexes of Chi-nese stamps. The results of the Capital Asset Pricing Model regression of the monthly stamp index excess returns and the excess returns of stock indexes show that investing in Chinese stamp can’t provide portfolio diversification benefits for stock investors. Adding British stamps to Chinese stock portfolios can improve the investment performance of investors.关键词
邮票指数/股票/投资组合/分析Key words
stamp index/stock/portfolio diversification/analysis分类
管理科学引用本文复制引用
赵景东,孙文婷,冯玉英..邮票投资与股票投资多元化问题研究--基于中国和英国的邮票价格指数研究[J].南京师范大学学报（工程技术版）,2013,(2):87-92,6.基金项目
南京师范大学回国留学基金(2012031XLH192) （2012031XLH192）
