论内在价值模型的构建与应用

内在价值模型的建立,基本解决了对股票价值合理有效评价的问题,为理性投资者提高回报率、降低风险提供更为准确的投资依据,从而推动完善证券市场上资本的合理定价机制,使中国股市的资源配置功能发挥效力,促进中国证券市场走向成熟化、效率化。

On the Establishment and Application of the Intrinsic Value Model

The establishment of the intrinsic value model can basically solve the problem of reasonably and effectively evaluating the stock value so as to accord rational investors a more accurate investment reference which would help them increase the rate of return and reduce relevant risks. By doing so, a reasonable pricing mechanism of capital asset in the securities market may be well established and perfected with a view to bringing into full play the resource allocation functions of China’s stock market and therefore making China’s securities market more mature and highly efficient.