Quantitative Analysis of Chinese New Stockholders Based on GM(1,1)

Abstract

This paper studies the relationship between amounts of new stockholders and share index in Chinese stock market. We analyze behavior characters of investors, construct a model to forecast the amounts based on grey model GM(1,1), and give the forecasting function. The function is tested by error analysis and sensitivity analysis, and proved to be an effective tool to forecast the accounts. The computing result proves the validity of the simulation fitness of accounts and stock index.