文章基本信息

标题：The Relationship Between Price And Volume For The Russian Trading System
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作者：Carl B. McGowan, Jr. ; Junaina Muhammad
期刊名称：International Business & Economics Research Journal
印刷版ISSN：1535-0754
电子版ISSN：2157-9393
出版年度：2012
卷号：11
期号：9
页码：963-970
语种：English
出版社：The Clute Institute for Academic Research
摘要：The objective of this study is to analyze the relationship between the Russian Trading System Index and trading volume for the Russian Trading System Index. We use daily closing price and trading volume for the data for the RTS Index from September 4, 1995 to November 8, 2011 . We find a positive statistically significant relationship between the natural logarithm of price volume changes and changes in the RTS Index and for the natural logarithm of price volume changes relative to a five-day average of price volume changes; thus the impact of trading volume is persistent.
关键词：The Stock Price Trading Volume Relationship;Market Efficiency;Russian Trading System