Pan Li-hua, Li Jian-xin, Shen Guang-ming, et al. Empirical Analysis of the Investment Strategy of Dollar-cost Averaging in China Stock Market[J]. 2012, 29(4): 82-89.
Pan Li-hua, Li Jian-xin, Shen Guang-ming, et al. Empirical Analysis of the Investment Strategy of Dollar-cost Averaging in China Stock Market[J]. 2012, 29(4): 82-89.DOI: 10.3969/j.issn.1007-7162.2012.04.017.
the investment strategy was analysed quantitatively. The expression about the rate of stock return was achieved
and the main influence factors of stock yield were summarized through mathematical analysis. The investment strategy ensuring profit in the way of the dollar-cost averaging was concluded: finding the company with well growth
choosing the security with lower costs according to the intrinsic value
and persevering in long-term investment by following the trends of the company growth. An empirical analysis has been conducted to verify the credibility of these principles. Generally
dollar-cost averaging can not always assure the profit
but it provides the stock investor with an investment strategy to guarantee profit.