Research on the impact of weather on China's market yield
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DOI: 10.25236/iwass.2018.165
Corresponding Author
Zhang Huiyi
Abstract
This paper selects the return rate of the Shanghai Composite Index to replace the market index, and uses the temperature index, humidity index, and sunshine duration index to describe the weather. This paper selects data from two databases: one is the data of the Shanghai Composite Index, which is from the Guotaian database, and the selection range is from October 1, 2016 to September 30, 2017. The second is the weather data, which is from the website http://www.wunderground.com, because China's climate can basically be divided into seven regions, the climate of each region is basically the same, according to the information from the Shanghai Stock Exchange to the regional distribution. The size of the exchange members, select representative cities that have a greater impact on the stock market.
Keywords
The Weather, Market Yield, Technological Innovation, Dag Analysis