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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低-行业数据

图表3.2010年前成长、价值指数与高低市盈率指数相关性较低
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低
3）2010 年以后，成长、价值和高、低估值指数的相关性开始显著升高。从背后原因角度看，2010年之前，经济处于重总量的高增速发展阶段，Beta 收益主导，个股同涨同跌，Alpha 特征不明显，风格亦不明显。
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第1页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第2页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第3页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第4页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第5页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第6页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第7页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第8页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第9页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第10页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第11页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第12页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第13页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第14页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第15页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第16页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第17页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第18页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第19页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第20页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第21页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第22页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第23页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第24页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第25页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第26页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第27页
图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第28页
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图表3.2010年前成长、价值指数与高低市盈率指数相关性较低_第29页
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所属报告： A股研究框架系列：风格制胜2：成长价值二选一-241023.pdf
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