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线性回归:中国M2增速(X轴)和物价汇率综合因子
线性回归:中国M2增速(X轴)和物价汇率综合因子
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所属报告:
港股风险溢价2.0:港股估值底层逻辑再思考-251014(42页).pdf
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M2 在我们的理论推导阶段与短期增速呈负相关。当我们以物价汇率综合因子为因变量时,同步的 M2 负相关程度最大,但仍不显著。当我们以短期增速为预测对象时,我们没有找到合适的 M2 时间差——在各个时间差下,M2 都与中国美元 nGDP呈正相关。这也不难理解,M2 作为一个独立概念与中国美元 nGDP 同向增长,它们在数据上呈正相关是合情合理的。
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当前图表所属:
港股风险溢价2.0:港股估值底层逻辑再思考-251014(42页).pdf
港股风险溢价2.0:港股估值底层逻辑再思考-251014
中国美元nGDP增速及港股风险溢价预测
宏观经济指标与风险溢价的领先滞后关系匹配
恒生指数风险溢价(倒叙轴)与中国美元nGDP增速(滞后400天)
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