The Research of the Relationship between E-Newspapers and Stock Price

碩士 === 中國文化大學 === 資訊管理研究所 === 91 === With the technological advancements in media, not only is there lots of news and information regarding the stock market, but the speed of these are also fast, the billing method is no longer limited to a face to face transaction, it seems modern technology has ch...

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Bibliographic Details
Main Authors: Yeh-Wei Yin, 尹業瑋
Other Authors: Jaw-Sin Su
Format: Others
Language:zh-TW
Published: 2003
Online Access:http://ndltd.ncl.edu.tw/handle/31158338815798619349
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Summary:碩士 === 中國文化大學 === 資訊管理研究所 === 91 === With the technological advancements in media, not only is there lots of news and information regarding the stock market, but the speed of these are also fast, the billing method is no longer limited to a face to face transaction, it seems modern technology has changed everything. Therefore, because of the information is spread, this could be an impact on the stock market. Therefore, the faster that correct information can be received from electronic newspaper the more the investment strategy can get. This study we use the popular Statistical Process Control method assistant by industrial manufacturing to find out the impact on the stock market news from Internet. In this study, the Quality Control Chart is the foundation, which was developed into a Judge Chart to show whether the stock is normal or abnormal. This complements three zones: accumulative segment method, random segment method and fixed segment method, while carrying out analysis of “mean of periods”, method to analyse abnormal stock periods, we can analyse abnormal stock periods and abnormal trends. From this study, from the results of the analysis of accumulative segment method found that Internet news affects the stock value in a extremely short-term effect, and shows that it can affect the trend. Regard the other two zones: random segment method and fixed segment method, it seems as if no evidence of an influence from the spread of electronic newspaper on the value of the stock can be found, therefore it is necessary to carry out further advanced studies to improve the development of there methods.