| Summary: | 碩士 === 國立屏東科技大學 === 企業管理系所 === 103 === Based on the Five-Phases Allelopathy Theory of Chinese numerology, this paper establishes a stock selecting model. In this study, we use the theory of the Five-Phases of Chinese numerology as the main concept of the modeling establishment, of which the five elements wood, fire, earth, gold, water’s allelopathy relations as the main concept. We use all stocks’ monthly data in the S&;P 500 Index’s Component Stocks as sampling data from 2000 to 2013, totally as 14 years. This study uses two steps to verify the use of the Five-Phases Allelopathy Model (FPAM) in the S&;P 500 Index’s Component Stocks. According to Chang, et al.,(2013) S&;P 500 Index have leading relationship with economic indicators , most international scholars believe the stock is a leading index too. We add the return rate which is three and six month earlier to compare the original return rate. The results show that the company type is “wood” group have a highest accuracy of 90% higher in sampling period from a natal numerology. And from the view of appropriate of different natal industry group in sequencing years, eight of fourteen years match partly the Five-Phases Allelopathy Theory that the average return of the high-paid group is higher than the average return of the low-paid group.
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