| Summary: | 碩士 === 南臺科技大學 === 財務金融系 === 105 === This research focus on The Effect of foreign trades on Taiwan’s Capital market, to understand the effect of international investment overbuy and oversell behaviors to the Taiwan stock market, as futures and ETF T50Bear1X strategies of reference research. This research investigate from the origin of the foreign investment in the Taiwan stock market and its investment profile, explore the foreign development and investment strategies, and research the influence of foreign short-medium-and long-term overbuy and oversell on Taiwan stock index from the technical. The results we find summarized as following:
1. Identify the investment of foreign investment in the Taiwan stock profile and strategy.
2. To understanding from July 2016 foreign investment overbuy and November 2016 foreign investment oversell to the same day and the month with foreign trade will definitely affect the short and medium term of Taiwan equity market were up and down.
3. By using foreign trade as a change factor of RSI model to research the relationship between long-term foreign trade and Taiwan stock index andT50Bear1X, and found that long-term foreign trade and Taiwan stock index both movements were positive correlation, but long-term foreign trade and T50Bear1X was negative correlation.
4. Compare to foreign futures part and foreign trade three days ago before the settlement date and the changes in the futures index, found that foreign investment does not arbitrage trading owing to futures contract unit.
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