Empirical Analysis on Co-movement of Stock Price of Gold Mine Enterprises and the International Gold Price

Abstract

Based on the present analytical method of Econometrics, this article conducts an empirical research on the co-movement of stock price of gold mine enterprises and the international gold price. By analyzing the daily datum from January 2th 2004 to October 20th 2009, the article concludes that there is a relative high correlation between the stock price of… (More)

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