component index
2.3. Choosing SSE COMPONENT INDEX as alternative for dynamic volume index (DVI), the empirical comparisons are drawn between CAPM、 LPM-CAPM、 BAPM and LPM-BAPM.
4.The result shows that both Shanghai Stock Exchange and Shenzhen Stock Exchange have multi-fractal structure, small-scope fluctuation has long-range correlation, large-scope fluctuation has anti-durative, and the fluctuation extent of yield in Shanghai Stock Exchange comprehensive index is more intense than the fluctuation extent of yield in Shenzhen Stock Exchange component index.

