%0 Journal Article %T Ups and Downs of the Stock Market and the Evolution of the Return Distribution %A Jia Li %J Open Access Library Journal %V 5 %N 3 %P 1-9 %@ 2333-9721 %D 2018 %I Open Access Library %R 10.4236/oalib.1104289 %X
This paper is based on the perspective of financial physics, using the cumulative distribution of yield to explore the law and characteristics of the whole system of Chinese capital market in bull market and bear market, and find that in the bull market, return distribution is from aggregation to dispersion, while in bear market, return distribution being from dispersion to aggregation.
%K Financial Physics %K Yield Distribution %K Behavioral Finance %U http://www.oalib.com/paper/5292690