股票交易為國人主要的投資管道,而股票的市場十分廣闊,要如何從中選擇正確的投資方法與標的是一大學問。股票分析方法有許多面向,而各面向皆有理論根據,也各有其優缺點,但兼具多面向優點的研究並不多。本研究嘗試結合基本面、籌碼面及營收面進行多面向因子的研究,利用葛林布雷分類排序法進行各個面向因子的排名,再搭配擇時指標於台灣股票市場中進行較為廣泛的研究。研究期間自2008年1月至2015年12月,以臺灣50、中型100為研究樣本,並從樣本中分出傳統及電子兩項產業,選股週期則分為月交易及季交易週期,結合多面向因子及擇時指標,建立一個可應用於台灣股市之投資策略,提供給投資人做參考。本研究實驗結果之最佳投資策略皆大於15%。
Stock market is the main investment tool for people in Taiwan. Since the market shifts rapidly, how to choose the best approach and ideal targets is worth studying. There are many dimensions in analyzing the stock market, and each dimension has pros and cons plus its own theoretical basis. However, there are few studies that are embedded with the advantages of multiple dimensions. This paper tries to combine fundamental indicators, bargaining chip indicators and profit indicator to conduct a muli-factors research. By following the Joey Greenblatt magic investing formula to rank each indicators, together with timing choosing indicator, runs an over-all research in Taiwan’s stock market. study period from january 2008 to december 2015 use Taiwan 50 medium 100 for research sample ,to classify traditional industry and eletric industry from the sample,to build a stock market investment strategy apply to taiwan stock market The best investment strategy of the results of the study are greater than 15%.