The Research Of Timing Invesetment In Chinese A Share Market

The index investment in the mature market is considered to be a excellent investment strategy. This paper reviews the historical trend of Chinese A-share market in the past 18 years, as well as some important indicators, and introduces some popular investment strategies nowadays. After the previous reference to the Chinese market, the paper demonstrate the results of some studies of the effectiveness of A share market, and try to improve the index investment strategy, which after adding a technical analysis of trends of the A share market index and indicators to determine trends in exchange volume, can gain a better return than the index investment in A share market.With the Shanghai index data range from 2000 to 2008, the paper calculated both returns and sharp ratio of the dynamic index investment strategy with timing and the pure index investment strategy. The comparison show the result that the new strategy with the technical analysis of a number of indicators can access more significant gains and less risk in Chinese A share market.From this paper, we can make the conclusions as list: The investment strategy with technical analysis is feasible in Chinese A share market; For beating the index investment does not necessarily have to rely on great fund managers'ability of choosing the great stocks, we can change the position of the investment combination to achieve the it.