Based On O-F Model Of The Stock Price And Internal Value Deviation Degree Study

With the continuous development of China’s capital market, The listed company stock prices and intrinsic value deviation become increasingly obvious, Stock prices will truly reflect the intrinsic value has already become the focus of the academic circle. This paper on predecessors’research foundation, The traditional method of valuations are compared and analyzed, Finally choose to suit the Chinese stock market residual income model as the intrinsic value of the stock valuations of method.In this paper, meet the conditions of the1110companies listed company shanghai and shenzhen A shares as the sample, The traditional model of residual income improved and fixed. Using the improved residual income model calculation the intrinsic value, And then measure share price and intrinsic value deviation degree, The results found that, Our country A share market share price was higher than the intrinsic value, However, with the increase of residual income extension, This phenomenon has weakened, This shows the share price through long-term development will return to the intrinsic value of the conclusion. The stock market value and internal value deviation ratio is the effect of the two basic factors, Based on the impact factors of the stock market price is the result of regression analysis, Think earnings per share and net assets per share growth rate is the effect of stock market prices of the two main factors, Especially earnings per share price of the stock market has strong ability, So that in China a-share market, mainly in accounting surplus investment decision-making related information; Through the study of influence stock intrinsic value found related factors, Net assets yield rate and the correlation with a great, And the relevant empirical results for inspection, Make the results more reliable.Stock market price is the intrinsic value of serious deviation, That there are serious in our stock market bubbles. Through the research on the influence that stock market price and internal value deviation degree is the main factor reflect the company’s financial situation fundamental index, Therefore this paper advocates investor attention to the company’s fundamental analysis, Set up the concept of the value investment. In order to make investors cautious market, To lower the risk of purpose, Finally put forward the control in our stock bubble of related policies and Suggestions.