contrarian strategy

基本解釋

Among the behavioral finance strategies, contrarian investment strategy (CIS) and momentum trading strategy (MTS) are most usually and profitability.
行為金融策略中最為典型的是反向投資策略和動量交易策略。
In this paper I combine these two aspects together. On the one hand, I do deeper research on short-term price momentum and contrarian strategy in Chinese stock market.
所以本論文將上述兩方面結(jié)合起來，一方面深入研究中國股市短期動量與反轉(zhuǎn)策略的盈利性，如果存在，分別有哪些特點；
Using week closing price data of 256 stocks in A-Stock Market of China from Jun. 1994 to Jun. 2004 we checked Contrarian Trading Strategy and Momentum Trading Strategy.
利用我國1994年6月前上市的256只股票在1994年6月至2004年6月期間的周收盤價格數(shù)據(jù)，對價值投資策略與勢頭投資策略進行了超額收益檢驗。

When you are able to maintain emotional detachment— embracing your inner Spock, if you will—you can trade the emotional impulses of others in a contrarian strategy.
FORBES: Zynga: When You Lose Control of Your Emotions, It's Time to Stop Trading
The question for today is whether the contrarian view is any better than a follow-the-ratings strategy.
FORBES: Analyst Downgrades Don't Mean Anything
While we celebrate the individual genius in the quintessential financial boutique firm making brilliant contrarian maneuvers, it remains true that the largest institutions have the advantage in terms of financial strategy and risk management.
FORBES: The War Against Big Banks Is A War Against Your Mind

反轉(zhuǎn)
But there do exists significant medium-and long-term price contrarian. The main source of corresponding contrarian strategy is the overreaction of investors.
研究發(fā)現(xiàn)：第一，中國股市不存在顯著的中期慣性現(xiàn)象，而是存在顯著的中長期反轉(zhuǎn)，相應(yīng)反轉(zhuǎn)策略的超常收益主要來源于投資者的過度反應(yīng)。
反向策略
Chapter II is titled "On the application of contrarian strategy in China's security market".
第二章為“反向策略在中國證券市場的適用性研究”。
逆向策略