The investment CAPM, in which expected returns vary cross-sectionally with investment, profitability, and expected growth, provides an equilibrium foundation for Graham and Dodd (1934). The q5 model is a good start to explaining prominent security analysis strategies, such as Abarbanell and...

The development of digital inclusive finance provides new opportunities for the technological innovation of SMEs. In this paper, the New Third Board enterprises were used as research samples, and the two-way fixed-effect model was used for empirical testing. The results show that digital...

This paper proposes a bi-level optimization trading strategy problem, which is used for green electricity manufacturers (GEMs) to formulate trading strategies in the multi-scale market brought by the new RPS. Firstly, the multi-scale market transaction framework is described in detail under this...