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\u4ee5\u4e0b\u662f\u4e3a\u4ec0\u4e48 VWAP \u5728\u5f00\u76d8\u4e4b\u521d\u5bb9\u6613\u663e\u793a\u9519\u8bef\u6570\u503c\u7684\u539f\u56e0\uff0c\u4ee5\u53ca\u5982\u4f55\u4fee\u6b63\u8fd9\u4e00\u95ee\u9898\u3002<\/p>\n\n\n\n

\"\"<\/a><\/figure>\n\n\n\n

1. \u7d2f\u8ba1\u8ba1\u7b97\u7684\u201c\u6e05\u96f6\u201d\u5ef6\u8fdf<\/h3>\n\n\n\n

VWAP \u7684\u6838\u5fc3\u903b\u8f91\u662f\u5728\u6bcf\u4e2a\u4ea4\u6613\u65f6\u6bb5\u5f00\u59cb\u65f6\u91cd\u65b0\u5f00\u59cb\u8ba1\u7b97\u3002\u5176\u516c\u5f0f\u5982\u4e0b\uff1a<\/p>\n\n\n\n

VWAP=\u2211\u6210\u4ea4\u91cf\u2211(\u5178\u578b\u4ef7\u683c\u00d7\u6210\u4ea4\u91cf)\u200b<\/p>\n\n\n\n

\u5728\u7b2c\u4e00\u6839 K \u7ebf\u751f\u6210\u65f6\uff0c\u5982\u679c\u4ee3\u7801\u6ca1\u6709\u6b63\u786e\u8bc6\u522b\u201c\u65f6\u6bb5\u5f00\u59cb\uff08Session Start\uff09\u201d\u7684\u89e6\u53d1\u5668\uff0c\u5b83\u53ef\u80fd\u4f1a\u9519\u8bef\u5730\u5e26\u5165\u524d\u4e00\u4e2a\u4ea4\u6613\u65e5\u7684\u6570\u636e\u3002\u8fd9\u79cd\u201c\u810f\u6570\u636e\u201d\u7684\u6c61\u67d3\u4f1a\u5bfc\u81f4 VWAP \u503c\u5728\u5f00\u76d8\u77ac\u95f4\u51fa\u73b0\u5de8\u5927\u7684\u8df3\u7a7a\u6216\u626d\u66f2\uff0c\u76f4\u5230\u540e\u7eed\u7d2f\u79ef\u4e86\u8db3\u591f\u591a\u7684\u65b0\u6210\u4ea4\u91cf\u624d\u80fd\u5c06\u5176\u7a00\u91ca\u3002<\/p>\n\n\n\n

2. \u76d8\u524d\u6570\u636e\u4e0e\u5f00\u76d8\u4ef7\u7684\u51b2\u7a81<\/h3>\n\n\n\n

\u8bb8\u591a\u4ea4\u6613\u5e73\u53f0\u5c06\u76d8\u524d\u4ea4\u6613\uff08Pre-market\uff09\u548c\u5e38\u89c4\u65f6\u6bb5\uff08RTH\uff09\u7684\u6570\u636e\u6df7\u5408\u5728\u4e00\u8d77\u3002<\/p>\n\n\n\n

    \n
  • \u95ee\u9898\u6240\u5728<\/strong>\uff1a\u5982\u679c\u4f60\u7684 VWAP \u6307\u6807\u88ab\u8bbe\u7f6e\u4e3a\u5728\u5e38\u89c4\u5f00\u76d8\u65f6\u95f4\uff08\u5982\u7f8e\u4e1c\u65f6\u95f4 9:30\uff09\u91cd\u7f6e\uff0c\u4f46\u4f60\u7684\u6570\u636e\u6e90\u662f\u4ece\u51cc\u6668 4:00 \u5f00\u59cb\u63a8\u9001\u7684\uff0c\u90a3\u4e48\u4ee3\u7801\u5728\u5904\u7406\u7b2c\u4e00\u6839\u5e38\u89c4 K \u7ebf\u65f6\uff0c\u5f80\u5f80\u4f1a\u9677\u5165\u201c\u91cd\u7f6e\u8fd8\u662f\u5305\u542b\u201d\u7684\u6df7\u4e71\u903b\u8f91\u3002<\/li>\n\n\n\n
  • \u89c6\u89c9\u8868\u73b0<\/strong>\uff1a\u8fd9\u901a\u5e38\u8868\u73b0\u4e3a\u5728\u5f00\u76d8\u77ac\u95f4\uff0cVWAP \u7ebf\u4f1a\u8be1\u5f02\u5730\u504f\u79bb\u5f53\u524d\u4ef7\u683c\uff0c\u56e0\u4e3a\u5b83\u6b63\u5728\u88ab\u51e0\u4e2a\u5c0f\u65f6\u524d\u4f4e\u6d41\u52a8\u6027\u7684\u76d8\u524d\u6210\u4ea4\u91cf\u6240\u62d6\u7d2f\u3002<\/li>\n<\/ul>\n\n\n\n

    3. K \u7ebf\u7d22\u5f15\u4e0e\u8ba1\u7b97\u987a\u5e8f<\/h3>\n\n\n\n

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    4. \u6d6e\u70b9\u6570\u7cbe\u5ea6\u4e0e\u6570\u636e\u7f3a\u5931<\/h3>\n\n\n\n

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    5. \u4e13\u4e1a\u4fee\u6b63\u65b9\u6848\uff1a\u91cd\u7f6e\u903b\u8f91<\/h3>\n\n\n\n

    \u8981\u89e3\u51b3\u7b2c\u4e00\u6839 K \u7ebf\u7684\u9519\u8bef\uff0c\u5f00\u53d1\u8005\u5e94\u5728\u4ee3\u7801\u4e2d\u5b9e\u65bd\u4e25\u683c\u7684\u65f6\u6bb5\u951a\u5b9a\uff08Session Anchoring\uff09<\/strong>\uff1a<\/p>\n\n\n\n

      \n
    • \u68c0\u67e5\u65f6\u6bb5\u5207\u6362<\/strong>\uff1a\u5728\u8ba1\u7b97\u524d\u6dfb\u52a0\u903b\u8f91\u68c0\u6d4b\u5f53\u524d K \u7ebf\u7684\u65f6\u95f4\u6233\u662f\u5426\u5c5e\u4e8e\u65b0\u65f6\u6bb5\u3002<\/li>\n\n\n\n
    • \u5f3a\u5236\u91cd\u7f6e\u7f13\u51b2\u533a<\/strong>\uff1a\u4e00\u65e6\u68c0\u6d4b\u5230\u65b0\u65f6\u6bb5\u7684\u7b2c\u4e00\u6839 K \u7ebf\uff0c\u7acb\u5373\u5f3a\u5236\u6e05\u7a7a\u201c\u4ef7\u683c \u00d7 \u6210\u4ea4\u91cf\u201d\u7684\u7d2f\u52a0\u5668\u548c\u201c\u603b\u6210\u4ea4\u91cf\u201d\u7684\u7d2f\u52a0\u5668\u3002<\/li>\n\n\n\n
    • \u6570\u636e\u8fc7\u6ee4<\/strong>\uff1a\u786e\u4fdd\u4ee3\u7801\u53ea\u5728\u5e38\u89c4\u4ea4\u6613\u65f6\u6bb5\u6216\u4f60\u660e\u786e\u5b9a\u4e49\u7684\u65f6\u6bb5\u5185\u83b7\u53d6\u6570\u636e\uff0c\u907f\u514d\u76d8\u524d\u566a\u97f3\u3002<\/li>\n<\/ul>\n\n\n\n

      \u7ed3\u8bba<\/h3>\n\n\n\n

      VWAP \u7684\u5f3a\u5927\u4e4b\u5904\u5728\u4e8e\u5b83\u7684\u7d2f\u79ef\u7279\u6027\uff0c\u4f46\u8fd9\u540c\u65f6\u4e5f\u6210\u4e86\u5b83\u5728\u5f00\u76d8\u65f6\u7684\u5f31\u70b9\u3002\u901a\u8fc7\u5728\u7b56\u7565\u4ee3\u7801\u4e2d\u5b9e\u65bd\u4e25\u8c28\u7684\u65f6\u6bb5\u91cd\u7f6e\u903b\u8f91\uff0c\u5e76\u786e\u4fdd\u6570\u636e\u6e90\u7684\u4e00\u81f4\u6027\uff0c\u4f60\u53ef\u4ee5\u6d88\u9664\u90a3\u4e9b\u5177\u6709\u8bef\u5bfc\u6027\u7684\u5f00\u76d8\u6570\u503c\u3002\u8bb0\u4f4f\uff0c\u5728\u91cf\u5316\u4ea4\u6613\u4e2d\uff0c\u7b2c\u4e00\u6839 K \u7ebf\u7684\u6570\u636e\u7cbe\u5ea6\u5f80\u5f80\u51b3\u5b9a\u4e86\u5168\u5929\u7b56\u7565\u7684\u6210\u8d25\u3002<\/p>\n\n\n\n

      \u5982\u679c\u60a8\u6b63\u5728\u5bfb\u627e\u4e13\u4e1a\u7684\u5b9a\u5236\u4ea4\u6613\u8f6f\u4ef6\u5f00\u53d1\u670d\u52a1\uff0c\u4e3a\u60a8\u4fee\u590d VWAP \u903b\u8f91\u5e76\u6784\u5efa\u7cbe\u51c6\u7684\u65e5\u5185\u4ea4\u6613\u5de5\u5177\uff0c\u8bf7\u8054\u7cfb\u6211\u4eec\u3002<\/em><\/p>\n\n\n\n

      <\/p>\n","protected":false},"excerpt":{"rendered":"

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