关键词: 财务指标, PSTR模型, 模拟退火算法

Abstract: We make research about the question of comprehensive financial information influence on the stock price by panel smooth transition model(PSTR) in this paper, and get the following conclusions: the flexibility of stock price to earnings per share is between 0.287 and 0.929, the flexibility of stock price to net asset value per share is between 0.096 and 0.346, the flexibility of stock price to return on equity is between 0.098 and 0.231, the flexibility of stock price to main operating margins is between 0.370 and 0.400, the flexibility of stock price to net cash flow per share is between -0.143 and 0.245, the flexibility of stock price to cash sales ratio is between -0.125 and 0.066, the flexibility of stock price to inventory turnover ratio is between 1.037 and 1.173, the flexibility of stock price to turnover of total capital is between -0.305 and 0.059.

Key words: Financial Index, PSTR Model, Simulated Annealing