規劃投資理財是現代人們生活中一項重要的課題,而股市投資擁有較高的風險,在眾多的上市櫃公司中如何選擇合適的股票,對投資人來說並不容易。由於台灣的股市是全世界唯一需要每月公告營收的交易所,而營收可看出一家企業是否有在成長,可幫助投資大眾做買賣決策;大型類股優點是具有高度的透明化及營運狀況可保持穩定,因此本研究在於運用基本面指標與籌碼面指標結合營收成長指標,研究期間自2008年至2015年進行台灣大型傳統產業與電子類股,並透過三階段實驗找出較佳投資組合,以提供給投資人作為選股參考。本研究運用排序名次加總法建構投資模型,經大量的實驗回測可找到43.03%報酬率之台股投資模型;而基本面與籌碼面之單因子結合營收成長因子可提升報酬率。
Planning Investment and Wealth Management is one of the most important lessons of contemporary people. However, investment in stock market has rather high risk and selecting suitable stocks to invest among the stocks that is trading over securities markets is not a easy thing to do for ordinary investors. Since stock market of Taiwan Stock Exchange is the only one in the world requiring the listed companies to report monthly turnover to the Exchange. Operation Revenue can help to detect if a company is on the growth or not and help investors to make trading decision. Sizable stocks have the features of highly transparent and stable operation conditions. In this research, we use Fundamental Indicators and Chip Factor Indicator and combined with the turnover growth indicator to study the performance of sizable conventional industry and electronic stocks of Taiwan between 2008 and 2015, and in 3 stages experiment we tried to find out optimal investment portfolios for the reference of investors in selecting stocks. In this study, we use Ranking Summation Method to establish Investment Model. After massive experiment and retro test, we can find Taiwan Stock Investment Model with 43.03% investment return rate. The Anova test of Fundamental and Chip Factor combined with the Turn-Over Growth Factor and help to increase Investment Return Rate.