An Empirical Study on Return Distribution and Price-Volume of SZCI

This paper focuses on the day-of-the-week effect and contingency/persistency of the return rate series and the volatility in shenzhen stock index.It argues that there is not the day-of-the-week effect in return rate series but one to two weeks of contingency,while there is the day-of-the-week effect and persistency in volatility,and the trading volume is helpful to interpret the volatility.