{"id":4883,"date":"2026-09-15T07:09:00","date_gmt":"2026-09-14T23:09:00","guid":{"rendered":"https:\/\/laoyulaoyu.com\/?p=4883"},"modified":"2026-09-09T00:13:29","modified_gmt":"2026-09-08T16:13:29","slug":"%e5%b0%8fk%e7%ba%bf%e8%97%8f%e7%9d%80%e5%a4%a7%e4%bf%a1%e5%8f%b7%ef%bc%8c6%e8%a1%8c%e4%bb%a3%e7%a0%81%e5%b0%b1%e8%83%bd%e6%90%ad%e4%b8%80%e4%b8%aa%e6%8a%95%e9%99%8d%e4%bf%a1%e5%8f%b7","status":"publish","type":"post","link":"https:\/\/laoyulaoyu.com\/index.php\/2026\/09\/15\/%e5%b0%8fk%e7%ba%bf%e8%97%8f%e7%9d%80%e5%a4%a7%e4%bf%a1%e5%8f%b7%ef%bc%8c6%e8%a1%8c%e4%bb%a3%e7%a0%81%e5%b0%b1%e8%83%bd%e6%90%ad%e4%b8%80%e4%b8%aa%e6%8a%95%e9%99%8d%e4%bf%a1%e5%8f%b7\/","title":{"rendered":"\u5c0fK\u7ebf\u85cf\u7740\u5927\u4fe1\u53f7\uff0c6\u884c\u4ee3\u7801\u5c31\u80fd\u642d\u4e00\u4e2a\u201c\u6295\u964d\u4fe1\u53f7\u201d\u7b5b\u9009\u5668"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u4f5c \u8005\uff1a<a href=\"https:\/\/www.laoyulaoyu.com\/\" target=\"_blank\" rel=\"noreferrer 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class=\"wp-block-paragraph\">\u6587\u4e2d\u793a\u4f8b\u4ec5\u7528\u4e8e\u6280\u672f\u8ba8\u8bba\uff0c\u4e0d\u6784\u6210\u4efb\u4f55\u64cd\u4f5c\u5efa\u8bae\u3002<br>\u91cf\u5316\u7b56\u7565\u5f00\u53d1\u5e94\u4ee5\u5b66\u4e60\u548c\u6280\u672f\u4ea4\u6d41\u4e3a\u76ee\u7684\u3002<br>\u672c\u53f7\u4e0d\u8350\u80a1\u3001\u4e0d\u5356\u8bfe\u3001\u4e0d\u627f\u8bfa\u6536\u76ca\u3002<br>\u5e02\u573a\u6709\u98ce\u9669\uff0c\u8bf7\u5408\u6cd5\u5408\u89c4\u6295\u8d44\u3002<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">\u672c\u6587\u7ea6 4100 \u5b57 | \u9884\u8ba1\u9605\u8bfb 10 \u5206\u949f\uff0c\u540e\u6709\u5b8c\u6574\u4ee3\u7801\uff0c\u5efa\u8bae\u5148\u6536\u85cf\u3002<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u00b7 \u00b7 \u00b7<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">6 \u884c\u4ee3\u7801\uff0c\u8dd1\u4e86 6 \u5e74\u534a\uff0c1619 \u4e2a\u4ea4\u6613\u65e5\uff0c\u5c31\u7b5b\u51fa 4 \u5929\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u62ff\u7740\u8fd9 4 \u5929\u4fe1\u53f7\u8fdb\u573a\uff0c\u80dc\u7387 25%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u968f\u4fbf\u6311\u4e00\u5929\u8fdb\u573a\uff0c\u80dc\u7387 49.2%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u5f62\u6001\uff0c\u6bd4\u778e\u8499\u8fd8\u5dee\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u53ef\u6211\u624b\u4e0a\u5148\u6709\u4e94\u4e2a\u5b8c\u7f8e\u6848\u4f8b\uff1a\u6ce2\u97f3\u3001\u7279\u65af\u62c9\u3001CSL\u3001\u5fae\u8f6f\uff0c\u5168\u5728\u5927\u8dcc\u672b\u7aef\uff0c\u4e00\u6839\u5c0f K \u7ebf\u538b\u7740\u5de8\u91cf\uff0c\u626d\u5934\u5c31\u62c9\u8d77\u6765\uff0c\u4e00\u4e2a\u6bd4\u4e00\u4e2a\u6f02\u4eae\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u76f4\u5230\u6211\u628a\u7b2c\u516d\u4e2a\uff0c\u54b1\u4eec\u5927 A \u6563\u6237\u5929\u5929\u76ef\u7684 510300\uff0c\u653e\u8fdb\u53bb\uff0c\u56fe\u76f4\u63a5\u57ae\u6389\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u662f\u4e0d\u662f\u5230\u4e86\u54b1\u4eec\u5927 A \u5c31\u6c34\u571f\u4e0d\u670d\uff1f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4eca\u5929\u6211\u624b\u628a\u624b\u628a\u8fd9\u4e2a K \u7ebf\u5f62\u6001\u7b5b\u9009\u5668\u4ece\u5934\u642d\u4e00\u904d\uff0c\u62ff\u8fd9\u516d\u4e2a\u4f8b\u5b50\u7ed9\u5b83\u9a8c\u9a8c\u6210\u8272\u3002\u4e09\u4e2a\u5751\u6211\u5168\u66ff\u4f60\u8e29\u4e86\uff0c\u6bcf\u5751\u90fd\u6709\u6570\u636e\uff0c\u4ee3\u7801\u6587\u672b\u76f4\u63a5\u8dd1\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4fe1\u4e0d\u4fe1\uff0c\u770b\u5b8c\u4f60\u81ea\u5df1\u5b9a\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e00\u3001\u8981\u7b5b\u7684\u4e1c\u897f\uff0c\u53eb\u6295\u964d\u65e5<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u5148\u8bf4\u6e05\u695a\u5b83\u5230\u5e95\u5728\u7b5b\u4ec0\u4e48\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8dcc\u52bf\u8d70\u5230\u67d0\u4e2a\u65f6\u523b\uff0c\u4f1a\u51fa\u73b0\u8fd9\u4e48\u4e00\u5929\u3002K \u7ebf\u5b9e\u4f53\u548c\u5f71\u7ebf\u90fd\u5f88\u77ed\uff0c\u6700\u9ad8\u4ef7\u51cf\u6700\u4f4e\u4ef7\u6ca1\u51e0\u4e2a\u70b9\uff0c\u6210\u4ea4\u91cf\u5374\u662f\u5e73\u65f6\u7684\u597d\u51e0\u500d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ef7\u683c\u51e0\u4e4e\u6ca1\u52a8\uff0c\u7b79\u7801\u5374\u6362\u4e86\u4e00\u5927\u6ce2\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-1024x575.png\" alt=\"\" class=\"wp-image-4892\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-1024x575.png 1024w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-300x169.png 300w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-768x431.png 768w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-1536x863.png 1536w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/01-capitulation-2048x1151.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u5173\u5e97\u7529\u5356\u6700\u540e\u4e00\u5929\uff0c\u8d27\u5168\u5012\u51fa\u53bb\uff0c\u4ef7\u6ca1\u518d\u964d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f60\u53ef\u4ee5\u628a\u5b83\u60f3\u6210\u4e00\u573a\u5173\u5e97\u5927\u7529\u5356\u3002\u6700\u540e\u4e00\u5929\uff0c\u8001\u677f\u628a\u5269\u4e0b\u7684\u8d27\u5168\u642c\u5230\u95e8\u53e3\uff0c\u534a\u4ef7\u5904\u7406\u3002\u628a\u60f3\u6e05\u7684\u8d27\u8fd9\u5929\u5168\u5012\u51fa\u53bb\u4e86\uff0c\u95e8\u53e3\u63a5\u8d27\u7684\u6392\u8d77\u4e86\u961f\u3002\u6700\u540e\u4eba\u7d2f\u762b\u5728\u5730\u4e0a\uff0c\u4ef7\u683c\u724c\u5374\u6ca1\u518d\u5f80\u4e0b\u6389\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u5c31\u662f\u6295\u964d\u65e5\uff08Capitulation\uff09\u3002\u6700\u540e\u4e00\u6279\u4e0d\u80af\u8d70\u7684\u4eba\u5728\u8fd9\u4e00\u5929\u8ba4\u8f93\u79bb\u573a\uff0c\u5356\u538b\u4e00\u6b21\u6027\u653e\u5b8c\uff0c\u63a5\u7684\u4eba\u628a\u5355\u5b50\u5168\u5403\u4e86\u3002\u4ef7\u683c\u7a84\u5e45\uff0c\u8bf4\u660e\u5356\u518d\u591a\u4e5f\u6ca1\u7838\u51fa\u5751\u3002\u91cf\u5de8\u5927\uff0c\u8bf4\u660e\u6362\u624b\u5f7b\u5e95\u3002\u4e24\u4e2a\u6761\u4ef6\u53e0\u5728\u4e00\u8d77\uff0c\u5c31\u662f\u5c0f K \u7ebf\u85cf\u7740\u5927\u4fe1\u53f7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5148\u770b\u770b\u9a97\u6211\u4e0a\u8239\u7684\u90a3\u4e94\u4e2a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u6ce2\u97f3 BA\u3002<\/strong>2026 \u5e74 1 \u6708\u7684\u4f4e\u70b9\uff0c\u4e00\u6839\u77ed\u9634\u7ebf\u538b\u7740\u5927\u7ea6 3 \u500d\u4e8e\u5468\u56f4\u7684\u91cf\u67f1\u3002\u4e4b\u540e\u76f4\u63a5\u89c1\u5e95\uff0c\u56de\u5230 220 \u7f8e\u5143\u4e0a\u65b9\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"700\" height=\"274\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-boeing.jpg\" alt=\"\" class=\"wp-image-4891\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-boeing.jpg 700w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-boeing-300x117.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u6ce2\u97f3\uff0c\u6700\u5178\u578b\u7684\u90a3\u4e00\u6839\uff0c\u77ed\u9634\u7ebf\u538b\u7740\u7ea6\u4e09\u500d\u91cf\u67f1<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7279\u65af\u62c9 TSLA\u3002<\/strong>2026 \u5e74\u5e74\u4e2d\uff0c\u540c\u4e00\u4e2a\u4f4e\u70b9\u9644\u8fd1\uff0c\u4e24\u6b21\u6295\u964d\u7279\u5f81\u53e0\u5728\u4e00\u8d77\u3002\u51e0\u5468\u5185\u6389\u5934\u5411\u4e0a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"274\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-tesla.jpg\" alt=\"\" class=\"wp-image-4890\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-tesla.jpg 700w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-tesla-300x117.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u7279\u65af\u62c9\uff0c\u4e24\u6b21\u6295\u964d\u7279\u5f81\u53e0\u5728\u540c\u4e00\u4f4e\u70b9<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CSL\u3002<\/strong>\u5e74\u5185\u8dcc\u52bf\u6700\u4f4e\u70b9\u90a3\u5929\uff0c\u4e00\u6839\u653e\u91cf\u77ed\u9634\u7ebf\u3002\u4e4b\u540e\u4e00\u8def\u6da8\u56de 170 \u7f8e\u5143\u4e0a\u65b9\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"274\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-csl.jpg\" alt=\"\" class=\"wp-image-4889\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-csl.jpg 700w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-csl-300x117.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">CSL\uff0c\u91cf\u67f1\u538b\u5728\u5168\u5e74\u6700\u4f4e\u70b9<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5fae\u8f6f MSFT\u3002<\/strong>360 \u7f8e\u5143\u9644\u8fd1\uff0c\u91cf\u67f1\u76d6\u8fc7\u56fe\u4e0a\u5176\u4ed6\u4efb\u4f55\u4e00\u5929\u3002\u89c1\u5e95\u540e\u56de\u5230 500 \u7f8e\u5143\u4e0a\u65b9\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"274\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-msft.jpg\" alt=\"\" class=\"wp-image-4888\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-msft.jpg 700w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-msft-300x117.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u5fae\u8f6f\uff0c\u91cf\u67f1\u76d6\u8fc7\u56fe\u4e0a\u5176\u4ed6\u4efb\u4f55\u4e00\u5929<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u82f9\u679c AAPL\u3002<\/strong>2026 \u5e74 1 \u6708\u7684\u771f\u5b9e\u4f4e\u70b9\u90a3\u5929\uff0c\u91cf\u80fd\u5e73\u5e73\uff0c\u5f62\u6001\u538b\u6839\u6ca1\u51fa\u73b0\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"700\" height=\"274\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-apple.jpg\" alt=\"\" class=\"wp-image-4887\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-apple.jpg 700w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/orig-apple-300x117.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u82f9\u679c\uff0c1 \u6708\u7684\u771f\u5b9e\u4f4e\u70b9\u90a3\u5929\u4ec0\u4e48\u7279\u5f81\u90fd\u6ca1\u6709<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u4e0a\u56db\u4e2a\u6210\u7acb\uff0c\u4e00\u4e2a\u6253\u8138\u3002\u82f9\u679c\u8fd9\u5f20\u56fe\u5012\u662f\u63d0\u9192\u4e86\u6211\u4e24\u4ef6\u4e8b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e00\uff0c\u5f62\u6001\u4e0d\u662f\u6bcf\u4e2a\u5e95\u90fd\u6709\u3002\u82f9\u679c\u5168\u5e74\u91cf\u80fd\u6700\u731b\u7684\u4e00\u5929\u51fa\u73b0\u5728 7 \u6708\uff0c\u79bb 1 \u6708\u7684\u4f4e\u70b9\u9694\u4e86\u534a\u5e74\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e8c\uff0c\u8fd9\u6839 K \u7ebf\u662f\u7ea2\u662f\u7eff\u4e0d\u91cd\u8981\u3002\u7ea2\u7684\uff0c\u662f\u5356\u65b9\u538b\u4e86\u4e00\u4e0b\u4ef7\u3001\u4e70\u65b9\u5c3e\u76d8\u63a5\u8d70\uff1b\u7eff\u7684\uff0c\u662f\u4e70\u65b9\u76d8\u4e2d\u5c31\u5360\u4e0a\u98ce\u3002\u5173\u952e\u90fd\u5728\u5de8\u91cf\u7a84\u5e45\u672c\u8eab\uff0c\u65b9\u5411\u65e0\u5173\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u597d\uff0c\u5f62\u6001\u8bb2\u5b8c\u4e86\u3002\u4e94\u4e2a\u4f8b\u5b50\u6446\u5728\u4e00\u8d77\uff0c\u4f60\u5927\u6982\u8ddf\u6211\u60f3\u7684\u4e00\u6837\uff0c\u8fd9\u4e1c\u897f\u770b\u7740\u662f\u771f\u6709\u70b9\u4e1c\u897f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u516d\u4e2a\u4f8b\u5b50\uff0c\u6211\u7559\u5230\u6211\u4eec\u5927 A \u5929\u5929\u5fc5\u770b\u7684\u6807\u7684\u4e0a\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e8c\u3001\u8d77\u6b65\u7248\uff0c6 \u884c\u4ee3\u7801<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u628a\u5f62\u6001\u7ffb\u6210\u7b5b\u9009\u6761\u4ef6\uff0c\u5176\u5b9e\u5c31\u4e24\u6b65\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6bcf\u5929\u7684\u632f\u5e45\u9664\u4ee5\u6210\u4ea4\u91cf\uff0c\u5f97\u5230\u4e00\u4e2a\u6bd4\u503c\uff0c\u5b83\u8861\u91cf\u5355\u4f4d\u6210\u4ea4\u91cf\u63a8\u52a8\u4e86\u591a\u5c11\u4ef7\u683c\u3002\u6570\u503c\u8d8a\u5c0f\uff0c\u8bf4\u660e\u8d8a\u591a\u7684\u91cf\u53ea\u63a8\u52a8\u4e86\u8d8a\u5c11\u7684\u4ef7\u683c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u518d\u53e0\u4e00\u4e2a\u6210\u4ea4\u91cf\u9ad8\u4e8e\u5747\u503c\uff0c\u628a\u7f29\u91cf\u9634\u8dcc\u7684\u65e5\u5b50\u6392\u9664\u6389\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u2460 \u8d77\u6b65\u7248\u7b5b\u9009\u5668<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>df&#91;'Price_Range'] = df&#91;'High'] - df&#91;'Low']\ndf&#91;'Range_to_Volume_Ratio'] = df&#91;'Price_Range'] \/ df&#91;'Volume']\navg_volume = df&#91;'Volume'].mean()\n\ndays_with_low_ratio = df&#91;\n\u00a0 \u00a0 (df&#91;'Range_to_Volume_Ratio'] &lt; 0.00000005) &amp;\n\u00a0 \u00a0 (df&#91;'Volume'] > avg_volume)\n]<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee3\u7801\u77ed\u5f97\u8ba9\u4eba\u653e\u677e\u8b66\u60d5\uff0c\u53ef\u91cc\u9762\u57cb\u7740\u4e24\u4e2a\u5751\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e00\u4e2a\u662f\u90a3\u4e2a 0.00000005\uff0c\u6309\u82f9\u679c\u7684\u4ef7\u683c\u548c\u6210\u4ea4\u91cf\u7ea7\u522b\u624b\u8c03\u51fa\u6765\u7684\u786c\u7f16\u7801\uff0c\u91cf\u7eb2\u662f\u7f8e\u5143\u6bcf\u80a1\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e8c\u4e2a\u85cf\u5f97\u6df1\u4e00\u70b9\u3002\u5206\u6bcd\u91cc\u7684\u5747\u503c\u662f\u5168\u6837\u672c\u7b97\u7684\uff0c\u7b49\u4e8e\u4eca\u5929\u7684\u4fe1\u53f7\u8981\u9760\u672a\u6765\u516b\u5e74\u7684\u5e73\u5747\u91cf\u6765\u5224\u5b9a\uff0c\u5b9e\u76d8\u4e0a\u4f60\u6839\u672c\u62ff\u4e0d\u5230\u8fd9\u4e2a\u6570\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd8\u6709\u7b2c\u4e09\u4e2a\uff0c\u5b83\u4e0d\u5728\u4ee3\u7801\u91cc\uff0c\u5728\u53c2\u6570\u91cc\uff0c\u7b49\u4f1a\u513f\u5355\u8bf4\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u4e2a\u4e00\u4e2a\u62c6\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e09\u3001\u7b2c\u4e00\u4e2a\u5751\uff0c\u91cf\u7eb2<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u6570\u636e\u5148\u4ea4\u4ee3\u3002\u901a\u8fbe\u4fe1\u524d\u590d\u6743\u65e5\u7ebf\uff0c2020 \u5e74 1 \u6708 2 \u65e5\u5230 2026 \u5e74 9 \u6708 4 \u65e5\uff0c510300 \u5171 1619 \u6839\u3002\u56fd\u5185 ETF \u7528\u6210\u4ea4\u91cf\u5bb9\u6613\u88ab\u5206\u7ea2\u9664\u6743\u5e72\u6270\uff0c\u6211\u6539\u7528\u6210\u4ea4\u989d\uff0c\u903b\u8f91\u4e0d\u53d8\uff0c\u91cf\u7eb2\u540c\u7406\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u628a\u8d77\u6b65\u7248\u90a3\u4e2a 5e-8 \u539f\u6837\u5957\u4e0a\u53bb\u8bd5\u8bd5\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u2461 \u8d77\u6b65\u7248\u53e3\u5f84\uff0c\u56fa\u5b9a\u9608\u503c<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>df&#91;'range'] = df&#91;'high'] - df&#91;'low']\ndf&#91;'ratio'] = df&#91;'range'] \/ df&#91;'turnover'] \u00a0 \u00a0 \u00a0# \u6210\u4ea4\u989d\u66ff\u4ee3\u6210\u4ea4\u91cfavg_turn = df&#91;'turnover'].mean()\n\nhits = df&#91;(df&#91;'ratio'] &lt; 5e-8) &amp; (df&#91;'turnover'] > avg_turn)]<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\">\u7ed3\u679c\u516d\u5e74\u91cc\u547d\u4e2d 527 \u5929\uff0c\u5360\u603b\u4ea4\u6613\u65e5\u7684 32.6%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b49\u4e8e\u6ca1\u7b5b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u539f\u56e0\u4e00\u773c\u80fd\u770b\u7a7f\u3002510300 \u7684\u4ef7\u683c\u5728\u4e09\u56db\u5757\u94b1\uff0c\u65e5\u632f\u5e45\u901a\u5e38\u4e0d\u5230\u4e00\u5206\u94b1\uff0c\u6210\u4ea4\u989d\u51e0\u5341\u4ebf\u3002\u62ff\u632f\u5e45\u9664\u4ee5\u6210\u4ea4\u989d\uff0c\u4e2d\u4f4d\u6570\u53ea\u6709 0.00000000002\uff0c\u6bd4 5e-8 \u6574\u6574\u5c0f\u4e86\u4e09\u4e2a\u6570\u91cf\u7ea7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7f8e\u5143\u80a1\u7968\u7684\u9608\u503c\uff0c\u5bf9\u4eba\u6c11\u5e01 ETF \u5c31\u662f\u4e00\u5f20\u4e0d\u8fc7\u7b5b\u7684\u7f51\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8bb0\u4f4f\u8fd9\u6761\u3002<strong>\u51e1\u662f\u5e26\u56fa\u5b9a\u9608\u503c\u7684\u5f62\u6001\u7b5b\u9009\u5668\uff0c\u9608\u503c\u90fd\u662f\u6807\u7684\u91cf\u7eb2\u7684\u51fd\u6570\uff0c\u4e0d\u662f\u89c4\u5f8b\u7684\u53c2\u6570\u3002<\/strong>\u6362\u6807\u7684\u4e0d\u91cd\u7b97\uff0c\u7b5b\u51fa\u6765\u7684\u5c31\u4e0d\u662f\u4fe1\u53f7\uff0c\u662f\u566a\u97f3\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u56db\u3001\u7b2c\u4e8c\u4e2a\u5751\uff0c\u524d\u89c6<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b2c\u4e8c\u4e2a\u5751\u85cf\u5728\u5206\u6bcd\u91cc\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8d77\u6b65\u7248\u90a3\u884c avg_volume = df[&#8216;Volume&#8217;].mean()\uff0c\u5747\u503c\u662f\u516d\u5e74\u534a\u4e00\u8d77\u7b97\u7684\u3002\u610f\u601d\u662f 2020 \u5e74 1 \u6708 2 \u65e5\u8fd9\u5929\u6709\u6ca1\u6709\u4fe1\u53f7\uff0c\u8981\u7b49 2026 \u5e74 9 \u6708 4 \u65e5\u6536\u76d8\u4e4b\u540e\u624d\u77e5\u9053\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f60\u628a\u672a\u6765\u516d\u5e74\u7684\u91cf\u5e73\u5747\u4e86\u4e00\u904d\uff0c\u518d\u56de\u5934\u5224\u4eca\u5929\u3002\u5b9e\u76d8\u4e0a\u8fd9\u4e2a\u6570\u6839\u672c\u62ff\u4e0d\u5230\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u7c7b\u5199\u6cd5\u5728\u56de\u6d4b\u91cc\u7279\u522b\u8ba8\u5de7\uff0c\u5b83\u6084\u6084\u628a\u5f53\u65f6\u4e0d\u53ef\u80fd\u77e5\u9053\u7684\u4fe1\u606f\u5582\u7ed9\u4e86\u4fe1\u53f7\uff0c\u6536\u76ca\u66f2\u7ebf\u5e73\u767d\u597d\u770b\u4e00\u622a\u3002\u4fee\u6cd5\u4e0d\u590d\u6742\uff0c\u5168\u6837\u672c\u5747\u503c\u6362\u6210\u6eda\u52a8 20 \u65e5\u5747\u503c\uff0c\u518d\u5f80\u540e\u79fb\u4e00\u5929\uff0c\u53ea\u7528\u4fe1\u53f7\u53d1\u751f\u4e4b\u524d\u7684\u6570\u636e\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u91cf\u7eb2\u987a\u624b\u4e00\u8d77\u6536\u62fe\u3002\u632f\u5e45\u9664\u4ee5\u6536\u76d8\u4ef7\uff0c\u53d8\u6210\u632f\u5e45\u767e\u5206\u6bd4\u3002\u6210\u4ea4\u989d\u9664\u4ee5\u81ea\u5df1\u524d 20 \u65e5\u7684\u5747\u503c\uff0c\u53d8\u6210\u653e\u91cf\u500d\u6570\u3002\u4e24\u4e2a\u6307\u6807\u90fd\u65e0\u91cf\u7eb2\uff0c\u8de8\u6807\u7684\u80fd\u76f4\u63a5\u6bd4\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u2462 \u4fee\u524d\u89c6\uff0c\u987a\u624b\u53bb\u91cf\u7eb2<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>df&#91;'range_pct'] = df&#91;'range'] \/ df&#91;'close']\ndf&#91;'turn_ratio'] = df&#91;'turnover'] \/ df&#91;'turnover'].rolling(20).mean().shift(1)<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\">\u4fee\u5b8c\u518d\u770b\uff0c\u540c\u6837\u6761\u4ef6\u4e0b\u4fe1\u53f7\u4ece 5 \u4e2a\u53d8\u6210 4 \u4e2a\u3002\u6570\u91cf\u5dee\u522b\u4e0d\u5927\uff0c\u53ef\u65b9\u5411\u662f\u810f\u7684\u3002\u591a\u51fa\u6765\u7684\u90a3\u4e00\u4e2a\uff0c\u662f\u56de\u6d4b\u62ff\u672a\u6765\u6570\u636e\u7ed9\u4f60\u53d1\u7684\u7cd6\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4ee5\u540e\u770b\u89c1\u56de\u6d4b\u7279\u522b\u6f02\u4eae\u7684\u4e1c\u897f\uff0c\u5148\u95ee\u4e00\u53e5\u3002\u8fd9\u4e2a\u6570\uff0c\u5f53\u5929\u6536\u76d8\u7684\u65f6\u5019\u6211\u7b97\u5f97\u51fa\u6765\u5417\u3002\u7b97\u4e0d\u51fa\u6765\uff0c\u5c31\u662f\u524d\u89c6\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e94\u3001\u7b2c\u4e09\u4e2a\u5751\uff0c\u9608\u503c\u6f02\u79fb<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e24\u4e2a\u5751\u8865\u4e0a\u4e86\uff0c\u6307\u6807\u5e72\u51c0\u4e86\u3002\u8868\u51fa\u6765\u4e86\uff0c\u54b1\u4eec\u62c6\u6570\u5b57\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e3b\u53e3\u5f84\u8fd9\u6837\u5b9a\uff0c\u632f\u5e45\u53d6\u5168\u6837\u672c\u6700\u5c0f\u7684 20%\uff0c\u653e\u91cf\u500d\u6570\u53d6 2 \u500d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u2463 \u4e3b\u53e3\u5f84\uff0c\u7a84\u5e45\u52a0\u653e\u91cf<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>sig = (df&#91;'range_pct'] &lt; df&#91;'range_pct'].quantile(0.20)) &amp; (df&#91;'turn_ratio'] &gt;= 2.0)<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\">\u8003\u9a8c\u5728\u653e\u91cf\u500d\u6570\u4e0a\u3002\u53d6 3 \u500d\uff0c\u516d\u5e74\u51fa 1 \u4e2a\u4fe1\u53f7\u3002\u653e\u5bbd\u5230 2.5 \u500d\uff0c2 \u4e2a\u30022 \u500d\uff0c4 \u4e2a\u30021.5 \u500d\uff0c13 \u4e2a\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><th class=\"has-text-align-center\" data-align=\"center\">\u653e\u91cf\u500d\u6570\u9608\u503c<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u4fe1\u53f7\u6570<\/th><th class=\"has-text-align-center\" data-align=\"center\">\u53e0\u52a060\u65e5\u7ebf\u4e0b\u65b9<\/th><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">3.0<\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><td class=\"has-text-align-center\" data-align=\"center\">0<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2.5<\/td><td class=\"has-text-align-center\" data-align=\"center\">2<\/td><td class=\"has-text-align-center\" data-align=\"center\">0<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">2.0<\/td><td class=\"has-text-align-center\" data-align=\"center\">4<\/td><td class=\"has-text-align-center\" data-align=\"center\">1<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">1.5<\/td><td class=\"has-text-align-center\" data-align=\"center\">13<\/td><td class=\"has-text-align-center\" data-align=\"center\">4<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b5b\u5b50\u4ece&#8221;\u51e0\u4e4e\u6293\u4e0d\u5230&#8221;\u5230&#8221;\u4e00\u5806\u4fe1\u53f7&#8221;\uff0c\u53ea\u52a8\u4e86 1.5 \u500d\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u54ea\u4e2a\u662f\u5bf9\u7684\u3002\u4e0d\u77e5\u9053\u3002\u8fd9\u4e2a\u5f62\u6001\u6ca1\u6709\u5ba2\u89c2\u7684\u8fb9\u754c\uff0c\u6bcf\u4e2a\u6807\u7684\u3001\u6bcf\u4e2a\u53c2\u6570\u53d6\u6cd5\uff0c\u7ed3\u8bba\u90fd\u4e0d\u4e00\u6837\u3002\u7b5b\u5b50\u7684\u677e\u7d27\u662f\u4f60\u5728\u66ff\u5e02\u573a\u505a\u51b3\u5b9a\uff0c\u4e0d\u662f\u5e02\u573a\u5728\u544a\u8bc9\u4f60\u7b54\u6848\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u516d\u3001\u7b2c\u516d\u4e2a\u4f8b\u5b50\uff0c510300<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u6807\u5c3a\u4fee\u597d\u4e86\uff0c\u8be5\u62ff\u5b83\u53bb\u91cf\u4e86\u3002\u6211\u62ff 2 \u500d\u8fd9\u6863\u505a\u4e3b\u53e3\u5f84\uff0c\u68c0\u9a8c\u4fe1\u53f7\u8d28\u91cf\u30026 \u5e74 4 \u4e2a\u4fe1\u53f7\uff0c\u4fe1\u53f7\u6b21\u65e5\u89c6\u4e3a\u8fdb\u573a\u70b9\uff0c\u5f80\u540e\u770b 10 \u4e2a\u4ea4\u6613\u65e5\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals-1024x576.png\" alt=\"\" class=\"wp-image-4886\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals-1024x576.png 1024w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals-300x169.png 300w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals-768x432.png 768w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals-1536x864.png 1536w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/chart1_signals.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">510300 \u6295\u964d\u4fe1\u53f7\u5206\u5e03\uff08\u7a84\u5e4520%\u5206\u4f4d \u00d7 \u653e\u91cf2\u500d \u00d7 60\u65e5\u7ebf\u4e0b\u65b9\uff09<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">4 \u4e2a\u4fe1\u53f7\uff0c\u540e 10 \u65e5\u80dc\u7387 25%\uff0c\u5e73\u5747\u6536\u76ca\u8d1f 1.5%\u3002\u540c\u671f\u5168\u6837\u672c\u968f\u4fbf\u6311\u4e00\u5929\u5f80\u540e\u770b 10 \u65e5\uff0c\u80dc\u7387 49.2%\uff0c\u5e73\u5747\u6b63 0.23%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd8\u662f\u6bd4\u778e\u8499\u5dee\u4e00\u622a\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u518d\u6309\u5f62\u6001\u7684\u539f\u59cb\u8bed\u4e49\u6536\u7d27\uff0c\u8981\u6c42\u4fe1\u53f7\u65e5\u6536\u76d8\u4ef7\u7ad9\u5728 60 \u65e5\u5747\u7ebf\u4e0b\u65b9\uff0c\u4e5f\u5c31\u662f\u53ea\u8ba4\u8dcc\u52bf\u91cc\u7684\u6295\u964d\u30026 \u5e74\u53ea\u5269 1 \u4e2a\u4fe1\u53f7\uff0c2023 \u5e74 12 \u6708 29 \u65e5\uff0c\u4e4b\u540e 5 \u4e2a\u4ea4\u6613\u65e5\u8dcc\u4e86 4.7%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6837\u672c\u91cf 4 \u4e2a\u548c 1 \u4e2a\uff0c\u4ec0\u4e48\u90fd\u8bc1\u660e\u4e0d\u4e86\uff0c\u5b83\u4eec\u8fde&#8221;\u7b56\u7565\u65e0\u6548&#8221;\u90fd\u8bc1\u660e\u4e0d\u4e86\u3002\u5b83\u4eec\u80fd\u8bc1\u660e\u7684\u53ea\u6709\u4e00\u4ef6\u4e8b\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5728\u5bbd\u57fa\u6307\u6570\u4e0a\uff0c\u8fd9\u4e2a\u5f62\u6001\u516d\u5e74\u53ea\u4e2a\u4f4d\u6570\u51fa\u73b0\uff0c\u800c\u4e14\u51fa\u73b0\u7684\u51e0\u6b21\u4e5f\u90fd\u4e0d\u597d\u770b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u4e03\u3001\u4e3a\u4ec0\u4e48\u5bbd\u57fa\u957f\u4e0d\u51fa\u6295\u964d\u65e5<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b54\u6848\u5728\u5f62\u6001\u7684\u6210\u56e0\u91cc\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6295\u964d\u65e5\u7684\u672c\u8d28\uff0c\u662f\u5355\u4e00\u6807\u7684\u7684\u7b79\u7801\u5728\u540c\u4e00\u5929\u96c6\u4e2d\u6362\u624b\u3002\u4e00\u53ea\u7968\u7684\u6301\u6709\u4eba\u7ed3\u6784\u76f8\u5bf9\u96c6\u4e2d\uff0c\u6050\u614c\u7684\u65f6\u5019\u5927\u5bb6\u62a2\u7740\u8dd1\uff0c\u91cf\u80fd\u80fd\u5728\u4e00\u5929\u91cc\u51b2\u5230\u5e73\u65f6\u7684\u4e94\u500d\u5341\u500d\uff0c\u4ef7\u683c\u56e0\u4e3a\u6709\u4eba\u63a5\u4f4f\u800c\u6536\u7a84\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e2a\u80a1\u7684\u60c5\u7eea\u662f\u5171\u632f\u7684\u3002\u6240\u4ee5\u8fd9\u4e2a\u5f62\u6001\u5728\u6ce2\u97f3\u3001\u7279\u65af\u62c9\u8eab\u4e0a\u53cd\u590d\u51fa\u73b0\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6307\u6570\u662f\u51e0\u767e\u53ea\u80a1\u7968\u7684\u5e73\u5747\u3002\u67d0\u51e0\u5341\u53ea\u7968\u6050\u614c\u7684\u65f6\u5019\uff0c\u603b\u6709\u53e6\u5916\u4e00\u6279\u5728\u6da8\uff0c\u6574\u4f53\u91cf\u80fd\u88ab\u644a\u5e73\u3002\u516d\u5e74\u91cc\uff0c\u6caa\u6df1300ETF \u6210\u4ea4\u989d\u653e\u5927\u5230\u524d 20 \u65e5\u5747\u503c 3 \u500d\u4ee5\u4e0a\u7684\u65e5\u5b50\uff0c\u4e00\u53ea\u624b\u6570\u5f97\u8fc7\u6765\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6307\u6570\u6ca1\u6709\u6050\u614c\u65e5\uff0c\u53ea\u6709\u6301\u7eed\u7684\u4f4e\u8ff7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u628a\u4e2a\u80a1\u4e0a\u603b\u7ed3\u7684\u5f62\u6001\u642c\u5230\u6307\u6570\u4e0a\uff0c\u7b49\u4e8e\u62ff\u7740\u6e14\u6c11\u89c2\u5bdf\u9cb8\u9c7c\u7684\u7ecf\u9a8c\u53bb\u770b\u9c7c\u7fa4\uff0c\u5bf9\u8c61\u7684\u884c\u4e3a\u6a21\u5f0f\u6839\u672c\u4e0d\u540c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6807\u7684\u7684\u884c\u4e3a\u7ed3\u6784\u51b3\u5b9a\u7b5b\u5b50\u7684\u751f\u6b7b\uff0c\u6bd4\u53c2\u6570\u91cd\u8981\u5f97\u591a\u3002\u6240\u4ee5\u8fd9\u5957\u7b5b\u5b50\u60f3\u53d1\u6325\u7528\u5904\uff0c\u56de\u4e2a\u80a1\u53bb\uff0c\u522b\u8d56\u5728\u5bbd\u57fa\u4e0a\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u516b\u3001\u6b63\u786e\u7528\u6cd5\uff0c\u89c2\u5bdf\u6e05\u5355\u4e0d\u662f\u81ea\u52a8\u7b5b\u673a<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u5230\u8fd9\u91cc\uff0c\u7b5b\u5b50\u7684\u5b9a\u4f4d\u5c31\u6e05\u695a\u4e86\u3002\u5b83\u662f\u5165\u573a\u8fc7\u6ee4\u5668\uff0c\u5e2e\u4f60\u628a\u503c\u5f97\u770b\u7b2c\u4e8c\u773c\u7684\u65e5\u5b50\u635e\u51fa\u6765\uff0c\u4ec5\u6b64\u800c\u5df2\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u843d\u5230\u65e5\u5e38\uff0c\u5c31\u4e09\u4e2a\u52a8\u4f5c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b5b\u51fa\u6765\u7684\u65e5\u5b50\uff0c\u70b9\u5f00\u56fe\u770b\u7b2c\u4e8c\u773c\uff0c\u786e\u8ba4\u91cf\u80fd\u662f\u4e0d\u662f\u771f\u6050\u614c\u3001\u4f4d\u7f6e\u662f\u4e0d\u662f\u771f\u5728\u5927\u8dcc\u672b\u7aef\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u770b\u8fc7\u7684\u4fe1\u53f7\uff0c\u9884\u8bbe\u6b62\u635f\uff0c\u653e\u5728\u4fe1\u53f7 K \u7ebf\u7684\u4f4e\u70b9\u4e0b\u65b9\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u9519\u4e86\uff0c\u4e8f\u4e00\u5c0f\u7b14\u786e\u5b9a\u7684\u94b1\uff1b\u5bf9\u4e86\uff0c\u8ddf\u7684\u662f\u5f62\u6001\u672c\u8eab\u7684\u80dc\u7387\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"575\" src=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-1024x575.png\" alt=\"\" class=\"wp-image-4885\" srcset=\"https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-1024x575.png 1024w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-300x169.png 300w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-768x431.png 768w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-1536x863.png 1536w, https:\/\/laoyulaoyu.com\/wp-content\/uploads\/2026\/09\/02-watchlist-2048x1151.png 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">\u673a\u5668\u6d77\u9009\uff0c\u4eb2\u81ea\u770b\u56fe\uff0c\u6b62\u635f\u5148\u753b\u597d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u8981\u9632\u7684\u662f\u53cd\u8fc7\u6765\u7528\u3002\u628a\u624b\u8c03\u9608\u503c\u7684\u89c2\u5bdf\u5de5\u5177\u5f53\u6210\u81ea\u52a8\u7b5b\u9009\u673a\uff0c\u8dd1\u5230\u81ea\u5df1\u6ca1\u770b\u8fc7\u7684\u6807\u7684\u4e0a\u76f4\u63a5\u8ba4\u4fe1\u53f7\u3002\u90a3\u5f62\u6001\u91cc\u5076\u5c14\u6df7\u8fdb\u53bb\u7684\u5047\u4fe1\u53f7\uff0c\u4f1a\u4e00\u6b21\u4e00\u6b21\u51fa\u73b0\u5728\u4f60\u7684\u6301\u4ed3\u91cc\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u987a\u624b\u7ed9\u4e00\u5957\u9a8c\u4f2a\u4e09\u6b65\uff0c\u4ee5\u540e\u89c1\u5230\u4efb\u4f55\u5f62\u6001\u7c7b\u7b5b\u9009\u5668\u90fd\u80fd\u7528\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7b2c\u4e00\u6b65\uff0c\u67e5\u91cf\u7eb2\u3002<\/strong>\u9608\u503c\u91cc\u51fa\u73b0 0.00000005 \u8fd9\u79cd\u6570\uff0c\u5148\u95ee\u5b83\u662f\u8c01\u7684\u91cf\u7eb2\u3002\u6362\u4e00\u4e2a\u6807\u7684\u91cd\u7b97\uff0c\u4fe1\u53f7\u6570\u91cf\u7ea7\u4e0d\u53d8\u624d\u7b97\u8fc7\u5173\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7b2c\u4e8c\u6b65\uff0c\u52a8\u9608\u503c\u3002<\/strong>\u628a\u5173\u952e\u53c2\u6570\u4e0a\u4e0b\u677e 30%\uff0c\u4fe1\u53f7\u6570\u91cf\u7ffb\u51e0\u500d\u6216\u8005\u5f52\u96f6\uff0c\u8bf4\u660e\u7ed3\u8bba\u662f\u53c2\u6570\u7684\uff0c\u4e0d\u662f\u89c4\u5f8b\u7684\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u7b2c\u4e09\u6b65\uff0c\u6bd4\u57fa\u51c6\u3002<\/strong>\u4fe1\u53f7\u7684\u4e8b\u540e\u6536\u76ca\uff0c\u5fc5\u987b\u8ddf\u5168\u6837\u672c\u968f\u673a\u8fdb\u573a\u7684\u57fa\u51c6\u6bd4\u3002\u4e0d\u6bd4\u57fa\u51c6\u7684\u80dc\u7387\u6ca1\u6709\u610f\u4e49\uff0c50% \u53ef\u80fd\u662f\u5929\u8d4b\uff0c\u4e5f\u53ef\u80fd\u662f\u884c\u60c5\u672c\u8eab\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e09\u6b65\u534a\u5c0f\u65f6\uff0c\u80fd\u6321\u6389\u5927\u90e8\u5206\u770b\u8d77\u6765\u5f88\u7f8e\u7684\u5f62\u6001\u6559\u7a0b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u89c2\u70b9\u603b\u7ed3<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u8fd9\u7bc7\u642d\u5b8c\uff0c\u4e09\u5c42\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5f62\u6001\u662f\u771f\u7684\uff0c\u6295\u964d\u65e5\u5728\u4e2a\u80a1\u5927\u8dcc\u672b\u7aef\u53cd\u590d\u51fa\u73b0\uff0c\u524d\u4e94\u4e2a\u6848\u4f8b\u6ca1\u6709\u9a97\u4eba\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u7b5b\u5b50\u662f\u96be\u7684\uff0c\u91cf\u7eb2\u3001\u524d\u89c6\u3001\u9608\u503c\u6f02\u79fb\uff0c\u4e09\u9053\u574e\u6bcf\u4e00\u9053\u90fd\u80fd\u8ba9\u6ca1\u51c6\u5907\u7684\u4eba\u62ff\u5230\u4e00\u5806\u5047\u4fe1\u53f7\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6807\u7684\u662f\u547d\u95e8\uff0c\u5bbd\u57fa\u6307\u6570\u516d\u5e74\u53ea\u7ed9\u4e2a\u4f4d\u6570\u6837\u672c\uff0c\u4e8b\u540e\u8fd8\u8dd1\u8f93\u968f\u673a\u3002\u8fd9\u4e2a\u5f62\u6001\u5c5e\u4e8e\u4e2a\u80a1\u7684\u6050\u614c\uff0c\u4e0d\u5c5e\u4e8e\u6307\u6570\u7684\u9634\u8dcc\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6700\u540e\u7559\u4e00\u4e2a\u8ddf\u6570\u636e\u76f4\u63a5\u6302\u94a9\u7684\u95ee\u9898\u3002\u4f60\u7528\u8fc7\u7684\u5f62\u6001\u7b5b\u9009\u5668\u91cc\uff0c\u6709\u6ca1\u6709\u6362\u4e00\u4e2a\u6807\u7684\u5c31\u5b8c\u5168\u5931\u7075\u7684\uff1f\u8bc4\u8bba\u533a\u62a5\u4e2a\u540d\u5b57\uff0c\u6211\u6311\u51e0\u4e2a\u590d\u73b0\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5b8c\u6574\u53ef\u8fd0\u884c\u811a\u672c\u5728\u6587\u672b\uff0c\u6570\u636e\u6362\u6210\u4f60\u81ea\u5df1\u7684\u6807\u7684\uff0c\u4e00\u5206\u949f\u51fa\u7ed3\u679c\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u89c9\u5f97\u6709\u7528\u7684\u8bdd\uff0c\u628a\u8fd9\u7bc7\u8f6c\u7ed9\u540c\u6837\u5728\u642d\u7b5b\u9009\u5668\u7684\u670b\u53cb\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u5b8c\u6574\u590d\u73b0\u811a\u672c\uff08\u590d\u5236\u5373\u7528\uff09<\/strong><\/p>\n\n\n\n<pre class=\"wp-block-code\"><code># -*- coding: utf-8 -*-\n\n\"\"\"\n\u5de8\u91cf\u7a84\u5e45K\u7ebf\u6295\u964d\u4fe1\u53f7\u7b5b\u9009\u5668\uff08510300\uff0c2020-2026\uff09\n\u4f9d\u8d56\uff1apip install pandas numpy matplotlib\n\u6570\u636e\uff1a\u628a 510300_daily.csv \u6362\u6210\u4f60\u81ea\u5df1\u7684\u65e5\u7ebf CSV\uff08\u5217\u540d date, open, high, low, close + \u6210\u4ea4\u989d\u5217\uff09\n\"\"\"\n\nimport numpy as np\nimport pandas as pd\nimport matplotlib.pyplot as plt\n\nplt.rcParams&#91;\"font.sans-serif\"] = &#91;\"Microsoft YaHei\", \"SimHei\"]\nplt.rcParams&#91;\"axes.unicode_minus\"] = False\n\n\n# ---------- 1. \u6570\u636e ----------\ndf = pd.read_csv(\"510300_daily.csv\", parse_dates=&#91;\"date\"]).set_index(\"date\").sort_index()\ndf.columns = &#91;c.strip().lower() for c in df.columns]\n\n# \u6210\u4ea4\u989d\u5217\u540d\u5404\u5bb6\u4e0d\u4e00\u6837\uff0camount \/ turnover \/ \u6210\u4ea4\u989d \u90fd\u8ba4\uff0c\u53d6\u7b2c\u4e00\u4e2a\u5b58\u5728\u7684\namt_col = next(c for c in &#91;\"turnover\", \"amount\", \"\u6210\u4ea4\u989d\", \"turn\", \"amt\"] if c in df.columns)\ndf = df.rename(columns={amt_col: \"turnover\"})\ndf = df&#91;df.index >= \"2020-01-01\"]\ndf&#91;\"ret\"] = df&#91;\"close\"].pct_change().fillna(0.0)\n\nprint(f\"\u5171 {len(df)} \u6839\uff0c{df.index&#91;0].date()} ~ {df.index&#91;-1].date()}\uff0c\u6210\u4ea4\u989d\u5217 = {amt_col}\")\n\n\n# ---------- 2. \u8d77\u6b65\u7248\u53e3\u5f84\uff1a\u56fa\u5b9a\u9608\u503c\uff08\u6f14\u793a\u91cf\u7eb2\u4e0d\u53ef\u8fc1\u79fb\uff09 ----------\ndf&#91;\"range\"] = df&#91;\"high\"] - df&#91;\"low\"]\ndf&#91;\"ratio\"] = df&#91;\"range\"] \/ df&#91;\"turnover\"]\nhits_orig = df&#91;(df&#91;\"ratio\"] &lt; 5e-8) &amp; (df&#91;\"turnover\"] > df&#91;\"turnover\"].mean())]\nprint(\"\u8d77\u6b65\u7248\u547d\u4e2d %d \u5929 \/ %d \u5929 (%.1f%%)\" %\n      (len(hits_orig), len(df), len(hits_orig) \/ len(df) * 100))\n\n\n# ---------- 3. \u76f8\u5bf9\u5316\u53e3\u5f84\uff08\u65e0\u91cf\u7eb2\uff0c\u53ef\u8de8\u6807\u7684\uff0c\u65e0\u524d\u89c6\uff09 ----------\ndf&#91;\"range_pct\"] = df&#91;\"range\"] \/ df&#91;\"close\"]\ndf&#91;\"turn_ratio\"] = df&#91;\"turnover\"] \/ df&#91;\"turnover\"].rolling(20).mean().shift(1)\ndf&#91;\"below_ma60\"] = df&#91;\"close\"] &lt; df&#91;\"close\"].rolling(60).mean()\n\n# \u9608\u503c\u654f\u611f\u6027\uff1a\u770b\u4fe1\u53f7\u6570\u968f\u53c2\u6570\u6f02\u79fb\nnarrow = df&#91;\"range_pct\"].quantile(0.20)\nfor k in &#91;3.0, 2.5, 2.0, 1.5]:\n    s = (df&#91;\"range_pct\"] &lt; narrow) &amp; (df&#91;\"turn_ratio\"] >= k)\n    print(f\"\u653e\u91cf>{k}\u500d: \u4fe1\u53f7 {int(s.sum())} \u4e2a, \u53e0\u52a060\u65e5\u7ebf\u4e0b\u65b9 {int((s &amp; df&#91;'below_ma60']).sum())} \u4e2a\")\n\nsig = (df&#91;\"range_pct\"] &lt; narrow) &amp; (df&#91;\"turn_ratio\"] >= 2.0)   # \u4e3b\u53e3\u5f84\uff1a4 \u4e2a\u4fe1\u53f7\nsig_ma60 = sig &amp; df&#91;\"below_ma60\"]                              # \u6536\u7d27\u7248\uff1a\u53ea\u8ba4\u8dcc\u52bf\u91cc\u7684\u6295\u964d\uff0c6 \u5e74\u53ea\u5269 1 \u4e2a\nprint(f\"\u4e3b\u53e3\u5f84\u4fe1\u53f7 {int(sig.sum())} \u4e2a\uff0c\u53e0\u52a060\u65e5\u7ebf\u4e0b\u65b9\u540e {int(sig_ma60.sum())} \u4e2a\")\n\n\n# ---------- 4. \u4fe1\u53f7\u8d28\u91cf\uff1a\u6b21\u65e5\u8fdb\u573a\uff0c\u672a\u6765 N \u65e5\u6536\u76ca vs \u57fa\u51c6 ----------\ndef signal_stats(sig, horizon, tag=\"\"):\n    outs = &#91;]\n    for t in df.index&#91;sig.reindex(df.index, fill_value=False)]:\n        loc = df.index.get_loc(t)\n        if loc + horizon &lt; len(df):\n            outs.append(df&#91;\"close\"].iloc&#91;loc + horizon] \/ df&#91;\"close\"].iloc&#91;loc] - 1)\n    base = (df&#91;\"close\"].shift(-horizon) \/ df&#91;\"close\"] - 1).dropna()\n    s = pd.Series(outs)\n    if s.empty:\n        print(f\"{tag} \u540e{horizon}\u65e5\uff1a\u65e0\u4fe1\u53f7\")\n        return\n    print(f\"{tag} \u4fe1\u53f7\u6570 {len(s)}, \u540e{horizon}\u65e5\u80dc\u7387 {(s>0).mean()*100:.0f}%, \"\n          f\"\u5e73\u5747 {s.mean()*100:.2f}%, \u57fa\u51c6\u80dc\u7387 {(base>0).mean()*100:.1f}%, \"\n          f\"\u57fa\u51c6\u5e73\u5747 {base.mean()*100:.2f}%\")\n\nfor h in &#91;5, 10, 20]:\n    signal_stats(sig, h, \"\u4e3b\u53e3\u5f84\")\nprint(\"--- \u6536\u7d27\u7248\uff1a\u6536\u76d8\u4ef7\u572860\u65e5\u5747\u7ebf\u4e0b\u65b9 ---\")\nfor h in &#91;5, 10, 20]:\n    signal_stats(sig_ma60, h, \"\u6536\u7d27\u7248\")\n\n\n# ---------- 5. \u4fe1\u53f7\u5206\u5e03\u56fe ----------\nfig, ax = plt.subplots(figsize=(12.8, 7.2), dpi=150)\nax.plot(df.index, df&#91;\"close\"], color=\"#5a7fa8\", lw=1.0, label=\"510300 \u6536\u76d8\u4ef7\")\npts = df&#91;sig]\nax.scatter(pts.index, pts&#91;\"close\"], color=\"#e17055\", s=64, marker=\"v\",\n           zorder=5, label=f\"\u6295\u964d\u4fe1\u53f7\uff08{len(pts)} \u4e2a\uff09\")\nax.legend()\nax.grid(alpha=0.3)\nfig.tight_layout()\nfig.savefig(\"candle_signal_check.png\")\nplt.show()<\/code><\/pre>\n\n\n\n<p class=\"wp-block-paragraph\"><a>#\u91cf\u5316\u56de\u6d4b<\/a>&nbsp;<a>#K\u7ebf\u5f62\u6001<\/a>&nbsp;<a>#\u6210\u4ea4\u91cf\u5206\u6790<\/a>&nbsp;<a>#\u6295\u964d\u4fe1\u53f7<\/a>&nbsp;<a>#Python\u91cf\u5316<\/a>&nbsp;<a>#\u6caa\u6df1300ETF<\/a>&nbsp;<a>#510300<\/a>&nbsp;<a>#\u7b56\u7565\u590d\u73b0<\/a>&nbsp;<a>#\u9009\u80a1\u8fc7\u6ee4\u5668<\/a>&nbsp;<a>#\u91cf\u7eb2\u9677\u9631<\/a>&nbsp;<a>#\u91d1\u878d\u5de5\u7a0b<\/a>&nbsp;<a>#\u6563\u6237\u9632\u5751<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">\u514d\u8d23\u58f0\u660e\uff1a\u672c\u6587\u6240\u6709\u56de\u6d4b\u6570\u636e\u4ec5\u4e3a\u6280\u672f\u7814\u7a76\u7528\u9014\uff0c\u5386\u53f2\u8868\u73b0\u4e0d\u4ee3\u8868\u672a\u6765\u3002\u6587\u4e2d\u4e0d\u6784\u6210\u4efb\u4f55\u64cd\u4f5c\u5efa\u8bae\uff0c\u636e\u6b64\u64cd\u4f5c\u98ce\u9669\u81ea\u8d1f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4f5c \u8005\uff1a\u8001\u4f59\u635e\u9c7c \u539f\u521b\u4e0d\u6613\uff0c\u8f6c\u8f7d\u8bf7\u6807\u660e\u51fa\u5904\u53ca\u539f\u4f5c\u8005&#8230;<\/p>\n<div class=\"more-link-wrapper\"><a class=\"more-link\" href=\"https:\/\/laoyulaoyu.com\/index.php\/2026\/09\/15\/%e5%b0%8fk%e7%ba%bf%e8%97%8f%e7%9d%80%e5%a4%a7%e4%bf%a1%e5%8f%b7%ef%bc%8c6%e8%a1%8c%e4%bb%a3%e7%a0%81%e5%b0%b1%e8%83%bd%e6%90%ad%e4%b8%80%e4%b8%aa%e6%8a%95%e9%99%8d%e4%bf%a1%e5%8f%b7\/\">Continue reading<span 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