Title: Data analysis of CSI 800 industry index by using factor analysis model

Authors: Chunfen Xu

Addresses: Jiaxing Vocational Technical College, Jiaxing, Zhejiang, China

Abstract: This paper studies the linkages among the industries based on CSI 800 industry index, which provides mass complicated data for industry research. Factor analysis, a useful data analysis tool, allows researchers to investigate concepts that are not easily measured directly by collapsing a large number of variables into a few interpretable underlying factors. Firstly, data of ten industries in the period from September 2009 to March 2017 is collected from CSI 800 Index and correlational analyses are conducted. Secondly, this paper establishes an appropriate evaluation system, and then uses factor analysis to do dimension reduction. Finally, some characteristics and trends in various industries are obtained.

Keywords: industry research; CSI 800 index; correlation analysis; factor analysis; dimension reduction.

DOI: 10.1504/IJGUC.2019.102714

International Journal of Grid and Utility Computing, 2019 Vol.10 No.6, pp.672 - 680

Received: 02 Jan 2018
Accepted: 05 Apr 2018

Published online: 09 Aug 2019 *

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