假定每只股票都有一个内在价值,那是基于投资者对公司的未来净现金流量的现值期望。该股价反映了投资者根据公司的现有现状和相关的未来发展前景的最新信息,对股票的内在价值的估计。股价通过时间的变化,只是在对公司相关信息作回应。纯人手翻译,欢迎采纳~ 原文如下: each share ** assumed to h**e an intrinsic value that ** based on investors expectations about the present value of the firms future net cash flows. the price of the share reflects investors estimation of the shares intrinsic value,and ** based on the latest **rmation **ailable and relevant to the company's current state and its future prospects.variations in the price of the share through time should only be in response to changes in the relevant ** concerning the company.