A股市场快照：宽基指数每日投资动态-20251217

• The report primarily focuses on tracking and analyzing the performance of broad-based indices in the A-share market, including their daily, weekly, monthly, and yearly returns, as well as their relative positions to moving averages and historical highs and lows[1][10][14] - The analysis includes metrics such as trading turnover rates, with indices like CSI 2000 (3.93) and CSI 1000 (2.34) showing the highest turnover rates among the broad-based indices on December 16, 2025[17] - The report evaluates the distribution of daily returns for indices, highlighting characteristics such as kurtosis and skewness. For instance, the ChiNext Index exhibits the largest negative kurtosis deviation, while CSI 1000 shows the smallest negative kurtosis deviation. Similarly, the ChiNext Index has the largest negative skewness, and CSI 1000 has the smallest[23][25] - Risk premium analysis is conducted using the 10-year government bond yield as a risk-free rate benchmark. Indices like SSE 50 (12.22%) and CSI 2000 (10.56%) have relatively high 5-year percentile values, while ChiNext Index (8.25%) and CSI 500 (8.17%) are lower[27][31] - The report also examines valuation metrics such as PE-TTM. CSI 500 (93.88%) and CSI 1000 (93.14%) have the highest 5-year percentile values, while CSI 2000 (78.51%) and ChiNext Index (55.12%) are relatively lower[39][43] - Dividend yield analysis reveals that ChiNext Index (67.44%) and CSI 1000 (55.04%) are at higher 5-year historical percentiles, whereas SSE 50 (32.23%) and CSI 500 (28.1%) are at lower percentiles[51][53] - The report tracks the percentage of stocks trading below their book value (PB ratio < 1). As of the report date, the PB ratio percentages are as follows: SSE 50 (24.0%), CSI 300 (16.67%), CSI 500 (11.2%), CSI 1000 (8.3%), CSI 2000 (3.95%), and CSI All Share (6.61%)[57]