Econometric models were established between shares fluidity, fluctuation and capitalization rate and relevant macro variables. Main methods of econometric measurement used are Unit root test, Co-integration test and Granger causality test. 主要用到的计量方法有单位根检验、协整检验,构建了股票市场流动性、波动性和资本化率指标与宏观经济相关变量的计量模型。