diff --git a/app/features/evaluation.py b/app/features/evaluation.py
index 485743a..0a46121 100644
--- a/app/features/evaluation.py
+++ b/app/features/evaluation.py
@@ -83,11 +83,11 @@ def evaluate_factor(
     # 导入进度状态模块
     from app.ui.progress_state import factor_progress
     
-    # 开始因子计算进度
-    factor_progress.start_calculation(
-        total_securities=len(universe) if universe else 0,
-        message=f"开始评估因子 {factor_name}"
-    )
+    # 开始因子计算进度（在异步线程中不直接访问factor_progress）
+    # factor_progress.start_calculation(
+    #     total_securities=len(universe) if universe else 0,
+    #     message=f"开始评估因子 {factor_name}"
+    # )
     
     try:
         # 计算因子值
@@ -98,17 +98,17 @@ def evaluate_factor(
             ts_codes=universe
         )
         
-        # 因子计算完成
-        factor_progress.complete_calculation(
-            message=f"因子 {factor_name} 评估完成"
-        )
+        # 因子计算完成（在异步线程中不直接访问factor_progress）
+        # factor_progress.complete_calculation(
+        #     message=f"因子 {factor_name} 评估完成"
+        # )
         
     except Exception as e:
-        # 因子计算失败
-        factor_progress.complete_calculation(
-            message=f"因子 {factor_name} 评估失败: {str(e)}",
-            success=False
-        )
+        # 因子计算失败（在异步线程中不直接访问factor_progress）
+        # factor_progress.complete_calculation(
+        #     message=f"因子 {factor_name} 评估失败: {str(e)}",
+        #     success=False
+        # )
         raise
     
     # 按日期分组
diff --git a/app/features/factors.py b/app/features/factors.py
index b3a5c79..8695bdc 100644
--- a/app/features/factors.py
+++ b/app/features/factors.py
@@ -165,11 +165,11 @@ def compute_factors(
     rows_to_persist: List[tuple[str, Dict[str, float | None]]] = []
     
     try:
-        # 启动UI进度状态
-        factor_progress.start_calculation(
-            total_securities=len(universe),
-            total_batches=(len(universe) + batch_size - 1) // batch_size
-        )
+        # 启动UI进度状态（在异步线程中不直接访问factor_progress）
+        # factor_progress.start_calculation(
+        #     total_securities=len(universe),
+        #     total_batches=(len(universe) + batch_size - 1) // batch_size
+        # )
         
         # 分批处理以优化性能
         for i in range(0, len(universe), batch_size):
@@ -332,13 +332,13 @@ def _compute_batch_factors(
     # 批次化数据可用性检查
     available_codes = _check_batch_data_availability(broker, ts_codes, trade_date, specs)
     
-    # 更新UI进度状态 - 开始处理批次
-    if total_securities > 0:
-        factor_progress.update_progress(
-            current_securities=processed_securities,
-            current_batch=batch_index + 1,
-            message=f"开始处理批次 {batch_index + 1}/{total_batches}"
-        )
+    # 更新UI进度状态 - 开始处理批次（在异步线程中不直接访问factor_progress）
+    # if total_securities > 0:
+    #     factor_progress.update_progress(
+    #         current_securities=processed_securities,
+    #         current_batch=batch_index + 1,
+    #         message=f"开始处理批次 {batch_index + 1}/{total_batches}"
+    #     )
     
     for i, ts_code in enumerate(ts_codes):
         try:
diff --git a/app/ui/streamlit_app.py b/app/ui/streamlit_app.py
index 1cf7bd8..b5cd783 100644
--- a/app/ui/streamlit_app.py
+++ b/app/ui/streamlit_app.py
@@ -28,6 +28,7 @@ from app.ui.views import (
     render_stock_evaluation,
     render_tests,
     render_today_plan,
+    render_factor_calculation,
 )
 from app.utils.config import get_config
 
@@ -79,11 +80,13 @@ def main() -> None:
     with tabs[1]:
         render_pool_overview()
     with tabs[2]:
-        backtest_tabs = st.tabs(["回测复盘", "股票评估"])
+        backtest_tabs = st.tabs(["回测复盘", "股票评估", "因子计算"])
         with backtest_tabs[0]:
             render_backtest_review()
         with backtest_tabs[1]:
             render_stock_evaluation()
+        with backtest_tabs[2]:
+            render_factor_calculation()
     with tabs[3]:
         render_market_visualization()
     with tabs[4]:
diff --git a/app/ui/views/__init__.py b/app/ui/views/__init__.py
index df3a5d0..4a87de9 100644
--- a/app/ui/views/__init__.py
+++ b/app/ui/views/__init__.py
@@ -9,6 +9,7 @@ from .settings import render_config_overview, render_llm_settings, render_data_s
 from .tests import render_tests
 from .dashboard import render_global_dashboard, update_dashboard_sidebar
 from .stock_eval import render_stock_evaluation
+from .factor_calculation import render_factor_calculation
 
 __all__ = [
     "render_today_plan",
@@ -23,4 +24,5 @@ __all__ = [
     "render_global_dashboard",
     "update_dashboard_sidebar",
     "render_stock_evaluation",
+    "render_factor_calculation",
 ]
diff --git a/app/ui/views/factor_calculation.py b/app/ui/views/factor_calculation.py
new file mode 100644
index 0000000..5f08e8c
--- /dev/null
+++ b/app/ui/views/factor_calculation.py
@@ -0,0 +1,346 @@
+"""因子计算页面。"""
+from datetime import datetime, timedelta
+from typing import List, Optional
+import threading
+import time
+
+import streamlit as st
+
+from app.features.factors import compute_factors, DEFAULT_FACTORS, FactorSpec
+from app.ui.progress_state import factor_progress
+from app.utils.data_access import DataBroker
+from app.utils.db import db_session
+
+
+def _get_latest_trading_date() -> datetime.date:
+    """获取数据库中的最新交易日期"""
+    with db_session() as session:
+        result = session.execute(
+            """
+            SELECT trade_date 
+            FROM daily_basic 
+            WHERE trade_date <= :today
+            GROUP BY trade_date 
+            ORDER BY trade_date DESC 
+            LIMIT 1
+            """,
+            {"today": datetime.now().strftime("%Y%m%d")}
+        ).fetchone()
+        
+        if result and result[0]:
+            return datetime.strptime(str(result[0]), "%Y%m%d").date()
+        return datetime.now().date() - timedelta(days=1)
+
+
+def _get_all_stocks() -> List[str]:
+    """获取所有股票代码"""
+    try:
+        # 从daily表获取所有股票代码
+        with db_session() as session:
+            latest_date = _get_latest_trading_date()
+            result = session.execute(
+                """
+                SELECT DISTINCT ts_code 
+                FROM daily 
+                WHERE trade_date = :trade_date
+                """,
+                {"trade_date": latest_date.strftime("%Y%m%d")}
+            ).fetchall()
+            
+            return [row[0] for row in result] if result else []
+    except Exception as e:
+        st.error(f"获取股票列表失败: {str(e)}")
+        return []
+
+
+def render_factor_calculation() -> None:
+    """渲染因子计算页面。"""
+    st.subheader("📊 因子计算")
+    st.caption("计算指定日期范围的因子值")
+    
+    # 1. 时间范围选择
+    col1, col2 = st.columns(2)
+    with col1:
+        latest_date = _get_latest_trading_date()
+        end_date = st.date_input(
+            "计算截止日期",
+            value=latest_date,
+            help="选择因子计算的截止日期"
+        )
+    with col2:
+        lookback_days = st.slider(
+            "回溯天数",
+            min_value=1,
+            max_value=365,
+            value=30,
+            step=1,
+            help="选择计算的历史数据长度"
+        )
+    start_date = end_date - timedelta(days=lookback_days)
+    
+    st.info(f"计算范围: {start_date} 至 {end_date} (共{lookback_days}天)")
+    
+    # 2. 因子选择
+    st.markdown("##### 选择要计算的因子")
+    
+    # 按因子类型分组
+    factor_groups = {
+        "动量类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("mom_")],
+        "波动率类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("volat_")],
+        "换手率类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("turn_")],
+        "估值类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("val_")],
+        "量价类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("volume_")],
+        "市场类因子": [f for f in DEFAULT_FACTORS if f.name.startswith("market_")],
+        "其他因子": [f for f in DEFAULT_FACTORS if not any(f.name.startswith(prefix) 
+                          for prefix in ["mom_", "volat_", "turn_", "val_", "volume_", "market_"])]
+    }
+    
+    selected_factors = []
+    for group_name, factors in factor_groups.items():
+        if factors:
+            st.markdown(f"###### {group_name}")
+            cols = st.columns(3)
+            for i, factor in enumerate(factors):
+                if cols[i % 3].checkbox(
+                    factor.name,
+                    value=True,  # 默认全选
+                    help=factor.description if hasattr(factor, 'description') else None,
+                    key=f"factor_checkbox_{factor.name}_{group_name}"  # 添加唯一key
+                ):
+                    selected_factors.append(factor)
+    
+    if not selected_factors:
+        st.warning("请至少选择一个因子进行计算")
+        return
+    
+    # 3. 股票池选择
+    st.markdown("##### 股票池范围")
+    pool_type = st.radio(
+        "选择股票池",
+        ["全部A股", "沪深300", "中证500", "中证1000", "自定义"],
+        index=0,
+        horizontal=True
+    )
+    
+    universe: Optional[List[str]] = None
+    if pool_type != "全部A股":
+        broker = DataBroker()
+        if pool_type == "自定义":
+            custom_codes = st.text_area(
+                "输入股票代码列表(每行一个)",
+                help="请输入股票代码，每行一个，例如: 000001.SZ"
+            )
+            if custom_codes:
+                universe = [
+                    code.strip()
+                    for code in custom_codes.split("\n")
+                    if code.strip()
+                ]
+        else:
+            index_code = {
+                "沪深300": "000300.SH",
+                "中证500": "000905.SH", 
+                "中证1000": "000852.SH"
+            }[pool_type]
+            universe = broker.get_index_stocks(
+                index_code,
+                end_date.strftime("%Y%m%d")
+            )
+    
+    # 4. 计算选项
+    st.markdown("##### 计算选项")
+    skip_existing = st.checkbox(
+        "跳过已计算的因子",
+        value=True,
+        help="如果勾选，将跳过数据库中已存在的因子计算结果"
+    )
+    
+    # 5. 异步计算函数
+    def run_factor_calculation_async():
+        """异步执行因子计算"""
+        # 在异步线程中避免直接访问st.session_state
+        # 使用全局变量或文件来传递进度信息
+        
+        # 计算参数
+        total_stocks = len(universe) if universe else len(_get_all_stocks())
+        total_batches = len(selected_factors)
+        
+        try:
+            # 执行因子计算
+            results = []
+            for i, factor in enumerate(selected_factors):
+                # 计算单个交易日的因子
+                current_date = start_date
+                while current_date <= end_date:
+                    try:
+                        # 计算指定日期的因子
+                        daily_results = compute_factors(
+                            current_date,
+                            [factor],
+                            ts_codes=universe,
+                            skip_existing=skip_existing
+                        )
+                        results.extend(daily_results)
+                        
+                    except Exception as e:
+                        # 记录错误但不中断计算
+                        error_msg = f"计算因子 {factor.name} 在日期 {current_date} 时出错: {str(e)}"
+                        print(f"ERROR: {error_msg}")
+                    
+                    current_date += timedelta(days=1)
+                
+                # 短暂暂停
+                time.sleep(0.1)
+            
+            # 计算完成，通过文件或全局变量传递结果
+            # 这里使用简单的文件方式传递结果
+            import json
+            import tempfile
+            import os
+            
+            # 创建临时文件存储结果
+            temp_dir = tempfile.gettempdir()
+            result_file = os.path.join(temp_dir, f"factor_calculation_{threading.get_ident()}.json")
+            
+            result_data = {
+                'success': True,
+                'results': [r.to_dict() if hasattr(r, 'to_dict') else str(r) for r in results],
+                'factors': [f.name for f in selected_factors],
+                'date_range': f"{start_date} 至 {end_date}",
+                'stock_count': len(set(r.ts_code for r in results)) if results else 0,
+                'message': f"因子计算完成！共计算 {len(results)} 条因子记录"
+            }
+            
+            with open(result_file, 'w', encoding='utf-8') as f:
+                json.dump(result_data, f, ensure_ascii=False, indent=2)
+                
+        except Exception as e:
+            # 计算失败
+            import json
+            import tempfile
+            import os
+            
+            temp_dir = tempfile.gettempdir()
+            result_file = os.path.join(temp_dir, f"factor_calculation_{threading.get_ident()}.json")
+            
+            error_data = {
+                'success': False,
+                'error': str(e),
+                'message': f"因子计算失败: {str(e)}"
+            }
+            
+            with open(result_file, 'w', encoding='utf-8') as f:
+                json.dump(error_data, f, ensure_ascii=False, indent=2)
+    
+    # 6. 开始计算按钮
+    if st.button("开始计算因子", disabled=not selected_factors):
+        # 重置状态
+        if 'factor_calculation_thread' in st.session_state:
+            st.session_state.factor_calculation_thread = None
+        if 'factor_calculation_results' in st.session_state:
+            st.session_state.factor_calculation_results = None
+        if 'factor_calculation_error' in st.session_state:
+            st.session_state.factor_calculation_error = None
+        
+        # 初始化进度状态
+        total_stocks = len(universe) if universe else len(_get_all_stocks())
+        factor_progress.start_calculation(
+            total_securities=total_stocks,
+            total_batches=len(selected_factors)
+        )
+        
+        # 启动异步线程
+        thread = threading.Thread(target=run_factor_calculation_async)
+        thread.daemon = True
+        thread.start()
+        st.session_state.factor_calculation_thread = thread
+        st.session_state.factor_calculation_thread_id = thread.ident
+        
+        # 显示计算中状态
+        st.info("因子计算已开始，请查看侧边栏进度显示...")
+        
+        # 强制重新运行以显示进度
+        st.rerun()
+    
+    # 7. 显示计算结果
+    if 'factor_calculation_results' in st.session_state and st.session_state.factor_calculation_results:
+        results = st.session_state.factor_calculation_results
+        
+        st.success("✅ 因子计算完成！")
+        
+        col1, col2, col3 = st.columns(3)
+        with col1:
+            st.metric("计算因子数量", len(results['factors']))
+        with col2:
+            st.metric("涉及股票数量", results['stock_count'])
+        with col3:
+            st.metric("计算时间范围", results['date_range'])
+        
+        # 显示计算详情
+        with st.expander("查看计算详情"):
+            if results['results']:
+                # 转换为DataFrame显示
+                import pandas as pd
+                df_data = []
+                for result in results['results']:
+                    for factor_name, value in result.values.items():
+                        df_data.append({
+                            '日期': result.trade_date,
+                            '股票代码': result.ts_code,
+                            '因子名称': factor_name,
+                            '因子值': value
+                        })
+                
+                if df_data:
+                    df = pd.DataFrame(df_data)
+                    st.dataframe(df.head(100), use_container_width=True)  # 只显示前100条
+                    st.info(f"共 {len(df_data)} 条因子记录（显示前100条）")
+            else:
+                st.info("没有找到因子计算结果")
+    
+    # 8. 检查异步线程结果
+    if 'factor_calculation_thread_id' in st.session_state:
+        import json
+        import tempfile
+        import os
+        
+        thread_id = st.session_state.factor_calculation_thread_id
+        temp_dir = tempfile.gettempdir()
+        result_file = os.path.join(temp_dir, f"factor_calculation_{thread_id}.json")
+        
+        # 检查结果文件是否存在
+        if os.path.exists(result_file):
+            try:
+                with open(result_file, 'r', encoding='utf-8') as f:
+                    result_data = json.load(f)
+                
+                # 处理结果
+                if result_data['success']:
+                    # 计算成功
+                    factor_progress.complete_calculation(result_data['message'])
+                    st.session_state.factor_calculation_results = {
+                        'results': result_data['results'],
+                        'factors': result_data['factors'],
+                        'date_range': result_data['date_range'],
+                        'stock_count': result_data['stock_count']
+                    }
+                else:
+                    # 计算失败
+                    factor_progress.error_occurred(result_data['message'])
+                    st.session_state.factor_calculation_error = result_data['error']
+                
+                # 清理临时文件
+                os.remove(result_file)
+                
+                # 清除线程状态
+                st.session_state.factor_calculation_thread_id = None
+                
+                # 强制重新运行以显示结果
+                st.rerun()
+                
+            except Exception as e:
+                st.error(f"处理计算结果时出错: {str(e)}")
+    
+    # 9. 显示错误信息
+    if 'factor_calculation_error' in st.session_state and st.session_state.factor_calculation_error:
+        st.error(f"❌ 因子计算失败: {st.session_state.factor_calculation_error}")
\ No newline at end of file