stock returnsThis paper investigates the relation between investor sentiment and stock returns on the Istanbul Stock Exchange, employing vector autoregressive (VAR) analysis and Granger causality tests. The sample period extends from July 1997 to June 2005. In the VAR models, stock portfolio returns ...
^https://www.investing.com/economic-calendar/michigan-consumer-sentiment-320 ^Investor sentiment and the cross-section of stock returnshttps://onlinelibrary.wiley.com/doi/full/10.1111/j.1540-6261.2006.00885.x ^Investor sentiment aligned: a powerful predictor of stock returnshttps://academic.oup.com...
The results show that there is a significant connection between investor sentiment and stock return volatility which shows that behavioural finance can significantly explain the behaviour of stock returns on the Johannesburg Stock Exchange. It is, thus, recommended that due to the inadequacies of ...
cjy1003 Stock Embeddings:通过学习词嵌入的方式挖掘金融资产之间的相似和不同 Spect...发表于机器学习之... 【长期不定时更新】用Python实现金融计算器的部分功能 欧亨利打开知乎App 在「我的页」右上角打开扫一扫 其他扫码方式:微信 下载知乎App 开通机构号 无障碍模式 验证码登录 密码登录 中国+86 获取短信验证...
Investor sentiment and the cross-section of stock returns MALCOLM BAKER and JEFFREY WURGLER? ABSTRACT We study how investor sentiment affects the cross-section of stock returns. We predict that a wave of investor sentiment disproportionately affects securities whose valuations are highly subjective and ...
Finally, we employ a cross-sectional perspective and provide evidence that the impact of sentiment on stock returns is higher for countries which have less market integrity and which are culturally more prone to herd-like behavior and overreaction. 展开 ...
http://www.jstor.org Investor Sentiment and Stock Returns Kenneth L. Fisher and MeirStatman Investors not all alike,and neither theirsentiments.Weshow that are are the sentimentof Wall Streetstrategistsis unrelated the sentimentof to individual investorsor thatof newsletter writers,althoughthesentiment...
We examine how investor sentiment affects the cross-section of stock returns. Theory predicts that a broad wave of sentiment will disproportionately affect stocks whose valuations are highly subjective and are difficult to arbitrage. We test this prediction by studying how the cross-section of subseque...
This paper selects the trading volume data from January 2010 to December 2014 to study investor sentiment and regard the market daily earnings ratio of Sha..
We find that there exists a mutual influence of sentiment and stock market returns, but only in the very short-run (one and two trading days). Returns have a negative influence on sentiment, while the influence of sentiment on returns is positive for the next trading day. The influence of...