There are a wide variety of sentiment, or confidence, measures in the marketplace. The most well-known and publicized sentiment measure is the monthly consumer confidence index. The idea behind monitoring consumer confidence is that it should forecast future economic activity across the United States...
This approach is the market sentiment approach. We introduce the concept of market sentiments, their definitions and different constructs one may propose vis-a-vis asset return series. We formulate several concepts of symmetry of market sentiments and propose empirical measures to validate such types ...
aFor all of the aggregate sentiment measures, we find strong evidence of co-movement with the market but little evidence of short-run predictability in returns (using a variety of methods). 為所有聚集體情緒措施,我們在回歸發現co運動的有力的證據與市場,但短期可預測性的一點證據(運用各種各樣的方法...
This article studies the impact of sentiment and attention measures on the daily stock market volatility, and the extent to which these variables can be used to obtain improved volatility forecasts. We introduce a large and novel dataset that includes social media, news article, information consumpti...
Market sentiment was also weighed down by crude oil’s plunge overnight, in which both Brent and WTI benchmarks shed more than 4%. POST-HOLIDAY POLICY BRIEFING UNDERWHELMS The National Development and Reform Commission (NDRC) – China’s top eco...
aand measures investors’ expectation (or “sentiment”) of near-term stock market 并且措施投资者’期望(或“情绪”)近期股市[translate]
Surveys of American and European companies operating in China also reflect this positive sentiment, suggesting improving investment confidence in the sector. Specifically, in the latest AmCham survey, half of participating US companies ranke...
policies, the Bank of Canada said on Monday. The Bank's fourth quarter business outlook survey said overall business sentiment remained subdued. The survey is closely watched by the BoC as it gives a perspective on investment and hiring intentions of companies. The ...
In particular, since late September, the central government has unveiled what experts consider a package of milestone macroeconomic measures, which focused on enhancing counter-cyclical adjustments, expanding effective domestic demand, supporting business operations, promoting property market recovery, and invi...
aThis article improves upon the market discipline studies of commercial letters of credit (CLC) by employing two new capital market tests, in addition to traditional beta and equity risk tests. Option pricing models have been used to calculate implied asset risk. Two implied asset risk measures ...