'Investor sentiment' diaporamas de présentation

Investing in Uncertain Markets

Investing in Uncertain Markets. Don Lansing AAII Baton Rouge Chapter Meeting October 6 , 2012. At the highest level, we value assets with this formula: Cash Flow / Risk = Asset Value. What Drives Market Prices?.

580 views • 46 slides

Investor Sentiment Risk Factor and Asset Pricing Anomalies

Investor Sentiment Risk Factor and Asset Pricing Anomalies. Chienwei Ho Massey University Chi- Hsiou Hung Durham University. Motivations. Standard CAPM (Sharpe, 1964; Lintner , 1965) ? Expected return is associated with market risk Unable to explain pricing anomalies

523 views • 29 slides

Search Data and Behavioral Finance

Search Data and Behavioral Finance. Joey Engelberg University of California - San Diego Financial Risks International Forum March 21, 2014. Behavioral Finance Concepts. Behavioral Finance: the union of finance and psychology

565 views • 27 slides

Recent Volatility in U.S. Equity Markets and Some Applications with Derivatives

Recent Volatility in U.S. Equity Markets and Some Applications with Derivatives. By Toby White, CFA, FSA Drake University Finance / Actuarial Science Iowa Actuarial Education Day March 27, 2012. Outline. Introduction to Volatility: Motivations and Definitions

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Quarterly Economic Review III October 10, 2013

Quarterly Economic Review III October 10, 2013. Bhanupong Nidhiprabha Thammasat University . Main themes. Growth and vulnerability Global slowdown and Business Cycle Synchronization Future risks: Fed tapering China slowdown US budget politics Risks from bad policy responses.

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The use of Google Search data for macro-economic nowcasting

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Effect of Investor Sentiment on Future Returns in the Nigerian Stock Market

Study investigated the effect of investor sentiment on future returns in the Nigerian stock market for a period covering first quarter of 2008 to fourth quarter of 2015.The OLS regression and granger causality techniques were employed for data analyses. The results showed that 1 investor sentiment has a significant positive effect on stock market returns even after control for fundamentals such as Industrial production index, consumer price index and Treasury bill rate 2 there is a uni directional causality that runs from change in investor sentiment CCI to stock market returns Rm . Derived finding showed that the inclusion of fundamentals increased the explanatory power of investor sentiment from 3.96 to 33.05 , though at both level, investor sentiment CCI has low explanatory power on stock market returns. The study posits existence of a dynamic relationship between investor sentiment and the behaviour of stock future returns in Nigeria such that higher sentiment concurrently leads to higher stock prices. Udoka Bernard Alajekwu* | Cyprian Okey Okoro | Dr. Michael Chukwumee Obialor | Prof. N. S. Ibenta "Effect of Investor Sentiment on Future Returns in the Nigerian Stock Market" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-1 | Issue-5 , August 2017, URL: https://www.ijtsrd.com/papers/ijtsrd2256.pdf Paper URL: http://www.ijtsrd.com/management/marketing-management/2256/effect-of-investor-sentiment-on-future-returns--in-the-nigerian-stock-market/udoka-bernard-alajekwu

172 views • 15 slides

Investor Sentiment and Stock Return: Evidence from Chinese Stock Market

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 Shanghai Stock Exchange A-shares index as stock return. Using ARMA model to research its own characteristics of investor sentiment, then use VAR model and Granger causality test, impulse response function and variance decomposition to research the relationship between investor sentiment and the market returns, thereafter empirical results show that two series have Granger causal relationship exist between each other. Then the heteroscedastic EGARCH model tests the impact of the returns on investor sentiment, and the u201cbad newsu201d in the market can cause greater volatility than u201cgood newsu201d; Finally, the EGARCH-M heteroscedastic model shows that the impact of investor sentiment to returns exist u201crisk premiumu201d phenomenon.

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Investor sentiment and the Closed-end fund puzzle

Investor sentiment and the Closed-end fund puzzle Closed-end fund- issues a fixed number of shares that are traded on the stock market;shares are liquidated by selling the shares to other investors.

827 views • 7 slides

best real estate websites

Ads displaying the best real estate websites are widely visible online and even on city roads. Many who own property know of such sites yet few have wondered what impact the Real Estate Regulatory Act would have on the earnings of such sites. It may be expected that number of those who use the services of such sites may fall. Actually the opposite is likely since investor sentiment regarding real estate would grow far more positive than what it is today leading many more to buy real estate. Sector 49, Gurugram, Haryana 122018 Propchill helpline: 7827456456

87 views • 5 slides

Candlestick Patterns

Visit our site http://www.theforexguy.com/common-candlestick-patterns/ for more information on Candlestick Patterns. Candlestick patterns are used to determine the daily average or closing price can give you a better feel for the direction or flow of the market. That's because intraday fluctuations are revealed within a wider range of longer term data. This additional information can make a significant difference in your ability to make smart trading decisions.

618 views • 4 slides