Behavioral Finance: How sentiment effects to future stock's returns.

Postgraduate Thesis uoadl:2836929 352 Read counter

Unit:
Κατεύθυνση Διαχείρισης Κεφαλαίων και Κινδύνων
Library of the Faculty of Economics and of the Faculty of Business Administration
Deposit date:
2018-12-05
Year:
2018
Author:
Makrellis Iakovos-Alexandros
Supervisors info:
Δημήτριος Καινούργιος, Επίκουρος Καθηγητής, Τμήμα Οικονομικών Επιστημών, Εθνικό και Καποδιστριακό Πανεπιστήμιο Αθηνών
Original Title:
Συμπεριφορική Χρηματοοικονομική: Η ψυχολογία των επενδυτών και η επίδρασή της στις μελλοντικές αποδόσεις των μετοχών.
Languages:
Greek
Translated title:
Behavioral Finance: How sentiment effects to future stock's returns.
Summary:
This paper analyzes the impact of investor sentiment on stock markets of Germany, France, Greece, Spain,Italy and Great Britain. Using (CCI), we end up with particularly useful conclusions about the effect of their emotion investors in stock returns. Findings show that feeling of investors has an effect on stock returns, with the intensity to varies by market. Also, the effect seems to arise from the
characteristics of the stocks.
Additionally, Google Trends used in order to analyze the relationship of sentiment with stock returns. The results, using Google Trends, show the impact of sentiment on stock returns but on to a lesser extent than those based on results by CCI.
Main subject category:
Social, Political and Economic sciences
Keywords:
BEHAVIORAL FINANCE
Index:
No
Number of index pages:
0
Contains images:
No
Number of references:
41
Number of pages:
36
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