Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 20 of 45 for “"Investor Sentiment"”.
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Investor sentiment and stock returns
… doesn't seem to relate to previous proxies for investor sentiment, however, when I examine survey measures of interest rates and consumer confidence we find a relationship. I then examine how sentiment affects the cross section of stock returns, consistent with predictions I find that small …
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Corporate Bond Liquidity and Investor Sentiment
I evaluate the effect of firm-level investor sentiment derived from Twitter feed and news stories on a firm’s bond liquidity. I employ an ordinary least squares regression to examine the relationship between firm-level investor sentiment and corporate bond liquidity. The results indicate that a …
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The impact of investor sentiment on IPO underpricing
We find that the abnormal trading by small investors is positively related to IPO underpricing. In addition to this firm specific investor sentiment, the market wide investor sentiment is also positively related with IPO underpricing significantly. Investor sentiment is positively related with IPO …
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Residual momentum and investor sentiment on the Johannesburg Stock Exchange (JSE)
… great promise to improve risk-related returns. Investor sentiment is another financial market phenomenon and is often explained by means of the same behavioural factors as momentum. The study also considered the effect of investor sentiment on momentum in order to document the effect on the JSE, …
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Investor sentiment in the foeign exchange and initial public offering markets
Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Economics, 1998.
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THE IMPACT OF MANAGERIAL OVERCONFIDENCE AND INVESTOR SENTIMENT ON BIDDERS’ ABNORMAL RETURNS
… that ‘the irrational manager and irrational investor stories can certainly coexist’. Findings show that rational managers who announce takeovers in high valuation periods enjoy the highest abnormal returns while overconfident managers who announce takeover bids in low valuation periods cannot …
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Can a proxy for international investor sentiment towards emerging markets be identified?
… that it is too costly to acquire information. Investors thus remain uninformed in the countries in which they invest. Investors try to infer future movements in one market based on how the rest of the market is reacting. The uniformed investors follow the supposedly informed investor. These …
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Measuring the Effect of Firm-Level Investor Sentiment on Liquidity and Financial Distress
… I evaluated the effect of firm-level investor sentiment derived from news and Twitter content on a firm’s share liquidity. The results indicate several key findings. (1) Improvements (deteriorations) in news sentiment lead to an increase (decrease) in share liquidity; however, …
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Investor sentiment, institutional investors and the accrual anomaly : an empirical analysis of China's listed companies
The accrual anomaly is a phenomenon that investors gain future abnormal returns through accruals-based hedge portfolios. This paper first shows that China's institutional investors have a better understanding of the persistence of accounting accruals and they more accurately assess stock prices, …
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Investor sentiment and statistical moments of the return distribution in the German stock market. A three stage empirical analysis.
… to investigate the relationships between investor sentiment and the lower- and higher-order statistics of the return distribution in the German stock market utilizing the market-wide CDAX stock index as an exemplary sample. Since empirical studies on investor sentiment are conducted mainly …
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Machine Learning with FEARS index: does the inclusion of investor sentiment improve a machine learning model's ability to predict volatility?
… study is to determine whether the inclusion of investor sentiment allows machine learning methods to produce improved predictions of volatility in equity markets. Specifically, the investor sentiment measure is constructed as an index by using search volume data of different search terms …
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Sentimento do investidor: índice de confiança do empresário e a sua relação com a taxa de retorno das ações BM&FBOVESPA
… there is no room to consider the effect of the investor sentiment (on the shares pricing. it assumes that in competitive markets prevails the rational investor. In the behavioral finance approach, there is a possibillity that investor sentiment (may affect the market balance. This research aims …
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Outsider trading: trading on twitter sentiment
… aims to establish if a relationship between the investor sentiment generated from social media posts, such as Tweets, and the return on securities exists. If a relationship exists, one would be able to obtain an informational advantage from public information and outperform the market on a …
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Different Aspects of Market Liquidity
… liquidity. The first chapter explores whether investor sentiment has the power to forecast stock market liquidity. The chapter employs the Amihud (2002) illiquidity measure as a proxy for price-impact, the bid-ask spread as a transaction cost measure of liquidity, and the individual investor …
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