The Landscape of Sentiment Factors and Its Effects on Investment
- DOI
- 10.2991/978-94-6463-030-5_79How to use a DOI?
- Keywords
- Investor Sentiment; DSSW Model; DW Index; Stock Market Returns
- Abstract
Investor sentiment affects asset prices to a large extent, serving as an important factor in the functioning of financial markets. This article sums up the factors affecting investor sentiment in three following ways. The factors affecting investor sentiment are the starting point of everything. Based on previous literature on investor sentiment, the factors are related to the market, social opinion, policies, enterprises and unexpected events. Besides, investor sentiment index is an important basis for measuring the corresponding effects on portfolios investment. This paper introduces and summarizes several of the research using the DSSW model and DW index, etc. On this basis, it is separated to aggregate and cross-sectional effects, and analyzes the impacts of aggregate from the perspectives of correlation and predictive power. The present study aims to summarize the previous findings as well as the shortcomings in order to offer a guideline for future research.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Xinyue Hu AU - Yutong Jia AU - Ziyao Wu PY - 2022 DA - 2022/12/20 TI - The Landscape of Sentiment Factors and Its Effects on Investment BT - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022) PB - Atlantis Press SP - 800 EP - 812 SN - 2589-4919 UR - https://doi.org/10.2991/978-94-6463-030-5_79 DO - 10.2991/978-94-6463-030-5_79 ID - Hu2022 ER -