Chinese Investor Sentiment and Stock Returns
- https://doi.org/10.2991/icemi-16.2016.39How to use a DOI?
- Behavioral economics; Investor sentiment; OLS; Stock returns
To verify the relationship between Chinese investor sentiment and Chinese stock returns, this paper collets data from 2003 to 2015, using principal component analysis method to construct the monthly investor sentiment index, then using Granger test to examine whether Chinese investor sentiment and stock returns can influence each other. Finally, using the empirical analysis to get a conclusion that there is positive relation between investor sentiment and stock market returns.
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Mengni Xie PY - 2016/07 DA - 2016/07 TI - Chinese Investor Sentiment and Stock Returns BT - Proceedings of the 2016 International Conference on Economics and Management Innovations PB - Atlantis Press SP - 196 EP - 199 SN - 2352-538X UR - https://doi.org/10.2991/icemi-16.2016.39 DO - https://doi.org/10.2991/icemi-16.2016.39 ID - Xie2016/07 ER -