Proceedings of the 2016 International Conference on Economics and Management Innovations

Chinese Investor Sentiment and Stock Returns

Authors
Mengni Xie
Corresponding Author
Mengni Xie
Available Online July 2016.
DOI
https://doi.org/10.2991/icemi-16.2016.39How to use a DOI?
Keywords
Behavioral economics; Investor sentiment; OLS; Stock returns
Abstract

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.

Copyright
© 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/).

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Volume Title
Proceedings of the 2016 International Conference on Economics and Management Innovations
Series
Advances in Computer Science Research
Publication Date
July 2016
ISBN
978-94-6252-214-5
ISSN
2352-538X
DOI
https://doi.org/10.2991/icemi-16.2016.39How to use a DOI?
Copyright
© 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  -