Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)

A study on the Influence of Investors’ Mood Fluctuation on Returns in Securities Market

Authors
Yuxuan Tian1, *
1The Xiuwen International Academy at Jinan, Jinan, Shandong Province, 250100, China
*Corresponding author. Email: sabrinattian@163.com
Corresponding Author
Yuxuan Tian
Available Online 7 May 2025.
DOI
10.2991/978-94-6463-706-9_61How to use a DOI?
Keywords
stock market; mood fluctuation; return on investment; influence relationship
Abstract

China’s securities market is in the process of rapid expansion, but the relevant system is not mature enough. Therefore, based on the realistic background, this paper studies the relationship between investor sentiment and securities returns, which is helpful to analyze the different relationships between investor sentiment and securities indexes of different scales. it also helps to dig deep into the mechanism between the two to reasonably estimate the future development trend of the securities market, guide investors to invest more rationally, and promote the healthy development of securities trading. First of all, a compound emotion index is constructed from several single indicators, and a comprehensive index of investor sentiment suitable for the securities market is constructed, and then, it is proved that investor sentiment and securities return are cause and effect each other, and there is a two-way positive correlation. Finally, we analyze how investor sentiment affects market volatility, and the empirical results show that investor sentiment also has a magnifying effect on market volatility.

Copyright
© 2025 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.

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Volume Title
Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2025
ISBN
978-94-6463-706-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-706-9_61How to use a DOI?
Copyright
© 2025 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  - Yuxuan Tian
PY  - 2025
DA  - 2025/05/07
TI  - A study on the Influence of Investors’ Mood Fluctuation on Returns in Securities Market
BT  - Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)
PB  - Atlantis Press
SP  - 673
EP  - 688
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-706-9_61
DO  - 10.2991/978-94-6463-706-9_61
ID  - Tian2025
ER  -