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