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  • 标题:Investor's anticipation and future market movement: Evidence of self-fulfilling prophecy effect from the The Chinese stock market
  • 本地全文:下载
  • 作者:Yun Wan ; Xiaoguang Yang
  • 期刊名称:The Journal of Finance and Data Science
  • 印刷版ISSN:2405-9188
  • 出版年度:2019
  • 卷号:5
  • 期号:3
  • 页码:173-182
  • DOI:10.1016/j.jfds.2019.04.002
  • 语种:English
  • 出版社:Elsevier
  • 摘要:AbstractWe analyzed data collected from retail investors in the Chinese stock market from a Fintech mobile platform to find evidence of the self-fulfilling prophecy effect. We found a statistically significant correlation between the predicted and actual Shanghai Stock Exchange Composite Index (SSECI) as well as non-random deviation patterns. We also analyzed participating investor behaviors and discussed the implications and future research.
  • 关键词:Stock market index;Prediction;Self-fulfilling prophecy effect;Fintech
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