The predictive ability of a sentiment index. A comparison across time and economic regions

Γεωργιοπούλου, Ζωή - Παναγιώτα; Georgiopoulou, Zoi - Panagiota

dc.contributor.advisor	Τσιριτάκης, Εμμανουήλ
dc.contributor.author	Γεωργιοπούλου, Ζωή - Παναγιώτα
dc.contributor.author	Georgiopoulou, Zoi - Panagiota
dc.date.accessioned	2017-11-24T07:02:33Z
dc.date.available	2017-11-24T07:02:33Z
dc.date.issued	2017-08
dc.identifier.uri	https://dione.lib.unipi.gr/xmlui/handle/unipi/10225
dc.format.extent	65	el
dc.language.iso	en	el
dc.publisher	Πανεπιστήμιο Πειραιώς	el
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.title	The predictive ability of a sentiment index. A comparison across time and economic regions	el
dc.type	Master Thesis	el
dc.contributor.department	Σχολή Χρηματοοικονομικής και Στατιστικής. Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής	el
dc.description.abstractEN	Investor sentiment in the stock market constitutes a highly appealing field, in the area of modern finance the last years. Many researchers have already attempted to connect the inability of capital market prices as derived from standard Capital Asset Pricing Model to equal the present value of expected future cash flows with the sentiment effect in combination with limits to arbitrage. In order to explain and analyze the sentiment effect, the first thing required, is to fairly measure this factor called “sentiment”. It follows that the second step, is to explain the sentiment effect on current prices by using this measure. Lastly, as can be expected, investor sentiment measure can be effectively used as a tool for prediction of future returns and guidance of trading strategy. Correspondingly to Baker and Wurgler latest analysis on investor sentiment, this thesis discusses possible methods of measuring investor sentiment and deals with the sentiment effects on two different stock categories. Last but not least, it provides an attempt to investigate whether the measured investor sentiment is an appropriate forecast tool for future returns.	el
dc.contributor.master	Χρηματοοικονομική και Τραπεζική με κατεύθυνση στην Χρηματοοικονομική Ανάλυση για Στελέχη	el
dc.subject.keyword	Sentiment	el
dc.subject.keyword	Investor sentiment	el
dc.subject.keyword	Sentiment index	el
dc.subject.keyword	Sentiment proxies	el
dc.subject.keyword	Sentiment changes	el
dc.subject.keyword	Stock markets	el
dc.subject.keyword	Stock returns	el

Files in this item

Name:: Georgiopoulou_Zoe.pdf
Size:: 917.9Kb
Format:: PDF
Description:: Μεταπτυχιακή διατριβή

View/Open

This item appears in the following Collection(s)

Τμήμα Χρηματοοικονομικής και Τραπεζικής Διοικητικής
Department of Banking & Financial Management

Show simple item record

Except where otherwise noted, this item's license is described as
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές