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Small-Investor Sentiment, Differences of Opinion and Stock Overvaluation

Qian, Xiaolin - 2014

Recent research shows that small trade imbalances are negatively associated with future stock returns. I find that this negative association only exists when stocks have initially been mispriced. In addition, mispricing occurs before the sentimental trading of small investors. In stocks with...

Persistent link: https://www.econbiz.de/10013064609

Expert Advice : Industry Expertise of M&A Advisors and Acquirer Shareholder Returns

Wang, Cong - 2020

We find that acquirers create higher shareholder returns when advised by investment banks with more experience in the target industry. This finding is stronger when acquirers face more difficulties understanding and evaluating the targets. Further analyses show that these banks help acquirers...

Persistent link: https://www.econbiz.de/10012826441

Expert advice : industry expertise of M&A advisors and acquirer shareholder returns

Wang, Cong; Xie, Fei; Zhang, Kuo - In: Journal of financial and quantitative analysis : JFQA 57 (2022) 2, pp. 599-628

Persistent link: https://www.econbiz.de/10012805814

Differences of opinion and stock returns

Janunts, Mesrop - 2011

Persistent link: https://www.econbiz.de/10009354977

Expert opinions and logarithmic utility maximization for multivariate stock returns with Gaussian drift

Sass, Jörn; Westphal, Dorothee; Wunderlich, Ralf - In: International journal of theoretical and applied finance 20 (2017) 4, pp. 1-41

Persistent link: https://www.econbiz.de/10011687059

Informative Effects of Expert Sentiment on the Return Predictability of Cryptocurrency

Trimborn, Simon; Li, Yang - 2021

Experts’ opinions are widely considered for investment decisions. We collect textual information from cryptocurrency … experts, study the dynamics in their discussion topics and their sentiment in relation to market movements. Based on the … analysis we test various hypothesis which span if the experts tweets have informative value (accepted), their discussion topics …

Persistent link: https://www.econbiz.de/10013230484