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Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | عبد الرحمان بن سانية | - |
dc.contributor.author | صلاح الدين نعاس | - |
dc.contributor.author | علي بن الضب | en |
dc.date.accessioned | 2017 | - |
dc.date.available | 2017 | - |
dc.date.issued | 2017 | - |
dc.identifier.issn | 1112-3613 | - |
dc.identifier.uri | http://dspace.univ-ouargla.dz/jspui/handle/123456789/16216 | - |
dc.description | Revue El Bahith | en_US |
dc.description.abstract | The behavioral finance seeks to provide explanations for the extraordinary cases in the capital market i.e.; anomalies, irrationality, and speculative bubbles, as well as ways to avoid them. This perspective based on the existence of investor's sentimentality biases. This paper aims to test the effect of investor's sentimentality biases on the returns and volatility of the Dow Jones Industrial Average index (DJI). The study uses the monthly data for the Consumer Confidence Index as an expression of investor sentiment and Dow Jones Industrial Average closing prices between 1990 and 2016 by using the DCC-GARCH model. Our results show that there is a significant and positive relationship between investors 'sentiment and the Dow Jones earnings, also shows a negative effect on DJ volatilities. There is the significant dynamic correlation between them. | en_US |
dc.language.iso | other | en_US |
dc.relation.ispartofseries | Number 17 2017 Arabic Sec; | - |
dc.subject | Investor Sentiment | en_US |
dc.subject | Noise Traders | en_US |
dc.subject | Behavioral Biases | en_US |
dc.subject | Stock Returns | en_US |
dc.subject | Conditional Volatility | en_US |
dc.title | The Effect of Investor’s Sentimentality Biases on Share Returns and its Conditional Volatilities - D&J Case – | en_US |
dc.type | Article | en_US |
Appears in Collections: | numéro 17 2017 Arabic sec |
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