Issue |
SHS Web Conf.
Volume 163, 2023
2023 8th International Conference on Social Sciences and Economic Development (ICSSED 2023)
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Article Number | 01010 | |
Number of page(s) | 6 | |
Section | Economic Trade and Financial Investment Analysis | |
DOI | https://doi.org/10.1051/shsconf/202316301010 | |
Published online | 28 April 2023 |
Divergent Investor Perspectives and Volatility Risk -- Research Based on Stock Bar Public Opinion Data
Truman State University Kirksville, Missouri, USA
Retail investors are the primary participants in the A-share market, with a large number, large differences in economic levels, and uneven accumulation of financial professions, so it is manifested in the large differences in opinion and investment behavior of individual investors, which influence the risk of stock market volatility. Due to the rise in popularity of mobile clients, browsing stock bar post content has become an essential way for retail investors to get investment trend. This paper analyzes the impact of public opinion on the fluctuation of Oriental Wealth Internet Stocks by focusing on micro-level individual stocks. In addition, the paper supplements empirical studies on stock volatility from the micro level of differences in investor opinion, providing market regulators with a reference for better understanding investor psychology and managing network public opinion. The empirical results show that: (1) Stock volatility is positively correlated with divergent investor opinions;(2) Post sentiment value is positively correlated with post comment volume;(3) Investor sentiment in different sectors affects stock prices to varying degrees.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0 (https://creativecommons.org/licenses/by/4.0/).
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