Sentiment and Stock Characteristics: Comprehensive Study of Individual Investor Influence on Returns, Volatility, and Trading Volumes

Abstract

Traditional asset pricing models face challenges from financial anomalies, prompting exploration through behavioural finance theory. This study analyses the nuanced relationship between individual investor sentiment and key stock market variables.

Keywords

• investor sentiment
• stock characteristics
• behavioural finance
• aaii sentiment index
• g12
• g14
• g41