Abstract
This paper presents the concept of ‘Sentiment Capital Asset Cognitive Price’. Based on the results of previous researches and BSV model’s research method, this paper establishes a type of sentiment capital asset cognitive price model, and obtains the analytic expression of the sentiment capital asset cognitive price. An empirical test for this model is given ultimately. The evidence from China’s stock market proves the significant effect of sentiment on the market.
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Thanks for the support by National Natural Science Foundation of China (70871042).
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© 2011 Springer-Verlag Berlin Heidelberg
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Yan, W., Yang, C., Xie, J. (2011). Sentiment Capital Asset Cognitive Price and Empirical Evidence from China’s Stock Market. In: Wu, D. (eds) Quantitative Financial Risk Management. Computational Risk Management, vol 1. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-19339-2_10
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DOI: https://doi.org/10.1007/978-3-642-19339-2_10
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-19338-5
Online ISBN: 978-3-642-19339-2
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