This paper provides strong evidence that market sentiment measured bottom-up from individual-stock sentiment is negatively related to future long-term market returns and is positively correlated with contemporaneous returns.
|Number of pages||4|
|Journal||Finance Research Letters|
|Early online date||5 Mar 2019|
|Publication status||Published - Jun 2019|
- Bottom-up sentiment
- Market return predictability
ASJC Scopus subject areas