吞吞吐吐
发表于 2025-3-23 13:32:54
Investor Sentiment and the Return and Volatility of REITs and Non-REITs during the Financial Crisisarket; their trading lets prices deviate from their fundamental values. This deviation is persistent and introduces a new kind of risk - the noise trader risk (Shleifer and Summers, 1990, Sias et al., 2001, De Long et al., 1989).
GLIDE
发表于 2025-3-23 14:40:58
Introduction, typically offer market capitalizations that are smaller than their net asset value (NAV), closed-end funds are usually traded at a discount to their NAV and real estate investment trusts are often mispriced. Attempts to explain these anomalies are at least incomplete.
Lime石灰
发表于 2025-3-23 21:35:07
The Impact of Investor Sentiment on REIT Returns,oncentrate on the return generating process of REITs. Chui et al. (2003), for instance, examine the cross-sectional determinants of expected REIT returns. Hsieh and Peterson (1997) find that risk premiums on equity REITs are related to their market capitalization and the book to market ratio. Clayto
向外供接触
发表于 2025-3-23 22:42:57
Investor Sentiment and the Return and Volatility of REITs and Non-REITs during the Financial Crisiset is based on an external, noisy signal that conveys no information about fundamentals. Investor sentiment is such a signal. Sentiment reflects the optimism or pessimism of the market and does not need to be completely rational. The more extreme the sentiment is, the more noise traders act in the m
bisphosphonate
发表于 2025-3-24 03:19:53
The Impact of Consumer Sentiment on the Number of New Home Sales,ed by phenomena that appear to contradict this paradigm, such as excessive volatility or mean reversion of stock prices. One explanation for these phenomena are the actions of so called noise traders (Black, 1986). Noise traders suffer from cognitive biases, such as overconfidence or overreaction. T
Excise
发表于 2025-3-24 06:58:39
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dagger
发表于 2025-3-24 13:27:18
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敌手
发表于 2025-3-24 15:17:05
Essays on the Impact of Sentiment on Real Estate Investments978-3-658-11637-8Series ISSN 2570-2246 Series E-ISSN 2570-2254
notification
发表于 2025-3-24 22:16:22
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Proclaim
发表于 2025-3-25 02:08:10
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