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Abstract This study analyzes the complete trading records, as well as the detailed individual-level survey responses of 76,172 retail investors to examine the relative importance of many factors that are… Click to show full abstract
Abstract This study analyzes the complete trading records, as well as the detailed individual-level survey responses of 76,172 retail investors to examine the relative importance of many factors that are associated with the disposition effect, which involves the tendency to take gains too early while holding on to losses. Feature selection techniques unveil that gender, loss aversion, and investor sophistication are the keys to grasping the disposition effect.
Keywords:
effect factors;
anatomy disposition;
disposition effect;
anatomy
Journal Title: Finance Research Letters
Year Published: 2021
Link to full text (if available)
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Journal Title: Finance Research Letters
Year Published: 2021
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!