Anger, sadness and bear markets
Can an understanding of mood help us understand aspects of systematic risk, volume and portfolios’ exposure to systematic risk during bear-market regimes? We hypothesize that bear markets are associated with negative emotions: either a low-arousal negative state (e.g. sadness and depression)or a hig...
| Main Authors: | , , |
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| Format: | Journal Article |
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Routledge Taylor & Francis Group
2009
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| Online Access: | http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6ee36efe-d005-4097-9d21-9cc82bc868fa%40sessionmgr12&vid=2&hid=110 http://hdl.handle.net/20.500.11937/38433 |
| _version_ | 1848755319656677376 |
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| author | Durand, Robert Simon, M. Szimayer, A. |
| author_facet | Durand, Robert Simon, M. Szimayer, A. |
| author_sort | Durand, Robert |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Can an understanding of mood help us understand aspects of systematic risk, volume and portfolios’ exposure to systematic risk during bear-market regimes? We hypothesize that bear markets are associated with negative emotions: either a low-arousal negative state (e.g. sadness and depression)or a high-arousal negative state (e.g. anger and stress). We define a bear market as a stock market regime where the average return is statistically significantly lower than zero and find evidence that the bear market of November 1987 to February 1988 behaved as if it was associated with a pervasive low-arousal negative state amongst investors. |
| first_indexed | 2025-11-14T08:54:25Z |
| format | Journal Article |
| id | curtin-20.500.11937-38433 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:54:25Z |
| publishDate | 2009 |
| publisher | Routledge Taylor & Francis Group |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-384332017-02-28T01:52:34Z Anger, sadness and bear markets Durand, Robert Simon, M. Szimayer, A. Can an understanding of mood help us understand aspects of systematic risk, volume and portfolios’ exposure to systematic risk during bear-market regimes? We hypothesize that bear markets are associated with negative emotions: either a low-arousal negative state (e.g. sadness and depression)or a high-arousal negative state (e.g. anger and stress). We define a bear market as a stock market regime where the average return is statistically significantly lower than zero and find evidence that the bear market of November 1987 to February 1988 behaved as if it was associated with a pervasive low-arousal negative state amongst investors. 2009 Journal Article http://hdl.handle.net/20.500.11937/38433 http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6ee36efe-d005-4097-9d21-9cc82bc868fa%40sessionmgr12&vid=2&hid=110 Routledge Taylor & Francis Group restricted |
| spellingShingle | Durand, Robert Simon, M. Szimayer, A. Anger, sadness and bear markets |
| title | Anger, sadness and bear markets |
| title_full | Anger, sadness and bear markets |
| title_fullStr | Anger, sadness and bear markets |
| title_full_unstemmed | Anger, sadness and bear markets |
| title_short | Anger, sadness and bear markets |
| title_sort | anger, sadness and bear markets |
| url | http://web.ebscohost.com/ehost/pdfviewer/pdfviewer?sid=6ee36efe-d005-4097-9d21-9cc82bc868fa%40sessionmgr12&vid=2&hid=110 http://hdl.handle.net/20.500.11937/38433 |