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Journals / BDDK Bankacılık ve Finansal Piyasalar Dergisi / 2013 / Cilt: 7 - Sayı: 2

Investor sentiment proxies: An example of closed end fund discount and consumer confidence index

Yatırımcı duyarlılığı temsilcileri: Yatırım ortaklıkları iskontosu ve tüketici güven endeksi örneği

SERKAN YILMAZ KANDIR
Gözde ÇERÇİ
ÖNDER UZKARALAR
Pages
55–75
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Findings suggest that there is a long run relationship between closed end fund discount and consumer confidence index.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Aim of this study is to investigate the relationship between two investor sentiment proxies, namely closed end fund discount and consumer confidence index.
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Key Findings & Data:Monthly closed end fund discount and consumer confidence index data have been derived for the time period between 2005 and 2012.
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Conclusion & Impact:Findings suggest that there is a long run relationship between closed end fund discount and consumer confidence index.
🔬Design:Research Article
📍Scope:2005 Verileri
⚙️Variables:Domain Parameters

Abstract

Aim of this study is to investigate the relationship between two investor sentiment proxies, namely closed end fund discount and consumer confidence index. Monthly closed end fund discount and consumer confidence index data have been derived for the time period between 2005 and 2012. The relationship between variables, has been analyzed by correlation analysis and Engle-Granger cointegration test. Findings suggest that there is a long run relationship between closed end fund discount and consumer confidence index.

Özet

Bu çalışmanın amacı yatırımcı duyarlılığı temsilcilerinden, yatırım ortaklıkları iskontosu ve tüketici güven endeksi arasındaki ilişkinin incelenmesidir. Çalışmada kullanılan yatırım ortaklıkları iskontosu ve tüketici güven endeksi verileri, 2005-2012 döneminde aylık olarak derlenmiştir. Değişkenler arasındaki ilişki, korelasyon analizi ve Engle-Granger eşbütünleşme testi ile incelenmiştir. Analiz sonuçları, yatırım ortaklıkları iskontosu ile tüketici güven endeksi arasında uzun vadeli bir ilişki bulunduğunu göstermiştir.

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Cite This Article

KANDIR, S. Y., ÇERÇİ, G., UZKARALAR, Ö. (2013). Investor sentiment proxies: An example of closed end fund discount and consumer confidence index. BDDK Bankacılık ve Finansal Piyasalar Dergisi, Cilt: 7 - Sayı: 2, 55–75. https://ajindex.com/articles/144240

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References (1)

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