Does the cryptocurrency market exhibits feedback trading?

被引：0
|
作者：
Jordao da Gama Silva, Paulo Vitor [1 ]
Neto, Augusto F. C. [2 ]
Klotzle, Marcelo Cabus [1 ]
Figueiredo Pinto, Antonio Carlos [1 ]
Gomes, Leonardo Lima [3 ]
机构：
[1] Pontifical Catholic Univ Rio de Janeiro, Rio De Janeiro, Brazil
[2] Pontificia Univ Catolica Rio de Janeiro, Rio de Janeiro, Brazil
[3] Pontificia Univ Catolica Rio de Janeiro, IAG, Rio de Janeiro, Brazil
来源：
ECONOMICS BULLETIN | 2019年 / 39卷 / 04期
关键词：
STOCK RETURNS; TRADERS; VOLUME; IMPACT; MODEL;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Research has shown that behavioral anomalies affect investors' choices and decisions in the financial markets. One such behavioral anomaly is feedback trading, a phenomenon wherein the investor uses past data to make future decisions. Using Sentana and Wadhwani's (1992) methodology, the 50 most liquid digital currencies (with the most extensive daily data reporting) were analyzed during the period 2013-2018. Results analysis suggests negative feedback trading in Tether Dollar and positive feedback trading in Bitcoin, Ethereum, CassinoCoin and ECC.
引用
收藏
页码：2830 / 2838
页数：10
相关论文
共 50 条
  • [1] Feedback trading in the cryptocurrency market
    Ahmed, Mohamed Shaker
    Alsamman, Adel
    Chebbi, Kaouther
    STUDIES IN ECONOMICS AND FINANCE, 2024, 41 (01) : 46 - 63
  • [2] Emotional trading in the cryptocurrency market
    Ahn, Yongkil
    Kim, Dongyeon
    FINANCE RESEARCH LETTERS, 2021, 42
  • [3] Herding and feedback trading in cryptocurrency markets
    King, Timothy
    Koutmos, Dimitrios
    ANNALS OF OPERATIONS RESEARCH, 2021, 300 (01) : 79 - 96
  • [4] Herding and feedback trading in cryptocurrency markets
    Timothy King
    Dimitrios Koutmos
    Annals of Operations Research, 2021, 300 : 79 - 96
  • [5] Technical trading rules in the cryptocurrency market
    Grobys, Klaus
    Ahmed, Shaker
    Sapkota, Niranjan
    FINANCE RESEARCH LETTERS, 2020, 32
  • [6] Machine learning for cryptocurrency market prediction and trading
    Jaquart, Patrick
    Koepke, Sven
    Weinhardt, Christof
    JOURNAL OF FINANCE AND DATA SCIENCE, 2022, 8 : 331 - 352
  • [7] Trading volume and the predictability of return and volatility in the cryptocurrency market
    Bouri, Elie
    Lau, Chi Keung Marco
    Lucey, Brian
    Roubaud, David
    FINANCE RESEARCH LETTERS, 2019, 29 : 340 - 346
  • [8] Does size matter in the cryptocurrency market?
    Li, Yi
    Zhang, Wei
    Xiong, Xiong
    Wang, Pengfei
    APPLIED ECONOMICS LETTERS, 2020, 27 (14) : 1141 - 1149
  • [9] Breaking news headlines: Impact on trading activity in the cryptocurrency market
    Kulbhaskar, Anamika Kumar
    Subramaniam, Sowmya
    ECONOMIC MODELLING, 2023, 126
  • [10] Does herding behavior exist in cryptocurrency market?
    Amirat, Amina
    Alwafi, Wafa
    COGENT ECONOMICS & FINANCE, 2020, 8 (01):
12345