The cyclical dynamics of sin and stimulant stocks

• Main Authors: Mah, Caleb Wee Keat, Tan, Tilden Jun Leong, Wang, Qilong
• Other Authors: Bao Te
• Format: Final Year Project
• Language: English
• Published: Nanyang Technological University 2022
• Subjects: Social sciences::Economic theory::Money and banking
• Online Access: https://hdl.handle.net/10356/162591
• Institution: Nanyang Technological University

Investors are increasingly avoiding sin stocks due to social and ethical considerations. In this study, we provide a novel perspective as to how investor sentiment, during various business cycles, affects the performance of sin stocks (stocks engaged in alcohol, tobacco and gaming) relative to that...