Market overreaction : understanding drivers of investor behaviour

• Main Authors: Neo, Liat Beng, Koh, Liang Han, Ng, Jonathan Wen Jie
• Other Authors: Suman Banerjee
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Finance
• Online Access: http://hdl.handle.net/10356/51530
• Institution: Nanyang Technological University

In this paper, we seek to determine if large price drops and subsequent price reversals are a result of market sentiment, industry-type and type of news while validating conventional literature on market overreaction. Our study provides further evidence to earlier studies by Ajayi and Mehdian (1994)...