博碩士論文 104458004 完整後設資料紀錄

DC 欄位	值	語言
DC.contributor	財務金融學系在職專班	zh_TW
DC.creator	劉嘉玲	zh_TW
DC.creator	Chia-Ling Liu	en_US
dc.date.accessioned	2017-7-20T07:39:07Z
dc.date.available	2017-7-20T07:39:07Z
dc.date.issued	2017
dc.identifier.uri	http://ir.lib.ncu.edu.tw:88/thesis/view_etd.asp?URN=104458004
dc.contributor.department	財務金融學系在職專班	zh_TW
DC.description	國立中央大學	zh_TW
DC.description	National Central University	en_US
dc.description.abstract	本研究應用行為財務學觀點，檢視機構投資人和個別投資人行為是否會影響日圓期貨報酬。本文利用四種分別代表機構投資人和個別投資人的情緒指標，檢定情緒因子是否能解釋日圓期貨報酬。迴歸分析結果顯示，機構投資人情緒指標對日圓期貨報酬提供正向顯著的解釋能力，而個別投資人情緒指標為負向顯著影響日圓期貨報酬，代表機構投資人情緒對日圓有顯著的正向預測能力，但個別投資人的情緒卻是一種反向指標，此研究結果也提供日圓具有避險特質的證據。	zh_TW
dc.description.abstract	We apply the behavioral finance perspectives to examine whether the behavior of institutional and individual investors affects the Japanese Yen futures returns. This paper uses four sentiment indicators that they proxy for institutional and individual investors, respectively, to investigate the association between the four sentiment factors and the Japanese Yen futures returns. We find that institutional investor sentiment index experiences a significantly positive relation with the Japanese Yen futures returns, while individual investor sentiment index is significantly negative related. The results imply that institutional investor sentiment exhibits predictive power for the Japanese Yen, but individual investor sentiment is a counter indicator. They also provide the evidence that the Japanese Yen is a kind of hedge tool.	en_US
DC.subject	機構投資人	zh_TW
DC.subject	個別投資人	zh_TW
DC.subject	日圓期貨報酬	zh_TW
DC.subject	情緒指標	zh_TW
DC.subject	Institutional investor	en_US
DC.subject	Individual investor	en_US
DC.subject	Japanese Yen futures returns	en_US
DC.subject	Sentiment indicator	en_US
DC.title	日圓期貨報酬會受情緒指標影響嗎?	zh_TW
dc.language.iso	zh-TW	zh-TW
DC.type	博碩士論文	zh_TW
DC.type	thesis	en_US
DC.publisher	National Central University	en_US