Investor Sentiment and Return Predictabi
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Changyun Wang
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Article
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2001
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John Wiley and Sons
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English
β 143 KB
## Abstract This study examines the usefulness of traderβpositionβbased sentiment index for forecasting future prices in six major agricultural futures markets. It has been found that large speculator sentiment forecasts price continuations. In contrast, large hedger sentiment predicts price revers