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Financial recommendations on Reddit, stock returns and cumulative prospect theory
This study investigates stock recommendations from the three largest finance subreddits on Reddit: wallstreetbets, investing and stocks. A simple strategy that buys recommended stocks weighted by the number of posts per day yields a portfolio with higher average returns at the expense of higher risk...
Autores principales: | Reichenbach, Felix, Walther, Martin |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer International Publishing
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10111308/ https://www.ncbi.nlm.nih.gov/pubmed/37362066 http://dx.doi.org/10.1007/s42521-023-00084-y |
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