sentiment index

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Sentiment Index

A mathematical calculation on average or median forecast made by well-respected analysts on the future direction of the market. That is, the sentiment index uses certain data to show what analysts believe future market movements will be. See also: Earnings Expectations, Forecasting.

sentiment index

A numerical guide to investor feeling toward the securities markets that is constructed to determine whether certain segments of the investment community are bullish or bearish. The index is used by technical analysts to determine whether stock should be bought or sold. Sentiment is measured in a variety of ways including short sales by specialists, mutual fund cash positions, and the amount of margin debt. Compare advisers' sentiment.
References in periodicals archive ?
We find that Baker and Wurgler's Investor Sentiment Index affects the O/S-return relation after controlling for consumer sentiment indices and economic environment factors.
Furthermore, numerous studies adopt consumer sentiment indices as alternative measures of investor sentiment (Lemmon and Portniaguina, 2006; Antoniou, Doukas, and Subrahmanyam, 2013).
First, the two consumer sentiment indices mentioned above are obtained through a survey-based methodology that involves US households.
Johnson and So (2012) use a firm-specific measure of short sale constraints, while we deal with market-wide sentiment indices.
Consequently, the BW Investor Sentiment Index has an effect on future stock returns that consumer sentiment indices are unable to match making this effect unique.
Prior studies concentrate on the similarities between investor sentiment and consumer sentiment and these studies generally use consumer sentiment indices as alternative measures of investor sentiment in the stock market.
The MCSI and the CB Index are two important consumer sentiment indices.
The questions related to both consumer sentiment indices are divided into two parts: (1) the present situation component and (2) the expectations component.
We also provide the correlation table for the B W Investor Sentiment Index, the consumer sentiment indices, the Chicago Fed National Activity Index (CFNAI), and past market returns.
The correlation between the two consumer sentiment indices is much higher (i.
In what was a difficult month for the global economy, May saw all Shuaa Capital GCC Investor Sentiment Indices decline, according to the report.
Slothower, like Headley, sees the sentiment indices as indicating that short-term cycles are overbought and the market could easily fail to break through resistance.