The disposition effect in stocks versus bitcoin

Detalhes bibliográficos
Autor(a) principal: Castro, Miguel Alves
Data de Publicação: 2019
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/92302
Resumo: Cryptocurrencies have become a hot topic in finance: its price swings have gathered attention from investors therefore they have become an appealing asset to hold alongside other financial instruments. Despite this, do cryptocurrencies reflect the same investment behavior as seen in other assets? This paper aims to study irrational behavior with a focus on the disposition effect in stocks and Bitcoin. Is there a disposition effect in cryptocurrencies and, if so, how different are the effects between the two assets? The findings suggest there is disposition effect in Bitcoin, but it is stronger for stocks.
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spelling The disposition effect in stocks versus bitcoindisposition effectinvestor behaviorBitcoinProspect theoryDomínio/Área Científica::Ciências Sociais::Economia e GestãoCryptocurrencies have become a hot topic in finance: its price swings have gathered attention from investors therefore they have become an appealing asset to hold alongside other financial instruments. Despite this, do cryptocurrencies reflect the same investment behavior as seen in other assets? This paper aims to study irrational behavior with a focus on the disposition effect in stocks and Bitcoin. Is there a disposition effect in cryptocurrencies and, if so, how different are the effects between the two assets? The findings suggest there is disposition effect in Bitcoin, but it is stronger for stocks.Coutts, AlexanderRUNCastro, Miguel Alves2020-02-06T15:20:36Z2019-09-112019-09-11T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/92302TID:202417921enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:41:08Zoai:run.unl.pt:10362/92302Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:37:30.488969Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The disposition effect in stocks versus bitcoin
title The disposition effect in stocks versus bitcoin
spellingShingle The disposition effect in stocks versus bitcoin
Castro, Miguel Alves
disposition effect
investor behavior
Bitcoin
Prospect theory
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The disposition effect in stocks versus bitcoin
title_full The disposition effect in stocks versus bitcoin
title_fullStr The disposition effect in stocks versus bitcoin
title_full_unstemmed The disposition effect in stocks versus bitcoin
title_sort The disposition effect in stocks versus bitcoin
author Castro, Miguel Alves
author_facet Castro, Miguel Alves
author_role author
dc.contributor.none.fl_str_mv Coutts, Alexander
RUN
dc.contributor.author.fl_str_mv Castro, Miguel Alves
dc.subject.por.fl_str_mv disposition effect
investor behavior
Bitcoin
Prospect theory
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic disposition effect
investor behavior
Bitcoin
Prospect theory
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Cryptocurrencies have become a hot topic in finance: its price swings have gathered attention from investors therefore they have become an appealing asset to hold alongside other financial instruments. Despite this, do cryptocurrencies reflect the same investment behavior as seen in other assets? This paper aims to study irrational behavior with a focus on the disposition effect in stocks and Bitcoin. Is there a disposition effect in cryptocurrencies and, if so, how different are the effects between the two assets? The findings suggest there is disposition effect in Bitcoin, but it is stronger for stocks.
publishDate 2019
dc.date.none.fl_str_mv 2019-09-11
2019-09-11T00:00:00Z
2020-02-06T15:20:36Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/92302
TID:202417921
url http://hdl.handle.net/10362/92302
identifier_str_mv TID:202417921
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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