The disposition effect in stocks versus bitcoin
Autor(a) principal: | |
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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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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 |
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info:eu-repo/semantics/openAccess |
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openAccess |
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application/pdf |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799137991857274880 |