投资者情绪(Investor Sentiment)反映了市场参与者的投资意愿或者预期。投资者能感觉到它的客观存在,但是要问它到底有多高、近期发生了何种变化,每个个体的投资者因为有持仓、风格、财富、地位等因素的不同,会给出不同的答案。难以否认的是,投资者情绪是个非常重要的概念,在经济活动中,情绪是个不确定因素,它影响到投资者对未来收益的主观判断,进而影响到其投资行为,形成合力后,会对市场形成较大的影响。投资者情 Investor Sentiment reflects the willingness or expectation of the market participants to invest. Investors can feel its objective existence, but to ask how high it is and what changes have taken place in the near future. Each individual investor will give different opinions because of different positions, styles, wealth, status and other factors s answer. It is hard to deny that the emotion of the investor is a very important concept. In the economic activity, the emotion is an uncertain factor, which affects the subjective judgment of the investors on the future earnings and then the investment behavior of the investor. After forming synergy, The market formed a greater impact. Investors love