id	sid	tid	token	lemma	pos
fbem-12559	1	1	frontiers	frontier	NOUN
fbem-12559	1	2	in	in	ADP
fbem-12559	1	3	business	business	NOUN
fbem-12559	1	4	,	,	PUNCT
fbem-12559	1	5	economics	economic	NOUN
fbem-12559	1	6	and	and	CCONJ
fbem-12559	1	7	management	management	NOUN
fbem-12559	1	8	issn	issn	PROPN
fbem-12559	1	9	:	:	PUNCT
fbem-12559	1	10	2766	2766	NUM
fbem-12559	1	11	-	-	PUNCT
fbem-12559	1	12	824x	824x	NUM
fbem-12559	1	13	|	|	ADJ
fbem-12559	1	14	vol	vol	NOUN
fbem-12559	1	15	.	.	PUNCT
fbem-12559	2	1	11	11	NUM
fbem-12559	2	2	,	,	PUNCT
fbem-12559	2	3	no	no	INTJ
fbem-12559	2	4	.	.	NOUN
fbem-12559	2	5	2	2	NUM
fbem-12559	2	6	,	,	PUNCT
fbem-12559	2	7	2023	2023	NUM
fbem-12559	2	8	61	61	NUM
fbem-12559	2	9	a	a	DET
fbem-12559	2	10	brief	brief	ADJ
fbem-12559	2	11	analysis	analysis	NOUN
fbem-12559	2	12	of	of	ADP
fbem-12559	2	13	the	the	DET
fbem-12559	2	14	impact	impact	NOUN
fbem-12559	2	15	of	of	ADP
fbem-12559	2	16	investor	investor	NOUN
fbem-12559	2	17	sentiment	sentiment	NOUN
fbem-12559	2	18	on	on	ADP
fbem-12559	2	19	stock	stock	NOUN
fbem-12559	2	20	prices	price	NOUN
fbem-12559	2	21	in	in	ADP
fbem-12559	2	22	the	the	DET
fbem-12559	2	23	chinese	chinese	ADJ
fbem-12559	2	24	stock	stock	NOUN
fbem-12559	2	25	market	market	NOUN
fbem-12559	2	26	hao	hao	PROPN
fbem-12559	2	27	meng	meng	PROPN
fbem-12559	2	28	*	*	PROPN
fbem-12559	2	29	,	,	PUNCT
fbem-12559	2	30	jianyun	jianyun	PROPN
fbem-12559	2	31	zeng	zeng	PROPN
fbem-12559	2	32	school	school	PROPN
fbem-12559	2	33	of	of	ADP
fbem-12559	2	34	hao	hao	PROPN
fbem-12559	2	35	meng	meng	PROPN
fbem-12559	2	36	,	,	PUNCT
fbem-12559	2	37	hunan	hunan	PROPN
fbem-12559	2	38	university	university	PROPN
fbem-12559	2	39	of	of	ADP
fbem-12559	2	40	science	science	NOUN
fbem-12559	2	41	and	and	CCONJ
fbem-12559	2	42	technology	technology	NOUN
fbem-12559	2	43	,	,	PUNCT
fbem-12559	2	44	xiangtan	xiangtan	PROPN
fbem-12559	2	45	411100	411100	NUM
fbem-12559	2	46	,	,	PUNCT
fbem-12559	2	47	china	china	PROPN
fbem-12559	2	48	*	*	PUNCT
fbem-12559	2	49	corresponding	correspond	VERB
fbem-12559	2	50	author	author	NOUN
fbem-12559	2	51	abstract	abstract	NOUN
fbem-12559	2	52	:	:	PUNCT
fbem-12559	2	53	this	this	DET
fbem-12559	2	54	article	article	NOUN
fbem-12559	2	55	describes	describe	VERB
fbem-12559	2	56	the	the	DET
fbem-12559	2	57	challenges	challenge	NOUN
fbem-12559	2	58	that	that	PRON
fbem-12559	2	59	behavioral	behavioral	ADJ
fbem-12559	2	60	finance	finance	NOUN
fbem-12559	2	61	poses	pose	NOUN
fbem-12559	2	62	to	to	ADP
fbem-12559	2	63	traditional	traditional	ADJ
fbem-12559	2	64	financial	financial	ADJ
fbem-12559	2	65	assumptions	assumption	NOUN
fbem-12559	2	66	,	,	PUNCT
fbem-12559	2	67	from	from	ADP
fbem-12559	2	68	questioning	question	VERB
fbem-12559	2	69	the	the	DET
fbem-12559	2	70	rationality	rationality	NOUN
fbem-12559	2	71	of	of	ADP
fbem-12559	2	72	human	human	ADJ
fbem-12559	2	73	behavior	behavior	NOUN
fbem-12559	2	74	to	to	ADP
fbem-12559	2	75	explaining	explain	VERB
fbem-12559	2	76	the	the	DET
fbem-12559	2	77	classifications	classification	NOUN
fbem-12559	2	78	and	and	CCONJ
fbem-12559	2	79	three	three	NUM
fbem-12559	2	80	indicators	indicator	NOUN
fbem-12559	2	81	of	of	ADP
fbem-12559	2	82	investor	investor	NOUN
fbem-12559	2	83	sentiment	sentiment	NOUN
fbem-12559	2	84	in	in	ADP
fbem-12559	2	85	behavioral	behavioral	ADJ
fbem-12559	2	86	finance	finance	NOUN
fbem-12559	2	87	.	.	PUNCT
fbem-12559	3	1	furthermore	furthermore	ADV
fbem-12559	3	2	,	,	PUNCT
fbem-12559	3	3	it	it	PRON
fbem-12559	3	4	confirms	confirm	VERB
fbem-12559	3	5	the	the	DET
fbem-12559	3	6	combination	combination	NOUN
fbem-12559	3	7	of	of	ADP
fbem-12559	3	8	theory	theory	NOUN
fbem-12559	3	9	and	and	CCONJ
fbem-12559	3	10	practice	practice	NOUN
fbem-12559	3	11	by	by	ADP
fbem-12559	3	12	examining	examine	VERB
fbem-12559	3	13	turnover	turnover	NOUN
fbem-12559	3	14	ratio	ratio	NOUN
fbem-12559	3	15	as	as	ADP
fbem-12559	3	16	a	a	DET
fbem-12559	3	17	proxy	proxy	NOUN
fbem-12559	3	18	indicator	indicator	NOUN
fbem-12559	3	19	,	,	PUNCT
fbem-12559	3	20	the	the	DET
fbem-12559	3	21	trading	trading	NOUN
fbem-12559	3	22	volume	volume	NOUN
fbem-12559	3	23	of	of	ADP
fbem-12559	3	24	closed	close	VERB
fbem-12559	3	25	-	-	PUNCT
fbem-12559	3	26	end	end	NOUN
fbem-12559	3	27	funds	fund	NOUN
fbem-12559	3	28	,	,	PUNCT
fbem-12559	3	29	and	and	CCONJ
fbem-12559	3	30	stock	stock	NOUN
fbem-12559	3	31	price	price	NOUN
fbem-12559	3	32	regression	regression	NOUN
fbem-12559	3	33	.	.	PUNCT
fbem-12559	4	1	it	it	PRON
fbem-12559	4	2	demonstrates	demonstrate	VERB
fbem-12559	4	3	that	that	SCONJ
fbem-12559	4	4	investor	investor	NOUN
fbem-12559	4	5	sentiment	sentiment	NOUN
fbem-12559	4	6	significantly	significantly	ADV
fbem-12559	4	7	influences	influence	VERB
fbem-12559	4	8	stock	stock	NOUN
fbem-12559	4	9	prices	price	NOUN
fbem-12559	4	10	.	.	PUNCT
fbem-12559	5	1	moreover	moreover	ADV
fbem-12559	5	2	,	,	PUNCT
fbem-12559	5	3	it	it	PRON
fbem-12559	5	4	indicates	indicate	VERB
fbem-12559	5	5	that	that	SCONJ
fbem-12559	5	6	both	both	DET
fbem-12559	5	7	investor	investor	NOUN
fbem-12559	5	8	sentiment	sentiment	NOUN
fbem-12559	5	9	and	and	CCONJ
fbem-12559	5	10	stock	stock	NOUN
fbem-12559	5	11	prices	price	NOUN
fbem-12559	5	12	can	can	AUX
fbem-12559	5	13	mutually	mutually	ADV
fbem-12559	5	14	affect	affect	VERB
fbem-12559	5	15	each	each	DET
fbem-12559	5	16	other	other	ADJ
fbem-12559	5	17	.	.	PUNCT
fbem-12559	6	1	among	among	ADP
fbem-12559	6	2	the	the	DET
fbem-12559	6	3	investor	investor	NOUN
fbem-12559	6	4	sentiment	sentiment	NOUN
fbem-12559	6	5	indicators	indicator	NOUN
fbem-12559	6	6	,	,	PUNCT
fbem-12559	6	7	turnover	turnover	NOUN
fbem-12559	6	8	ratio	ratio	NOUN
fbem-12559	6	9	has	have	VERB
fbem-12559	6	10	a	a	DET
fbem-12559	6	11	stronger	strong	ADJ
fbem-12559	6	12	impact	impact	NOUN
fbem-12559	6	13	on	on	ADP
fbem-12559	6	14	stock	stock	NOUN
fbem-12559	6	15	prices	price	NOUN
fbem-12559	6	16	,	,	PUNCT
fbem-12559	6	17	while	while	SCONJ
fbem-12559	6	18	the	the	DET
fbem-12559	6	19	trading	trading	NOUN
fbem-12559	6	20	volume	volume	NOUN
fbem-12559	6	21	of	of	ADP
fbem-12559	6	22	closedend	closedend	NOUN
fbem-12559	6	23	funds	fund	NOUN
fbem-12559	6	24	exhibits	exhibit	VERB
fbem-12559	6	25	certain	certain	ADJ
fbem-12559	6	26	predictive	predictive	ADJ
fbem-12559	6	27	functionality	functionality	NOUN
fbem-12559	6	28	.	.	PUNCT
fbem-12559	7	1	keywords	keyword	NOUN
fbem-12559	7	2	:	:	PUNCT
fbem-12559	7	3	turnover	turnover	NOUN
fbem-12559	7	4	ratio	ratio	NOUN
fbem-12559	7	5	,	,	PUNCT
fbem-12559	7	6	trading	trading	NOUN
fbem-12559	7	7	volume	volume	NOUN
fbem-12559	7	8	of	of	ADP
fbem-12559	7	9	closed	close	VERB
fbem-12559	7	10	-	-	PUNCT
fbem-12559	7	11	end	end	NOUN
fbem-12559	7	12	funds	fund	NOUN
fbem-12559	7	13	,	,	PUNCT
fbem-12559	7	14	stock	stock	NOUN
fbem-12559	7	15	price	price	NOUN
fbem-12559	7	16	.	.	PUNCT
fbem-12559	8	1	1	1	X
fbem-12559	8	2	.	.	X
fbem-12559	8	3	introduction	introduction	NOUN
fbem-12559	8	4	the	the	DET
fbem-12559	8	5	efficient	efficient	ADJ
fbem-12559	8	6	market	market	NOUN
fbem-12559	8	7	hypothesis	hypothesis	NOUN
fbem-12559	8	8	,	,	PUNCT
fbem-12559	8	9	capital	capital	NOUN
fbem-12559	8	10	asset	asset	NOUN
fbem-12559	8	11	pricing	pricing	NOUN
fbem-12559	8	12	model	model	NOUN
fbem-12559	8	13	,	,	PUNCT
fbem-12559	8	14	and	and	CCONJ
fbem-12559	8	15	modigliani	modigliani	ADJ
fbem-12559	8	16	-	-	PUNCT
fbem-12559	8	17	miller	miller	PROPN
fbem-12559	8	18	theorem	theorem	NOUN
fbem-12559	8	19	have	have	AUX
fbem-12559	8	20	laid	lay	VERB
fbem-12559	8	21	the	the	DET
fbem-12559	8	22	framework	framework	NOUN
fbem-12559	8	23	for	for	ADP
fbem-12559	8	24	traditional	traditional	ADJ
fbem-12559	8	25	finance	finance	NOUN
fbem-12559	8	26	,	,	PUNCT
fbem-12559	8	27	all	all	PRON
fbem-12559	8	28	assuming	assume	VERB
fbem-12559	8	29	that	that	SCONJ
fbem-12559	8	30	individuals	individual	NOUN
fbem-12559	8	31	are	be	AUX
fbem-12559	8	32	fully	fully	ADV
fbem-12559	8	33	rational	rational	ADJ
fbem-12559	8	34	.	.	PUNCT
fbem-12559	9	1	however	however	ADV
fbem-12559	9	2	,	,	PUNCT
fbem-12559	9	3	in	in	ADP
fbem-12559	9	4	the	the	DET
fbem-12559	9	5	1970s	1970	NOUN
fbem-12559	9	6	,	,	PUNCT
fbem-12559	9	7	various	various	ADJ
fbem-12559	9	8	financial	financial	ADJ
fbem-12559	9	9	anomalies	anomaly	NOUN
fbem-12559	9	10	emerged	emerge	VERB
fbem-12559	9	11	,	,	PUNCT
fbem-12559	9	12	such	such	ADJ
fbem-12559	9	13	as	as	ADP
fbem-12559	9	14	the	the	DET
fbem-12559	9	15	"	"	PUNCT
fbem-12559	9	16	equity	equity	NOUN
fbem-12559	9	17	premium	premium	NOUN
fbem-12559	9	18	puzzle	puzzle	NOUN
fbem-12559	9	19	"	"	PUNCT
fbem-12559	9	20	and	and	CCONJ
fbem-12559	9	21	"	"	PUNCT
fbem-12559	9	22	ipo	ipo	NOUN
fbem-12559	9	23	underpricing	underpricing	NOUN
fbem-12559	9	24	puzzle	puzzle	NOUN
fbem-12559	9	25	.	.	PUNCT
fbem-12559	9	26	"	"	PUNCT
fbem-12559	10	1	to	to	PART
fbem-12559	10	2	explain	explain	VERB
fbem-12559	10	3	these	these	DET
fbem-12559	10	4	anomalies	anomaly	NOUN
fbem-12559	10	5	,	,	PUNCT
fbem-12559	10	6	attention	attention	NOUN
fbem-12559	10	7	turned	turn	VERB
fbem-12559	10	8	to	to	ADP
fbem-12559	10	9	the	the	DET
fbem-12559	10	10	field	field	NOUN
fbem-12559	10	11	of	of	ADP
fbem-12559	10	12	behavioral	behavioral	ADJ
fbem-12559	10	13	finance	finance	NOUN
fbem-12559	10	14	.	.	PUNCT
fbem-12559	11	1	behavioral	behavioral	ADJ
fbem-12559	11	2	finance	finance	NOUN
fbem-12559	11	3	explains	explain	VERB
fbem-12559	11	4	these	these	DET
fbem-12559	11	5	financial	financial	ADJ
fbem-12559	11	6	anomalies	anomaly	NOUN
fbem-12559	11	7	by	by	ADP
fbem-12559	11	8	analyzing	analyze	VERB
fbem-12559	11	9	sociology	sociology	NOUN
fbem-12559	11	10	,	,	PUNCT
fbem-12559	11	11	psychology	psychology	NOUN
fbem-12559	11	12	,	,	PUNCT
fbem-12559	11	13	and	and	CCONJ
fbem-12559	11	14	behavior	behavior	NOUN
fbem-12559	11	15	.	.	PUNCT
fbem-12559	12	1	it	it	PRON
fbem-12559	12	2	suggests	suggest	VERB
fbem-12559	12	3	that	that	SCONJ
fbem-12559	12	4	not	not	PART
fbem-12559	12	5	all	all	DET
fbem-12559	12	6	market	market	NOUN
fbem-12559	12	7	participants	participant	NOUN
fbem-12559	12	8	are	be	AUX
fbem-12559	12	9	rational	rational	ADJ
fbem-12559	12	10	actors	actor	NOUN
fbem-12559	12	11	as	as	SCONJ
fbem-12559	12	12	assumed	assume	VERB
fbem-12559	12	13	in	in	ADP
fbem-12559	12	14	the	the	DET
fbem-12559	12	15	efficient	efficient	ADJ
fbem-12559	12	16	market	market	NOUN
fbem-12559	12	17	hypothesis	hypothesis	NOUN
fbem-12559	12	18	.	.	PUNCT
fbem-12559	13	1	instead	instead	ADV
fbem-12559	13	2	,	,	PUNCT
fbem-12559	13	3	there	there	PRON
fbem-12559	13	4	are	be	VERB
fbem-12559	13	5	irrational	irrational	ADJ
fbem-12559	13	6	traders	trader	NOUN
fbem-12559	13	7	in	in	ADP
fbem-12559	13	8	the	the	DET
fbem-12559	13	9	market	market	NOUN
fbem-12559	13	10	,	,	PUNCT
fbem-12559	13	11	known	know	VERB
fbem-12559	13	12	as	as	ADP
fbem-12559	13	13	noise	noise	NOUN
fbem-12559	13	14	traders	trader	NOUN
fbem-12559	13	15	,	,	PUNCT
fbem-12559	13	16	who	who	PRON
fbem-12559	13	17	are	be	AUX
fbem-12559	13	18	susceptible	susceptible	ADJ
fbem-12559	13	19	to	to	ADP
fbem-12559	13	20	irrational	irrational	ADJ
fbem-12559	13	21	influences	influence	NOUN
fbem-12559	13	22	,	,	PUNCT
fbem-12559	13	23	leading	lead	VERB
fbem-12559	13	24	to	to	ADP
fbem-12559	13	25	abnormal	abnormal	ADJ
fbem-12559	13	26	stock	stock	NOUN
fbem-12559	13	27	price	price	NOUN
fbem-12559	13	28	movements	movement	NOUN
fbem-12559	13	29	.	.	PUNCT
fbem-12559	14	1	behavioral	behavioral	ADJ
fbem-12559	14	2	finance	finance	NOUN
fbem-12559	14	3	theory	theory	NOUN
fbem-12559	14	4	can	can	AUX
fbem-12559	14	5	be	be	AUX
fbem-12559	14	6	divided	divide	VERB
fbem-12559	14	7	into	into	ADP
fbem-12559	14	8	investor	investor	NOUN
fbem-12559	14	9	behavior	behavior	NOUN
fbem-12559	14	10	and	and	CCONJ
fbem-12559	14	11	market	market	NOUN
fbem-12559	14	12	inefficiency	inefficiency	NOUN
fbem-12559	14	13	research	research	NOUN
fbem-12559	14	14	.	.	PUNCT
fbem-12559	15	1	investor	investor	NOUN
fbem-12559	15	2	sentiment	sentiment	NOUN
fbem-12559	15	3	falls	fall	VERB
fbem-12559	15	4	under	under	ADP
fbem-12559	15	5	the	the	DET
fbem-12559	15	6	category	category	NOUN
fbem-12559	15	7	of	of	ADP
fbem-12559	15	8	investor	investor	NOUN
fbem-12559	15	9	behavior	behavior	NOUN
fbem-12559	15	10	,	,	PUNCT
fbem-12559	15	11	which	which	PRON
fbem-12559	15	12	examines	examine	VERB
fbem-12559	15	13	the	the	DET
fbem-12559	15	14	impact	impact	NOUN
fbem-12559	15	15	of	of	ADP
fbem-12559	15	16	investor	investor	NOUN
fbem-12559	15	17	sentiment	sentiment	NOUN
fbem-12559	15	18	on	on	ADP
fbem-12559	15	19	stock	stock	NOUN
fbem-12559	15	20	prices	price	NOUN
fbem-12559	15	21	.	.	PUNCT
fbem-12559	16	1	investor	investor	NOUN
fbem-12559	16	2	sentiment	sentiment	NOUN
fbem-12559	16	3	lacks	lack	VERB
fbem-12559	16	4	a	a	DET
fbem-12559	16	5	clear	clear	ADJ
fbem-12559	16	6	definition	definition	NOUN
fbem-12559	16	7	but	but	CCONJ
fbem-12559	16	8	generally	generally	ADV
fbem-12559	16	9	refers	refer	VERB
fbem-12559	16	10	to	to	ADP
fbem-12559	16	11	the	the	DET
fbem-12559	16	12	irrational	irrational	ADJ
fbem-12559	16	13	judgments	judgment	NOUN
fbem-12559	16	14	that	that	PRON
fbem-12559	16	15	investors	investor	NOUN
fbem-12559	16	16	make	make	VERB
fbem-12559	16	17	in	in	ADP
fbem-12559	16	18	the	the	DET
fbem-12559	16	19	stock	stock	NOUN
fbem-12559	16	20	market	market	NOUN
fbem-12559	16	21	.	.	PUNCT
fbem-12559	17	1	these	these	DET
fbem-12559	17	2	irrational	irrational	ADJ
fbem-12559	17	3	judgments	judgment	NOUN
fbem-12559	17	4	can	can	AUX
fbem-12559	17	5	lead	lead	VERB
fbem-12559	17	6	investors	investor	NOUN
fbem-12559	17	7	to	to	PART
fbem-12559	17	8	have	have	VERB
fbem-12559	17	9	incorrect	incorrect	ADJ
fbem-12559	17	10	expectations	expectation	NOUN
fbem-12559	17	11	of	of	ADP
fbem-12559	17	12	stock	stock	NOUN
fbem-12559	17	13	prices	price	NOUN
fbem-12559	17	14	,	,	PUNCT
fbem-12559	17	15	resulting	result	VERB
fbem-12559	17	16	in	in	ADP
fbem-12559	17	17	financial	financial	ADJ
fbem-12559	17	18	market	market	NOUN
fbem-12559	17	19	anomalies	anomaly	NOUN
fbem-12559	17	20	.	.	PUNCT
fbem-12559	18	1	the	the	DET
fbem-12559	18	2	relationship	relationship	NOUN
fbem-12559	18	3	between	between	ADP
fbem-12559	18	4	investor	investor	NOUN
fbem-12559	18	5	sentiment	sentiment	NOUN
fbem-12559	18	6	and	and	CCONJ
fbem-12559	18	7	stock	stock	NOUN
fbem-12559	18	8	prices	price	NOUN
fbem-12559	18	9	lies	lie	VERB
fbem-12559	18	10	in	in	ADP
fbem-12559	18	11	how	how	SCONJ
fbem-12559	18	12	investor	investor	NOUN
fbem-12559	18	13	sentiment	sentiment	NOUN
fbem-12559	18	14	is	be	AUX
fbem-12559	18	15	measured	measure	VERB
fbem-12559	18	16	.	.	PUNCT
fbem-12559	19	1	according	accord	VERB
fbem-12559	19	2	to	to	ADP
fbem-12559	19	3	previous	previous	ADJ
fbem-12559	19	4	research	research	NOUN
fbem-12559	19	5	,	,	PUNCT
fbem-12559	19	6	there	there	PRON
fbem-12559	19	7	are	be	VERB
fbem-12559	19	8	three	three	NUM
fbem-12559	19	9	main	main	ADJ
fbem-12559	19	10	methods	method	NOUN
fbem-12559	19	11	for	for	ADP
fbem-12559	19	12	measuring	measure	VERB
fbem-12559	19	13	investor	investor	NOUN
fbem-12559	19	14	sentiment	sentiment	NOUN
fbem-12559	19	15	:	:	PUNCT
fbem-12559	19	16	explicit	explicit	ADJ
fbem-12559	19	17	indicators	indicator	NOUN
fbem-12559	19	18	,	,	PUNCT
fbem-12559	19	19	proxy	proxy	ADJ
fbem-12559	19	20	indicators	indicator	NOUN
fbem-12559	19	21	,	,	PUNCT
fbem-12559	19	22	and	and	CCONJ
fbem-12559	19	23	investor	investor	NOUN
fbem-12559	19	24	sentiment	sentiment	NOUN
fbem-12559	19	25	indices	indice	VERB
fbem-12559	19	26	.	.	PUNCT
fbem-12559	20	1	explicit	explicit	ADJ
fbem-12559	20	2	indicators	indicator	NOUN
fbem-12559	20	3	involve	involve	VERB
fbem-12559	20	4	surveys	survey	NOUN
fbem-12559	20	5	of	of	ADP
fbem-12559	20	6	investors	investor	NOUN
fbem-12559	20	7	to	to	PART
fbem-12559	20	8	reflect	reflect	VERB
fbem-12559	20	9	market	market	NOUN
fbem-12559	20	10	judgments	judgment	NOUN
fbem-12559	20	11	of	of	ADP
fbem-12559	20	12	stock	stock	NOUN
fbem-12559	20	13	prices	price	NOUN
fbem-12559	20	14	.	.	PUNCT
fbem-12559	21	1	proxy	proxy	ADJ
fbem-12559	21	2	indicators	indicator	NOUN
fbem-12559	21	3	represent	represent	VERB
fbem-12559	21	4	investor	investor	NOUN
fbem-12559	21	5	sentiment	sentiment	NOUN
fbem-12559	21	6	through	through	ADP
fbem-12559	21	7	variables	variable	NOUN
fbem-12559	21	8	in	in	ADP
fbem-12559	21	9	financial	financial	ADJ
fbem-12559	21	10	markets	market	NOUN
fbem-12559	21	11	,	,	PUNCT
fbem-12559	21	12	such	such	ADJ
fbem-12559	21	13	as	as	ADP
fbem-12559	21	14	turnover	turnover	NOUN
fbem-12559	21	15	ratio	ratio	NOUN
fbem-12559	21	16	and	and	CCONJ
fbem-12559	21	17	ipo	ipo	NOUN
fbem-12559	21	18	first	first	ADJ
fbem-12559	21	19	-	-	PUNCT
fbem-12559	21	20	day	day	NOUN
fbem-12559	21	21	returns	return	NOUN
fbem-12559	21	22	.	.	PUNCT
fbem-12559	22	1	investor	investor	NOUN
fbem-12559	22	2	sentiment	sentiment	NOUN
fbem-12559	22	3	indices	index	NOUN
fbem-12559	22	4	are	be	AUX
fbem-12559	22	5	composite	composite	ADJ
fbem-12559	22	6	indexes	index	NOUN
fbem-12559	22	7	constructed	construct	VERB
fbem-12559	22	8	by	by	ADP
fbem-12559	22	9	weighting	weight	VERB
fbem-12559	22	10	multiple	multiple	ADJ
fbem-12559	22	11	variables	variable	NOUN
fbem-12559	22	12	.	.	PUNCT
fbem-12559	23	1	among	among	ADP
fbem-12559	23	2	the	the	DET
fbem-12559	23	3	three	three	NUM
fbem-12559	23	4	indicators	indicator	NOUN
fbem-12559	23	5	,	,	PUNCT
fbem-12559	23	6	there	there	PRON
fbem-12559	23	7	has	have	AUX
fbem-12559	23	8	not	not	PART
fbem-12559	23	9	been	be	AUX
fbem-12559	23	10	much	much	ADJ
fbem-12559	23	11	research	research	NOUN
fbem-12559	23	12	on	on	ADP
fbem-12559	23	13	investor	investor	NOUN
fbem-12559	23	14	sentiment	sentiment	NOUN
fbem-12559	23	15	indices	indice	VERB
fbem-12559	23	16	in	in	ADP
fbem-12559	23	17	china	china	PROPN
fbem-12559	23	18	,	,	PUNCT
fbem-12559	23	19	and	and	CCONJ
fbem-12559	23	20	explicit	explicit	ADJ
fbem-12559	23	21	indicators	indicator	NOUN
fbem-12559	23	22	can	can	AUX
fbem-12559	23	23	be	be	AUX
fbem-12559	23	24	subject	subject	ADJ
fbem-12559	23	25	to	to	ADP
fbem-12559	23	26	errors	error	NOUN
fbem-12559	23	27	and	and	CCONJ
fbem-12559	23	28	do	do	AUX
fbem-12559	23	29	not	not	PART
fbem-12559	23	30	accurately	accurately	ADV
fbem-12559	23	31	represent	represent	VERB
fbem-12559	23	32	investor	investor	NOUN
fbem-12559	23	33	sentiment	sentiment	NOUN
fbem-12559	23	34	.	.	PUNCT
fbem-12559	24	1	proxy	proxy	ADJ
fbem-12559	24	2	indicators	indicator	NOUN
fbem-12559	24	3	have	have	AUX
fbem-12559	24	4	been	be	AUX
fbem-12559	24	5	the	the	DET
fbem-12559	24	6	focus	focus	NOUN
fbem-12559	24	7	of	of	ADP
fbem-12559	24	8	many	many	ADJ
fbem-12559	24	9	scholars	scholar	NOUN
fbem-12559	24	10	'	'	PART
fbem-12559	24	11	research	research	NOUN
fbem-12559	24	12	,	,	PUNCT
fbem-12559	24	13	with	with	ADP
fbem-12559	24	14	turnover	turnover	NOUN
fbem-12559	24	15	ratio	ratio	NOUN
fbem-12559	24	16	being	be	AUX
fbem-12559	24	17	a	a	DET
fbem-12559	24	18	widely	widely	ADV
fbem-12559	24	19	studied	study	VERB
fbem-12559	24	20	proxy	proxy	NOUN
fbem-12559	24	21	indicator	indicator	NOUN
fbem-12559	24	22	due	due	ADP
fbem-12559	24	23	to	to	ADP
fbem-12559	24	24	its	its	PRON
fbem-12559	24	25	easy	easy	ADJ
fbem-12559	24	26	availability	availability	NOUN
fbem-12559	24	27	and	and	CCONJ
fbem-12559	24	28	representative	representative	ADJ
fbem-12559	24	29	nature	nature	NOUN
fbem-12559	24	30	.	.	PUNCT
fbem-12559	25	1	turnover	turnover	NOUN
fbem-12559	25	2	ratio	ratio	NOUN
fbem-12559	25	3	measures	measure	VERB
fbem-12559	25	4	the	the	DET
fbem-12559	25	5	ratio	ratio	NOUN
fbem-12559	25	6	of	of	ADP
fbem-12559	25	7	trades	trade	NOUN
fbem-12559	25	8	in	in	ADP
fbem-12559	25	9	the	the	DET
fbem-12559	25	10	market	market	NOUN
fbem-12559	25	11	within	within	ADP
fbem-12559	25	12	a	a	DET
fbem-12559	25	13	certain	certain	ADJ
fbem-12559	25	14	period	period	NOUN
fbem-12559	25	15	,	,	PUNCT
fbem-12559	25	16	reflecting	reflect	VERB
fbem-12559	25	17	stock	stock	NOUN
fbem-12559	25	18	liquidity	liquidity	NOUN
fbem-12559	25	19	and	and	CCONJ
fbem-12559	25	20	speculative	speculative	ADJ
fbem-12559	25	21	demand	demand	NOUN
fbem-12559	25	22	from	from	ADP
fbem-12559	25	23	investors	investor	NOUN
fbem-12559	25	24	.	.	PUNCT
fbem-12559	26	1	in	in	ADP
fbem-12559	26	2	this	this	DET
fbem-12559	26	3	study	study	NOUN
fbem-12559	26	4	,	,	PUNCT
fbem-12559	26	5	the	the	DET
fbem-12559	26	6	market	market	NOUN
fbem-12559	26	7	value	value	NOUN
fbem-12559	26	8	-	-	PUNCT
fbem-12559	26	9	weighted	weight	VERB
fbem-12559	26	10	daily	daily	ADJ
fbem-12559	26	11	turnover	turnover	NOUN
fbem-12559	26	12	ratio	ratio	NOUN
fbem-12559	26	13	of	of	ADP
fbem-12559	26	14	the	the	DET
fbem-12559	26	15	shanghai	shanghai	PROPN
fbem-12559	26	16	and	and	CCONJ
fbem-12559	26	17	shenzhen	shenzhen	PROPN
fbem-12559	26	18	a	a	DET
fbem-12559	26	19	-	-	PUNCT
fbem-12559	26	20	share	share	NOUN
fbem-12559	26	21	markets	market	NOUN
fbem-12559	26	22	is	be	AUX
fbem-12559	26	23	used	use	VERB
fbem-12559	26	24	.	.	PUNCT
fbem-12559	27	1	when	when	SCONJ
fbem-12559	27	2	investor	investor	NOUN
fbem-12559	27	3	sentiment	sentiment	NOUN
fbem-12559	27	4	is	be	AUX
fbem-12559	27	5	high	high	ADJ
fbem-12559	27	6	,	,	PUNCT
fbem-12559	27	7	speculative	speculative	ADJ
fbem-12559	27	8	demand	demand	NOUN
fbem-12559	27	9	drives	drive	VERB
fbem-12559	27	10	trading	trading	NOUN
fbem-12559	27	11	activity	activity	NOUN
fbem-12559	27	12	,	,	PUNCT
fbem-12559	27	13	indicating	indicate	VERB
fbem-12559	27	14	elevated	elevated	ADJ
fbem-12559	27	15	investor	investor	NOUN
fbem-12559	27	16	sentiment	sentiment	NOUN
fbem-12559	27	17	.	.	PUNCT
fbem-12559	28	1	conversely	conversely	ADV
fbem-12559	28	2	,	,	PUNCT
fbem-12559	28	3	low	low	ADJ
fbem-12559	28	4	trading	trading	NOUN
fbem-12559	28	5	volume	volume	NOUN
fbem-12559	28	6	represents	represents	AUX
fbem-12559	28	7	decreased	decrease	VERB
fbem-12559	28	8	speculative	speculative	ADJ
fbem-12559	28	9	demand	demand	NOUN
fbem-12559	28	10	and	and	CCONJ
fbem-12559	28	11	subdued	subdue	VERB
fbem-12559	28	12	investor	investor	NOUN
fbem-12559	28	13	sentiment	sentiment	NOUN
fbem-12559	28	14	.	.	PUNCT
fbem-12559	29	1	thus	thus	ADV
fbem-12559	29	2	,	,	PUNCT
fbem-12559	29	3	turnover	turnover	NOUN
fbem-12559	29	4	ratio	ratio	NOUN
fbem-12559	29	5	can	can	AUX
fbem-12559	29	6	be	be	AUX
fbem-12559	29	7	viewed	view	VERB
fbem-12559	29	8	as	as	ADP
fbem-12559	29	9	a	a	DET
fbem-12559	29	10	proxy	proxy	ADJ
fbem-12559	29	11	indicator	indicator	NOUN
fbem-12559	29	12	of	of	ADP
fbem-12559	29	13	investor	investor	NOUN
fbem-12559	29	14	sentiment	sentiment	NOUN
fbem-12559	29	15	.	.	PUNCT
fbem-12559	30	1	the	the	DET
fbem-12559	30	2	trading	trading	NOUN
fbem-12559	30	3	volume	volume	NOUN
fbem-12559	30	4	of	of	ADP
fbem-12559	30	5	closed	close	VERB
fbem-12559	30	6	-	-	PUNCT
fbem-12559	30	7	end	end	NOUN
fbem-12559	30	8	funds	fund	NOUN
fbem-12559	30	9	reflects	reflect	VERB
fbem-12559	30	10	investor	investor	NOUN
fbem-12559	30	11	expectations	expectation	NOUN
fbem-12559	30	12	of	of	ADP
fbem-12559	30	13	future	future	ADJ
fbem-12559	30	14	asset	asset	NOUN
fbem-12559	30	15	prices	price	NOUN
fbem-12559	30	16	.	.	PUNCT
fbem-12559	31	1	when	when	SCONJ
fbem-12559	31	2	investors	investor	NOUN
fbem-12559	31	3	have	have	VERB
fbem-12559	31	4	a	a	DET
fbem-12559	31	5	negative	negative	ADJ
fbem-12559	31	6	outlook	outlook	NOUN
fbem-12559	31	7	on	on	ADP
fbem-12559	31	8	future	future	ADJ
fbem-12559	31	9	investment	investment	NOUN
fbem-12559	31	10	prospects	prospect	NOUN
fbem-12559	31	11	,	,	PUNCT
fbem-12559	31	12	the	the	DET
fbem-12559	31	13	trading	trading	NOUN
fbem-12559	31	14	volume	volume	NOUN
fbem-12559	31	15	of	of	ADP
fbem-12559	31	16	closed	close	VERB
fbem-12559	31	17	-	-	PUNCT
fbem-12559	31	18	end	end	NOUN
fbem-12559	31	19	funds	fund	NOUN
fbem-12559	31	20	increases	increase	NOUN
fbem-12559	31	21	,	,	PUNCT
fbem-12559	31	22	and	and	CCONJ
fbem-12559	31	23	vice	vice	ADV
fbem-12559	31	24	versa	versa	ADV
fbem-12559	31	25	.	.	PUNCT
fbem-12559	32	1	this	this	DET
fbem-12559	32	2	study	study	NOUN
fbem-12559	32	3	conducts	conduct	VERB
fbem-12559	32	4	an	an	DET
fbem-12559	32	5	empirical	empirical	ADJ
fbem-12559	32	6	analysis	analysis	NOUN
fbem-12559	32	7	using	use	VERB
fbem-12559	32	8	these	these	DET
fbem-12559	32	9	two	two	NUM
fbem-12559	32	10	indicators	indicator	NOUN
fbem-12559	32	11	to	to	PART
fbem-12559	32	12	examine	examine	VERB
fbem-12559	32	13	whether	whether	SCONJ
fbem-12559	32	14	investor	investor	NOUN
fbem-12559	32	15	sentiment	sentiment	NOUN
fbem-12559	32	16	significantly	significantly	ADV
fbem-12559	32	17	affects	affect	VERB
fbem-12559	32	18	the	the	DET
fbem-12559	32	19	performance	performance	NOUN
fbem-12559	32	20	of	of	ADP
fbem-12559	32	21	the	the	DET
fbem-12559	32	22	shanghai	shanghai	PROPN
fbem-12559	32	23	stock	stock	PROPN
fbem-12559	32	24	exchange	exchange	PROPN
fbem-12559	32	25	composite	composite	ADJ
fbem-12559	32	26	index	index	NOUN
fbem-12559	32	27	.	.	PUNCT
fbem-12559	33	1	2	2	X
fbem-12559	33	2	.	.	X
fbem-12559	33	3	literature	literature	NOUN
fbem-12559	33	4	review	review	PROPN
fbem-12559	33	5	investor	investor	NOUN
fbem-12559	33	6	sentiment	sentiment	NOUN
fbem-12559	33	7	has	have	VERB
fbem-12559	33	8	a	a	DET
fbem-12559	33	9	profound	profound	ADJ
fbem-12559	33	10	impact	impact	NOUN
fbem-12559	33	11	on	on	ADP
fbem-12559	33	12	the	the	DET
fbem-12559	33	13	pricing	pricing	NOUN
fbem-12559	33	14	of	of	ADP
fbem-12559	33	15	assets	asset	NOUN
fbem-12559	33	16	in	in	ADP
fbem-12559	33	17	capital	capital	NOUN
fbem-12559	33	18	markets	market	NOUN
fbem-12559	33	19	.	.	PUNCT
fbem-12559	34	1	songs	song	NOUN
fbem-12559	34	2	jun	jun	PROPN
fbem-12559	34	3	and	and	CCONJ
fbem-12559	34	4	wu	wu	PROPN
fbem-12559	34	5	chongfeng	chongfeng	PROPN
fbem-12559	34	6	(	(	PUNCT
fbem-12559	34	7	2003	2003	NUM
fbem-12559	34	8	)	)	PUNCT
fbem-12559	34	9	found	find	VERB
fbem-12559	34	10	that	that	SCONJ
fbem-12559	34	11	investor	investor	NOUN
fbem-12559	34	12	sentiment	sentiment	NOUN
fbem-12559	34	13	can	can	AUX
fbem-12559	34	14	have	have	VERB
fbem-12559	34	15	a	a	DET
fbem-12559	34	16	sustained	sustained	ADJ
fbem-12559	34	17	and	and	CCONJ
fbem-12559	34	18	significant	significant	ADJ
fbem-12559	34	19	impact	impact	NOUN
fbem-12559	34	20	on	on	ADP
fbem-12559	34	21	market	market	NOUN
fbem-12559	34	22	prices	price	NOUN
fbem-12559	34	23	,	,	PUNCT
fbem-12559	34	24	which	which	PRON
fbem-12559	34	25	can	can	AUX
fbem-12559	34	26	be	be	AUX
fbem-12559	34	27	seen	see	VERB
fbem-12559	34	28	as	as	ADP
fbem-12559	34	29	compensation	compensation	NOUN
fbem-12559	34	30	for	for	ADP
fbem-12559	34	31	systematic	systematic	ADJ
fbem-12559	34	32	risk	risk	NOUN
fbem-12559	34	33	.	.	PUNCT
fbem-12559	35	1	su	su	PROPN
fbem-12559	35	2	dongwei	dongwei	PROPN
fbem-12559	35	3	and	and	CCONJ
fbem-12559	35	4	mai	mai	PROPN
fbem-12559	35	5	yuanxun	yuanxun	PROPN
fbem-12559	35	6	(	(	PUNCT
fbem-12559	35	7	2004	2004	NUM
fbem-12559	35	8	)	)	PUNCT
fbem-12559	35	9	replaced	replace	VERB
fbem-12559	35	10	liquidity	liquidity	NOUN
fbem-12559	35	11	with	with	ADP
fbem-12559	35	12	turnover	turnover	NOUN
fbem-12559	35	13	ratio	ratio	NOUN
fbem-12559	35	14	and	and	CCONJ
fbem-12559	35	15	discovered	discover	VERB
fbem-12559	35	16	a	a	DET
fbem-12559	35	17	significant	significant	ADJ
fbem-12559	35	18	liquidity	liquidity	NOUN
fbem-12559	35	19	premium	premium	NOUN
fbem-12559	35	20	in	in	ADP
fbem-12559	35	21	china	china	PROPN
fbem-12559	35	22	's	's	PART
fbem-12559	35	23	stock	stock	NOUN
fbem-12559	35	24	market	market	NOUN
fbem-12559	35	25	.	.	PUNCT
fbem-12559	36	1	companies	company	NOUN
fbem-12559	36	2	with	with	ADP
fbem-12559	36	3	lower	low	ADJ
fbem-12559	36	4	turnover	turnover	NOUN
fbem-12559	36	5	ratios	ratio	NOUN
fbem-12559	36	6	and	and	CCONJ
fbem-12559	36	7	higher	high	ADJ
fbem-12559	36	8	trading	trading	NOUN
fbem-12559	36	9	costs	cost	NOUN
fbem-12559	36	10	have	have	VERB
fbem-12559	36	11	higher	high	ADJ
fbem-12559	36	12	expected	expect	VERB
fbem-12559	36	13	returns	return	NOUN
fbem-12559	36	14	.	.	PUNCT
fbem-12559	37	1	the	the	DET
fbem-12559	37	2	reason	reason	NOUN
fbem-12559	37	3	behind	behind	ADP
fbem-12559	37	4	the	the	DET
fbem-12559	37	5	liquidity	liquidity	NOUN
fbem-12559	37	6	premium	premium	NOUN
fbem-12559	37	7	is	be	AUX
fbem-12559	37	8	transaction	transaction	NOUN
fbem-12559	37	9	costs	cost	NOUN
fbem-12559	37	10	rather	rather	ADV
fbem-12559	37	11	than	than	ADP
fbem-12559	37	12	transaction	transaction	NOUN
fbem-12559	37	13	frequency	frequency	NOUN
fbem-12559	37	14	.	.	PUNCT
fbem-12559	38	1	regarding	regard	VERB
fbem-12559	38	2	market	market	NOUN
fbem-12559	38	3	predictability	predictability	NOUN
fbem-12559	38	4	,	,	PUNCT
fbem-12559	38	5	songs	song	NOUN
fbem-12559	38	6	jun	jun	PROPN
fbem-12559	38	7	and	and	CCONJ
fbem-12559	38	8	wu	wu	PROPN
fbem-12559	38	9	chongfeng	chongfeng	PROPN
fbem-12559	38	10	and	and	CCONJ
fbem-12559	38	11	other	other	ADJ
fbem-12559	38	12	scholars	scholar	NOUN
fbem-12559	38	13	believe	believe	VERB
fbem-12559	38	14	that	that	SCONJ
fbem-12559	38	15	investor	investor	NOUN
fbem-12559	38	16	sentiment	sentiment	NOUN
fbem-12559	38	17	is	be	AUX
fbem-12559	38	18	unpredictable	unpredictable	ADJ
fbem-12559	38	19	and	and	CCONJ
fbem-12559	38	20	does	do	AUX
fbem-12559	38	21	not	not	PART
fbem-12559	38	22	possess	possess	VERB
fbem-12559	38	23	predictive	predictive	ADJ
fbem-12559	38	24	power	power	NOUN
fbem-12559	38	25	for	for	ADP
fbem-12559	38	26	the	the	DET
fbem-12559	38	27	market	market	NOUN
fbem-12559	38	28	.	.	PUNCT
fbem-12559	39	1	in	in	ADP
fbem-12559	39	2	terms	term	NOUN
fbem-12559	39	3	of	of	ADP
fbem-12559	39	4	its	its	PRON
fbem-12559	39	5	impact	impact	NOUN
fbem-12559	39	6	on	on	ADP
fbem-12559	39	7	stock	stock	NOUN
fbem-12559	39	8	returns	return	NOUN
fbem-12559	39	9	,	,	PUNCT
fbem-12559	39	10	yang	yang	PROPN
fbem-12559	39	11	yang	yang	PROPN
fbem-12559	39	12	and	and	CCONJ
fbem-12559	39	13	wan	wan	PROPN
fbem-12559	39	14	difang	difang	PROPN
fbem-12559	39	15	(	(	PUNCT
fbem-12559	39	16	2010	2010	NUM
fbem-12559	39	17	)	)	PUNCT
fbem-12559	39	18	argue	argue	VERB
fbem-12559	39	19	that	that	SCONJ
fbem-12559	39	20	investor	investor	NOUN
fbem-12559	39	21	sentiment	sentiment	NOUN
fbem-12559	39	22	does	do	AUX
fbem-12559	39	23	not	not	PART
fbem-12559	39	24	have	have	VERB
fbem-12559	39	25	a	a	DET
fbem-12559	39	26	significant	significant	ADJ
fbem-12559	39	27	influence	influence	NOUN
fbem-12559	39	28	on	on	ADP
fbem-12559	39	29	stock	stock	NOUN
fbem-12559	39	30	returns	return	NOUN
fbem-12559	39	31	.	.	PUNCT
fbem-12559	40	1	zhang	zhang	PROPN
fbem-12559	40	2	qiang	qiang	PROPN
fbem-12559	40	3	and	and	CCONJ
fbem-12559	40	4	yang	yang	PROPN
fbem-12559	40	5	shue	shue	PROPN
fbem-12559	40	6	(	(	PUNCT
fbem-12559	40	7	2016	2016	NUM
fbem-12559	40	8	)	)	PUNCT
fbem-12559	40	9	,	,	PUNCT
fbem-12559	40	10	through	through	ADP
fbem-12559	40	11	modifications	modification	NOUN
fbem-12559	40	12	to	to	ADP
fbem-12559	40	13	the	the	DET
fbem-12559	40	14	noise	noise	NOUN
fbem-12559	40	15	trading	trading	NOUN
fbem-12559	40	16	theory	theory	NOUN
fbem-12559	40	17	model	model	NOUN
fbem-12559	40	18	,	,	PUNCT
fbem-12559	40	19	analyzed	analyze	VERB
fbem-12559	40	20	the	the	DET
fbem-12559	40	21	mechanism	mechanism	NOUN
fbem-12559	40	22	of	of	ADP
fbem-12559	40	23	how	how	SCONJ
fbem-12559	40	24	62	62	NUM
fbem-12559	40	25	investor	investor	NOUN
fbem-12559	40	26	sentiment	sentiment	NOUN
fbem-12559	40	27	affects	affect	VERB
fbem-12559	40	28	stock	stock	NOUN
fbem-12559	40	29	returns	return	NOUN
fbem-12559	40	30	.	.	PUNCT
fbem-12559	41	1	they	they	PRON
fbem-12559	41	2	selected	select	VERB
fbem-12559	41	3	turnover	turnover	NOUN
fbem-12559	41	4	ratio	ratio	NOUN
fbem-12559	41	5	and	and	CCONJ
fbem-12559	41	6	closed	closed	ADJ
fbem-12559	41	7	-	-	PUNCT
fbem-12559	41	8	end	end	NOUN
fbem-12559	41	9	fund	fund	NOUN
fbem-12559	41	10	discount	discount	NOUN
fbem-12559	41	11	as	as	ADP
fbem-12559	41	12	indirect	indirect	ADJ
fbem-12559	41	13	indicators	indicator	NOUN
fbem-12559	41	14	of	of	ADP
fbem-12559	41	15	investor	investor	NOUN
fbem-12559	41	16	sentiment	sentiment	NOUN
fbem-12559	41	17	.	.	PUNCT
fbem-12559	42	1	using	use	VERB
fbem-12559	42	2	ols	ol	NOUN
fbem-12559	42	3	and	and	CCONJ
fbem-12559	42	4	garch	garch	NOUN
fbem-12559	42	5	regression	regression	NOUN
fbem-12559	42	6	analysis	analysis	NOUN
fbem-12559	42	7	,	,	PUNCT
fbem-12559	42	8	they	they	PRON
fbem-12559	42	9	found	find	VERB
fbem-12559	42	10	that	that	SCONJ
fbem-12559	42	11	investor	investor	NOUN
fbem-12559	42	12	sentiment	sentiment	NOUN
fbem-12559	42	13	is	be	AUX
fbem-12559	42	14	one	one	NUM
fbem-12559	42	15	of	of	ADP
fbem-12559	42	16	the	the	DET
fbem-12559	42	17	systemic	systemic	ADJ
fbem-12559	42	18	factors	factor	NOUN
fbem-12559	42	19	influencing	influence	VERB
fbem-12559	42	20	stock	stock	NOUN
fbem-12559	42	21	prices	price	NOUN
fbem-12559	42	22	,	,	PUNCT
fbem-12559	42	23	and	and	CCONJ
fbem-12559	42	24	stock	stock	NOUN
fbem-12559	42	25	prices	price	NOUN
fbem-12559	42	26	fluctuate	fluctuate	NOUN
fbem-12559	42	27	with	with	ADP
fbem-12559	42	28	changes	change	NOUN
fbem-12559	42	29	in	in	ADP
fbem-12559	42	30	investor	investor	NOUN
fbem-12559	42	31	sentiment	sentiment	NOUN
fbem-12559	42	32	.	.	PUNCT
fbem-12559	43	1	regarding	regard	VERB
fbem-12559	43	2	market	market	NOUN
fbem-12559	43	3	volatility	volatility	NOUN
fbem-12559	43	4	,	,	PUNCT
fbem-12559	43	5	ba	ba	PROPN
fbem-12559	43	6	shusong	shusong	PROPN
fbem-12559	43	7	and	and	CCONJ
fbem-12559	43	8	zhu	zhu	PROPN
fbem-12559	43	9	hong	hong	PROPN
fbem-12559	43	10	(	(	PUNCT
fbem-12559	43	11	2016	2016	NUM
fbem-12559	43	12	)	)	PUNCT
fbem-12559	43	13	argue	argue	VERB
fbem-12559	43	14	that	that	SCONJ
fbem-12559	43	15	margin	margin	NOUN
fbem-12559	43	16	trading	trading	NOUN
fbem-12559	43	17	and	and	CCONJ
fbem-12559	43	18	short	short	ADJ
fbem-12559	43	19	selling	selling	NOUN
fbem-12559	43	20	amplify	amplify	VERB
fbem-12559	43	21	the	the	DET
fbem-12559	43	22	impact	impact	NOUN
fbem-12559	43	23	of	of	ADP
fbem-12559	43	24	investor	investor	NOUN
fbem-12559	43	25	sentiment	sentiment	NOUN
fbem-12559	43	26	on	on	ADP
fbem-12559	43	27	market	market	NOUN
fbem-12559	43	28	volatility	volatility	NOUN
fbem-12559	43	29	.	.	PUNCT
fbem-12559	44	1	investor	investor	NOUN
fbem-12559	44	2	sentiment	sentiment	NOUN
fbem-12559	44	3	has	have	VERB
fbem-12559	44	4	the	the	DET
fbem-12559	44	5	greatest	great	ADJ
fbem-12559	44	6	impact	impact	NOUN
fbem-12559	44	7	on	on	ADP
fbem-12559	44	8	the	the	DET
fbem-12559	44	9	a	a	DET
fbem-12559	44	10	-	-	PUNCT
fbem-12559	44	11	share	share	NOUN
fbem-12559	44	12	market	market	NOUN
fbem-12559	44	13	in	in	ADP
fbem-12559	44	14	mainland	mainland	NOUN
fbem-12559	44	15	china	china	PROPN
fbem-12559	44	16	,	,	PUNCT
fbem-12559	44	17	and	and	CCONJ
fbem-12559	44	18	there	there	PRON
fbem-12559	44	19	is	be	VERB
fbem-12559	44	20	also	also	ADV
fbem-12559	44	21	evidence	evidence	NOUN
fbem-12559	44	22	of	of	ADP
fbem-12559	44	23	sentiment	sentiment	NOUN
fbem-12559	44	24	contagion	contagion	NOUN
fbem-12559	44	25	in	in	ADP
fbem-12559	44	26	related	related	ADJ
fbem-12559	44	27	non	non	ADJ
fbem-12559	44	28	-	-	ADJ
fbem-12559	44	29	a	a	DET
fbem-12559	44	30	-	-	PUNCT
fbem-12559	44	31	share	share	NOUN
fbem-12559	44	32	markets	market	NOUN
fbem-12559	44	33	and	and	CCONJ
fbem-12559	44	34	overseas	overseas	ADJ
fbem-12559	44	35	markets	market	NOUN
fbem-12559	44	36	.	.	PUNCT
fbem-12559	45	1	huang	huang	PROPN
fbem-12559	45	2	delong	delong	PROPN
fbem-12559	45	3	(	(	PUNCT
fbem-12559	45	4	2009	2009	NUM
fbem-12559	45	5	)	)	PUNCT
fbem-12559	45	6	constructed	construct	VERB
fbem-12559	45	7	a	a	DET
fbem-12559	45	8	sentiment	sentiment	NOUN
fbem-12559	45	9	index	index	NOUN
fbem-12559	45	10	for	for	ADP
fbem-12559	45	11	the	the	DET
fbem-12559	45	12	chinese	chinese	ADJ
fbem-12559	45	13	stock	stock	NOUN
fbem-12559	45	14	market	market	NOUN
fbem-12559	45	15	using	use	VERB
fbem-12559	45	16	principal	principal	ADJ
fbem-12559	45	17	component	component	NOUN
fbem-12559	45	18	analysis	analysis	NOUN
fbem-12559	45	19	and	and	CCONJ
fbem-12559	45	20	tested	test	VERB
fbem-12559	45	21	it	it	PRON
fbem-12559	45	22	empirically	empirically	ADV
fbem-12559	45	23	using	use	VERB
fbem-12559	45	24	the	the	DET
fbem-12559	45	25	egarch	egarch	NOUN
fbem-12559	45	26	model	model	NOUN
fbem-12559	45	27	.	.	PUNCT
fbem-12559	46	1	the	the	DET
fbem-12559	46	2	results	result	NOUN
fbem-12559	46	3	showed	show	VERB
fbem-12559	46	4	that	that	SCONJ
fbem-12559	46	5	theoretical	theoretical	ADJ
fbem-12559	46	6	deductions	deduction	NOUN
fbem-12559	46	7	are	be	AUX
fbem-12559	46	8	highly	highly	ADV
fbem-12559	46	9	consistent	consistent	ADJ
fbem-12559	46	10	with	with	ADP
fbem-12559	46	11	market	market	NOUN
fbem-12559	46	12	conditions	condition	NOUN
fbem-12559	46	13	.	.	PUNCT
fbem-12559	47	1	3	3	X
fbem-12559	47	2	.	.	X
fbem-12559	47	3	data	datum	NOUN
fbem-12559	47	4	description	description	NOUN
fbem-12559	47	5	and	and	CCONJ
fbem-12559	47	6	descriptive	descriptive	ADJ
fbem-12559	47	7	statistics	statistic	NOUN
fbem-12559	47	8	the	the	DET
fbem-12559	47	9	article	article	NOUN
fbem-12559	47	10	uses	use	VERB
fbem-12559	47	11	python	python	NOUN
fbem-12559	47	12	to	to	PART
fbem-12559	47	13	obtain	obtain	VERB
fbem-12559	47	14	the	the	DET
fbem-12559	47	15	daily	daily	ADJ
fbem-12559	47	16	weighted	weight	VERB
fbem-12559	47	17	turnover	turnover	NOUN
fbem-12559	47	18	rate	rate	NOUN
fbem-12559	47	19	of	of	ADP
fbem-12559	47	20	the	the	DET
fbem-12559	47	21	shanghai	shanghai	PROPN
fbem-12559	47	22	stock	stock	PROPN
fbem-12559	47	23	exchange	exchange	PROPN
fbem-12559	47	24	composite	composite	ADJ
fbem-12559	47	25	index	index	NOUN
fbem-12559	47	26	and	and	CCONJ
fbem-12559	47	27	the	the	DET
fbem-12559	47	28	daily	daily	ADJ
fbem-12559	47	29	trading	trading	NOUN
fbem-12559	47	30	amount	amount	NOUN
fbem-12559	47	31	of	of	ADP
fbem-12559	47	32	closed	closed	ADJ
fbem-12559	47	33	-	-	PUNCT
fbem-12559	47	34	end	end	NOUN
fbem-12559	47	35	funds	fund	NOUN
fbem-12559	47	36	as	as	ADP
fbem-12559	47	37	independent	independent	ADJ
fbem-12559	47	38	variables	variable	NOUN
fbem-12559	47	39	from	from	ADP
fbem-12559	47	40	march	march	PROPN
fbem-12559	47	41	4	4	NUM
fbem-12559	47	42	,	,	PUNCT
fbem-12559	47	43	2010	2010	NUM
fbem-12559	47	44	,	,	PUNCT
fbem-12559	47	45	to	to	ADP
fbem-12559	47	46	march	march	PROPN
fbem-12559	47	47	29	29	NUM
fbem-12559	47	48	,	,	PUNCT
fbem-12559	47	49	2019	2019	NUM
fbem-12559	47	50	.	.	PUNCT
fbem-12559	48	1	the	the	DET
fbem-12559	48	2	daily	daily	ADJ
fbem-12559	48	3	highest	high	ADJ
fbem-12559	48	4	value	value	NOUN
fbem-12559	48	5	of	of	ADP
fbem-12559	48	6	the	the	DET
fbem-12559	48	7	shanghai	shanghai	PROPN
fbem-12559	48	8	stock	stock	PROPN
fbem-12559	48	9	exchange	exchange	PROPN
fbem-12559	48	10	composite	composite	ADJ
fbem-12559	48	11	index	index	NOUN
fbem-12559	48	12	from	from	ADP
fbem-12559	48	13	march	march	PROPN
fbem-12559	48	14	4	4	NUM
fbem-12559	48	15	,	,	PUNCT
fbem-12559	48	16	2010	2010	NUM
fbem-12559	48	17	,	,	PUNCT
fbem-12559	48	18	to	to	ADP
fbem-12559	48	19	march	march	PROPN
fbem-12559	48	20	29	29	NUM
fbem-12559	48	21	,	,	PUNCT
fbem-12559	48	22	2019	2019	NUM
fbem-12559	48	23	,	,	PUNCT
fbem-12559	48	24	is	be	AUX
fbem-12559	48	25	used	use	VERB
fbem-12559	48	26	as	as	ADP
fbem-12559	48	27	the	the	DET
fbem-12559	48	28	dependent	dependent	ADJ
fbem-12559	48	29	variable	variable	NOUN
fbem-12559	48	30	.	.	PUNCT
fbem-12559	49	1	in	in	ADP
fbem-12559	49	2	this	this	DET
fbem-12559	49	3	analysis	analysis	NOUN
fbem-12559	49	4	,	,	PUNCT
fbem-12559	49	5	x	x	PRON
fbem-12559	49	6	represents	represent	VERB
fbem-12559	49	7	the	the	DET
fbem-12559	49	8	weighted	weight	VERB
fbem-12559	49	9	turnover	turnover	NOUN
fbem-12559	49	10	rate	rate	NOUN
fbem-12559	49	11	of	of	ADP
fbem-12559	49	12	the	the	DET
fbem-12559	49	13	shanghai	shanghai	PROPN
fbem-12559	49	14	stock	stock	PROPN
fbem-12559	49	15	exchange	exchange	PROPN
fbem-12559	49	16	composite	composite	ADJ
fbem-12559	49	17	index	index	NOUN
fbem-12559	49	18	,	,	PUNCT
fbem-12559	49	19	x2	x2	PRON
fbem-12559	49	20	represents	represent	VERB
fbem-12559	49	21	the	the	DET
fbem-12559	49	22	trading	trading	NOUN
fbem-12559	49	23	amount	amount	NOUN
fbem-12559	49	24	of	of	ADP
fbem-12559	49	25	closedend	closedend	NOUN
fbem-12559	49	26	funds	fund	NOUN
fbem-12559	49	27	,	,	PUNCT
fbem-12559	49	28	and	and	CCONJ
fbem-12559	49	29	y	y	PROPN
fbem-12559	49	30	represents	represent	VERB
fbem-12559	49	31	the	the	DET
fbem-12559	49	32	daily	daily	ADJ
fbem-12559	49	33	highest	high	ADJ
fbem-12559	49	34	value	value	NOUN
fbem-12559	49	35	of	of	ADP
fbem-12559	49	36	the	the	DET
fbem-12559	49	37	shanghai	shanghai	PROPN
fbem-12559	49	38	stock	stock	PROPN
fbem-12559	49	39	exchange	exchange	PROPN
fbem-12559	49	40	index	index	NOUN
fbem-12559	49	41	.	.	PUNCT
fbem-12559	50	1	firstly	firstly	ADV
fbem-12559	50	2	,	,	PUNCT
fbem-12559	50	3	a	a	DET
fbem-12559	50	4	correlation	correlation	NOUN
fbem-12559	50	5	analysis	analysis	NOUN
fbem-12559	50	6	is	be	AUX
fbem-12559	50	7	conducted	conduct	VERB
fbem-12559	50	8	,	,	PUNCT
fbem-12559	50	9	with	with	SCONJ
fbem-12559	50	10	the	the	DET
fbem-12559	50	11	following	follow	VERB
fbem-12559	50	12	results	result	NOUN
fbem-12559	50	13	:	:	PUNCT
fbem-12559	50	14	table	table	NOUN
fbem-12559	50	15	1	1	NUM
fbem-12559	50	16	.	.	PUNCT
fbem-12559	50	17	correlation	correlation	NOUN
fbem-12559	50	18	among	among	ADP
fbem-12559	50	19	the	the	DET
fbem-12559	50	20	three	three	NUM
fbem-12559	50	21	variables	variable	NOUN
fbem-12559	50	22	x	x	PUNCT
fbem-12559	50	23	y	y	NOUN
fbem-12559	50	24	x2	x2	NOUN
fbem-12559	50	25	x	x	PROPN
fbem-12559	51	1	1.000000	1.000000	NUM
fbem-12559	51	2	0.634784	0.634784	NUM
fbem-12559	51	3	-0.125840	-0.125840	NOUN
fbem-12559	52	1	y	y	PROPN
fbem-12559	52	2	0.634784	0.634784	NUM
fbem-12559	52	3	1.000000	1.000000	NUM
fbem-12559	52	4	-0.183982	-0.183982	NOUN
fbem-12559	52	5	x2	x2	PROPN
fbem-12559	52	6	-0.125840	-0.125840	PROPN
fbem-12559	52	7	-0.183982	-0.183982	PROPN
fbem-12559	52	8	1.000000	1.000000	NUM
fbem-12559	52	9	table	table	NOUN
fbem-12559	52	10	2	2	NUM
fbem-12559	52	11	.	.	PUNCT
fbem-12559	52	12	descriptive	descriptive	ADJ
fbem-12559	52	13	statistics	statistic	NOUN
fbem-12559	52	14	of	of	ADP
fbem-12559	52	15	the	the	DET
fbem-12559	52	16	three	three	NUM
fbem-12559	52	17	variables	variable	NOUN
fbem-12559	52	18	count	count	NOUN
fbem-12559	52	19	mean	mean	VERB
fbem-12559	52	20	std	std	NOUN
fbem-12559	52	21	min	min	NOUN
fbem-12559	52	22	50	50	NUM
fbem-12559	52	23	%	%	NOUN
fbem-12559	52	24	75	75	NUM
fbem-12559	52	25	%	%	NOUN
fbem-12559	52	26	max	max	PROPN
fbem-12559	52	27	x	x	PROPN
fbem-12559	52	28	2245	2245	NUM
fbem-12559	52	29	2.037633	2.037633	NUM
fbem-12559	52	30	1.403871	1.403871	NUM
fbem-12559	52	31	0.59	0.59	NUM
fbem-12559	52	32	1.61	1.61	NUM
fbem-12559	52	33	2.23	2.23	NUM
fbem-12559	52	34	10.39	10.39	NUM
fbem-12559	52	35	y	y	PROPN
fbem-12559	52	36	2245	2245	NUM
fbem-12559	52	37	2806.55149	2806.55149	NUM
fbem-12559	52	38	556.795349	556.795349	NUM
fbem-12559	52	39	1959.158	1959.158	NUM
fbem-12559	52	40	2815.79	2815.79	NUM
fbem-12559	52	41	3159.019	3159.019	NUM
fbem-12559	52	42	5178.191	5178.191	NUM
fbem-12559	53	1	x2	x2	NOUN
fbem-12559	53	2	2245	2245	NUM
fbem-12559	53	3	1.102847	1.102847	NUM
fbem-12559	53	4	1.165185	1.165185	NUM
fbem-12559	53	5	0.04726	0.04726	NUM
fbem-12559	53	6	0.702528	0.702528	NUM
fbem-12559	53	7	1.303312	1.303312	NUM
fbem-12559	53	8	10.770862	10.770862	NUM
fbem-12559	53	9	table	table	NOUN
fbem-12559	53	10	3	3	NUM
fbem-12559	53	11	.	.	PUNCT
fbem-12559	53	12	ols	ol	NOUN
fbem-12559	53	13	regression	regression	NOUN
fbem-12559	53	14	results	result	VERB
fbem-12559	53	15	y	y	PROPN
fbem-12559	53	16	r	r	NOUN
fbem-12559	53	17	-	-	PUNCT
fbem-12559	53	18	squared	squared	ADJ
fbem-12559	53	19	:	:	PUNCT
fbem-12559	53	20	0.414	0.414	NUM
fbem-12559	53	21	model	model	NOUN
fbem-12559	53	22	:	:	PUNCT
fbem-12559	53	23	ols	ols	PROPN
fbem-12559	53	24	adj	adj	PROPN
fbem-12559	53	25	.	.	PUNCT
fbem-12559	54	1	r	r	X
fbem-12559	54	2	-	-	PUNCT
fbem-12559	54	3	squared	squared	ADJ
fbem-12559	54	4	:	:	PUNCT
fbem-12559	54	5	0.413	0.413	NUM
fbem-12559	54	6	method	method	NOUN
fbem-12559	54	7	:	:	PUNCT
fbem-12559	54	8	least	least	ADJ
fbem-12559	54	9	squares	square	NOUN
fbem-12559	54	10	f	f	X
fbem-12559	54	11	-	-	PUNCT
fbem-12559	54	12	statistic	statistic	NOUN
fbem-12559	54	13	:	:	PUNCT
fbem-12559	54	14	791.8	791.8	NUM
fbem-12559	54	15	date	date	NOUN
fbem-12559	54	16	:	:	PUNCT
fbem-12559	54	17	sat	sit	VERB
fbem-12559	54	18	,	,	PUNCT
fbem-12559	54	19	18	18	NUM
fbem-12559	54	20	dec	dec	PROPN
fbem-12559	54	21	2021	2021	NUM
fbem-12559	54	22	prob	prob	NOUN
fbem-12559	54	23	(	(	PUNCT
fbem-12559	54	24	f	f	X
fbem-12559	54	25	-	-	PUNCT
fbem-12559	54	26	statistic	statistic	NOUN
fbem-12559	54	27	):	):	PUNCT
fbem-12559	54	28	6.99e-261	6.99e-261	NUM
fbem-12559	54	29	time	time	NOUN
fbem-12559	54	30	:	:	PUNCT
fbem-12559	54	31	22:41:15	22:41:15	NUM
fbem-12559	54	32	log	log	NOUN
fbem-12559	54	33	-	-	PUNCT
fbem-12559	54	34	likelihood	likelihood	NOUN
fbem-12559	54	35	:	:	PUNCT
fbem-12559	55	1	-16779	-16779	ADJ
fbem-12559	55	2	.	.	PUNCT
fbem-12559	55	3	no	no	INTJ
fbem-12559	55	4	.	.	PUNCT
fbem-12559	56	1	observations	observation	NOUN
fbem-12559	56	2	:	:	PUNCT
fbem-12559	56	3	2245	2245	NUM
fbem-12559	56	4	aic	aic	PROPN
fbem-12559	56	5	:	:	PUNCT
fbem-12559	56	6	3.356e+04	3.356e+04	NUM
fbem-12559	56	7	df	df	PROPN
fbem-12559	56	8	residuals	residual	NOUN
fbem-12559	56	9	:	:	PUNCT
fbem-12559	56	10	2242	2242	NUM
fbem-12559	56	11	bic	bic	NOUN
fbem-12559	56	12	:	:	PUNCT
fbem-12559	56	13	3.358e+04	3.358e+04	NUM
fbem-12559	56	14	df	df	PROPN
fbem-12559	56	15	model	model	NOUN
fbem-12559	56	16	:	:	PUNCT
fbem-12559	56	17	2	2	NUM
fbem-12559	56	18	covariance	covariance	NOUN
fbem-12559	56	19	type	type	NOUN
fbem-12559	56	20	:	:	PUNCT
fbem-12559	56	21	nonrobust	nonrobust	ADJ
fbem-12559	56	22	coef	coef	PROPN
fbem-12559	56	23	std	std	PROPN
fbem-12559	56	24	err	err	PROPN
fbem-12559	56	25	t	t	X
fbem-12559	56	26	p>|t|	p>|t|	PROPN
fbem-12559	57	1	[	[	X
fbem-12559	57	2	0.025	0.025	NUM
fbem-12559	57	3	0.975	0.975	NUM
fbem-12559	57	4	]	]	PUNCT
fbem-12559	57	5	const	const	PROPN
fbem-12559	57	6	2360.0495	2360.0495	PROPN
fbem-12559	57	7	18.887	18.887	NUM
fbem-12559	57	8	124.959	124.959	NUM
fbem-12559	57	9	0.000	0.000	NUM
fbem-12559	57	10	2323.013	2323.013	NUM
fbem-12559	58	1	2397.086	2397.086	NUM
fbem-12559	58	2	x	x	SYM
fbem-12559	58	3	246.4852	246.4852	NUM
fbem-12559	58	4	6.464	6.464	NUM
fbem-12559	58	5	38.134	38.134	NUM
fbem-12559	58	6	0.000	0.000	NUM
fbem-12559	58	7	233.810	233.810	NUM
fbem-12559	58	8	259.161	259.161	NUM
fbem-12559	58	9	x2	x2	PROPN
fbem-12559	58	10	-50.5458	-50.5458	PUNCT
fbem-12559	58	11	7.788	7.788	NUM
fbem-12559	58	12	-6.490	-6.490	SYM
fbem-12559	58	13	0.000	0.000	NUM
fbem-12559	58	14	-65.818	-65.818	NUM
fbem-12559	58	15	-35.274	-35.274	NOUN
fbem-12559	58	16	omnibus	omnibus	NOUN
fbem-12559	58	17	:	:	PUNCT
fbem-12559	58	18	83.238	83.238	NUM
fbem-12559	58	19	durbin	durbin	ADJ
fbem-12559	58	20	-	-	PUNCT
fbem-12559	58	21	watson	watson	NOUN
fbem-12559	58	22	:	:	PUNCT
fbem-12559	58	23	0.058	0.058	NUM
fbem-12559	58	24	prob(omnibus	prob(omnibus	NOUN
fbem-12559	58	25	):	):	PUNCT
fbem-12559	58	26	0.000	0.000	NUM
fbem-12559	58	27	jarque	jarque	NOUN
fbem-12559	58	28	-	-	PUNCT
fbem-12559	58	29	bera	bera	NOUN
fbem-12559	58	30	(	(	PUNCT
fbem-12559	58	31	jb	jb	PROPN
fbem-12559	58	32	):	):	PUNCT
fbem-12559	58	33	37.233	37.233	NUM
fbem-12559	58	34	skew	skew	NOUN
fbem-12559	58	35	:	:	PUNCT
fbem-12559	58	36	0.000	0.000	NUM
fbem-12559	58	37	prob(jb	prob(jb	ADJ
fbem-12559	58	38	):	):	PUNCT
fbem-12559	58	39	8.22e-09	8.22e-09	NUM
fbem-12559	58	40	kurtosis	kurtosis	NOUN
fbem-12559	58	41	:	:	PUNCT
fbem-12559	58	42	2.369	2.369	NUM
fbem-12559	58	43	cond	cond	NOUN
fbem-12559	58	44	.	.	PUNCT
fbem-12559	59	1	no	no	INTJ
fbem-12559	59	2	.	.	NOUN
fbem-12559	60	1	6.22	6.22	NUM
fbem-12559	60	2	63	63	NUM
fbem-12559	60	3	based	base	VERB
fbem-12559	60	4	on	on	ADP
fbem-12559	60	5	the	the	DET
fbem-12559	60	6	results	result	NOUN
fbem-12559	60	7	of	of	ADP
fbem-12559	60	8	the	the	DET
fbem-12559	60	9	correlation	correlation	NOUN
fbem-12559	60	10	analysis	analysis	NOUN
fbem-12559	60	11	,	,	PUNCT
fbem-12559	60	12	it	it	PRON
fbem-12559	60	13	can	can	AUX
fbem-12559	60	14	be	be	AUX
fbem-12559	60	15	observed	observe	VERB
fbem-12559	60	16	that	that	SCONJ
fbem-12559	60	17	x2	x2	PRON
fbem-12559	60	18	has	have	VERB
fbem-12559	60	19	a	a	DET
fbem-12559	60	20	weak	weak	ADJ
fbem-12559	60	21	negative	negative	ADJ
fbem-12559	60	22	correlation	correlation	NOUN
fbem-12559	60	23	with	with	ADP
fbem-12559	60	24	y	y	PROPN
fbem-12559	60	25	,	,	PUNCT
fbem-12559	60	26	while	while	SCONJ
fbem-12559	60	27	x	x	PRON
fbem-12559	60	28	has	have	VERB
fbem-12559	60	29	a	a	DET
fbem-12559	60	30	strong	strong	ADJ
fbem-12559	60	31	positive	positive	ADJ
fbem-12559	60	32	correlation	correlation	NOUN
fbem-12559	60	33	with	with	ADP
fbem-12559	60	34	y	y	PROPN
fbem-12559	60	35	,	,	PUNCT
fbem-12559	60	36	indicating	indicate	VERB
fbem-12559	60	37	that	that	SCONJ
fbem-12559	60	38	x	x	PROPN
fbem-12559	60	39	and	and	CCONJ
fbem-12559	60	40	y	y	PROPN
fbem-12559	60	41	can	can	AUX
fbem-12559	60	42	be	be	AUX
fbem-12559	60	43	further	far	ADV
fbem-12559	60	44	analyzed	analyze	VERB
fbem-12559	60	45	through	through	ADP
fbem-12559	60	46	regression	regression	NOUN
fbem-12559	60	47	analysis	analysis	NOUN
fbem-12559	60	48	.	.	PUNCT
fbem-12559	61	1	next	next	ADV
fbem-12559	61	2	,	,	PUNCT
fbem-12559	61	3	regression	regression	VERB
fbem-12559	61	4	analysis	analysis	NOUN
fbem-12559	61	5	was	be	AUX
fbem-12559	61	6	conducted	conduct	VERB
fbem-12559	61	7	using	use	VERB
fbem-12559	61	8	python	python	NOUN
fbem-12559	61	9	,	,	PUNCT
fbem-12559	61	10	and	and	CCONJ
fbem-12559	61	11	the	the	DET
fbem-12559	61	12	results	result	NOUN
fbem-12559	61	13	are	be	AUX
fbem-12559	61	14	as	as	ADP
fbem-12559	61	15	table	table	NOUN
fbem-12559	61	16	3	3	NUM
fbem-12559	61	17	.	.	PUNCT
fbem-12559	62	1	according	accord	VERB
fbem-12559	62	2	to	to	ADP
fbem-12559	62	3	the	the	DET
fbem-12559	62	4	regression	regression	NOUN
fbem-12559	62	5	results	result	NOUN
fbem-12559	62	6	,	,	PUNCT
fbem-12559	62	7	the	the	DET
fbem-12559	62	8	t	t	PROPN
fbem-12559	62	9	-	-	PUNCT
fbem-12559	62	10	statistic	statistic	NOUN
fbem-12559	62	11	's	's	PART
fbem-12559	62	12	p	p	NOUN
fbem-12559	62	13	-	-	PUNCT
fbem-12559	62	14	values	value	NOUN
fbem-12559	62	15	for	for	ADP
fbem-12559	62	16	the	the	DET
fbem-12559	62	17	daily	daily	ADJ
fbem-12559	62	18	turnover	turnover	NOUN
fbem-12559	62	19	rate	rate	NOUN
fbem-12559	62	20	of	of	ADP
fbem-12559	62	21	the	the	DET
fbem-12559	62	22	shanghai	shanghai	PROPN
fbem-12559	62	23	stock	stock	PROPN
fbem-12559	62	24	exchange	exchange	PROPN
fbem-12559	62	25	index	index	NOUN
fbem-12559	62	26	and	and	CCONJ
fbem-12559	62	27	the	the	DET
fbem-12559	62	28	daily	daily	ADJ
fbem-12559	62	29	trading	trading	NOUN
fbem-12559	62	30	amount	amount	NOUN
fbem-12559	62	31	of	of	ADP
fbem-12559	62	32	closed	closed	ADJ
fbem-12559	62	33	-	-	PUNCT
fbem-12559	62	34	end	end	NOUN
fbem-12559	62	35	funds	fund	NOUN
fbem-12559	62	36	are	be	AUX
fbem-12559	62	37	both	both	ADV
fbem-12559	62	38	less	less	ADJ
fbem-12559	62	39	than	than	ADP
fbem-12559	62	40	the	the	DET
fbem-12559	62	41	significance	significance	NOUN
fbem-12559	62	42	level	level	NOUN
fbem-12559	62	43	of	of	ADP
fbem-12559	62	44	0.01	0.01	NUM
fbem-12559	62	45	.	.	PUNCT
fbem-12559	63	1	the	the	DET
fbem-12559	63	2	p	p	NOUN
fbem-12559	63	3	-	-	PUNCT
fbem-12559	63	4	value	value	NOUN
fbem-12559	63	5	of	of	ADP
fbem-12559	63	6	the	the	DET
fbem-12559	63	7	f	f	NOUN
fbem-12559	63	8	-	-	PUNCT
fbem-12559	63	9	statistic	statistic	NOUN
fbem-12559	63	10	is	be	AUX
fbem-12559	63	11	also	also	ADV
fbem-12559	63	12	significantly	significantly	ADV
fbem-12559	63	13	less	less	ADJ
fbem-12559	63	14	than	than	ADP
fbem-12559	63	15	0.01	0.01	NUM
fbem-12559	63	16	,	,	PUNCT
fbem-12559	63	17	indicating	indicate	VERB
fbem-12559	63	18	that	that	SCONJ
fbem-12559	63	19	the	the	DET
fbem-12559	63	20	linear	linear	ADJ
fbem-12559	63	21	equation	equation	NOUN
fbem-12559	63	22	passes	pass	VERB
fbem-12559	63	23	the	the	DET
fbem-12559	63	24	significance	significance	NOUN
fbem-12559	63	25	test	test	NOUN
fbem-12559	63	26	.	.	PUNCT
fbem-12559	64	1	both	both	DET
fbem-12559	64	2	x	x	X
fbem-12559	64	3	(	(	PUNCT
fbem-12559	64	4	daily	daily	ADJ
fbem-12559	64	5	turnover	turnover	NOUN
fbem-12559	64	6	rate	rate	NOUN
fbem-12559	64	7	)	)	PUNCT
fbem-12559	64	8	and	and	CCONJ
fbem-12559	64	9	x2	x2	INTJ
fbem-12559	64	10	(	(	PUNCT
fbem-12559	64	11	daily	daily	ADJ
fbem-12559	64	12	trading	trading	NOUN
fbem-12559	64	13	amount	amount	NOUN
fbem-12559	64	14	of	of	ADP
fbem-12559	64	15	closedend	closedend	NOUN
fbem-12559	64	16	funds	fund	NOUN
fbem-12559	64	17	)	)	PUNCT
fbem-12559	64	18	are	be	AUX
fbem-12559	64	19	significant	significant	ADJ
fbem-12559	64	20	and	and	CCONJ
fbem-12559	64	21	not	not	PART
fbem-12559	64	22	equal	equal	ADJ
fbem-12559	64	23	to	to	ADP
fbem-12559	64	24	zero	zero	NUM
fbem-12559	64	25	.	.	PUNCT
fbem-12559	65	1	therefore	therefore	ADV
fbem-12559	65	2	,	,	PUNCT
fbem-12559	65	3	the	the	DET
fbem-12559	65	4	daily	daily	ADJ
fbem-12559	65	5	turnover	turnover	NOUN
fbem-12559	65	6	rate	rate	NOUN
fbem-12559	65	7	of	of	ADP
fbem-12559	65	8	the	the	DET
fbem-12559	65	9	shanghai	shanghai	PROPN
fbem-12559	65	10	stock	stock	PROPN
fbem-12559	65	11	exchange	exchange	PROPN
fbem-12559	65	12	index	index	NOUN
fbem-12559	65	13	has	have	VERB
fbem-12559	65	14	a	a	DET
fbem-12559	65	15	positive	positive	ADJ
fbem-12559	65	16	impact	impact	NOUN
fbem-12559	65	17	on	on	ADP
fbem-12559	65	18	the	the	DET
fbem-12559	65	19	index	index	NOUN
fbem-12559	65	20	,	,	PUNCT
fbem-12559	65	21	while	while	SCONJ
fbem-12559	65	22	the	the	DET
fbem-12559	65	23	trading	trading	NOUN
fbem-12559	65	24	amount	amount	NOUN
fbem-12559	65	25	of	of	ADP
fbem-12559	65	26	closed	closed	ADJ
fbem-12559	65	27	-	-	PUNCT
fbem-12559	65	28	end	end	NOUN
fbem-12559	65	29	funds	fund	NOUN
fbem-12559	65	30	has	have	VERB
fbem-12559	65	31	a	a	DET
fbem-12559	65	32	negative	negative	ADJ
fbem-12559	65	33	impact	impact	NOUN
fbem-12559	65	34	.	.	PUNCT
fbem-12559	66	1	the	the	DET
fbem-12559	66	2	r	r	NOUN
fbem-12559	66	3	-	-	PUNCT
fbem-12559	66	4	squared	square	VERB
fbem-12559	66	5	value	value	NOUN
fbem-12559	66	6	is	be	AUX
fbem-12559	66	7	0.413	0.413	NUM
fbem-12559	66	8	,	,	PUNCT
fbem-12559	66	9	indicating	indicate	VERB
fbem-12559	66	10	a	a	DET
fbem-12559	66	11	good	good	ADJ
fbem-12559	66	12	fit	fit	NOUN
fbem-12559	66	13	,	,	PUNCT
fbem-12559	66	14	which	which	PRON
fbem-12559	66	15	means	mean	VERB
fbem-12559	66	16	that	that	SCONJ
fbem-12559	66	17	the	the	DET
fbem-12559	66	18	daily	daily	ADJ
fbem-12559	66	19	turnover	turnover	NOUN
fbem-12559	66	20	rate	rate	NOUN
fbem-12559	66	21	and	and	CCONJ
fbem-12559	66	22	trading	trading	NOUN
fbem-12559	66	23	amount	amount	NOUN
fbem-12559	66	24	of	of	ADP
fbem-12559	66	25	closed	closed	ADJ
fbem-12559	66	26	-	-	PUNCT
fbem-12559	66	27	end	end	NOUN
fbem-12559	66	28	funds	fund	NOUN
fbem-12559	66	29	can	can	AUX
fbem-12559	66	30	explain	explain	VERB
fbem-12559	66	31	41.3	41.3	NUM
fbem-12559	66	32	%	%	NOUN
fbem-12559	66	33	of	of	ADP
fbem-12559	66	34	the	the	DET
fbem-12559	66	35	index	index	NOUN
fbem-12559	66	36	's	's	PART
fbem-12559	66	37	volatility	volatility	NOUN
fbem-12559	66	38	.	.	PUNCT
fbem-12559	67	1	the	the	DET
fbem-12559	67	2	trading	trading	NOUN
fbem-12559	67	3	amount	amount	NOUN
fbem-12559	67	4	of	of	ADP
fbem-12559	67	5	closed	closed	ADJ
fbem-12559	67	6	-	-	PUNCT
fbem-12559	67	7	end	end	NOUN
fbem-12559	67	8	funds	fund	NOUN
fbem-12559	67	9	can	can	AUX
fbem-12559	67	10	be	be	AUX
fbem-12559	67	11	seen	see	VERB
fbem-12559	67	12	as	as	ADP
fbem-12559	67	13	an	an	DET
fbem-12559	67	14	expectation	expectation	NOUN
fbem-12559	67	15	of	of	ADP
fbem-12559	67	16	future	future	ADJ
fbem-12559	67	17	stock	stock	NOUN
fbem-12559	67	18	prices	price	NOUN
fbem-12559	67	19	.	.	PUNCT
fbem-12559	68	1	when	when	SCONJ
fbem-12559	68	2	investors	investor	NOUN
fbem-12559	68	3	expect	expect	VERB
fbem-12559	68	4	stock	stock	NOUN
fbem-12559	68	5	prices	price	NOUN
fbem-12559	68	6	to	to	PART
fbem-12559	68	7	decrease	decrease	VERB
fbem-12559	68	8	,	,	PUNCT
fbem-12559	68	9	the	the	DET
fbem-12559	68	10	trading	trading	NOUN
fbem-12559	68	11	amount	amount	NOUN
fbem-12559	68	12	of	of	ADP
fbem-12559	68	13	closed	closed	ADJ
fbem-12559	68	14	-	-	PUNCT
fbem-12559	68	15	end	end	NOUN
fbem-12559	68	16	funds	fund	NOUN
fbem-12559	68	17	increases	increase	NOUN
fbem-12559	68	18	,	,	PUNCT
fbem-12559	68	19	and	and	CCONJ
fbem-12559	68	20	vice	vice	ADV
fbem-12559	68	21	versa	versa	ADV
fbem-12559	68	22	.	.	PUNCT
fbem-12559	69	1	from	from	ADP
fbem-12559	69	2	the	the	DET
fbem-12559	69	3	regression	regression	NOUN
fbem-12559	69	4	results	result	NOUN
fbem-12559	69	5	,	,	PUNCT
fbem-12559	69	6	it	it	PRON
fbem-12559	69	7	can	can	AUX
fbem-12559	69	8	be	be	AUX
fbem-12559	69	9	concluded	conclude	VERB
fbem-12559	69	10	that	that	SCONJ
fbem-12559	69	11	the	the	DET
fbem-12559	69	12	results	result	NOUN
fbem-12559	69	13	are	be	AUX
fbem-12559	69	14	consistent	consistent	ADJ
fbem-12559	69	15	with	with	ADP
fbem-12559	69	16	the	the	DET
fbem-12559	69	17	theory	theory	NOUN
fbem-12559	69	18	.	.	PUNCT
fbem-12559	70	1	for	for	ADP
fbem-12559	70	2	every	every	DET
fbem-12559	70	3	unit	unit	NOUN
fbem-12559	70	4	change	change	NOUN
fbem-12559	70	5	in	in	ADP
fbem-12559	70	6	the	the	DET
fbem-12559	70	7	trading	trading	NOUN
fbem-12559	70	8	amount	amount	NOUN
fbem-12559	70	9	of	of	ADP
fbem-12559	70	10	closed	closed	ADJ
fbem-12559	70	11	-	-	PUNCT
fbem-12559	70	12	end	end	NOUN
fbem-12559	70	13	funds	fund	NOUN
fbem-12559	70	14	,	,	PUNCT
fbem-12559	70	15	the	the	DET
fbem-12559	70	16	stock	stock	NOUN
fbem-12559	70	17	price	price	NOUN
fbem-12559	70	18	index	index	NOUN
fbem-12559	70	19	will	will	AUX
fbem-12559	70	20	change	change	VERB
fbem-12559	70	21	in	in	ADP
fbem-12559	70	22	the	the	DET
fbem-12559	70	23	opposite	opposite	ADJ
fbem-12559	70	24	direction	direction	NOUN
fbem-12559	70	25	by	by	ADP
fbem-12559	70	26	50	50	NUM
fbem-12559	70	27	units	unit	NOUN
fbem-12559	70	28	.	.	PUNCT
fbem-12559	71	1	this	this	PRON
fbem-12559	71	2	implies	imply	VERB
fbem-12559	71	3	that	that	SCONJ
fbem-12559	71	4	investor	investor	NOUN
fbem-12559	71	5	sentiment	sentiment	NOUN
fbem-12559	71	6	significantly	significantly	ADV
fbem-12559	71	7	affects	affect	VERB
fbem-12559	71	8	asset	asset	NOUN
fbem-12559	71	9	prices	price	NOUN
fbem-12559	71	10	.	.	PUNCT
fbem-12559	72	1	when	when	SCONJ
fbem-12559	72	2	investor	investor	NOUN
fbem-12559	72	3	sentiment	sentiment	NOUN
fbem-12559	72	4	is	be	AUX
fbem-12559	72	5	high	high	ADJ
fbem-12559	72	6	,	,	PUNCT
fbem-12559	72	7	indicated	indicate	VERB
fbem-12559	72	8	by	by	ADP
fbem-12559	72	9	an	an	DET
fbem-12559	72	10	increase	increase	NOUN
fbem-12559	72	11	in	in	ADP
fbem-12559	72	12	turnover	turnover	NOUN
fbem-12559	72	13	rate	rate	NOUN
fbem-12559	72	14	,	,	PUNCT
fbem-12559	72	15	stock	stock	NOUN
fbem-12559	72	16	prices	price	NOUN
fbem-12559	72	17	also	also	ADV
fbem-12559	72	18	rise	rise	VERB
fbem-12559	72	19	.	.	PUNCT
fbem-12559	73	1	for	for	ADP
fbem-12559	73	2	every	every	DET
fbem-12559	73	3	unit	unit	NOUN
fbem-12559	73	4	change	change	NOUN
fbem-12559	73	5	in	in	ADP
fbem-12559	73	6	the	the	DET
fbem-12559	73	7	turnover	turnover	NOUN
fbem-12559	73	8	rate	rate	NOUN
fbem-12559	73	9	,	,	PUNCT
fbem-12559	73	10	the	the	DET
fbem-12559	73	11	shanghai	shanghai	PROPN
fbem-12559	73	12	stock	stock	PROPN
fbem-12559	73	13	exchange	exchange	PROPN
fbem-12559	73	14	index	index	NOUN
fbem-12559	73	15	will	will	AUX
fbem-12559	73	16	change	change	VERB
fbem-12559	73	17	in	in	ADP
fbem-12559	73	18	the	the	DET
fbem-12559	73	19	same	same	ADJ
fbem-12559	73	20	direction	direction	NOUN
fbem-12559	73	21	by	by	ADP
fbem-12559	73	22	246	246	NUM
fbem-12559	73	23	units	unit	NOUN
fbem-12559	73	24	.	.	PUNCT
fbem-12559	74	1	however	however	ADV
fbem-12559	74	2	,	,	PUNCT
fbem-12559	74	3	there	there	PRON
fbem-12559	74	4	may	may	AUX
fbem-12559	74	5	be	be	AUX
fbem-12559	74	6	a	a	DET
fbem-12559	74	7	mutually	mutually	ADV
fbem-12559	74	8	causal	causal	ADJ
fbem-12559	74	9	relationship	relationship	NOUN
fbem-12559	74	10	,	,	PUNCT
fbem-12559	74	11	where	where	SCONJ
fbem-12559	74	12	an	an	DET
fbem-12559	74	13	increase	increase	NOUN
fbem-12559	74	14	in	in	ADP
fbem-12559	74	15	stock	stock	NOUN
fbem-12559	74	16	prices	price	NOUN
fbem-12559	74	17	can	can	AUX
fbem-12559	74	18	induce	induce	VERB
fbem-12559	74	19	high	high	ADJ
fbem-12559	74	20	investor	investor	NOUN
fbem-12559	74	21	sentiment	sentiment	NOUN
fbem-12559	74	22	,	,	PUNCT
fbem-12559	74	23	leading	lead	VERB
fbem-12559	74	24	to	to	ADP
fbem-12559	74	25	further	further	ADJ
fbem-12559	74	26	increases	increase	NOUN
fbem-12559	74	27	in	in	ADP
fbem-12559	74	28	stock	stock	NOUN
fbem-12559	74	29	prices	price	NOUN
fbem-12559	74	30	.	.	PUNCT
fbem-12559	75	1	to	to	PART
fbem-12559	75	2	investigate	investigate	VERB
fbem-12559	75	3	this	this	PRON
fbem-12559	75	4	,	,	PUNCT
fbem-12559	75	5	a	a	DET
fbem-12559	75	6	regression	regression	NOUN
fbem-12559	75	7	analysis	analysis	NOUN
fbem-12559	75	8	was	be	AUX
fbem-12559	75	9	conducted	conduct	VERB
fbem-12559	75	10	with	with	ADP
fbem-12559	75	11	the	the	DET
fbem-12559	75	12	turnover	turnover	NOUN
fbem-12559	75	13	rate	rate	NOUN
fbem-12559	75	14	as	as	ADP
fbem-12559	75	15	the	the	DET
fbem-12559	75	16	dependent	dependent	ADJ
fbem-12559	75	17	variable	variable	NOUN
fbem-12559	75	18	and	and	CCONJ
fbem-12559	75	19	stock	stock	NOUN
fbem-12559	75	20	prices	price	NOUN
fbem-12559	75	21	as	as	ADP
fbem-12559	75	22	the	the	DET
fbem-12559	75	23	independent	independent	ADJ
fbem-12559	75	24	variable	variable	NOUN
fbem-12559	75	25	.	.	PUNCT
fbem-12559	76	1	the	the	DET
fbem-12559	76	2	results	result	NOUN
fbem-12559	76	3	are	be	AUX
fbem-12559	76	4	as	as	SCONJ
fbem-12559	76	5	follows	follow	VERB
fbem-12559	76	6	:	:	PUNCT
fbem-12559	76	7	table	table	NOUN
fbem-12559	76	8	4	4	NUM
fbem-12559	76	9	.	.	PUNCT
fbem-12559	77	1	regression	regression	NOUN
fbem-12559	77	2	results	result	NOUN
fbem-12559	77	3	f(1	f(1	PROPN
fbem-12559	77	4	,	,	PUNCT
fbem-12559	77	5	2243)=1513.81	2243)=1513.81	NUM
fbem-12559	77	6	model	model	NOUN
fbem-12559	77	7	1782.0899	1782.0899	PROPN
fbem-12559	77	8	1	1	NUM
fbem-12559	77	9	1782.0899	1782.0899	NUM
fbem-12559	77	10	prob	prob	PROPN
fbem-12559	77	11	>	>	X
fbem-12559	77	12	f=0.0000	f=0.0000	PROPN
fbem-12559	77	13	residual	residual	ADJ
fbem-12559	78	1	2640.50781	2640.50781	NUM
fbem-12559	78	2	2,243	2,243	NUM
fbem-12559	78	3	1.1772215	1.1772215	NUM
fbem-12559	78	4	r	r	NOUN
fbem-12559	78	5	-	-	PUNCT
fbem-12559	78	6	squared	square	VERB
fbem-12559	78	7	=	=	NOUN
fbem-12559	78	8	0.4030	0.4030	NUM
fbem-12559	78	9	adjr	adjr	NOUN
fbem-12559	78	10	-	-	PUNCT
fbem-12559	78	11	squared=0.4027	squared=0.4027	NOUN
fbem-12559	78	12	total	total	NOUN
fbem-12559	78	13	4422.59771	4422.59771	NUM
fbem-12559	78	14	2,244	2,244	NUM
fbem-12559	78	15	1.9708546	1.9708546	NUM
fbem-12559	78	16	root	root	NOUN
fbem-12559	78	17	mse=1.085	mse=1.085	NOUN
fbem-12559	78	18	source	source	NOUN
fbem-12559	78	19	ss	ss	PROPN
fbem-12559	78	20	df	df	PROPN
fbem-12559	78	21	ms	ms	NOUN
fbem-12559	78	22	number	number	NOUN
fbem-12559	78	23	of	of	ADP
fbem-12559	78	24	obs	obs	PROPN
fbem-12559	78	25	=	=	SYM
fbem-12559	78	26	2,245	2,245	NUM
fbem-12559	78	27	x	x	SYM
fbem-12559	78	28	coef	coef	PROPN
fbem-12559	78	29	std	std	PROPN
fbem-12559	78	30	.	.	PUNCT
fbem-12559	79	1	err	err	PROPN
fbem-12559	79	2	.	.	PUNCT
fbem-12559	80	1	t	t	PROPN
fbem-12559	80	2	p>|t|	p>|t|	PROPN
fbem-12559	81	1	[	[	X
fbem-12559	81	2	95	95	NUM
fbem-12559	81	3	%	%	NOUN
fbem-12559	81	4	conf.interval	conf.interval	NOUN
fbem-12559	81	5	]	]	X
fbem-12559	81	6	y	y	PROPN
fbem-12559	81	7	0.0016005	0.0016005	NUM
fbem-12559	82	1	0.0000411	0.0000411	NUM
fbem-12559	82	2	38.91	38.91	NUM
fbem-12559	82	3	0.000	0.000	NUM
fbem-12559	82	4	0.0015198	0.0015198	NUM
fbem-12559	83	1	0.0016812	0.0016812	NUM
fbem-12559	83	2	_	_	NOUN
fbem-12559	83	3	cons	con	NOUN
fbem-12559	83	4	-2.454274	-2.454274	NOUN
fbem-12559	83	5	0.1176994	0.1176994	NUM
fbem-12559	83	6	-20.85	-20.85	NOUN
fbem-12559	83	7	0.000	0.000	NUM
fbem-12559	83	8	-2.685085	-2.685085	NOUN
fbem-12559	83	9	-2.223463	-2.223463	NOUN
fbem-12559	83	10	based	base	VERB
fbem-12559	83	11	on	on	ADP
fbem-12559	83	12	table	table	NOUN
fbem-12559	83	13	4	4	NUM
fbem-12559	83	14	,	,	PUNCT
fbem-12559	83	15	it	it	PRON
fbem-12559	83	16	can	can	AUX
fbem-12559	83	17	be	be	AUX
fbem-12559	83	18	observed	observe	VERB
fbem-12559	83	19	that	that	SCONJ
fbem-12559	83	20	the	the	DET
fbem-12559	83	21	equation	equation	NOUN
fbem-12559	83	22	passes	pass	VERB
fbem-12559	83	23	the	the	DET
fbem-12559	83	24	significance	significance	NOUN
fbem-12559	83	25	test	test	NOUN
fbem-12559	83	26	with	with	ADP
fbem-12559	83	27	the	the	DET
fbem-12559	83	28	f	f	PROPN
fbem-12559	83	29	-	-	PUNCT
fbem-12559	83	30	statistic	statistic	NOUN
fbem-12559	83	31	's	's	PART
fbem-12559	83	32	p	p	NOUN
fbem-12559	83	33	-	-	PUNCT
fbem-12559	83	34	value	value	NOUN
fbem-12559	83	35	less	less	ADJ
fbem-12559	83	36	than	than	ADP
fbem-12559	83	37	0.01	0.01	NUM
fbem-12559	83	38	.	.	PUNCT
fbem-12559	84	1	the	the	DET
fbem-12559	84	2	t	t	PROPN
fbem-12559	84	3	-	-	PUNCT
fbem-12559	84	4	values	value	NOUN
fbem-12559	84	5	also	also	ADV
fbem-12559	84	6	pass	pass	VERB
fbem-12559	84	7	the	the	DET
fbem-12559	84	8	significance	significance	NOUN
fbem-12559	84	9	level	level	NOUN
fbem-12559	84	10	of	of	ADP
fbem-12559	84	11	0.01	0.01	NUM
fbem-12559	84	12	.	.	PUNCT
fbem-12559	85	1	the	the	DET
fbem-12559	85	2	r	r	NOUN
fbem-12559	85	3	-	-	PUNCT
fbem-12559	85	4	squared	square	VERB
fbem-12559	85	5	value	value	NOUN
fbem-12559	85	6	is	be	AUX
fbem-12559	85	7	0.40	0.40	NUM
fbem-12559	85	8	,	,	PUNCT
fbem-12559	85	9	indicating	indicate	VERB
fbem-12559	85	10	a	a	DET
fbem-12559	85	11	good	good	ADJ
fbem-12559	85	12	fit	fit	NOUN
fbem-12559	85	13	of	of	ADP
fbem-12559	85	14	the	the	DET
fbem-12559	85	15	equation	equation	NOUN
fbem-12559	85	16	.	.	PUNCT
fbem-12559	86	1	the	the	DET
fbem-12559	86	2	following	follow	VERB
fbem-12559	86	3	graph	graph	NOUN
fbem-12559	86	4	shows	show	VERB
fbem-12559	86	5	the	the	DET
fbem-12559	86	6	fitting	fitting	ADJ
fbem-12559	86	7	image	image	NOUN
fbem-12559	86	8	:	:	PUNCT
fbem-12559	86	9	figure	figure	NOUN
fbem-12559	86	10	1	1	NUM
fbem-12559	86	11	.	.	PUNCT
fbem-12559	86	12	fitting	fit	VERB
fbem-12559	86	13	image	image	NOUN
fbem-12559	86	14	through	through	ADP
fbem-12559	86	15	the	the	DET
fbem-12559	86	16	analysis	analysis	NOUN
fbem-12559	86	17	of	of	ADP
fbem-12559	86	18	figure	figure	NOUN
fbem-12559	86	19	1	1	NUM
fbem-12559	86	20	and	and	CCONJ
fbem-12559	86	21	the	the	DET
fbem-12559	86	22	regression	regression	NOUN
fbem-12559	86	23	results	result	VERB
fbem-12559	86	24	,	,	PUNCT
fbem-12559	86	25	it	it	PRON
fbem-12559	86	26	can	can	AUX
fbem-12559	86	27	be	be	AUX
fbem-12559	86	28	concluded	conclude	VERB
fbem-12559	86	29	that	that	SCONJ
fbem-12559	86	30	changes	change	NOUN
fbem-12559	86	31	in	in	ADP
fbem-12559	86	32	stock	stock	NOUN
fbem-12559	86	33	prices	price	NOUN
fbem-12559	86	34	can	can	AUX
fbem-12559	86	35	induce	induce	VERB
fbem-12559	86	36	speculative	speculative	ADJ
fbem-12559	86	37	demand	demand	NOUN
fbem-12559	86	38	,	,	PUNCT
fbem-12559	86	39	and	and	CCONJ
fbem-12559	86	40	speculative	speculative	ADJ
fbem-12559	86	41	demand	demand	NOUN
fbem-12559	86	42	can	can	AUX
fbem-12559	86	43	further	far	ADV
fbem-12559	86	44	contribute	contribute	VERB
fbem-12559	86	45	to	to	ADP
fbem-12559	86	46	changes	change	NOUN
fbem-12559	86	47	in	in	ADP
fbem-12559	86	48	investor	investor	NOUN
fbem-12559	86	49	sentiment	sentiment	NOUN
fbem-12559	86	50	,	,	PUNCT
fbem-12559	86	51	leading	lead	VERB
fbem-12559	86	52	to	to	ADP
fbem-12559	86	53	further	further	ADJ
fbem-12559	86	54	changes	change	NOUN
fbem-12559	86	55	in	in	ADP
fbem-12559	86	56	stock	stock	NOUN
fbem-12559	86	57	prices	price	NOUN
fbem-12559	86	58	.	.	PUNCT
fbem-12559	87	1	this	this	DET
fbem-12559	87	2	further	far	ADV
fbem-12559	87	3	explains	explain	VERB
fbem-12559	87	4	the	the	DET
fbem-12559	87	5	occurrence	occurrence	NOUN
fbem-12559	87	6	of	of	ADP
fbem-12559	87	7	financial	financial	ADJ
fbem-12559	87	8	anomalies	anomaly	NOUN
fbem-12559	87	9	in	in	ADP
fbem-12559	87	10	behavioral	behavioral	ADJ
fbem-12559	87	11	finance	finance	NOUN
fbem-12559	87	12	.	.	PUNCT
fbem-12559	88	1	irrational	irrational	ADJ
fbem-12559	88	2	behavior	behavior	NOUN
fbem-12559	88	3	by	by	ADP
fbem-12559	88	4	investors	investor	NOUN
fbem-12559	88	5	has	have	VERB
fbem-12559	88	6	a	a	DET
fbem-12559	88	7	significant	significant	ADJ
fbem-12559	88	8	impact	impact	NOUN
fbem-12559	88	9	on	on	ADP
fbem-12559	88	10	stock	stock	NOUN
fbem-12559	88	11	prices	price	NOUN
fbem-12559	88	12	.	.	PUNCT
fbem-12559	89	1	through	through	ADP
fbem-12559	89	2	empirical	empirical	ADJ
fbem-12559	89	3	verification	verification	NOUN
fbem-12559	89	4	,	,	PUNCT
fbem-12559	89	5	it	it	PRON
fbem-12559	89	6	has	have	AUX
fbem-12559	89	7	been	be	AUX
fbem-12559	89	8	confirmed	confirm	VERB
fbem-12559	89	9	that	that	SCONJ
fbem-12559	89	10	investor	investor	NOUN
fbem-12559	89	11	sentiment	sentiment	NOUN
fbem-12559	89	12	does	do	AUX
fbem-12559	89	13	indeed	indeed	ADV
fbem-12559	89	14	have	have	VERB
fbem-12559	89	15	a	a	DET
fbem-12559	89	16	significant	significant	ADJ
fbem-12559	89	17	impact	impact	NOUN
fbem-12559	89	18	on	on	ADP
fbem-12559	89	19	asset	asset	NOUN
fbem-12559	89	20	prices	price	NOUN
fbem-12559	89	21	.	.	PUNCT
fbem-12559	90	1	among	among	ADP
fbem-12559	90	2	them	they	PRON
fbem-12559	90	3	,	,	PUNCT
fbem-12559	90	4	the	the	DET
fbem-12559	90	5	turnover	turnover	NOUN
fbem-12559	90	6	rate	rate	NOUN
fbem-12559	90	7	has	have	VERB
fbem-12559	90	8	a	a	DET
fbem-12559	90	9	more	more	ADV
fbem-12559	90	10	profound	profound	ADJ
fbem-12559	90	11	impact	impact	NOUN
fbem-12559	90	12	on	on	ADP
fbem-12559	90	13	stock	stock	NOUN
fbem-12559	90	14	prices	price	NOUN
fbem-12559	90	15	,	,	PUNCT
fbem-12559	90	16	while	while	SCONJ
fbem-12559	90	17	the	the	DET
fbem-12559	90	18	trading	trading	NOUN
fbem-12559	90	19	amount	amount	NOUN
fbem-12559	90	20	of	of	ADP
fbem-12559	90	21	closed	closed	ADJ
fbem-12559	90	22	-	-	PUNCT
fbem-12559	90	23	end	end	NOUN
fbem-12559	90	24	funds	fund	NOUN
fbem-12559	90	25	has	have	VERB
fbem-12559	90	26	a	a	DET
fbem-12559	90	27	relatively	relatively	ADV
fbem-12559	90	28	smaller	small	ADJ
fbem-12559	90	29	impact	impact	NOUN
fbem-12559	90	30	.	.	PUNCT
fbem-12559	91	1	this	this	PRON
fbem-12559	91	2	can	can	AUX
fbem-12559	91	3	be	be	AUX
fbem-12559	91	4	attributed	attribute	VERB
fbem-12559	91	5	to	to	ADP
fbem-12559	91	6	the	the	DET
fbem-12559	91	7	fact	fact	NOUN
fbem-12559	91	8	that	that	SCONJ
fbem-12559	91	9	when	when	SCONJ
fbem-12559	91	10	investors	investor	NOUN
fbem-12559	91	11	invest	invest	VERB
fbem-12559	91	12	in	in	ADP
fbem-12559	91	13	assets	asset	NOUN
fbem-12559	91	14	and	and	CCONJ
fbem-12559	91	15	have	have	VERB
fbem-12559	91	16	low	low	ADJ
fbem-12559	91	17	expectations	expectation	NOUN
fbem-12559	91	18	for	for	ADP
fbem-12559	91	19	the	the	DET
fbem-12559	91	20	market	market	NOUN
fbem-12559	91	21	,	,	PUNCT
fbem-12559	91	22	funds	fund	NOUN
fbem-12559	91	23	can	can	AUX
fbem-12559	91	24	flow	flow	VERB
fbem-12559	91	25	not	not	PART
fbem-12559	91	26	just	just	ADV
fbem-12559	91	27	into	into	ADP
fbem-12559	91	28	closed	close	VERB
fbem-12559	91	29	-	-	PUNCT
fbem-12559	91	30	end	end	NOUN
fbem-12559	91	31	funds	fund	NOUN
fbem-12559	91	32	but	but	CCONJ
fbem-12559	91	33	also	also	ADV
fbem-12559	91	34	into	into	ADP
fbem-12559	91	35	other	other	ADJ
fbem-12559	91	36	investment	investment	NOUN
fbem-12559	91	37	products	product	NOUN
fbem-12559	91	38	such	such	ADJ
fbem-12559	91	39	as	as	ADP
fbem-12559	91	40	bonds	bond	NOUN
fbem-12559	91	41	and	and	CCONJ
fbem-12559	91	42	options	option	NOUN
fbem-12559	91	43	.	.	PUNCT
fbem-12559	92	1	additionally	additionally	ADV
fbem-12559	92	2	,	,	PUNCT
fbem-12559	92	3	closed	closed	ADJ
fbem-12559	92	4	-	-	PUNCT
fbem-12559	92	5	end	end	NOUN
fbem-12559	92	6	funds	fund	NOUN
fbem-12559	92	7	have	have	VERB
fbem-12559	92	8	the	the	DET
fbem-12559	92	9	characteristic	characteristic	NOUN
fbem-12559	92	10	of	of	ADP
fbem-12559	92	11	being	be	AUX
fbem-12559	92	12	non	non	ADJ
fbem-12559	92	13	-	-	ADJ
fbem-12559	92	14	tradable	tradable	ADJ
fbem-12559	92	15	during	during	ADP
fbem-12559	92	16	their	their	PRON
fbem-12559	92	17	closed	close	VERB
fbem-12559	92	18	periods	period	NOUN
fbem-12559	92	19	,	,	PUNCT
fbem-12559	92	20	which	which	PRON
fbem-12559	92	21	may	may	AUX
fbem-12559	92	22	limit	limit	VERB
fbem-12559	92	23	their	their	PRON
fbem-12559	92	24	profound	profound	ADJ
fbem-12559	92	25	impact	impact	NOUN
fbem-12559	92	26	on	on	ADP
fbem-12559	92	27	64	64	NUM
fbem-12559	92	28	stock	stock	NOUN
fbem-12559	92	29	prices	price	NOUN
fbem-12559	92	30	.	.	PUNCT
fbem-12559	93	1	4	4	X
fbem-12559	93	2	.	.	X
fbem-12559	93	3	conclusion	conclusion	NOUN
fbem-12559	93	4	this	this	DET
fbem-12559	93	5	article	article	NOUN
fbem-12559	93	6	begins	begin	VERB
fbem-12559	93	7	by	by	ADP
fbem-12559	93	8	discussing	discuss	VERB
fbem-12559	93	9	the	the	DET
fbem-12559	93	10	reasons	reason	NOUN
fbem-12559	93	11	for	for	ADP
fbem-12559	93	12	the	the	DET
fbem-12559	93	13	transition	transition	NOUN
fbem-12559	93	14	from	from	ADP
fbem-12559	93	15	traditional	traditional	ADJ
fbem-12559	93	16	finance	finance	NOUN
fbem-12559	93	17	to	to	ADP
fbem-12559	93	18	the	the	DET
fbem-12559	93	19	emergence	emergence	NOUN
fbem-12559	93	20	of	of	ADP
fbem-12559	93	21	behavioral	behavioral	ADJ
fbem-12559	93	22	finance	finance	NOUN
fbem-12559	93	23	,	,	PUNCT
fbem-12559	93	24	and	and	CCONJ
fbem-12559	93	25	further	far	ADV
fbem-12559	93	26	explores	explore	VERB
fbem-12559	93	27	the	the	DET
fbem-12559	93	28	development	development	NOUN
fbem-12559	93	29	of	of	ADP
fbem-12559	93	30	behavioral	behavioral	ADJ
fbem-12559	93	31	finance	finance	NOUN
fbem-12559	93	32	.	.	PUNCT
fbem-12559	94	1	the	the	DET
fbem-12559	94	2	impact	impact	NOUN
fbem-12559	94	3	of	of	ADP
fbem-12559	94	4	investor	investor	NOUN
fbem-12559	94	5	sentiment	sentiment	NOUN
fbem-12559	94	6	on	on	ADP
fbem-12559	94	7	stock	stock	NOUN
fbem-12559	94	8	prices	price	NOUN
fbem-12559	94	9	is	be	AUX
fbem-12559	94	10	theoretically	theoretically	ADV
fbem-12559	94	11	analyzed	analyze	VERB
fbem-12559	94	12	.	.	PUNCT
fbem-12559	95	1	by	by	ADP
fbem-12559	95	2	establishing	establish	VERB
fbem-12559	95	3	the	the	DET
fbem-12559	95	4	turnover	turnover	NOUN
fbem-12559	95	5	rate	rate	NOUN
fbem-12559	95	6	and	and	CCONJ
fbem-12559	95	7	the	the	DET
fbem-12559	95	8	trading	trading	NOUN
fbem-12559	95	9	amount	amount	NOUN
fbem-12559	95	10	of	of	ADP
fbem-12559	95	11	closed	closed	ADJ
fbem-12559	95	12	-	-	PUNCT
fbem-12559	95	13	end	end	NOUN
fbem-12559	95	14	funds	fund	NOUN
fbem-12559	95	15	as	as	ADP
fbem-12559	95	16	proxy	proxy	ADJ
fbem-12559	95	17	indicators	indicator	NOUN
fbem-12559	95	18	of	of	ADP
fbem-12559	95	19	investor	investor	NOUN
fbem-12559	95	20	sentiment	sentiment	NOUN
fbem-12559	95	21	,	,	PUNCT
fbem-12559	95	22	empirical	empirical	ADJ
fbem-12559	95	23	verification	verification	NOUN
fbem-12559	95	24	confirms	confirm	VERB
fbem-12559	95	25	that	that	SCONJ
fbem-12559	95	26	investor	investor	NOUN
fbem-12559	95	27	sentiment	sentiment	NOUN
fbem-12559	95	28	has	have	VERB
fbem-12559	95	29	a	a	DET
fbem-12559	95	30	significant	significant	ADJ
fbem-12559	95	31	impact	impact	NOUN
fbem-12559	95	32	on	on	ADP
fbem-12559	95	33	stock	stock	NOUN
fbem-12559	95	34	prices	price	NOUN
fbem-12559	95	35	.	.	PUNCT
fbem-12559	96	1	the	the	DET
fbem-12559	96	2	turnover	turnover	NOUN
fbem-12559	96	3	rate	rate	NOUN
fbem-12559	96	4	is	be	AUX
fbem-12559	96	5	found	find	VERB
fbem-12559	96	6	to	to	PART
fbem-12559	96	7	be	be	AUX
fbem-12559	96	8	a	a	DET
fbem-12559	96	9	good	good	ADJ
fbem-12559	96	10	indicator	indicator	NOUN
fbem-12559	96	11	for	for	ADP
fbem-12559	96	12	measuring	measure	VERB
fbem-12559	96	13	investor	investor	NOUN
fbem-12559	96	14	sentiment	sentiment	NOUN
fbem-12559	96	15	,	,	PUNCT
fbem-12559	96	16	and	and	CCONJ
fbem-12559	96	17	the	the	DET
fbem-12559	96	18	trading	trading	NOUN
fbem-12559	96	19	amount	amount	NOUN
fbem-12559	96	20	of	of	ADP
fbem-12559	96	21	closed	closed	ADJ
fbem-12559	96	22	-	-	PUNCT
fbem-12559	96	23	end	end	NOUN
fbem-12559	96	24	funds	fund	NOUN
fbem-12559	96	25	has	have	VERB
fbem-12559	96	26	a	a	DET
fbem-12559	96	27	negative	negative	ADJ
fbem-12559	96	28	impact	impact	NOUN
fbem-12559	96	29	on	on	ADP
fbem-12559	96	30	stock	stock	NOUN
fbem-12559	96	31	prices	price	NOUN
fbem-12559	96	32	,	,	PUNCT
fbem-12559	96	33	aligning	align	VERB
fbem-12559	96	34	with	with	ADP
fbem-12559	96	35	real	real	ADJ
fbem-12559	96	36	-	-	PUNCT
fbem-12559	96	37	world	world	NOUN
fbem-12559	96	38	models	model	NOUN
fbem-12559	96	39	.	.	PUNCT
fbem-12559	97	1	references	reference	NOUN
fbem-12559	97	2	[	[	X
fbem-12559	97	3	1	1	NUM
fbem-12559	97	4	]	]	PUNCT
fbem-12559	97	5	shen	shen	NOUN
fbem-12559	97	6	,	,	PUNCT
fbem-12559	97	7	y.	y.	PROPN
fbem-12559	97	8	,	,	PUNCT
fbem-12559	97	9	&	&	CCONJ
fbem-12559	97	10	yan	yan	PROPN
fbem-12559	97	11	,	,	PUNCT
fbem-12559	97	12	x.	x.	NOUN
fbem-12559	97	13	.	.	PUNCT
fbem-12559	98	1	research	research	NOUN
fbem-12559	98	2	on	on	ADP
fbem-12559	98	3	volatility	volatility	NOUN
fbem-12559	98	4	and	and	CCONJ
fbem-12559	98	5	var	var	NOUN
fbem-12559	98	6	prediction	prediction	NOUN
fbem-12559	98	7	of	of	ADP
fbem-12559	98	8	the	the	DET
fbem-12559	98	9	csi	csi	ADJ
fbem-12559	98	10	300	300	NUM
fbem-12559	98	11	index	index	NOUN
fbem-12559	98	12	a	a	DET
fbem-12559	98	13	har	har	NOUN
fbem-12559	98	14	-	-	PUNCT
fbem-12559	98	15	rv	rv	NOUN
fbem-12559	98	16	gas	gas	NOUN
fbem-12559	98	17	model	model	NOUN
fbem-12559	98	18	based	base	VERB
fbem-12559	98	19	on	on	ADP
fbem-12559	98	20	investor	investor	NOUN
fbem-12559	98	21	sentiment	sentiment	NOUN
fbem-12559	98	22	.	.	PUNCT
fbem-12559	99	1	journal	journal	PROPN
fbem-12559	99	2	of	of	ADP
fbem-12559	99	3	zhejiang	zhejiang	PROPN
fbem-12559	99	4	university	university	PROPN
fbem-12559	99	5	(	(	PUNCT
fbem-12559	99	6	science	science	NOUN
fbem-12559	99	7	edition),(2022	edition),(2022	NOUN
fbem-12559	99	8	)	)	PUNCT
fbem-12559	99	9	49(01	49(01	NUM
fbem-12559	99	10	)	)	PUNCT
fbem-12559	99	11	,	,	PUNCT
fbem-12559	99	12	66	66	NUM
fbem-12559	99	13	-	-	SYM
fbem-12559	99	14	75	75	NUM
fbem-12559	99	15	.	.	PUNCT
fbem-12559	100	1	[	[	X
fbem-12559	100	2	2	2	NUM
fbem-12559	100	3	]	]	X
fbem-12559	100	4	zhang	zhang	PROPN
fbem-12559	100	5	,	,	PUNCT
fbem-12559	100	6	f.	f.	PROPN
fbem-12559	100	7	,	,	PUNCT
fbem-12559	100	8	&	&	CCONJ
fbem-12559	100	9	zeng	zeng	PROPN
fbem-12559	100	10	,	,	PUNCT
fbem-12559	100	11	q.	q.	PROPN
fbem-12559	100	12	.	.	PUNCT
fbem-12559	101	1	research	research	NOUN
fbem-12559	101	2	on	on	ADP
fbem-12559	101	3	the	the	DET
fbem-12559	101	4	relationship	relationship	NOUN
fbem-12559	101	5	between	between	ADP
fbem-12559	101	6	investor	investor	NOUN
fbem-12559	101	7	sentiment	sentiment	NOUN
fbem-12559	101	8	and	and	CCONJ
fbem-12559	101	9	stock	stock	NOUN
fbem-12559	101	10	market	market	NOUN
fbem-12559	101	11	returns	return	NOUN
fbem-12559	101	12	from	from	ADP
fbem-12559	101	13	the	the	DET
fbem-12559	101	14	perspective	perspective	NOUN
fbem-12559	101	15	of	of	ADP
fbem-12559	101	16	margin	margin	NOUN
fbem-12559	101	17	trading	trading	NOUN
fbem-12559	101	18	and	and	CCONJ
fbem-12559	101	19	short	short	ADJ
fbem-12559	101	20	selling	selling	NOUN
fbem-12559	101	21	:	:	PUNCT
fbem-12559	101	22	an	an	DET
fbem-12559	101	23	empirical	empirical	ADJ
fbem-12559	101	24	test	test	NOUN
fbem-12559	101	25	based	base	VERB
fbem-12559	101	26	on	on	ADP
fbem-12559	101	27	the	the	DET
fbem-12559	101	28	csi	csi	PROPN
fbem-12559	101	29	300	300	NUM
fbem-12559	101	30	index	index	NOUN
fbem-12559	101	31	.	.	PUNCT
fbem-12559	102	1	price	price	NOUN
fbem-12559	102	2	theory	theory	NOUN
fbem-12559	102	3	and	and	CCONJ
fbem-12559	102	4	practice,(2021	practice,(2021	NOUN
fbem-12559	102	5	)	)	PUNCT
fbem-12559	102	6	(	(	PUNCT
fbem-12559	102	7	06	06	NUM
fbem-12559	102	8	)	)	PUNCT
fbem-12559	102	9	,	,	PUNCT
fbem-12559	102	10	123	123	NUM
fbem-12559	102	11	-	-	SYM
fbem-12559	102	12	128	128	NUM
fbem-12559	102	13	.	.	PUNCT
fbem-12559	103	1	[	[	X
fbem-12559	103	2	3	3	NUM
fbem-12559	103	3	]	]	X
fbem-12559	103	4	zhou	zhou	PROPN
fbem-12559	103	5	,	,	PUNCT
fbem-12559	103	6	l.	l.	PROPN
fbem-12559	103	7	.	.	PUNCT
fbem-12559	104	1	investor	investor	NOUN
fbem-12559	104	2	attention	attention	NOUN
fbem-12559	104	3	and	and	CCONJ
fbem-12559	104	4	stock	stock	NOUN
fbem-12559	104	5	market	market	NOUN
fbem-12559	104	6	returns	return	NOUN
fbem-12559	104	7	:	:	PUNCT
fbem-12559	104	8	an	an	DET
fbem-12559	104	9	empirical	empirical	ADJ
fbem-12559	104	10	analysis	analysis	NOUN
fbem-12559	104	11	based	base	VERB
fbem-12559	104	12	on	on	ADP
fbem-12559	104	13	stock	stock	PROPN
fbem-12559	104	14	forum	forum	PROPN
fbem-12559	104	15	data	data	PROPN
fbem-12559	104	16	mining	mining	NOUN
fbem-12559	104	17	.	.	PUNCT
fbem-12559	105	1	financial	financial	ADJ
fbem-12559	105	2	development	development	PROPN
fbem-12559	105	3	research,(2021	research,(2021	PROPN
fbem-12559	105	4	)	)	PUNCT
fbem-12559	105	5	(	(	PUNCT
fbem-12559	105	6	04	04	NUM
fbem-12559	105	7	)	)	PUNCT
fbem-12559	105	8	,	,	PUNCT
fbem-12559	105	9	60	60	NUM
fbem-12559	105	10	-	-	SYM
fbem-12559	105	11	68	68	NUM
fbem-12559	105	12	.	.	PUNCT
fbem-12559	106	1	[	[	X
fbem-12559	106	2	4	4	NUM
fbem-12559	106	3	]	]	X
fbem-12559	106	4	yao	yao	NOUN
fbem-12559	106	5	,	,	PUNCT
fbem-12559	106	6	y.	y.	PROPN
fbem-12559	106	7	,	,	PUNCT
fbem-12559	106	8	&	&	CCONJ
fbem-12559	106	9	wang	wang	PROPN
fbem-12559	106	10	,	,	PUNCT
fbem-12559	106	11	r.	r.	PROPN
fbem-12559	106	12	.	.	PUNCT
fbem-12559	107	1	asymmetry	asymmetry	NOUN
fbem-12559	107	2	analysis	analysis	NOUN
fbem-12559	107	3	of	of	ADP
fbem-12559	107	4	macroeconomics	macroeconomic	NOUN
fbem-12559	107	5	,	,	PUNCT
fbem-12559	107	6	investor	investor	NOUN
fbem-12559	107	7	sentiment	sentiment	NOUN
fbem-12559	107	8	,	,	PUNCT
fbem-12559	107	9	and	and	CCONJ
fbem-12559	107	10	stock	stock	NOUN
fbem-12559	107	11	index	index	NOUN
fbem-12559	107	12	returns	return	NOUN
fbem-12559	107	13	.	.	PUNCT
fbem-12559	108	1	price	price	NOUN
fbem-12559	108	2	theory	theory	NOUN
fbem-12559	108	3	and	and	CCONJ
fbem-12559	108	4	practice,(2021	practice,(2021	NOUN
fbem-12559	108	5	)	)	PUNCT
fbem-12559	108	6	(	(	PUNCT
fbem-12559	108	7	01	01	NUM
fbem-12559	108	8	)	)	PUNCT
fbem-12559	108	9	,	,	PUNCT
fbem-12559	108	10	124	124	NUM
fbem-12559	108	11	-	-	SYM
fbem-12559	108	12	127	127	NUM
fbem-12559	108	13	+	+	NOUN
fbem-12559	108	14	174	174	NUM
fbem-12559	108	15	.	.	PUNCT
fbem-12559	109	1	[	[	X
fbem-12559	109	2	5	5	NUM
fbem-12559	109	3	]	]	X
fbem-12559	109	4	xie	xie	PROPN
fbem-12559	109	5	,	,	PUNCT
fbem-12559	109	6	s.	s.	PROPN
fbem-12559	109	7	,	,	PUNCT
fbem-12559	109	8	&	&	CCONJ
fbem-12559	109	9	tang	tang	PROPN
fbem-12559	109	10	,	,	PUNCT
fbem-12559	109	11	s.	s.	PROPN
fbem-12559	109	12	.	.	PUNCT
fbem-12559	110	1	the	the	DET
fbem-12559	110	2	impact	impact	NOUN
fbem-12559	110	3	of	of	ADP
fbem-12559	110	4	investor	investor	NOUN
fbem-12559	110	5	sentiment	sentiment	NOUN
fbem-12559	110	6	and	and	CCONJ
fbem-12559	110	7	macroeconomic	macroeconomic	ADJ
fbem-12559	110	8	fluctuations	fluctuation	NOUN
fbem-12559	110	9	on	on	ADP
fbem-12559	110	10	stock	stock	NOUN
fbem-12559	110	11	market	market	NOUN
fbem-12559	110	12	returns	return	NOUN
fbem-12559	110	13	.	.	PUNCT
fbem-12559	111	1	macroeconomic	macroeconomic	ADJ
fbem-12559	111	2	research,(2021	research,(2021	NOUN
fbem-12559	111	3	)	)	PUNCT
fbem-12559	111	4	(	(	PUNCT
fbem-12559	111	5	02	02	NUM
fbem-12559	111	6	)	)	PUNCT
fbem-12559	111	7	,	,	PUNCT
fbem-12559	111	8	99	99	NUM
fbem-12559	111	9	-	-	SYM
fbem-12559	111	10	107	107	NUM
fbem-12559	111	11	.	.	PUNCT
fbem-12559	112	1	[	[	X
fbem-12559	112	2	6	6	NUM
fbem-12559	112	3	]	]	X
fbem-12559	112	4	zhang	zhang	PROPN
fbem-12559	112	5	,	,	PUNCT
fbem-12559	112	6	b.	b.	PROPN
fbem-12559	112	7	,	,	PUNCT
fbem-12559	112	8	hu	hu	PROPN
fbem-12559	112	9	,	,	PUNCT
fbem-12559	112	10	w.	w.	PROPN
fbem-12559	112	11	,	,	PUNCT
fbem-12559	112	12	&	&	CCONJ
fbem-12559	112	13	yang	yang	PROPN
fbem-12559	112	14	,	,	PUNCT
fbem-12559	112	15	x.	x.	NOUN
fbem-12559	112	16	.	.	PUNCT
fbem-12559	113	1	research	research	NOUN
fbem-12559	113	2	on	on	ADP
fbem-12559	113	3	the	the	DET
fbem-12559	113	4	mechanism	mechanism	NOUN
fbem-12559	113	5	of	of	ADP
fbem-12559	113	6	investor	investor	NOUN
fbem-12559	113	7	sentiment	sentiment	NOUN
fbem-12559	113	8	generation	generation	NOUN
fbem-12559	113	9	.	.	PUNCT
fbem-12559	114	1	china	china	PROPN
fbem-12559	114	2	management	management	PROPN
fbem-12559	114	3	science,(2021	science,(2021	PROPN
fbem-12559	114	4	)	)	PUNCT
fbem-12559	114	5	29(01	29(01	NUM
fbem-12559	114	6	)	)	PUNCT
fbem-12559	114	7	,	,	PUNCT
fbem-12559	114	8	185	185	NUM
fbem-12559	114	9	-	-	SYM
fbem-12559	114	10	195	195	NUM
fbem-12559	114	11	.	.	PUNCT