Research Article
The Measurement Method of Investor Sentiment and Its Relationship with Stock Market
Table 1
Summary of Markov-Switching Vector autoregressive (MS-VAR) model.
| Coefficient | Variance | MSM | MSI | Mean variant | Mean invariant | Intercept variant | Intercept invariant |
| Invariant | Invariant | MSM-VAR | Linear MVAR | MSI-VAR | Linear VAR | Invariant | Variant | MSMH-VAR | MSH-MVAR | MSIH-VAR | MSH-VAR | Variant | Invariant | MSMA-VAR | MSA-MVAR | MSIA-VAR | MSA-VAR | Variant | Variant | MSMAH-VAR | MSAH-MVAR | MSIAH-VAR | MSAH-VAR |
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