Exploring Contrarian Degree in the Trading Behavior of China's Stock Market

Table 4

Contrarian degree of bull and bear markets.

Bull Market	CD	Bear Market	CD
2007	0.377	2008	0.349
2009H1	0.382	2010S2	0.379
2014H2-2015H1	0.394	2015S3	0.353
2015S4	0.376	2016S1	0.366
Average	0.382	Average	0.362