Representation Bias, Return Forecast, and Portfolio Selection in the Stock Market of China

<table class="table-group" id="tab4"><tr><td><table class="table"><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr class="thead"><td align="left"> </td><td align="center">Error reduction</td></tr><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr><td align="left">1</td><td align="center">9.70%</td></tr><tr><td align="left">2</td><td align="center">20.18%</td></tr><tr><td align="left">3</td><td align="center">87.54%</td></tr><tr><td align="left">4</td><td align="center">1.64%</td></tr><tr class="table-tr"><td colspan="2"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

The error reduction of horizontal representation returns forecast.

Mathematical Problems in Engineering

tab4

Table 4

Table 4: Representation Bias, Return Forecast, and Portfolio Selection in the Stock Market of China 