Issue: Số 15 - Tháng 6 - 2023Tài chính - Ngân hàng - Bảo hiểm
Factors affecting the herding behavior in the Vietnamese stock market
Published: July 23, 2026
Abstract
This study explores the effect of market factors on herding behavior in the Vietnamese stock market. In this study, a regression model with the measure of return dispersion (CSAD) and daily data of stocks listing on the Ho Chi Minh City Stock Exchange was used. The study finds that there is asymmetry in herding behavior in the overall market and in some specific sectors under different market conditions. The study’s results provide useful information for market managers in regulating the market and investors in finding investment strategies.
Keywords
marketstock marketherding behaviorinvestment
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