المستخلص: |
This study analyzes investor behavior in the Amman Stock Exchange during periods of significant stock price volatility. Data was collected quarterly from 2021 to 2022, and various statistical and technical models were utilized, including linear regression and time-series analysis, with the aid of Smart PLS4 and Eviews software. The study reveals that price volatility in the Amman Stock Exchange vary across different periods and influence investor behavior differently. In efficient markets, investors' reactions are rational, whereas in inefficient markets, herding behavior is observed. The impact also differs depending on investors' strategies. Short term investors demonstrate high risk tolerance and speculation in the markets, showing little sensitivity to volatility. Conversely, long-term investors are affected by these volatilities, causing hesitation in their investment decisions, leading them to prefer more stable and secure assets.
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