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Be wary of the ‘vibes’: positive investor sentiment doesn’t necessarily match the true value of stocks

Retrieved on: 
Wednesday, March 13, 2024

Uncertainty gripped the market and eroded investor sentiment, only for markets to bounce back and finish the year on a high.

Key Points: 
  • Uncertainty gripped the market and eroded investor sentiment, only for markets to bounce back and finish the year on a high.
  • Stockmarket history is full of similar periods characterised by either extreme levels or dramatic changes in stock prices.
  • Rather, a large body of academic literature shows market-wide sentiment can cause prices to depart from their true values.

Measuring market sentiment

  • Market sentiment refers to the overall attitude of investors.
  • Several studies show investor sentiment predicts stock returns and can be used as a contrarian signal since subsequent returns tend to be relatively high when sentiment is low and vice versa.
  • Therefore, a contrarian investor would buy stocks when sentiment is low and sell stocks when sentiment is high.

2024 forecast for the NZ equity market

  • In other words, 40% of the surveyed investors believe the NZ equity market will increase in the first six months of 2024.
  • At the same time, bearish sentiment, expectations that stock prices will fall over the next six months, fluctuated around 16%.
  • So, despite the mounting global and local uncertainties, retail investors are optimistic about the equity market.

Why investor sentiment matters

  • In general, investor sentiment affects the demand (buying) and supply (selling) of stocks.
  • At the same time, policymakers should monitor and include investor sentiment in their decision-making to reduce undue market volatility.
  • Research has shown sentiment as a determinant of stock prices is driven by rational factors, such as inflation, overall market return and dividend yield, and less rational factors.


Prof Jedrzej Bialkowski is a member of the American Finance Association (AFA), European Finance Association (EFA), Financial Management Association (FMA), Western Finance Association (WFA) and Institute of Finance Professionals New Zealand (INFINZ).
Moritz Wagner is a member of the American Finance Association (AFA), European Finance Association (EFA), Financial Management Association (FMA), Institute of Finance Professionals New Zealand (INFINZ) and the Nez Zealand Shareholder Association (NZSA).

OnePlus Watch 2 Hits the Market Today: Unveiling Price, Availability, and More

Retrieved on: 
Monday, March 4, 2024

The OnePlus Watch 2 is packed with flagship features, including exceptional battery and charging performance for industry-leading reliability and longevity. It features OnePlus's self-developed Dual-Engine Architecture powered by two different flagship chipsets -- the Snapdragon W5 Gen 1 Wearable Platform, which runs demanding tasks, like running your favorite Google apps, and another BES2700 Efficiency Chipset, which runs RTOS and handles background activity and simple tasks. This optimized approach, enabled by the Wear OS hybrid interface seamlessly managing the transition between chips, means users will experience a smartwatch that effortlessly does it all while extending the time between charges.

Key Points: 
  • With its 2GB RAM and 32GB ROM configuration, the OnePlus Watch 2 also offers plenty of memory and storage to ensure the watch runs smoothly at all times.
  • Specifically for badminton, the OHealth app on the OnePlus Watch 2 can track data such as swing strength and speed.
  • With Fast Pair, you can quickly connect and set up your OnePlus Watch 2 with your OnePlus phone or other supported Android smartphone.
  • OnePlus Watch 2 only supports connecting with smartphones with Android 8.0 and above, which should also have a GMS version of 23.45.23 and above.

Mexican Singer Junior H Releases New Song, A Tu Manera

Retrieved on: 
Monday, February 26, 2024

Junior H, in collaboration with Peso Pluma, is the artist behind the song currently trending at number 1 on Spotify in Mexico.

Key Points: 
  • Los Angeles, California--(Newsfile Corp. - February 26, 2024) - Antonio Herrera Pérez, known professionally as Junior H, has released his new song " A Tu Manera ".
  • The distinctive musical fusion artist Junior H is trending at the number 1 spot on Spotify in Mexico.
  • In addition to his contributions to the corridos tumbados movement, Junior H has also created and pioneered the Sad Corrido movement.
  • Junior H provided insight into the collaborative process of working with Peso Pluma, "A Tu Manera was a natural progression in our artistic journey.

TCG World Announces Partnership with Chooky Records to Revolutionize Entertainment in the Metaverse

Retrieved on: 
Friday, March 8, 2024

The partnership with Chooky Records marks a significant step in TCG World's commitment to integrating high-quality entertainment into the metaverse.

Key Points: 
  • The partnership with Chooky Records marks a significant step in TCG World's commitment to integrating high-quality entertainment into the metaverse.
  • The executive team at Chooky Records, echoed the excitement for what this partnership represents for the future of entertainment, stating, "This collaboration with TCG World is a milestone for us at Chooky Records.
  • This partnership between TCG World and Chooky Records is not just a step forward for both entities but a leap towards redefining entertainment within the metaverse.
  • For more information about TCG World, Chooky Records, and their innovative partnership, please visit TCG World and Chooky Records.

Doroni Aerospace Announces Launch of Exclusive Podcast Series, ‘The Doroni Podcast’

Retrieved on: 
Monday, February 26, 2024

POMPANO BEACH, Fla., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Doroni Aerospace, the leader in sustainable transportation and urban air mobility, is excited to announce the launch of its very own podcast series, The Doroni Podcast .

Key Points: 
  • POMPANO BEACH, Fla., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Doroni Aerospace, the leader in sustainable transportation and urban air mobility, is excited to announce the launch of its very own podcast series, The Doroni Podcast .
  • In the series, Doroni takes listeners on an in-depth journey into the engineering marvels behind their flying cars, emphasizing VTOL capabilities and electric propulsion.
  • Featuring conversations with the Doroni Aerospace team, industry leaders, and visionaries, the podcast offers a succinct yet rich exploration of the challenges and milestones in making flying cars a mainstream reality.
  • Subscribe to The Doroni Podcast on YouTube , Apple Podcasts or Spotify and join us as we explore the skies and beyond.

Merz Aesthetics® Continues Multi-Year ‘Beauty on Your Terms’ Campaign for XEOMIN® (incobotulinumtoxinA) with Announcement of Demi Lovato as New Brand Partner

Retrieved on: 
Wednesday, March 6, 2024

Merz Aesthetics®, the world’s largest dedicated medical aesthetics business, today announced the latest extension of their first-of-its kind, multi-year campaign, ‘Beauty on Your Terms’ with the addition of award-winning actor and musician Demi Lovato as the newest XEOMIN® (incobotulinumtoxinA) brand partner.

Key Points: 
  • Merz Aesthetics®, the world’s largest dedicated medical aesthetics business, today announced the latest extension of their first-of-its kind, multi-year campaign, ‘Beauty on Your Terms’ with the addition of award-winning actor and musician Demi Lovato as the newest XEOMIN® (incobotulinumtoxinA) brand partner.
  • View the full release here: https://www.businesswire.com/news/home/20240306431486/en/
    Merz Aesthetics® announces Demi Lovato as new Xeomin® (incobotulinumtoxinA) brand partner (Photo: Business Wire)
    The partnership with Lovato is a continuation of Merz Aesthetics’ multi-channel, digital-first ‘Beauty on Your Terms’ campaign, which has reimagined traditional pharmaceutical marketing strategy.
  • “Part of that is also being mindful of what goes into the products you choose to use.
  • Follow @XeominAesthetic to stay up to speed on the latest news from Demi Lovato.

SheerID Expands Identity Verification Platform with Marketing Hub and DataConnectors to 400+ Martech Solutions

Retrieved on: 
Thursday, February 22, 2024

Marketing Hub provides brands with a curated marketplace of data-driven marketing products, agency services and earned media solutions to drive awareness and accurately engage highly valued communities.

Key Points: 
  • Marketing Hub provides brands with a curated marketplace of data-driven marketing products, agency services and earned media solutions to drive awareness and accurately engage highly valued communities.
  • DataConnectors take the first-party data provided by consumers and verified by SheerID, and streams it into more than 400 martech solutions such as a brand’s BI, CRM and CDP systems for personalized marketing.
  • We are thrilled to offer compelling custom marketing packages designed to pair expertly with SheerID's verification platform and boost brands’ campaigns authentically and with measurable results."
  • “Incomplete solutions, data silos, and cookie deprecation have severely impacted marketers' abilities to build trusted, tight-knit relationships with their customers,” said Jake Weatherly, CEO of SheerID.

T. ROWE PRICE LAUNCHES INVESTMENT FOCUSED PODCAST, "THE ANGLE"

Retrieved on: 
Wednesday, March 6, 2024

BALTIMORE, March 6, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm, has launched "The Angle," a podcast focused on timely topics shaping financial markets. The inaugural season, "The Blue Economy—Making Waves" premiered on February 5th and explores how innovations in financing can help create a more protected and sustainable global water economy.

Key Points: 
  • New podcast highlights perspectives from T. Rowe Price Global Investment Experts, Inaugural Season To Focus On The 'Blue Economy'
    BALTIMORE, March 6, 2024 /PRNewswire/ -- T. Rowe Price, a global investment management firm, has launched "The Angle," a podcast focused on timely topics shaping financial markets.
  • The first season is hosted by Nick Trueman, T. Rowe Price's head of Distribution in Europe, and it features perspectives from the firm's global investment team.
  • "I am delighted to be hosting the first season of 'The Angle,' and I'm especially excited to explore the blue economy with my T. Rowe Price colleagues from Fixed Income," said Trueman.
  • CONFIDENT CONVERSATIONS® on Retirement ," which features T. Rowe Price experts sharing their perspectives on retirement-related topics, launched its third season in November 2023.

Used by Spotify and Logitech, HR & Fintech Startup RemotePass Raises $5.5M

Retrieved on: 
Tuesday, March 5, 2024

ABU DHABI, UAE, March 5, 2024 /PRNewswire/ -- RemotePass , an HR and fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding.

Key Points: 
  • ABU DHABI, UAE, March 5, 2024 /PRNewswire/ -- RemotePass , an HR and fintech platform that helps companies onboard, manage, pay, and retain remote workers, has secured $5.5 million in Series A funding.
  • With this funding, RemotePass's total capital raised has surpassed $10 million, adding to previous investments from BECO Capital, Wamda Capital, Plug & Play, and Flat6Labs.
  • "By addressing today's workforce challenges like talent mobility and remote work, RemotePass stands out as a key enabler," he says.
  • Founded by Kamal Reggad and Karim Nadi, RemotePass serves a range of clients, from startups to large enterprises like Spotify, Logitech, Paymentology.

ACCLAIMED COLOMBIAN SINGER-SONGWRITER CARLOS VIVES TO RECEIVE PRESTIGIOUS ASCAP FOUNDERS AWARD

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 4, 2024 /PRNewswire/ -- The American Society of Composers, Authors and Publishers (ASCAP) announced today that the organization will honor acclaimed Colombian singer and songwriter Carlos Vives with the ASCAP Founders Award.

Key Points: 
  • NEW YORK, March 4, 2024 /PRNewswire/ -- The American Society of Composers, Authors and Publishers (ASCAP) announced today that the organization will honor acclaimed Colombian singer and songwriter Carlos Vives with the ASCAP Founders Award.
  • The ASCAP Founders Award is presented to songwriters and composers who have made pioneering contributions to music by inspiring and influencing their fellow music creators.
  • "Carlos has led a new generation of Latin artists bringing Colombian music sounds to music fans around the world," said ASCAP Chairman of the Board and President Paul Williams.
  • The ASCAP Latin Music Awards honor the songwriters and publishers of the most-performed songs of the past year in Latin music.