All kinds of abnormalities are concerned on stock market in the foreign financial documents these years,such as January effect,disposition effect,momentum effect,herd behavior.
近年来,国外财务学界的研究文献大量地关注证券市场的各种异常,如一月效应、处置效应、动量效应、羊群行为等等。
参考来源 - 投资者行为偏差及其对策分析·2,447,543篇论文数据，部分数据来源于NoteExpress
以上来源于: WordNet
It is significant to understand disposition effect and its psychological reasons.
了解“倾向效应”及其心理动因具有积极的现实意义。
The result shows that Chinese investors are liable to sell winners and hold losers, in other words they have disposition effect.
结果表明我国投资者倾向于卖出当前盈利的股票而继续持有当前亏损的股票，即存在处置效应。
The results show that there is obvious disposition effect on institutional investors although the turnover ratio of mutual funds is lower than that of stocks.
结果表明：尽管基金的周转率远低于股票交易周转率，基金投资者仍然存在明显的处置效应；
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