Predictability of Investment Behavior Based on Personal Characteristics about China's Individual Investors

Qiujun Lan, Xuqing Xu, Xingye Hu
2017 Eurasia Journal of Mathematics, Science and Technology Education  
This paper analyzes the relationship between individual investor's characteristics and behaviors by rank correlation analysis and logistic regression based on more than 20,000 samples of China' individual investors nationwide collected through online questionnaires. And we select some critical characteristics as input variables to predict investor's behaviors. The results show that investors' personal characteristics and their behaviors are closely linked, and the data mining models inputting
more » ... models inputting an investor's personal characteristics can predict his investment behaviors effectively. These results would help related financial organizations to optimize their customer management, service quality and cost or profit control.
doi:10.12973/ejmste/78104 fatcat:ug75jxc5sfapdhyfemfucha73i