{"cited_by_count":3989406,"description":"This cluster of papers explores asset pricing models, stock returns, market efficiency, investor sentiment, liquidity risk, behavioral finance, momentum investing, market microstructure, hedge funds, and the information content of various factors affecting asset prices.","display_name":"Financial Markets and Investment Strategies","domain_id":"2","external_ids":{"openalex":"https://openalex.org/T10047","wikipedia":"https://en.wikipedia.org/wiki/Asset_pricing"},"field_id":"20","id":"T10047","keywords":[{"display_name":"stock returns","id":"stock-returns","score":0.4508,"url":"https://openalex.org/keywords/stock-returns"},{"display_name":"stock market","id":"stock-market","score":0.3265,"url":"https://openalex.org/keywords/stock-market"},{"display_name":"market efficiency","id":"market-efficiency","score":0.488,"url":"https://openalex.org/keywords/market-efficiency"},{"display_name":"abnormal returns","id":"abnormal-returns","score":0.5469,"url":"https://openalex.org/keywords/abnormal-returns"},{"display_name":"asset pricing","id":"asset-pricing","score":0.5749,"url":"https://openalex.org/keywords/asset-pricing"},{"display_name":"behavioral finance","id":"behavioral-finance","score":0.5428,"url":"https://openalex.org/keywords/behavioral-finance"},{"display_name":"investor behavior","id":"investor-behavior","score":0.5129,"url":"https://openalex.org/keywords/investor-behavior"},{"display_name":"stock prices","id":"stock-prices","score":0.2375,"url":"https://openalex.org/keywords/stock-prices"},{"display_name":"trading volume","id":"trading-volume","score":0.5084,"url":"https://openalex.org/keywords/trading-volume"},{"display_name":"retail investors","id":"individual-investors","score":0.4366,"url":"https://openalex.org/keywords/individual-investors"},{"display_name":"market microstructure","id":"market-microstructure","score":0.6508,"url":"https://openalex.org/keywords/market-microstructure"},{"display_name":"capital asset pricing model","id":"capital-asset-pricing-model","score":0.5815,"url":"https://openalex.org/keywords/capital-asset-pricing-model"},{"display_name":"investor sentiment","id":"investor-sentiment","score":0.5942,"url":"https://openalex.org/keywords/investor-sentiment"},{"display_name":"efficient market hypothesis","id":"efficient-market-hypothesis","score":0.6783,"url":"https://openalex.org/keywords/efficient-market-hypothesis"},{"display_name":"Sharpe ratio","id":"sharpe-ratio","score":0.5023,"url":"https://openalex.org/keywords/sharpe-ratio"},{"display_name":"trading strategies","id":"trading-strategies","score":0.5536,"url":"https://openalex.org/keywords/trading-strategies"},{"display_name":"initial public offerings","id":"initial-public-offerings","score":0.2425,"url":"https://openalex.org/keywords/initial-public-offerings"},{"display_name":"institutional investors","id":"institutional-investors","score":0.2595,"url":"https://openalex.org/keywords/institutional-investors"},{"display_name":"investment strategy","id":"investment-strategy","score":0.313,"url":"https://openalex.org/keywords/investment-strategy"},{"display_name":"Chinese stock market","id":"chinese-stock-market","score":0.4276,"url":"https://openalex.org/keywords/chinese-stock-market"},{"display_name":"asset allocation","id":"asset-allocation","score":0.2752,"url":"https://openalex.org/keywords/asset-allocation"},{"display_name":"technical analysis","id":"technical-analysis","score":0.423,"url":"https://openalex.org/keywords/technical-analysis"},{"display_name":"risk-adjusted returns","id":"risk-adjusted-returns","score":0.5826,"url":"https://openalex.org/keywords/risk-adjusted-returns"},{"display_name":"price discovery","id":"price-discovery","score":0.5407,"url":"https://openalex.org/keywords/price-discovery"},{"display_name":"mutual funds","id":"mutual-funds","score":0.4217,"url":"https://openalex.org/keywords/mutual-funds"}],"legacy_keywords":["Asset Pricing","Stock Returns","Market Efficiency","Investor Sentiment","Liquidity Risk","Behavioral Finance","Momentum Investing","Market Microstructure","Hedge Funds","Information Content"],"openalex_id":"https://openalex.org/T10047","source_created_date":"2024-01-23T15:27:05","source_updated_date":"2026-10-17T03:02:00","subfield_id":"2003","url":"/topics/T10047","works_api_url":"https://api.openalex.org/works?filter=topics.id:T10047","works_count":356799,"label":"Financial Markets and Investment Strategies","provider":"openalex","revision":"e206752b480cad31","taxonomy_revision":"f050b5d4780b1289","title":"Financial Markets and Investment Strategies","kind":"topic-directory","aeo_cohort":"topic-directory","catalogue_revision":"f050b5d4780b1289","numeric_address":"36042868482018012","address_version":"morton4x16-v1","coordinates":[2,20,2003,10047],"answer_status":"Directory metadata; local answer requires separate source review","truth_status":"Subject descriptor, not a factual answer or a demonstrated knowledge gap","reviewed_answer":null}