Does Online Investor Sentiment Affect the Asset Price Movement? Evidence from the Chinese Stock Market

Table 2

Granger causality test results.

	Null hypothesis	F-stat.	Prob.
SHINDEX-SENINDEX		10.3966	0.0000
		6.7410	0.0014
RSH-VSEN		1.52490	0.2201
		8.48564	0.0003
GARCHRSH-GARCHVSEN		0.59415	0.5530
		1.94952	0.1449

Note: there are 213 observations for each sample. “” denotes that is not the Granger cause of .