Divergent Investor Perspectives and Volatility Risk -- Research Based on Stock Bar Public Opinion Data

Retail investors are the primary participants in A-share market, with a large number, differences economic levels, and uneven accumulation of financial professions, so it is manifested opinion investment behavior individual investors, which influence risk stock market volatility. Due to rise popularity mobile clients, browsing bar post content has become an essential way for retail get trend. This paper analyzes impact public on fluctuation Oriental Wealth Internet Stocks by focusing micro-level stocks. In addition, supplements empirical studies volatility from micro level investor opinion, providing regulators reference better understanding psychology managing network opinion. The results show that: (1) Stock positively correlated divergent opinions;(2) Post sentiment value comment volume;(3) Investor different sectors affects prices varying degrees.