Variable | Description | Data Source |
Risk Tolerance | The level of investment risk an investor is willing to bear | Investor’s wealth status, age, gender, occupation, etc. |
Return Expectations | Investor’s expectations regarding investment returns | Market data, historical data, macroeconomic indicators, etc. |
Market Information | Information obtained by investors about the market | News, research reports, historical data, etc. |
Personality Traits | Investor’s personal traits, such as overconfidence, optimism, or pessimism | Investor’s trading records, surveys, etc. |