Values of reliability and convergent validity
| Factor | Item | Factor loading | CR | rho_A | AVE | Cronbach's α |
|---|---|---|---|---|---|---|
| Herding behaviour | HB1 | 0.905 | 0.935 | 0.911 | 0.781 | 0.906 |
| HB2 | 0.914 | |||||
| HB3 | 0.832 | |||||
| HB4 | 0.881 | |||||
| Investment decisions | ID1 | 0.817 | 0.913 | 0.879 | 0.725 | 0.874 |
| ID2 | 0.857 | |||||
| ID3 | 0.881 | |||||
| ID4 | 0.849 | |||||
| Investor sentiment | IS1 | 0.889 | 0.926 | 0.904 | 0.757 | 0.893 |
| IS2 | 0.872 | |||||
| IS3 | 0.855 | |||||
| IS4 | 0.864 | |||||
| Risk perception | RP1 | 0.745 | 0.893 | 0.854 | 0.677 | 0.841 |
| RP2 | 0.848 | |||||
| RP3 | 0.880 | |||||
| RP4 | 0.814 |
| Factor | Item | Factor loading | CR | rho_A | AVE | Cronbach's α |
|---|---|---|---|---|---|---|
| Herding behaviour | HB1 | 0.905 | 0.935 | 0.911 | 0.781 | 0.906 |
| HB2 | 0.914 | |||||
| HB3 | 0.832 | |||||
| HB4 | 0.881 | |||||
| Investment decisions | ID1 | 0.817 | 0.913 | 0.879 | 0.725 | 0.874 |
| ID2 | 0.857 | |||||
| ID3 | 0.881 | |||||
| ID4 | 0.849 | |||||
| Investor sentiment | IS1 | 0.889 | 0.926 | 0.904 | 0.757 | 0.893 |
| IS2 | 0.872 | |||||
| IS3 | 0.855 | |||||
| IS4 | 0.864 | |||||
| Risk perception | RP1 | 0.745 | 0.893 | 0.854 | 0.677 | 0.841 |
| RP2 | 0.848 | |||||
| RP3 | 0.880 | |||||
| RP4 | 0.814 |
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