Noise trader risk

Noise Trader Risk
A form of market risk associated with the investment decisions of noise traders. The higher the volatility in market price for a particular security, the greater the associated noise trader risk
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"Noise Trader Risk in Financial Markets". Journal of Political Economy 98 (4): 703-738. doi:10.1086/261703.
^ Froot, Kenneth A.; Obstfeld, Maurice (1991). "Intrinsic Bubbles: The Case of Stock Prices".

De Long, J.B. & Shleifer, A. & Summers, L.H. & Waldman, R.J. (1990). Noise trader risk in financial markets. Journal of Political Economy, 98, 703 - 738.

See also: Market, Trading, Chart, Trend, Noise trader