From what I've read/heard it can (does), but I don't think it's as simple as the example you gave. I'm, by nature, a pretty cheerful person; but I've always liked light neutrals, pale mauves, a certain shade of pinks, non-primary shades of "subtle" greens, and smoky/dusky lilac. I like "non-smothering" colors and "fresh-airy" colors because primary colors seem overbearing and "smothery" too me (or else just plain, old, too "loud"). Personality-wise, I'm cheerful but I'm about as far from "the life of the party" as anyone could ever be.
What I notice about the non-neutral colors I like is that they're the more unusual colors of Nature (the sky at dusk, some flowers). I really don't like "afternoon-sky blue". Part of where my happier Nature thrives on are those colors of the more rare things that are in Nature. They make me feel really light, breezy, and airy. I don't like the heavier colors in Nature (pine-green and "tree-brown". I tend to gravitate toward dusk and dawn sky colors, flower colors, Spring foliage (pink where I live), and ocean shades. Those things tend to change (within a certain range but consistent) and light (rather than un-changing and "heavy"). In a way, with the exception of some flowers and grass/leaves, primary colors tend to be human reproductions of the color/light spectrum; and - I don't know - that kind of goes against my grain, as far as preference goes. Another possible factor, though: I'm an auditory processor, so things that are too visually bold make frazzled. It makes me feel as if it's "visual assault". (In recent times my cheerfulness has certainly been challenged, but my color preferences have been the same pretty much all my life so events/circumstances haven't impacted my preferences.)