Quantifying Trading Behavior in Financial Markets Using Google Trends

Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new perspective on the behav...

Full description

Bibliographic Details
Main Authors: Preis, Tobias, Moat, Helen Susannah, Stanley, H. Eugene
Format: Online
Language:English
Published: Nature Publishing Group 2013
Online Access:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3635219/
id pubmed-3635219
recordtype oai_dc
spelling pubmed-36352192013-04-25 Quantifying Trading Behavior in Financial Markets Using Google Trends Preis, Tobias Moat, Helen Susannah Stanley, H. Eugene Article Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new perspective on the behavior of market participants in periods of large market movements. By analyzing changes in Google query volumes for search terms related to finance, we find patterns that may be interpreted as “early warning signs” of stock market moves. Our results illustrate the potential that combining extensive behavioral data sets offers for a better understanding of collective human behavior. Nature Publishing Group 2013-04-25 /pmc/articles/PMC3635219/ /pubmed/23619126 http://dx.doi.org/10.1038/srep01684 Text en Copyright © 2013, Macmillan Publishers Limited. All rights reserved http://creativecommons.org/licenses/by-nc-sa/3.0/ This work is licensed under a Creative Commons Attribution-NonCommercial-ShareALike 3.0 Unported License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc-sa/3.0/
repository_type Open Access Journal
institution_category Foreign Institution
institution US National Center for Biotechnology Information
building NCBI PubMed
collection Online Access
language English
format Online
author Preis, Tobias
Moat, Helen Susannah
Stanley, H. Eugene
spellingShingle Preis, Tobias
Moat, Helen Susannah
Stanley, H. Eugene
Quantifying Trading Behavior in Financial Markets Using Google Trends
author_facet Preis, Tobias
Moat, Helen Susannah
Stanley, H. Eugene
author_sort Preis, Tobias
title Quantifying Trading Behavior in Financial Markets Using Google Trends
title_short Quantifying Trading Behavior in Financial Markets Using Google Trends
title_full Quantifying Trading Behavior in Financial Markets Using Google Trends
title_fullStr Quantifying Trading Behavior in Financial Markets Using Google Trends
title_full_unstemmed Quantifying Trading Behavior in Financial Markets Using Google Trends
title_sort quantifying trading behavior in financial markets using google trends
description Crises in financial markets affect humans worldwide. Detailed market data on trading decisions reflect some of the complex human behavior that has led to these crises. We suggest that massive new data sources resulting from human interaction with the Internet may offer a new perspective on the behavior of market participants in periods of large market movements. By analyzing changes in Google query volumes for search terms related to finance, we find patterns that may be interpreted as “early warning signs” of stock market moves. Our results illustrate the potential that combining extensive behavioral data sets offers for a better understanding of collective human behavior.
publisher Nature Publishing Group
publishDate 2013
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3635219/
_version_ 1611972480776273920