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...
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Nature Publishing Group
2013
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Online Access: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3635219/ |
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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/ |
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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/ |
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1611972480776273920 |