Data from Google Trends could be useful for predicting the ups and downs of the Dow Jones Industrial Average, according to new research published in Scientific Reports. The new information from study authors Tobias Preis, Suzy Moat and H. Eugene Stanley showed that investing based on certain finance-related trending search terms could yield much higher returns than the average portfolio held from 2004 until 2011. The authors of the study looked at 98 finance-related search terms.
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Study: Google Trends Doubles as Dow Jones Crystal Ball
Posted by: Rachelle Dragani April 29, 2013 10:58 AMData from Google Trends could be useful for predicting the ups and downs of the Dow Jones Industrial Average, according to new research published in Scientific Reports. The new information from study authors Tobias Preis, Suzy Moat and H. Eugene Stanley showed that investing based on certain finance-related trending search terms could yield much higher returns than the average portfolio held from 2004 until 2011. The authors of the study looked at 98 finance-related search terms.