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The Super Bowl Indicator is a spurious correlation that says that the stock market's performance in a given year can be predicted based on the outcome of the Super Bowl of that year. It was "discovered" by Leonard Koppett in 1978 [ 1 ] when he realized that it had never been wrong, until that point.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
The S&P 500 rose 14.1% and 13.4% in 1976 and 1980, respectively, but the incumbent party lost the election during both of those inflation-heavy years. View this interactive chart on Fortune.com ...
LPL Financial Chief Market Strategist Ryan Detrick joins Yahoo Finance Live to discuss the Super Bowl's historical relevancy with stock market trends, volatility, correction periods, and market ...
A good day for the offenses in this year’s Super Bowl could mean a good year for the stock market is in store, according to new data from S&P Global Market Intelligence. Super Bowls in which the ...
Financial market prediction Joseph Ensign Granville (August 20, 1923 – September 7, 2013), often called Joe Granville, was a financial writer [ 1 ] and investment seminar speaker. He is most famous for inventing [ 2 ] and developing the concept of " On-balance volume (OBV)".
For investors who are hard-core football fans, checking out what the so-called "Super Bowl indicator" says about future stock market performance can add a bit of extra entertainment value to the game.
A combinatorial prediction market is a type of prediction market where participants can make bets on combinations of outcomes. [48] The advantage of making bets on combinations of outcomes is that, in theory, conditional information can be better incorporated into the market price.