24 Jan 2019 The Super Bowl Indicator supposedly predicts stock market's However, the old maxim applies: correlation does not imply causation. 29 Jan 2020 The Super Bowl indicator is a theory wherein we can predict the stock The theory claims that if the NFC team wins the stock market will finish the Correlation, however, does not equal causation, at least that's what I tell 

2 Feb 2020 I like financial crisis hindsight, spurious correlation and kittens. London hips at the Super Bowl are benchmarks in the Chinese equity market. Mere correlations pertain only to actual populations. If National League success in the Super Bowl is merely correlated with stock market decline, then we should   The authors use Granger causality to reduce the threat of spurious correlation. the pre-Super Bowl January performance of the New York Stock Exchange is  6 Jan 2020 This correlation is caused by heavy betting on the Super Bowl results. There is a correlation because game results caused stock market 

30 Jan 2020 Should stock market investors hope for a Chiefs win in Super Bowl LIV? correlation between the Super Bowl victor and the stock market, 

The Super Bowl Indicator is a superstition that says that the stock market's performance in a given year can be predicted based on the outcome of the Super   24 Jan 2019 The Super Bowl Indicator supposedly predicts stock market's However, the old maxim applies: correlation does not imply causation. 29 Jan 2020 The Super Bowl indicator is a theory wherein we can predict the stock The theory claims that if the NFC team wins the stock market will finish the Correlation, however, does not equal causation, at least that's what I tell  In 1978, sports reporter and columnist Leonard Koppett mocked the causation- correlation confusion by wryly suggesting that Super Bowl outcomes could predict  Likely Correlation. On the other hand, the Super Bowl might truly boost the economic activity in the area where it will be held and boost the stocks of local  2 Feb 2020 In contrast, the stock market is forecast to fall if the winning team is from the original This theory — dubbed the Super Bowl Predictor— has a long and ( Such as the correlation between the S&P 500 and butter production in 

5 Mar 2018 The Super Bowl Indicator says that the stock market goes up if a The correlation is made more impressive by the gimmick of counting the 

In 1978, sports reporter and columnist Leonard Koppett mocked the causation-correlation confusion by wryly suggesting that Super Bowl outcomes could predict the stock market.It backfired: Not only did people believe him, but it worked -- with frightful frequency. The Super Bowl Indicator is one of those old stock market sayings that you may hear about in the financial press. It was first introduced in 1978 by Leonard Koppett, an New York Times sportswriter. The way it’s supposed to work is pretty simple. If the NFC team wins the Super Bowl game that is a bullish indicator for the stock market and if The accuracy of the Super Bowl Indicator is just an amusing coincidence aided by the fact that the stock market usually goes up and the NFC usually wins the Super Bowl. The correlation is made While there is an interesting correlation between the Super Bowl victor and the stock market, there is, of course, no causation. The Chiefs, Steelers, Cowboys, 49ers, and Patriots simply do not have any influence on the DJIA for the year (sounds obvious, doesn’t it?). The last time the Super Bowl Indicator failed was in 2008, when the New York Giants (NFC division) won the Super Bowl (which meant stocks should’ve gone up for the year). Of course, 2008 marked the start of the Great Recession, with the stock market suffering one of the largest downturns since the Great Depression.

In 1978, sports reporter and columnist Leonard Koppett mocked the causation- correlation confusion by wryly suggesting that Super Bowl outcomes could predict 

21 Oct 2010 Sports events like the Super Bowl, the NY Mets winning the playoffs, impact the stock market, or it could just be another bizarre correlation.

Likely Correlation. On the other hand, the Super Bowl might truly boost the economic activity in the area where it will be held and boost the stocks of local companies.

2 Feb 2020 In contrast, the stock market is forecast to fall if the winning team is from the original This theory — dubbed the Super Bowl Predictor— has a long and ( Such as the correlation between the S&P 500 and butter production in  5 Mar 2018 The Super Bowl Indicator says that the stock market goes up if a The correlation is made more impressive by the gimmick of counting the  1 Feb 2020 The 49ers' Super Bowl victories have correlated with strong years for the stock market, while the Chiefs are one of only a handful of teams 

The last time the Super Bowl Indicator failed before 2016 was in 2008, when the New York Giants (NFC division) won the Super Bowl (which meant stocks should’ve gone up for the year). Of course, 2008 marked the start of the Great Recession, with the stock market suffering one of the largest downturns since the Great Depression. The correlation coefficient is a single number that indicates how two assets have behaved historically in the same setting over a specific period of time. If one asset (stock, ETF, mutual fund, etc.) goes up every time the other asset goes up — and they both go down together to the same degree as well — then they have a correlation of 1.0 Super Bowl stock market correlation If the CA IFM manual has taught me anything, it’s that market returns will be lower this year than if the 49ers had won. comment Firstly, a super bowl indicator just means that when one league’s team wins the game, the market does one thing and when the other league is victorious, the market moves differently.