Back To The Drawing Board
If Jim Cramer can move the needle on individual stocks and Japanese housewives can sway entire sectors, do online video views drive trading volume? We set out to find out what correlation, if any, exists between online video views of major investment video blogs (Wallstrip, TheStreet, others) and the trading volume of individual stocks. The results DO NOT corroborate a strong correlation, let alone causation. The vlogs appear to ride underlying trends, and usually after the fact. All to say that here at TubeMogul, the data speaks–not us. Since many of these vlogs are entertainment-oriented, perhaps this is not surprising. Back to the drawing board!
Sphere: Related Content3 comments June 20th, 2008