09-06-2025, 02:08 PM
Yeah, music is context specific, not just on an individual level but on a society-wide level.
https://sites.gatech.edu/econjournal/202...e-economy/
This paper found that music mood is correlated to stock returns in the same week and anti-correlated to returns the next week.
https://www.sciencedirect.com/science/ar...5X21003718
BC
https://sites.gatech.edu/econjournal/202...e-economy/
This paper found that music mood is correlated to stock returns in the same week and anti-correlated to returns the next week.
Quote:We find that music sentiment is positively correlated with same-week equity market returns and negatively correlated with next-week returns, consistent with sentiment-induced temporary mispricing.
https://www.sciencedirect.com/science/ar...5X21003718
BC