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Google trends can predict the market

Discussion in 'BlackHat Lounge' started by yoyo33, Apr 27, 2013.

  1. yoyo33

    yoyo33 Regular Member

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    Hello BHW! I'm impressed by this article: http://www.forbes.com/sites/davidle...ger-now-google-trends-can-predict-the-market/

    In 2010 a similar research revealed that Google Trends was not good to predict stocks.
    But, in 2013 Google Trends is much better! According to the article, the researchers increased their virtual stock with 326 percent vs 16 percent using traditional ways.... This means 20x more money.

    Not yet impressed? Just look at this magnificent image:

    GoogTrendsFord2009.jpg (image copyright by forbes.com... i hope it's ok to embed it here)

    Now it's a good time to be creative and use Google Trends to improve our businesses :)
     
    • Thanks Thanks x 2
  2. Ville

    Ville Newbie

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    Thanks for the link to the article.
     
  3. omnipotent$

    omnipotent$ Regular Member

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    Great find yoyo33.
     
  4. kuzmanin

    kuzmanin Regular Member

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    Now we know why Google have so much money :)