Abstract

Weather plays quite an important role in our daily life, so what interests us most is whether there is a certain relationship between extreme weather and the stock market. This paper takes the meteorological data of Shanghai Hongqiao from 2019 to 2021 and the trading volume of the Shanghai Stock Index within the same time as the research object and uses STATA data analysis software and sample linear regression analysis methods to study the weather factors mechanism of action on the stock market trading. Through the verification of regression analysis and the application of behavioral finance theory, we find that although extreme weather is extremely destructive to production and life, it does not have the expected negative effect on the stock market.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call