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06-03-2009, 04:19 PM
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#1 | | The RS Anchorman
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| Why the Penguins should win, and other offbeat market predictors
Attention Canadian investors: You really want the Pittsburgh Penguins to win the Stanley Cup.
Brock University Prof. Ernest Biktimirov found that when an Eastern Conference team, such as the Penguins, wins the Cup, Canadian stocks (TSX-I10,290.12-298.67-2.82%) tend to post a gain on the year. A Western Conference win hails a down year. The data is far from complete – it only goes back to 2000. But it's been correct six out of seven times, giving it an 85.7-per-cent success rate this decade.
For the record – the Penguins trail the Detroit Red Wings 2-1 in a best-of-seven series, as of Wednesday.
Prof. Biktimirov included the reference in a new finance textbook he authored, and acknowledged it's a pretty lightweight measure. But, he points out that Americans are fond of using the Super Bowl indicator (which says if a team from the old American Football League wins, then the markets will go down that year), and there's no reason Canadians shouldn't have a barometer of their own. http://www.theglobeandmail.com/globe...rticle1166585/ | 
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06-03-2009, 04:30 PM
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#2 | | ninja edits your posts without your knowledge
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Correlation does not imply causation.
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06-03-2009, 05:50 PM
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#3 | | G'd up! w000weee
Join Date: Jan 2002 Location: Vancouver
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| Quote:
Originally Posted by CRS  Correlation does not imply causation. | Exactly
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06-03-2009, 05:56 PM
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#4 | | Rs has made me the man i am today!
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| Quote:
Originally Posted by CRS Correlation does not imply causation. | this
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06-04-2009, 02:03 PM
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#5 | | I answer every Emotion with an emoticon
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well, maybe it is a factor. People expect it to go up or down & investors invest accordingly. So it may end up affecting the market
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Ignorance is bliss
How I wish I can remain ignorant, why do I know so much?
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06-04-2009, 10:33 PM
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#6 | | ninja edits your posts without your knowledge
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| Quote:
Originally Posted by q0192837465 well, maybe it is a factor. People expect it to go up or down & investors invest accordingly. So it may end up affecting the market | That is called a confound or a confounding variable.
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06-04-2009, 11:14 PM
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#7 | | MOD
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fuk the pens!
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06-05-2009, 01:07 AM
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#8 | | I contribute to threads in the offtopic forum
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| Quote:
Originally Posted by CRS That is called a confound or a confounding variable. | i learned this in class today
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06-05-2009, 10:54 AM
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#9 | | RS has made me the bitter person i am today!
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GO PENS GO!!!
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06-05-2009, 11:04 AM
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#10 | | Where's my RS Christmas Lobster?!
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F that, wings all the way!
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06-05-2009, 01:26 PM
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#11 | | 2013, 2016, 2017 & 2018 NHL Fantasy RS1 Champion
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WINGS FTMFW!
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06-05-2009, 05:16 PM
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#12 | | Waxin’ Punks
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What the fuck are you guys talking about?
Go Pens!
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06-05-2009, 06:12 PM
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#13 | | Banned (ABWS)
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i want the pens to win so the wings don't get two consecutive wins.
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06-06-2009, 12:23 AM
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#14 | | RS.net, where our google ads make absolutely no sense!
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i want the wings to win cause crosby is a whiny bitch
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R.I.P Jnstyles
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06-06-2009, 01:26 AM
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#15 | | RS has made me the bitter person i am today!
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FUCK HOSA!
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06-06-2009, 08:59 AM
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#16 | | Waxin’ Punks
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Originally Posted by n'drew i want the wings to win cause crosby is a whiny bitch | I'm definitely not the first to say this, but truly believe Crosby is the way he is because he's always had to play against the toughest opponents. Ever since he was a kid he's been the target. Always being played against physically by the biggest and best opponents.
I'd like to see anyone not get annoyed living their entire life with a target on their back.
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06-06-2009, 09:50 AM
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#17 | | My homepage has been set to RS
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still, he whines about a little stick to the back
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06-13-2009, 01:02 AM
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#18 | | My AFC gave me an ABS CEL code of LOL while at WOT!
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good call lol
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06-13-2009, 01:28 PM
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#19 | | The RS Anchorman
Join Date: May 2003 Location: Comics
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Time to invest in some stock   | |
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