Shen, Dehua; Zhang, Yongjie; Xiong, Xiong; Zhang, Wei - In: Financial innovation : FIN 3 (2017) 4, pp. 1-8
newly emerged dataset from the Internet, this paper investigates whether the Baidu Index can be employed to predict Chinese … stock returns. The empirical results show that 1) the Search Frequency of Baidu Index (SFBI) can predict next day’s price …