Twitter matters for metaverse stocks amid economic uncertainty

<p>The study examines the relationship between economic uncertainty, as measured by the Twitter-based economic uncertainty index (TEU), and Metaverse stocks across different time-frequency domains. By employing Wavelet Local Multiple Correlation analysis, we identify a substantial and statisti...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ahmet Faruk Aysan (11902115) (author)
مؤلفون آخرون: Jonathan A. Batten (17824325) (author), Giray Gozgor (9119464) (author), Rabeh Khalfaoui (7016714) (author), Zhamal Nanaeva (17824328) (author)
منشور في: 2023
الموضوعات:
الوسوم: إضافة وسم
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author Ahmet Faruk Aysan (11902115)
author2 Jonathan A. Batten (17824325)
Giray Gozgor (9119464)
Rabeh Khalfaoui (7016714)
Zhamal Nanaeva (17824328)
author2_role author
author
author
author
author_facet Ahmet Faruk Aysan (11902115)
Jonathan A. Batten (17824325)
Giray Gozgor (9119464)
Rabeh Khalfaoui (7016714)
Zhamal Nanaeva (17824328)
author_role author
dc.creator.none.fl_str_mv Ahmet Faruk Aysan (11902115)
Jonathan A. Batten (17824325)
Giray Gozgor (9119464)
Rabeh Khalfaoui (7016714)
Zhamal Nanaeva (17824328)
dc.date.none.fl_str_mv 2023-09-01T00:00:00Z
dc.identifier.none.fl_str_mv 10.1016/j.frl.2023.104116
dc.relation.none.fl_str_mv https://figshare.com/articles/journal_contribution/Twitter_matters_for_metaverse_stocks_amid_economic_uncertainty/25040045
dc.rights.none.fl_str_mv CC BY 4.0
info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Commerce, management, tourism and services
Banking, finance and investment
Metaverse stocks
Twitter-based economic uncertainty index
Wavelet local multiple correlation
Crude oil volatility
Gold volatility
dc.title.none.fl_str_mv Twitter matters for metaverse stocks amid economic uncertainty
dc.type.none.fl_str_mv Text
Journal contribution
info:eu-repo/semantics/publishedVersion
text
contribution to journal
description <p>The study examines the relationship between economic uncertainty, as measured by the Twitter-based economic uncertainty index (TEU), and Metaverse stocks across different time-frequency domains. By employing Wavelet Local Multiple Correlation analysis, we identify a substantial and statistically significant correlation between TEU and the Metaverse stock market across all time horizons examined. The positive correlation is confirmed when two alternative measures of economic uncertainty: crude oil and gold volatility, are included. The results highlight the importance of considering real-world economic uncertainty in decision-making processes involving virtual reality environments.</p><h2>Other Information</h2> <p> Published in: Finance Research Letters<br> License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.frl.2023.104116" target="_blank">https://dx.doi.org/10.1016/j.frl.2023.104116</a></p>
eu_rights_str_mv openAccess
id Manara2_8d6d7410dd06c0c885b83cb218cf134a
identifier_str_mv 10.1016/j.frl.2023.104116
network_acronym_str Manara2
network_name_str Manara2
oai_identifier_str oai:figshare.com:article/25040045
publishDate 2023
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
rights_invalid_str_mv CC BY 4.0
spelling Twitter matters for metaverse stocks amid economic uncertaintyAhmet Faruk Aysan (11902115)Jonathan A. Batten (17824325)Giray Gozgor (9119464)Rabeh Khalfaoui (7016714)Zhamal Nanaeva (17824328)Commerce, management, tourism and servicesBanking, finance and investmentMetaverse stocksTwitter-based economic uncertainty indexWavelet local multiple correlationCrude oil volatilityGold volatility<p>The study examines the relationship between economic uncertainty, as measured by the Twitter-based economic uncertainty index (TEU), and Metaverse stocks across different time-frequency domains. By employing Wavelet Local Multiple Correlation analysis, we identify a substantial and statistically significant correlation between TEU and the Metaverse stock market across all time horizons examined. The positive correlation is confirmed when two alternative measures of economic uncertainty: crude oil and gold volatility, are included. The results highlight the importance of considering real-world economic uncertainty in decision-making processes involving virtual reality environments.</p><h2>Other Information</h2> <p> Published in: Finance Research Letters<br> License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1016/j.frl.2023.104116" target="_blank">https://dx.doi.org/10.1016/j.frl.2023.104116</a></p>2023-09-01T00:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1016/j.frl.2023.104116https://figshare.com/articles/journal_contribution/Twitter_matters_for_metaverse_stocks_amid_economic_uncertainty/25040045CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/250400452023-09-01T00:00:00Z
spellingShingle Twitter matters for metaverse stocks amid economic uncertainty
Ahmet Faruk Aysan (11902115)
Commerce, management, tourism and services
Banking, finance and investment
Metaverse stocks
Twitter-based economic uncertainty index
Wavelet local multiple correlation
Crude oil volatility
Gold volatility
status_str publishedVersion
title Twitter matters for metaverse stocks amid economic uncertainty
title_full Twitter matters for metaverse stocks amid economic uncertainty
title_fullStr Twitter matters for metaverse stocks amid economic uncertainty
title_full_unstemmed Twitter matters for metaverse stocks amid economic uncertainty
title_short Twitter matters for metaverse stocks amid economic uncertainty
title_sort Twitter matters for metaverse stocks amid economic uncertainty
topic Commerce, management, tourism and services
Banking, finance and investment
Metaverse stocks
Twitter-based economic uncertainty index
Wavelet local multiple correlation
Crude oil volatility
Gold volatility