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Ekonomika poljoprivrede
2021, vol. 68, br. 1, str. 203-211
Google trends as predictor of grain prices
(naslov ne postoji na srpskom)
Gómez Martínez Raúl ORCID, Orden-Cruz Carmen ORCID, Prado Román Camilo
Rey Juan Carlos University, Paseo de los Artilleros, Madrid, Spain

e-adresa: raul.gomez.martinez@urjc.es, carmen.delaorden@urjc.es, camilo.prado.roman@urjc.es
Ključne reči: google trends; grains price; algorithmic trading system
Sažetak
(ne postoji na srpskom)
This paper examines the predictive power of Google trends on the grain's futures price movement. The aim was to validate if an algorithmic trading system designed was profitable and able of beating the market. In the research was used data from soybean futures and corn futures, both contracts are listed in the Chicago Mercantile Exchange. The results of the research show that its forecasting power is high when predicting soybean futures and corn futures prices. According to the findings, the formulation of such predictive analysis is a good option for individual traders, investors, and commercial firms.
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O članku

jezik rada: engleski
vrsta rada: pregledni članak
DOI: 10.5937/ekoPolj2101203G
primljen: 22.03.2020.
prihvaćen: 01.02.2021.
objavljen u SCIndeksu: 09.04.2021.
metod recenzije: dvostruko anoniman
Creative Commons License 4.0

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