The Super Bowl Indicator is a superstition saying that the stock market performance in a given year can be predicted based on the results of the Super Bowl that year. It was "discovered" by Leonard Koppett in the 70s when he realized that it was never wrong, until then. This pseudo-macro economic concept states that if a team from the American Football Conference (AFC) wins, it will be a bear market (or market down), but if the team of the National Football Conference (NFC) or team in the NFL before the NFL/AFL merger win, it will be a bull market (up market).
Video Super Bowl indicator
Data
Maps Super Bowl indicator
Accuracy
Since January 2017, the indicator has been right 40 out of 50 times, as measured by the S & amp; P 500 - 80% success rate. However, since a certain football league won the Super Bowl and the US stock market has no real relationship, this is just a coincidence. Therefore, there is no reason to expect it will serve as a predictor of future bull markets.
See also
- January barometer
- Calendar effect
References
Source of the article : Wikipedia
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