Football World Cup and Equity Markets

Football World Cup and Equity Markets

One-Year relative return in equity markets

 

source : http://www.goldmansachs.com/our-thinking/outlook/world-cup-sections/world-cup-book-2014-equity-markets.html

three line summary :  

1) On average, the victor outperforms the global market by 3.5% in the first month – a meaningful amount ( $EWG)

2) Most of the World Cup runners-up have seen their stock markets continue to underperform, with an average relative fall of 5.6% over the first three months ($ARGT)

3)  the host country has enjoyed an outperformance of its stock market in the month after the event. The average outperformance is 2.7%, ( $EWZ)

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  1. Pingback: The Whole Street’s Daily Wrap for 7/15/2014 | The Whole Street

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