Cryptocurrency Q&A
How does the moon affect trading?
How does the moon affect trading?
CryptoQueen
Tue Dec 03 2024
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5 answers
1219
I've heard that the moon has some kind of influence on trading, but I'm not sure how. Can someone explain the potential effects of the moon on trading activities, and if there's any evidence to support this?
5 answers
ShintoBlessing
Thu Dec 05 2024
This amounts to approximately a 5% annualized difference compared to the 15 days around the new moon.
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BonsaiGrace
Thu Dec 05 2024
When a narrower 7-day window is considered, the disparity becomes even more pronounced.
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henry_harrison_philosopher
Thu Dec 05 2024
On days of the full moon, stock returns average 6 basis points lower daily, translating to roughly a 4% annualized decline compared to new moon days.
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Stefano
Thu Dec 05 2024
Stock returns demonstrate a noticeable pattern related to lunar phases.
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TaegeukChampionCourage
Thu Dec 05 2024
Specifically, during the 15 days surrounding the full moon, stock returns are consistently lower by an average of 4 basis points daily.
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