Dynamic Cross-Correlation between Online Sentiment and Stock Market Performance: A Global View

Table 1

Descriptive statistics: DHS and return (%) of financial market indices.

	Obs.	Mean	Std.	Min	25%	Median	75%	Max
DHS	4002	6.021	0.046	5.774	5.987	6.020	6.053	6.357
S & P500	2758	0.040	1.242	−9.035	−0.374	0.065	0.551	11.580
NASDAQ	2758	0.056	1.341	−9.142	−0.455	0.096	0.681	11.806
FTSE	2663	0.017	0.904	−4.838	−0.434	0.024	0.515	3.840
DAX	2640	0.033	1.406	−7.073	−0.565	0.069	0.675	11.402
FCHI	2787	0.020	1.421	−9.037	−0.618	0.037	0.686	11.176
Nikkei	2644	0.031	1.548	−11.406	−0.659	0.068	0.811	14.150
KOSPI	2648	0.022	1.182	−10.571	−0.460	0.040	0.586	11.946
BVSP	2640	0.037	1.707	−11.393	−0.846	0.030	0.904	14.656
MXX	2726	0.025	1.162	−7.008	−0.510	0.036	0.573	11.005
BSE	2734	0.039	1.278	−10.956	−0.556	0.055	0.635	17.339
JKSE	2736	0.060	1.248	−10.690	−0.478	0.100	0.640	7.640