Weekend stock tokens predict Monday open, but guessing up scores 55%
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• Bitquery’s pre-futures weekend test found no clear directional edge, while Nasdaq’s proposed weekday expansion remains conditional.
• Stock tokens kept trading through weekends, but their prices did not reliably guide the next stock-market open in a new study of 121 stocks.
• 3 analysis found that Sunday token moves measured before equity-index futures reopened correctly called 54% of qualifying openings, so simply predicting that every stock would open higher scored 55%.
• More hours can give investors another opportunity to transact, but they do not show that the resulting prices predict the next opening better.
#CryptoMarket
Source - CryptoSlate
━━━━━━━━━━━━━━━━━━━━
• Bitquery’s pre-futures weekend test found no clear directional edge, while Nasdaq’s proposed weekday expansion remains conditional.
• Stock tokens kept trading through weekends, but their prices did not reliably guide the next stock-market open in a new study of 121 stocks.
• 3 analysis found that Sunday token moves measured before equity-index futures reopened correctly called 54% of qualifying openings, so simply predicting that every stock would open higher scored 55%.
• More hours can give investors another opportunity to transact, but they do not show that the resulting prices predict the next opening better.
#CryptoMarket
Source - CryptoSlate
