My brother is so cool! He has done some research on music and the stock market: specifically does the volatility in the stock market react to beat-variance? Beat-variance is how much the beat in a specific song varies – are there slow parts and then fast part and differently paced parts?
He has made the most amazing music video ever:
Phil Maymin, an assistant professor of finance and risk engineering at the Polytechnic Institute of New York University, has crunched 50 years worth of stock-market data — along with more than 5,000 hit songs. And he says heâ€™s found an inverse correlation between stock-market volatility and whether the hot music of the moment is frenetic or steady.
… Whatâ€™s more, Maymin says that it appears as if musical tastes can predict future market volatility. A strategy based on predicting market volatility from past beat variance appears profitable, on average. â€œThe model predicts that realized volatility next year will be lower than it was this year,â€ he says. Read more here.