Aleksei Chmykhov Presented the Results of the Research on the IDLAB Workshop
The results that have been achieved show that football clubs` stock value rises in the first trading day after football game in the case of victory. The loss of points causes reducing clubs` stock prices.
Absolute change of stock prices is more prominent in the case of defeat. Football investors seem to be rational, and striving to make a profit on stock prices changes.
The researchers received valuable comments for further improvement of their project.