Analysis Of Stock Return Rate in Metaverse Industry Based on Event Study Method-- Take 1,288 Sample Data as An Example

Minjing Ling

doi:10.54691/bcpbm.v20i.899

Authors

Minjing Ling

DOI:

https://doi.org/10.54691/bcpbm.v20i.899

Keywords:

Metaverse, Metaverse industry chain, Event research method, Stock return rate.

Abstract

With the rapid development of underlying technologies, interactive devices and related application development platforms, the metaverse has gradually shown great development potential [1]. In order to study the influence of the emergence of metaverse concept stocks on the entire industry market and related enterprises, this paper uses the event study method and Eviews software to analyze the stock returns of relevant sample enterprises in each link of the Metaverse industry chain, and draws the following conclusions: (1) No matter which links in the metav erse industry chain, the establishment of the metaverse concept stock reflects the performance of the stock price to a certain extent.; (2) Related enterprises in the development platforms and content and applications link have a significant response to the event day; (3) In the short term, the excess rate of return of relevant enterprises fluctuates greatly and generally shows a trend of decreasing first and then rising.

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