Baseball and Finance: An Application to Atlanta Braves Stock
摘要
This paper examines the short-term relationship between Atlanta Braves’ MLB 2024 season performance and BATRA stock returns. The analysis is based on a handmade dataset of 162 observations with 58 variables. In the present case study it will be shown the use of statistical regression and backward model selection techniques, such as AIC and BIC. The key finding that the study managed to evidence is that external market trends seem to be more important than game-specific indicators.