Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534
Deprecated: Implicit conversion from float 209.6 to int loses precision in C:\Inetpub\vhosts\kidney.de\httpdocs\pget.php on line 534 SN+Comput+Sci 2021 ; 2 (1): 27 Nephropedia Template TP
gab.com Text
Twit Text FOAVip
Twit Text #
English Wikipedia
A Statistical Analysis of Impact of COVID19 on the Global Economy and Stock Index Returns #MMPMID33458697
SN Comput Sci 2021[]; 2 (1): 27 PMID33458697show ga
The outbreak of pandemic COVID-19 across the world has completely disrupted the political, social, economic, religious, and financial structures of the world. According to the data of April 22nd, 2020, more than 4.6 million people have been screened, in which the infection has made more than 2.7 million people positive, in which 182,740 people have died due to infection. More than 80 countries have closed their borders from transitioning countries, ordered businesses to close, instructed their populations to self-quarantine, and closed schools to an estimated 1.5 billion children. The world's top ten economies such as the United States, China, Japan, Germany, United Kingdom, France, India, Italy, Brazil, and Canada stand on the verge of complete collapse. In addition, stock markets around the world have been pounded, and tax revenue sources have fallen off a cliff. The epidemic due to infection is having a noticeable impact on global economic development. It is estimated that by now the virus could exceed global economic growth by more than 2.0% per month if the current situation persists. Global trade may also fall from 13 to 32% depending on the depth and extent of the global economic slowdown. The full impact will not be known until the effects of the epidemic occurred. This research analyses the impact of COVID-19 on the economic growth and stock market as well. The aim of this research is to present how well COVID-19 correlated with economic growth through gross domestic products (GDP). In addition, the research considers the top five other tax revenue sources like S&P500 (GPSC), Crude oil (CL = F), Gold (GC = F), Silver (SI = F), Natural Gas (NG = F), iShares 20 + Year Treasury Bond (TLT), and correlate with the COVID-19. To fulfill the statistical analysis purpose this research uses publically available data from yahoo finance, IMF, and John Hopkins COVID-19 map with regression models that revealed a moderated positive correlation between them. The model was used to track the impact of COVID 19 on economic variation and the stock market to see how well and how far in advance the prediction holds true, if at all. The hope is that the model will be able to correctly make predictions a couple of quarters in advance, and describe why the changes are occurring. This research can support how policymakers, business strategy makers, and investors can understand the situation and use the model for prediction.
free
free
free
SN+Comput+Sci 2021 ; 2 (1): 27
