Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

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The Impact of 5G-Relevant Factors on the Stock of Media Industry Based on Multivariate Regression

Authors
Hongbin Shi1, *, Xiaoyang Yuan2
1Tourism College, Hainan University, Hainan, China
2School of Logistics and E-commerce, Zhejiang Wanli University, Ningbo, China
*Corresponding author. Email: 171847285@masu.edu.cn
Corresponding Author
Hongbin Shi
Available Online 20 December 2022.
DOI
10.2991/978-94-6463-030-5_78How to use a DOI?
Keywords
5G Industry; Stock Prediction; Multivariate Regression
Abstract

Contemporarily, the 5G technology is rapidly, and the media industry (e.g., Tiktok and micro-blog software) are growing rapidly and playing an increasingly important role in society. Intrinsically, the media and 5G technology industries might have a strong correlation with each other in stock market. On this basis, we analyze the time-series data of the corresponding underlying assets to investigate the relationship in deep. Based on the regression analysis, there is a positive correlation between the income impact of 5G network sector stocks and media sector stocks. To quantitively explore and analyze the situation of the media sector in the stock market, multivariate regression models are constructed. According to the statistical metrics, the factors will greatly affect the stock price and can be used to improve the performance of the corresponding models. Overall, these results shed light on stock price prediction of media industry in terms of the 5G relevant information.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
10.2991/978-94-6463-030-5_78
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_78How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hongbin Shi
AU  - Xiaoyang Yuan
PY  - 2022
DA  - 2022/12/20
TI  - The Impact of 5G-Relevant Factors on the Stock of Media Industry Based on Multivariate Regression
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 791
EP  - 799
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_78
DO  - 10.2991/978-94-6463-030-5_78
ID  - Shi2022
ER  -