Are Alternative Social Data Predictors Useful for Effective Allocation to Country ETFs?

The part of the attention of our own research from the last few months was a little skewed on the side of countries’ indices and their corresponding ETFs representing them, and we finally conclude our “trilogy” of investigation on the efficiency of these markets. Firstly, we analyzed price-based valuation measures, and then, in November, we investigated the impact of military expenditures on the performance of international stock markets. We will wrap up this mini-series by analyzing a few additional alternative datasets containing variables we thought might be of interest in meaningfully describing each country’s societal standing — the climate change awareness index, the happiness score, the corruption perception index, and the income inequality score.

https://quantpedia.com/alternative-social-data-matrices-for-effective-allocation-to-country-etfs/