Cosmic Finance: Investigating the Influence of Planetary Cycles on Equity Market Behaviour

Abstract

Cosmic finance is a very novel area that is yet to be evolved as part of an interdisciplinary method of examining the possible relationship existing between planetary cycles and the action of financial markets. The research question will be to determine whether or not there exist any observable impact of astronomical cycles and movement of the planets particularly how cycles have grown to influence the equity market and mood of investors. Based on perspectives of finance, behavioral economics and the astrological cycle theory, the paper will compare the previous outcomes of the stock market and the main planetary cycles with the perspective of finding the patterns and correlation repeated. The article applies statistical tests and time-series analysis comparison as one of the methods of establishing the relationship of some of the planetary alignments with considerable market change, volatility or reversals in the trend. Even though the traditional finance theory concentrates on financial market indicators and market fundamentals, this paper considers the fact that the underlying motivation of the fitting of the investor behavior can be indirectly affected by the psychological and cultural beliefs across cosmic cycles. The conclusions will be supposed to act upon the current field of discussion regarding the odd causes of market activities and will provide a clue about the overall behavioral facets, which can impact equity market trends.