{"id":21883,"date":"2024-03-22T13:00:00","date_gmt":"2024-03-22T05:00:00","guid":{"rendered":"https:\/\/www.tejwin.com\/?post_type=insight&#038;p=21883"},"modified":"2024-06-19T14:42:34","modified_gmt":"2024-06-19T06:42:34","slug":"olympic-market-trends-2","status":"publish","type":"insight","link":"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/","title":{"rendered":"Is There an Olympic Market Trends? Analyzing the market trends of Taiwanese stocks and industrial stocks during the Olympic Games Using TEJ API"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-full caption-align-center\"><img fetchpriority=\"high\" decoding=\"async\" width=\"3456\" height=\"4608\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21559\" style=\"aspect-ratio:1.5;object-fit:cover\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash.jpg 3456w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash-225x300.jpg 225w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash-768x1024.jpg 768w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash-113x150.jpg 113w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash-1152x1536.jpg 1152w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/luca-dugaro-51QuDmUuySk-unsplash-1536x2048.jpg 1536w\" sizes=\"(max-width: 3456px) 100vw, 3456px\" \/><figcaption class=\"wp-element-caption\">Photo by <a href=\"https:\/\/unsplash.com\/@lucadgr?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\" target=\"_blank\" rel=\"noopener\">Luca Dugaro<\/a> on <a href=\"https:\/\/unsplash.com\/photos\/the-olympic-rings-in-front-of-the-eiffel-tower-51QuDmUuySk?utm_content=creditCopyText&amp;utm_medium=referral&amp;utm_source=unsplash\" target=\"_blank\" rel=\"noopener\">Unsplash<\/a><\/figcaption><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a111eade0ecb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a111eade0ecb\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Highlight\" >Highlight<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Preface\" >Preface<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Editing_Environment_and_Module_Requirements\" >Editing Environment and Module Requirements<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Database_Usage\" >Database Usage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#TAIEXY9999_Olympic_Market_Trends_Analysis\" >TAIEX(Y9999) Olympic Market Trends Analysis<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Data_Import_Set_up_the_function\" >Data Import &amp; Set up the function<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Data_Visualization_Analysis\" >Data Visualization Analysis<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Analysis_of_the_Olympic_Market_Trends_of_Industrial_Stocks\" >Analysis of the Olympic Market Trends of Industrial Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Capture_Olympics-related_industries\" >Capture Olympics-related industries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Data_Visualization_Analysis-2\" >Data Visualization Analysis<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/olympic-market-trends-2\/#Extended_Reading\" >Extended Reading<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Highlight\"><\/span>Highlight<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Article Difficulty\uff1a\u2605\u2606\u2606\u2606\u2606<\/li>\n\n\n\n<li>Analyze the market&#8217;s stock price, Olympic performance, and related industries in the past three Olympic Games.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Preface\"><\/span>Preface<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Compared to the 2021 Tokyo Olympics held during the pandemic, the 2024 Paris Olympics are bound to be superb following the lifting of pandemic restrictions. By analyzing the stock market performance of the major indices and relevant industries during the past three Olympic Games, we can uncover the dynamic changes in the stock market during these major sporting events. This article will use the TEJ API to explore Olympic market trends and better understand the stock market performance during the Olympic Games.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Editing_Environment_and_Module_Requirements\"><\/span><strong>Editing Environment and Module Requirements<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This article uses the Windows 11 OS and VScode as the editor.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Database_Usage\"><\/span>Database Usage<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">TWN\/APRCD1(TSE\/OTC Adjusted_Price(Daily)-Ex_R+D)<\/mark><\/li>\n\n\n\n<li><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">TWN\/AIND(TSE\/OTC Company Attribute)<\/mark><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"TAIEXY9999_Olympic_Market_Trends_Analysis\"><\/span>TAIEX(Y9999) Olympic Market Trends Analysis<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Data_Import_Set_up_the_function\"><\/span>Data Import &amp; Set up the function<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<pre class=\"wp-block-code\"><code>import tejapi\nimport pandas as pd\nimport matplotlib.pyplot as plt\nimport matplotlib.dates as mdates\n\n<code>tejapi.ApiConfig.api_key  = \"Your Key\"\n<\/code>tejapi.ApiConfig.api_base = \"https:\/\/api.tej.com.tw\"\ntejapi.ApiConfig.ignoretz = True\n<\/code><\/pre>\n\n\n\n<p>Set the <em><strong>TAIEX (Y9999) adjusted closing price function<\/strong><\/em> and the start and end dates as variables.<\/p>\n\n\n\n<pre class=\"wp-block-code\"><code>def get_TAIEX(gte , lte):\n    data = tejapi.get('TWN\/APRCD1',\n                        coid = 'Y9999',\n                        mdate = {'gte':gte, 'lte':lte},\n                        opts = {'columns':&#91;'coid', 'mdate', 'close_adj', 'roi']},\n                        paginate = True,\n                        )\n    return data<\/code><\/pre>\n\n\n\n<p>Record the dates and the years of the past three Olympic Games and convert them into <em><strong>DataFrame<\/strong><\/em> to facilitate subsequent analysis.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"846\" height=\"180\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u5967\u904b\u6703\u65e5\u671f.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21562\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u5967\u904b\u6703\u65e5\u671f.jpg 846w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u5967\u904b\u6703\u65e5\u671f-300x64.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u5967\u904b\u6703\u65e5\u671f-150x32.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/\u5967\u904b\u6703\u65e5\u671f-768x163.jpg 768w\" sizes=\"(max-width: 846px) 100vw, 846px\" \/><\/figure>\n\n\n\n<div style=\"height:18px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Data_Visualization_Analysis\"><\/span>Data Visualization Analysis<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Substitute the Olympic Games start and end dates into the <em><strong><code>get_TAIEX<\/code><\/strong><\/em> function, set the time interval to two weeks before the opening and after the closing, and mark the start and end dates on the graph. The visual chart sets the two axes as daily closing price and daily return rate (%).<\/p>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img decoding=\"async\" width=\"944\" height=\"880\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/output-5.png\" alt=\"Olympic Market Trends\" class=\"wp-image-21611\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/output-5.png 944w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/output-5-300x280.png 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/output-5-150x140.png 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/output-5-768x716.png 768w\" sizes=\"(max-width: 944px) 100vw, 944px\" \/><figcaption class=\"wp-element-caption\">Line chart of TAIEX (Y9999) stock price and rate of return (%) for the past three Olympic Games<\/figcaption><\/figure>\n\n\n\n<p>From the chart, it can be observed that the performance of the Olympics was better in 2012 and 2016, especially in the 2-3 working days leading up to the opening day, where stock prices showed an upward trend. This upward trend is more pronounced when observing the percentage (%) returns line. In 2021, the Olympic performance was comparatively weaker. However, there was still an upward trend in the 2-3 working days leading up to the opening day, albeit with less strength. It is worth noting that 2021 may have experienced greater market volatility due to the outbreak of the COVID-19 pandemic, making it more challenging to discern its impact on the stock market.<\/p>\n\n\n\n<div style=\"border: 1px black; border-style: solid none; text-align: center; border-color: #296580; padding: 24px; margin-top: 24px; margin-bottom: 24px;\">\n<p style=\"margin: 0px; font-size: 24px; font-weight: bold; line-height: 1.5;\">Start Building Portfolios That Outperform the Market!<\/p>\n<div style=\"margin-top: 32px;\"><strong><a style=\"border: none; border-radius: 4px; background-color: #296580; color: white; font-size: 20px; width: fit-content; text-decoration: none; padding: 12px 30px 12px 30px;\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/databank-solution\/market-data\/\">TEJ Market Databank<\/a><\/strong><\/div>\n<\/div>\n\n\n\n<div style=\"height:21px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Analysis_of_the_Olympic_Market_Trends_of_Industrial_Stocks\"><\/span>Analysis of the Olympic Market Trends of Industrial Stocks<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capture_Olympics-related_industries\"><\/span>Capture Olympics-related industries<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The hosting of the Olympics drives an increase in demand for related industries, making it a pivotal year for sportswear brands to showcase their capabilities, with performance inevitably growing in the Olympic years. Major international brands include Nike, GAP, Lululemon, Under Armour, Adidas, Fast Retailing, etc. This article outlines six major Olympic-related industries, including the <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">apparel, footwear, and exercise equipment industries<\/mark> influenced by sports trends, the <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">panel industry<\/mark> benefiting from increased TV demand, and the <mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">aviation and tourism industries<\/mark> influenced by tourism trends and international events. Specific companies within each industry are selected as examples.<\/p>\n\n\n\n<p>The following are Olympic-related industries selected based on TEJ Sub Industry Name<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">LCD Panel &#8211; 2409(AUO) , 3481(INX) , 6116(Hannstar)<\/mark><\/strong><\/strong><br><strong>2409(AUO), 3481(INX), and 6116(Hannstar)<\/strong> are the top three panel companies in the Taiwan stock market. The panel industry, driven by the advancement of broadcasting, will have the opportunity to benefit from the theme of this year&#8217;s large-scale sports events.<\/li>\n\n\n\n<li><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">POY, Ready-made clothes &#8211; 1402(Makalot) , 1476(FENC) , 1477(ECLAT)<\/mark><\/strong><br>1402(Makalot), 1476(FENC, and 1477(ECLAT)<\/strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"> <\/mark>are textile manufacturers for many international sports brands, such as NIKE, Adidas, Lululemon, Under Armor, GAP, UNIQLO, H&amp;M, A&amp;F, etc.<\/li>\n\n\n\n<li><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"><strong>Shoes &amp; Suitcases &#8211; 9802(KY-Fulgent Sun) , 9904(FT) , 9910(PCC)<\/strong><br><\/mark>9802(KY-Fulgent Sun), 9904(FT), and 9910(PCC)<\/strong> are shoe manufacturers for many international sports brands, such as Nike, Adidas, Asics, New Balance, Timberland, Under Armor, etc.<\/li>\n\n\n\n<li><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Exercise Equipment, Bicycle &#8211; 1515(Rexon) , 1736(JHT) , 9921(Giant)<\/mark><\/strong><\/strong><br>The Olympic Games have driven the sales of sports and fitness equipment products, including treadmills, bicycles, etc. <strong>1515(Rexon), 1736(JHT), 9921(Giant)<\/strong> are domestic fitness equipment and bicycle leaders. They will have the opportunity to bring tremendous business opportunities due to the lifting of lockdown and large-scale sports events.<\/li>\n\n\n\n<li><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Travel Agency &#8211; 2731(Liontravel) , 5706(PHX Tour)<\/mark><\/strong><\/strong><br>The tourism industry, driven by watching games <strong>2731(Liontravel) <\/strong>and <strong>5706(PHX Tour)<\/strong>, has the opportunity to benefit from the 2024 Paris Olympics.<\/li>\n\n\n\n<li><strong><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Transport by Air &#8211; 2610(CAL) , 2618(EVAAIR)<\/mark><\/strong><\/strong><br>As the 2024 Paris Olympics is an international event and the first Olympics after the pandemic is lifted, <strong>2610(CAL) <\/strong>and <strong>2618(EVAAIR)<\/strong> in the air transport industry have the opportunity to benefit.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Data_Visualization_Analysis-2\"><\/span>Data Visualization Analysis<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Substitute the <strong>start and end dates<\/strong> of the Olympic Games and the <strong>security codes<\/strong> selected in this article for the <strong><em><code>get_stock_price function<\/code><\/em><\/strong>, set the time interval to two weeks before the opening and after the closing of the Olympic Games, and mark the start and end dates of the Olympic Games on the graph.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>LCD Panel Industry<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1502\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21816\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1.jpg 1502w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1-300x211.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1-1024x720.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1-150x105.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/LCD-1-768x540.jpg 768w\" sizes=\"(max-width: 1502px) 100vw, 1502px\" \/><figcaption class=\"wp-element-caption\">LCD panel industry for the past three Olympic Games &#8211; 2409, 3481, 6116 stock market charts<\/figcaption><\/figure>\n\n\n\n<p>From the chart above, we can see that both 2016 and 2021 showed an upward trend 2 to 3 working days before the opening of the Olympic Games. Although there was no upward trend in 2012, it slowed down the original decline. There is no particular trend after the Olympic Games; some rise and some fall. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the stock market of the panel industry. Still, seeing the effect on the stock market after the Olympics ends will be difficult.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>POY, Ready-made clothes <strong>industries<\/strong><\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1515\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21818\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2.jpg 1515w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2-300x209.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2-1024x714.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2-150x105.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/clothes-2-768x535.jpg 768w\" sizes=\"(max-width: 1515px) 100vw, 1515px\" \/><figcaption class=\"wp-element-caption\">POY, Ready-made clothes industries for the past three Olympic Games &#8211; 1402, 1476, 1477 stock market charts<\/figcaption><\/figure>\n\n\n\n<p>The chart above shows an upward trend in the 2 to 3 working days before the opening of these three Olympic Games. There is no particular trend after the Olympics. Some prices rise, some fall, and the majority fall. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the stock market of the garment and textile industry. At the same time, it won&#8217;t be easy to see the effect on the stock market after the Olympic Games ends.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Shoes &amp; Suitcases<\/strong> <strong>industry<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1518\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21820\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes.jpg 1518w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes-300x209.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes-1024x712.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes-150x104.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/shoes-768x534.jpg 768w\" sizes=\"(max-width: 1518px) 100vw, 1518px\" \/><figcaption class=\"wp-element-caption\">Shoes &amp; Suitcases industry of the past three Olympic Games &#8211; 9802, 9904, 9910 stock market charts<\/figcaption><\/figure>\n\n\n\n<p>From the picture above (9802 was only listed in October 2012, so the upper left image is empty), it can be seen that in 2012 and 2016, there was an upward trend 2 to 3 working days before the opening of the Olympic Games. Although there was no noticeable increase in 2021, the upward trend slowed down the original decline. There is no particular trend after the Olympic Games; some rise and some fall. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the shoemaking industry stock market. Still, it won&#8217;t be easy to see the effect on the stock market after the Olympics ends.<\/p>\n\n\n\n<div style=\"height:12px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size\" style=\"font-size:20px\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/databank-solution\/market-data\/\" style=\"border-radius:16px;background:linear-gradient(135deg,rgb(160,209,216) 0%,rgb(51,145,181) 50%,rgb(50,95,191) 100%)\"><strong>Access to Comprehensive Industrial Market Data<\/strong><br><strong>Start Building Portfolios That Outperforms the Market Today!<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:12px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Exercise Equipment, Bicycle industries<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1502\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21822\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1.jpg 1502w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1-300x211.jpg 300w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1-1024x720.jpg 1024w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1-150x105.jpg 150w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/sport-1-768x540.jpg 768w\" sizes=\"(max-width: 1502px) 100vw, 1502px\" \/><figcaption class=\"wp-element-caption\">Exercise Equipment, Bicycle industries for the past three Olympic Games &#8211; 1515, 1736, 9921 stock market charts<\/figcaption><\/figure>\n\n\n\n<p>The chart above shows an upward trend in the 2 to 3 working days before the opening of the three Olympic Games, which was the most significant in 2012. There is no particular trend after the Olympic Games. Some prices rise, and some fall, but most prices rise. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the stock market of the sports equipment industry. Still, seeing the effect on the stock market after the Olympics ends will be difficult.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Travel Agency industry<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1009\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21824\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012.jpg 1009w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012-287x300.jpg 287w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012-978x1024.jpg 978w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012-143x150.jpg 143w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/travel_2012-768x804.jpg 768w\" sizes=\"(max-width: 1009px) 100vw, 1009px\" \/><figcaption class=\"wp-element-caption\">Travel Agency industry for the past three Olympic Games &#8211; 2731, 5706 stock market chart<\/figcaption><\/figure>\n\n\n\n<p>The above figure shows an upward trend in the 2 to 3 working days before the opening of these three Olympic Games. There is no particular trend after the Olympic Games and most fall. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the tourism industry&#8217;s stock market. At the same time, it won&#8217;t be easy to see the effect on the stock market after the Olympics ends.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Transport by Air industry<\/strong><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full caption-align-center\"><img loading=\"lazy\" decoding=\"async\" width=\"999\" height=\"1056\" src=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1.jpg\" alt=\"Olympic Market Trends\" class=\"wp-image-21826\" srcset=\"https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1.jpg 999w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1-284x300.jpg 284w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1-969x1024.jpg 969w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1-142x150.jpg 142w, https:\/\/tejwin20260323.j.webweb.today\/wp-content\/uploads\/air-1-768x812.jpg 768w\" sizes=\"(max-width: 999px) 100vw, 999px\" \/><figcaption class=\"wp-element-caption\">Transport by Air industry for the past three Olympic Games &#8211; 2610, 2618 stock market charts<\/figcaption><\/figure>\n\n\n\n<p>It can be seen from the above figure that there is an upward trend in the 2 to 3 working days before the opening of these three Olympic Games. There is no particular trend after the Olympics. For example, prices fell after the Olympics closed in 2021, while prices rose in 2012 and 2016. From this, we can speculate that the opening of the Olympic Games will have a short-term positive impact on the aviation industry&#8217;s stock market. After large-scale international competitions, it won&#8217;t be easy to see the effect on the stock market after the Olympics.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>From observing the TAIEX and individual stocks in related industries during the past three Olympic Games, we noticed <strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">a general uptrend in stock prices in the 2-3 working days leading up to the opening day. <\/mark><\/strong>This trend was particularly significant in 2012 and 2016, while 2021 may have been affected by the pandemic. However, after the Olympics concluded, the stock market performance became more unstable, with some stocks rising and others falling. Overall, this suggests that<strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\"> the opening of the Olympics has a specific short-term positive impact on the TAIEX<\/mark><\/strong> and the stock market of the industries mentioned in this article. However, the post-Olympic impact is more challenging to predict. In the long run, the Olympics are just a singular event in the holding period, so it&#8217;s best to base investment decisions on factors such as company fundamentals, competitive advantages, and other considerations.<\/p>\n\n\n\n<p>This implementation analyzes Olympic Market Trends using the TEJ API. Using the data provided by TEJ API, we can implement various types of analysis as far as we can imagine. This approach saves time and effort and furnishes investors with a more diversified evaluation method. Explore more related solutions in&nbsp;<a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/databank-solution\/market-data\/\" class=\"ek-link\">TEJ Market Data<\/a>. Construct your trading strategy with a high-quality database.<\/p>\n\n\n\n<p>Reminder: <strong>The strategy is only for reference and does not represent recommendations or advice on financial products and investments.<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size\" style=\"font-size:20px\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/databank-solution\/market-data\/\" style=\"border-radius:16px;background:linear-gradient(135deg,rgb(255,234,148) 0%,rgb(106,215,179) 50%,rgb(33,139,194) 100%)\"><strong>Access to Comprehensive <strong>Industrial Market <\/strong>Data<\/strong><br><strong>Start Building Portfolios That Outperforms the Market Today!<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:15px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Extended_Reading\"><\/span>Extended Reading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/election-market-trend\/\" class=\"ek-link\"><\/a><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/election-market-trend\/\" class=\"ek-link\">Research on Presidential Election Market Trend<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/insider-transfers\/\" class=\"ek-link\"><\/a><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/insight\/insider-transfers\/\" class=\"ek-link\">Analysis of Stock Price Changes Due to Insider Transfers<\/a><\/li>\n<\/ul>\n\n\n\n<p style=\"font-size:26px\"><strong>About us<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/tejwin20260323.j.webweb.today\/en\/\" class=\"ek-link\">TEJ Website<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.linkedin.com\/company\/taiwan-economic-journal-co-ltd-\/\" target=\"_blank\" rel=\"noreferrer noopener\" class=\"ek-link\">LinkedIn<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>By analyzing the stock price performance of the market and related industries during the past three Olympic Games, we can reveal the Olympic market trends of the stock market during the events.<\/p>\n","protected":false},"featured_media":21560,"template":"","tags":[2904,2572,2573,2574,2371,2640],"insight-category":[690,50],"class_list":["post-21883","insight","type-insight","status-publish","has-post-thumbnail","hentry","tag-beginners-guide","tag-data-analysis","tag-data-science","tag-data-visualization","tag-python","tag-tej-api","insight-category-data-analysis","insight-category-fintech"],"acf":[],"_links":{"self":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/21883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":8,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/21883\/revisions"}],"predecessor-version":[{"id":24369,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight\/21883\/revisions\/24369"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media\/21560"}],"wp:attachment":[{"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/media?parent=21883"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/tags?post=21883"},{"taxonomy":"insight-category","embeddable":true,"href":"https:\/\/tejwin20260323.j.webweb.today\/en\/wp-json\/wp\/v2\/insight-category?post=21883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}