Summary statistics of the variables used in the econometric analyses, when aggregation frequency is 12 h
| Variable | Description | Obs. | Mean | Std. Dev. | Min | Max |
|---|---|---|---|---|---|---|
| btc_voli,t | Number of tweets related to the technology (Bitcoin) for firm i at time t | 1,310 | 8.754 | 54.988 | 0 | 895 |
| rest_vol,t | Number of tweets un-related to technology for firm i at time t | 1,310 | 24.782 | 40.399 | 0 | 483 |
| news_nr,t | Number of news related to technology (Bitcoin) for firm i at time t | 1,310 | 5.928 | 19.548 | 0 | 222 |
| btcsenfavg,t | Average sentiment score of the tweets related to the technology (Bitcoin) for firm i at time t | 1,310 | 0.056 | 0.185 | −1 | 1 |
| Restsenfavg,t | Average sentiment score of the tweets un-related to the technology for firm i at time t | 1,310 | 0.105 | 0.184 | −0.66 | 1 |
| Description | Obs. | Mean | Std. Dev. | Min | Max | |
|---|---|---|---|---|---|---|
| Number of tweets related to the technology (Bitcoin) for firm | 1,310 | 8.754 | 54.988 | 0 | 895 | |
| Number of tweets un-related to technology for firm | 1,310 | 24.782 | 40.399 | 0 | 483 | |
| Number of news related to technology (Bitcoin) for firm | 1,310 | 5.928 | 19.548 | 0 | 222 | |
| Average sentiment score of the tweets related to the technology (Bitcoin) for firm | 1,310 | 0.056 | 0.185 | −1 | 1 | |
| Average sentiment score of the tweets un-related to the technology for firm | 1,310 | 0.105 | 0.184 | −0.66 | 1 |
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