Overview of Google Trends
– Google Trends allows users to compare search volume between terms.
– Originally, Google neglected updating Google Trends regularly.
– In 2012, Google Insights for Search was merged into Google Trends.
– Yossi Matias et al. published research on the predictability of search trends in 2009.
– Seth Stephens-Davidowitz used Google Trends to measure behaviors and analyze cultural differences.
Applications of Google Trends
– Google Trends offers Insights for Search, a tool for marketers.
– Insights for Search allows tracking of words and phrases typed into Google’s search box.
– The tool provides in-depth analysis and categorization of data.
– Google Trends data can be used for forecasting economic indicators and financial markets.
– It is increasingly used in ecological and conservation studies.
Google Trends in Healthcare and Medical Research
– Google Trends is used to study various medical topics such as tobacco substitutes, suicide occurrence, asthma, and parasitic diseases.
– It shows the influence of films like ‘An Inconvenient Truth’ on public interest.
– Google Trends data has been used to track influenza-like illness and estimate weekly influenza activity.
– It has been used to study changes in the timing of biological processes and patterns of biological invasion.
– Further research can extend the utility of Google Trends in healthcare.
Google Trends in Climate and Environmental Issues
– Google Trends data shows the influence of Al Gore’s film ‘An Inconvenient Truth’ on public interest in the term ‘climate crisis.’
– Governments have made climate emergency declarations in larger numbers.
– Google Trends data correlates with transaction volumes of company stocks.
– Internet users from countries with higher GDP search more for information about the future.
– There may be a relationship between a country’s economic success and its citizens’ online information-seeking behavior.
Google Trends in Stock Market and Financial Analysis
– Google Trends data can be used to identify online precursors for stock market moves.
– Increases in search volume for financially relevant terms tend to precede large losses in financial markets.
– The analysis of Google search volume for various terms suggests predictability of financial markets.
– The methodology has been tested with unrelated search words and found to provide equally good predictability.
– A study compared Google Trends to political polling and found a relationship between polling numbers and Google searches. Source: https://en.wikipedia.org/wiki/Google_Trends
