---
title: Foreign Signals and Stock Prices
url: https://www.ml-quant.com/papers/ssrn/4823092/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4823092
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4823092
featured: 2024-05-15
citations: unknown
topic: Portfolio & Allocation
---


# Foreign Signals and Stock Prices

Machine learning algorithms can predict daily U.S. stock returns based on foreign market signals, with a portfolio based on these predictions yielding abnormal returns of 5.77 basis points daily.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4823092
- Identifier: SSRN 4823092
- Released: 2024-05-09
- First featured: Quant Letter No. 49 (2024-05-15): https://www.ml-quant.com/issues/2024-05-15/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation

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