Sport Index: Labor force and sports performance correlation.

The question is simple: could be a correlation between the sports performance of a national sports team and the labor force quality of the country?

The bottom line is the National sports teams are a reflection of their nation´s society , therefore there should be a way to correlate the national sport team performance with the quality of the workforce available in the country.

So, we decided to create a sport index for the latest soccer World Cup in Russia 2018.

The index called $FootXball was composed by the seven former world cup champions participating in the tournament. We had the same intention with the Sport Index $FootXball than a financial index fund, to mitigate the risk of the investment by the diversification of the portfolio.

The World Cup had eight groups fixed by four national teams each one, therefore our $FootXball index increased the probability ( for our group of teams) to classify to the next round, since each former champion is the head of their group, in the following simple way: P1= 7/32 ; P2 = 1/32

P1 > P2.

Now, the most complex part is how to allocate your assets among the seven selected teams in order to get the maximum return of the investment or to avoid any potential lost.

We decided to adapt the business logic for the allocation of assets to the particular conditions of the world cup, in order to take the decision in regards on how to distribute the money among the seven selected teams.

Four out of the seven teams were part of the developed world and the other three were part of the emerging economies, in addition one of the teams was part of the G7 as well. Of course we were able to adjust the allocation in real time along with the world cup results flow to optimize the investment.

We determined coefficients for each team based in their sports past performance, the value of the team, the current status of their economies, the geopolitical influence and the current status of their stock markets.

Finally, two of the former champions got access to the semi-finals and one of them was the World Cup champion. In this way, our sport index $FootXball got a 8,4% return of investment (ROI) for the 30 days of the tournament duration.

We are starting the task to determine the correlation between any national sport team and their country labor force, but we can anticipate some of the coefficients ( although not their value yet) that will play an important role in the formula:

S = The size of the labor force available

I = GDP per capita

R= R&D average budget in the sector

Sp= Seasoned private sponsors available

E= Educational resources available

F= Family culture, family mentors and family spirit.

If= High quality infrastructure available

Rw= Real awards and incentives available

H = Environment and health

T= Solid long term policies

U= High level universities and top notch campus

Mi= Management with international experience available.

D= Dynamic of the economy

The subject is very interesting, since the companies or any nation could apply a similar strategy used by a soccer team to reach and win the World Cup to increase their performance and to reach tangible and measurable goals every month.