AI Powered Stock Prediction Shows 86% Accuracy
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We recently completed an analysis (February 2024) of our AI powered stock charts accuracy with trades. We analyzed all the 1,022 stocks we currently track over the last 8 months. We chose eight months because that is how the many months our short term AI powered stock chart shows. We only looked at green to yellow or green to red signals looking for long trades. Starting the trade when the AI powered stock chart enters green zone and exiting when entering yellow or red zone. Our prediction accuracy analysis revealed 887 stocks of the 1022 averaged more than 0% return (86%) on all the trade signals for the stock. This analysis did not take into account the long term trend of the stocks. Below are some tables of the top 10, bottom 10 and random selection of avg returns per tarde.
Top 10 AI Stock Prediction Accuracy
Bottom 10 AI Stock Prediction Accuracy
Random AI Stock Prediction Accuracy
We are unaware of a single AI stock predictor that's universally recognized as the most accurate, because the accuracy of these predictors can vary depending on various factors such as the quality of data, the sophistication of the algorithms used, and the constantly changing nature of financial markets. Some AI-driven stock prediction models claim high accuracy rates, but it's essential to approach such claims with caution and consider factors like backtesting methodologies and real-world performance.
Please remember that while AI can assist in making predictions, no method can guarantee accurate predictions all the time due to the inherent uncertainty and complexity of financial markets. It's advisable to use AI predictions as one of many tools in your investment research toolkit and to exercise caution and skepticism when relying solely on automated predictions for investment decisions. Additionally, consulting with financial professionals and conducting thorough research is always recommended before making any investment decisions.
