Stock market analysis can be a highly complex, multidimensional task, but it can become less daunting with artificial intelligence and machine learning. Artificial intelligence and machine learning can help gather unbiased information, data crunching, data classification, stock analysis, and pattern recognition.
We have curated a list of the top eight AI-powered tools that can help make trading stocks easier.
Kavout is a data-driven investing program that offers equity factors and signals that are timely and cost-effective. The program’s main feature is a derived equity rating score called the K-score that ranges between 0 to 9. K-score is obtained by the analysis of over 200 factors and signals, including fundamental, price/volume and alternative data. A high K-score means a higher chance of outperformance of the stock. The software uses AI-based pattern recognition technology to recommend stocks daily. The product applies deep thinking, deep data, and deep discovery technologies to detect anomalies and predict a trend.
Auquan is a data science platform for asset managers and hedge funds. The AI-based software looks for non-obvious connections, news, lookahead bias, and any other online data that might affect investment decisions and prevents catastrophic losses. The machine learning tech identifies opportunities ahead of the market and saves time.
EquBot’s platform uses machine learning algorithms, knowledge graphs, and IBM’s Watson natural language processor. In particular, EquBot’s AI platform integrated with IBM Watson helps global investment professionals to deliver better outcomes through portfolios-as-a-service (PaaS).
EquBot’s features make data crunching easier and faster. It delivers AI portfolios, indexes, and signals on-demand and processes millions of news stories, social media posts, and financial statements over the internet every day to make predictions accurate.
Trade Ideas platform can perform tasks such as stock trading, opportunity detection, and back-testing. Its algorithms make strategies in a short time to help users identify possible beneficial trades. Their AI watches every stock and ETF to identify opportunities in real-time. Constant analysis and testing of data help in fine-tuning trading algorithms.
‘The Box’ AI-based system identifies and alerts the trader of opportunities in real-time. Besides deep scanning the market, the algorithm also scans for deep-pool activities. With the program, a user also gets access to a private chat group that where alerts and opinions are posted. The trading system comes with a pre-market scanner that scans the market for most active stocks and indicates the volatility of every stock.
It is a unique set of integrated tools that help with technical analysis of markets and reduce the grunt work of traders. Artificial intelligence-based software generates “smart charts” that contain predictions for profitable trading opportunities. A trader can back-test its trading opportunities with 27 years of data. It helps find and plan trades with greater efficiency.
Trading Technologies offers all styles of trading tools like click trading, algo trading, options trading, and speed trading. Its program has connectivity to world markets and even private liquidity markets. The AI-powered tool analyses historical and real-time data along with surveillance for future and present risks. The program also runs a pre-trade check and portfolio analysis to execute a trade to make profits for the user efficiently. The risk management feature of the program is one of its highlights.
The program leverages artificial intelligence to uncover patterns between securities and capital market expectations. It also utilises machine learning to automate the process of buying and selling securities. The company offers end-to-end artificial intelligence & robotic process automation services from the beginning of its development to a complete product. The technology assists investment analysis for decision making.