Unleashing the Power of AI in Finance: The New Intelligence
When the remarkable ChatGPT entered the scene last year, it was only a matter of time before this breakthrough AI technology found its way into the world of finance. And it didn’t take long. A recent ZDNet headline revealed that 47% of Americans surveyed were already using ChatGPT for stock market predictions, with 45% being comfortable relying solely on ChatGPT for stock picking.
This data provides an intriguing look at the demographic breakdown of ChatGPT users: 53% Gen Z, 50% millennials, 25% baby boomers, 77% high-income Americans, 43% middle-income Americans, and 23% low-income Americans. But what about the performance of ChatGPT in the stock market?
Well, in a hypothetical scenario where 38 stocks chosen by ChatGPT were compared to the top 10 British funds, ChatGPT outperformed them on 34 out of 39 market open days. It’s clear that ChatGPT’s potential in stock market predictions surpasses its ability to whip up recipes or write love poems.
However, while ChatGPT is revolutionizing AI investing for many, TradeSmith, a pioneer in the field, does not consider it a game-changer. TradeSmith has been utilizing machine learning, automated systems, and advanced algorithms in their tools for years. In fact, they’ve recently taken things to a whole new level with their groundbreaking project known as the “New Intelligence.”
TradeSmith’s New Intelligence is driven by AI and utilizes a revolutionary predictive market algorithm. It has the ability to accurately predict the future value of stocks. Imagine knowing that a certain stock will be 10% more valuable in a month’s time or 10% less valuable. Armed with this information, you can make informed decisions about buying or avoiding stocks. And that’s exactly what the New Intelligence offers.
To demonstrate the power of the New Intelligence, let’s take a look at one of its predictions from last year concerning Ameren Corp. (AEE). The New Intelligence accurately predicted Ameren’s stock price one week, one month, and two months later. Its predictions were almost spot-on, proving that this system has an edge that most investors lack.
TradeSmith’s back-tests and the New Intelligence’s performance since its launch show an impressive 82% accuracy rate in predicting a stock’s value in 21 trading days. By holding onto stocks predicted to move higher and avoiding those predicted to go down, investors can confidently navigate market volatility and potentially earn better returns. This could mean securing your financial future and retiring comfortably.
But the New Intelligence doesn’t stand alone. In fact, during the AI Breakthrough event on Thursday, October 12 at 7 p.m. Eastern, renowned investor Tim Ferris will reveal how he combines the New Intelligence with his own system to find the best opportunities in the stock market. This event provides a unique opportunity to gain insights into Ferris’s stock-picking strategies and learn how to make the most of the New Intelligence.
Ferris’s approach to stock-picking is akin to buying a car. He meticulously examines various factors, such as gas mileage, warranty, horsepower, and safety features. Similarly, he evaluates stocks by delving into eight key fundamentals among the 6,000 stocks he studies each week. These fundamentals provide valuable insights into a company’s performance and its potential for market-beating returns.
For the first time ever, Ferris combines his tried-and-tested system with TradeSmith’s New Intelligence. This merger of traditional stock analysis and predictive AI power has the potential to revolutionize the way investors make decisions. While ChatGPT’s success as a stock picker remains uncertain, TradeSmith’s back-tests indicate that its system boasts an impressive 82% accuracy rate.
To give investors a taste of the New Intelligence’s potential, TradeSmith is currently offering free access to the system for the top 25-ranked stocks. However, this offer is only available until October 12. So reserve your spot for the AI Breakthrough event now to take advantage of this opportunity and witness the remarkable capabilities of the New Intelligence.
In conclusion, the fusion of AI and investing has the potential to transform the financial landscape. ChatGPT may have paved the way, but TradeSmith’s New Intelligence brings a new level of accuracy and insight to the table. Join Tim Ferris on Thursday, October 12, at 7 p.m. Eastern, and discover how this revolutionary system can help you maximize your stock market returns while minimizing risk.
Editor Notes: Unlocking the Potential of AI in Finance
The integration of AI technology in the world of finance has been a game-changer for many investors. ChatGPT, an AI-powered language model, has proven its worth not only in various applications but also in the stock market. However, with the introduction of TradeSmith’s New Intelligence, the game is about to change again.
Combining the predictive power of AI with traditional stock analysis, TradeSmith’s New Intelligence aims to provide investors with unprecedented insights and accuracy. As the Editor of Market 360, I am excited to see how this innovative system will influence the future of investing.
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