Product Overview of FinBrain
FinBrain Technologies is a cutting-edge financial analytics and prediction platform that leverages advanced Artificial Intelligence (AI), Deep Learning algorithms, and alternative data to provide precise and reliable forecasts for various financial assets. Here’s a detailed look at what FinBrain does and its key features and functionality.
Core Functionality
FinBrain’s primary function is to analyze large datasets of financial information, including stock prices, technical indicators, news sentiment, and market data, to generate accurate predictions for future price movements. The platform utilizes Deep Neural Networks (DNNs) and Digital Signal Processing algorithms to learn from historical data, extract time series correlations, and predict future outcomes for stocks, commodities, foreign currencies, indices, ETFs, and cryptocurrencies.
Key Features
Predictive Performance
FinBrain’s AI algorithms have demonstrated remarkable accuracy in predicting stock movements. For instance, in a recent case study, FinBrain’s AI predicted a 6.15% increase in Bank of America’s stock price over a 10-day period, with the actual increase being 5.33%, showcasing a high degree of precision.
Advanced Algorithmic Trading Bot
The platform features a Deep Learning Enabled Algorithmic Trading Bot that analyzes time series behavior, generates future predictions, and determines trade signals. This bot has been shown to outperform the market significantly, with examples including a 73.4% cumulative return for COTY stock and a 60.6% return for UAL stock over specific periods.
Integration of Alternative Data
FinBrain Terminal has integrated LinkedIn Company Data, providing unique insights into publicly traded companies. This feature includes metrics such as follower and employee growth, and the number of open job positions, which can indicate a company’s future growth potential. This data is available for stocks listed under major markets including the DOW 30, S&P 500, NASDAQ, NYSE, and others.
Comprehensive Financial Data
The platform offers in-depth financial information for thousands of stocks, including critical financial metrics directly accessible on each ticker’s individual page. This comprehensive financial data coverage ensures users have all necessary information to make informed investment decisions.
Advanced Filtering and Analysis Tools
FinBrain Terminal includes an advanced filtering feature that allows users to navigate stock markets with greater ease. Users can filter stocks based on predictability scores, forecasted change values over different time horizons (3-day, 5-day, 10-day), and sentiment scores derived from news and market data. This flexibility enables both short-term traders and long-term investors to tailor their strategies effectively.
User-Friendly Interface
Users can access 10-day ahead predictions for a wide range of financial assets, including S&P 500, NASDAQ, NYSE stocks, and over 100 cryptocurrencies. The platform provides a user-friendly interface where users can log in, view future predictions, historical close prices, and predicted future prices on charts, along with predictability indicators and other key metrics.
Technical Infrastructure
FinBrain’s algorithms are powered by high-performance Graphical Processing Units (GPUs), which are essential for the computationally intensive process of training Deep Neural Networks. This infrastructure ensures that the models can handle massive amounts of data and generate precise future projections daily.
Security and Privacy
FinBrain prioritizes data security by encrypting and periodically backing up datasets. The platform employs firewall and anti-malware protection measures to safeguard the data and algorithms. Continuous monitoring of hardware equipment and servers minimizes downtime and ensures system security.
Conclusion
FinBrain Technologies offers a robust and innovative solution for investors and analysts by combining AI-driven forecasts, alternative data, and advanced analytical tools. Its predictive accuracy, comprehensive data coverage, and user-friendly interface make it a valuable resource for both amateur and professional traders, as well as large financial institutions. By leveraging cutting-edge AI technologies, FinBrain aims to transform the way people and institutions approach financial trading and investment.