INVESTOLUTION LAUNCHES WEBSITE TO PUBLISH STOCK MARKET FORECASTS
Released on = April 1, 2007, 7:31 pm
Press Release Author = Investolution
Industry = Financial
Press Release Summary = Investolution, (http://www.investolution.com), a privately owned computational financial research company, has launched an online service today to publish stock market forecasts with their novel probabilistic algorithm. Investolution crunches numbers to generate 40-day forecasts for major stock market indexes which can predict what the minimum and maximum daily closing prices will be for the next 40 trading days with up to %90+ accuracy.
Press Release Body = FOR IMMEDIATE RELEASE --------------------- Of interest to editors and journalists covering: financial news, the stock market, personal and institutional investment news and technology
INVESTOLUTION LAUNCHES WEBSITE TO PUBLISH STOCK MARKET FORECASTS
TORONTO, On. - Apr. 2, 2007 -- Investolution, (http://www.investolution.com), a privately owned computational financial research company, has launched an online service today to publish stock market forecasts with their novel probabilistic algorithm. Investolution crunches numbers to generate 40-day forecasts for major stock market indexes which can predict what the minimum and maximum daily closing prices will be for the next 40 trading days with up to %90+ accuracy.
These forecasts differ from usual technical analysis charts and other stock market prediction approaches in many ways: - They are probabilistic in nature - They predict the range where the price is likely to fluctuate, not the price itself on a certain date - They give clues whether the forecast should be trusted or not
The combination of these features, explains Investolution Research and Development team, is what makes them unique and powerful. As it is impossible to foresee the future our models sometimes fail too, but knowing when to trust the prediction and when not to makes all the difference.
Many trading algorithms are over-simplified. They give buy or sell signals, which often conflict with each other and are not universal across different principal levels. Other forecasting systems try to predict the price itself, which is very hard, and that is why they are often wrong. Investolution, on the other hand, chose to forecast a numerically simpler problem, which is arguably as useful as the stock price itself. Investolution forecast charts predict \"the minimum and maximum values the stock price can take over the next 40 trading days\", not what the price will be after 40 days. If an investor can foresee where the stock price will fluctuate over the next two months, they have a wide variety of possibilities to benefit from this knowledge, especially in option trading.
Investolution currently publishes daily forecasts for Dow Jones Industrial Average Index and Nasdaq Composite. Other major stock market indexes will be added soon. The service is freely available to everyone.
About Investolution
Investolution is a Toronto based company that specializes on computational prediction technologies for the financial sector. They have been researching and developing the technologies that lead to the invention of their forecasting algorithm for over 5 years.
For more information, visit http://www.investolution.com Public Relations Contact: pr@investolution.com
Web Site = http://www.investolution.com
Contact Details = http://www.investolution.com Public Relations Contact: pr@investolution.com