We are thrilled to announce an exciting upgrade to our prediction algorithms on FinBrain Terminal!
Our new model now provides confidence intervals alongside the mean price predictions, adding more depth and accuracy to your trading decisions.
What’s new?
95% Confidence Intervals: We have integrated 95% confidence intervals for all tickers under US & World stock markets, as well as FX pairs, Index & Commodity futures, and Cryptocurrencies.
Below is an example of the Daily Forecast for NVDA, displaying our mean prediction along with the 95% confidence interval:
What does 95% Confidence Mean? It means that we are 95% confident that the price will stay within this interval. This interval is calculated as two standard deviations away from the mean prediction and is a great way to visualize the potential risks and rewards.
Why Confidence Intervals Matter: These intervals are statistically significant and can help you better assess market conditions. Visualizing them makes it easier to plan your trades with an understanding of the potential price ranges and volatility.
Advanced Models Built for You: Our models are powered by sophisticated AI, math, and statistics, and there’s nothing like them available on the internet. With FinBrain, you are getting access to cutting-edge technology.
A look at the new forecast charts
Daily & Monthly Forecasts Enhanced: Both daily and monthly stock forecasts now feature prediction confidence intervals.
Below is an example of the Monthly Forecast for NVDA, showing where we expect the price to move over the next 12-month period:
Massive Market Coverage: You now have a unique tool at your disposal that offers insights into a diverse range of markets and assets, which you cannot find anywhere else.
Free Plan Access: Don’t forget—if you are on our free plan, you can access the 3 most popular tickers under each market category for free, for an unlimited time.
How did we perform so far? If you would like to know how FinBrain’s AI price forecast models and Alternative Datasets performed in signaling the price movements beforehand, check the posts here to take a closer look.
We invite you to subscribe to FinBrain Terminal and FinBrain API to start utilizing this advanced technology in your trading decisions today.
Explore the FinBrain Terminal and take your trading to the next level.
We wish you a successful trading week.
FinBrain Technologies