AMZN Stock Forecast! 40% Profit Trading Last 12 Weeks

SlothTrading
3 min readNov 3, 2022

What’s up, world?

In this brief item, I will be showing how our algorithm has been trading AMZN (Amazon.Com ) stock in a four-hour timeframe timeframe over the last 12 weeks, and how it has performed during that period. The algorithm also has been programmed to adapt to changing market conditions. This allows the algorithm to be more effective over time.

This week we are going to see the results of SlothTrading’s algorithm on AMZN (Amazon.Com ). The algorithm is able to take advantage of the market conditions and generate a profit.

As you can see in the graph below, the investment made 12 weeks ago has made 40% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,398), being a good result.

The binary accuracy of the forecasts was 54% (2 points above the target value of 52%), and out of the twelve weeks of analyzed data, on six weeks we did not reach the target of 52% of accuracy.

We are working to improve our forecasting methods to meet our target for accuracy more consistently.

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SlothTrading

Crypto, Forex & Stocks price predictions for different timeframes using deep neural networks. https://www.slothtrading.com