Member-only story
JPM Stock Forecast! 22% Yield Trading Last 12 Weeks
Hello everyone!
In this article, I will briefly show how our algorithm has been trading JPM (Jpmorgan Chase) stock in a one-hour 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 JPM (Jpmorgan Chase). Thank you for your interest in our product. The algorithm is able to take advantage of the market conditions and generate a profit. We will continue to monitor the algorithm’s performance and will keep you updated on its progress. The algorithm is able to take advantage of the market conditions and generate a profit.
As you can see from the graph below, the investment made 12 weeks ago has made 22% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,221), being a good result.
The binary accuracy of the forecasts was 56% (4 points above the target value of 52%), and out of the twelve weeks of analyzed data, on four weeks we did not reach…