PLTR Stock Forecast! 38% Return Last 12 Weeks

SlothTrading
3 min readOct 30, 2022

Hello people!

In this item, I will briefly show how our algorithm has been trading PLTR (Palantir Tech) stock in a four-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 PLTR (Palantir Tech). The algorithm is able to take advantage of the market conditions and generate a profit. Thank you for your interest in our product.

As you can see on the graph down below, the investment made 12 weeks ago has made 38% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,376), being a good result.

The binary accuracy of the forecasts was 58% (6 points above the target value of 52%), and out of the twelve weeks of analyzed data, on five 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.

--

--

SlothTrading
SlothTrading

Written by SlothTrading

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

No responses yet