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SNOW Stock Forecast! 29% Return Last 12 Weeks

SlothTrading
3 min readOct 30, 2022

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What’s up, people?

In this brief article, I will be showing how our algorithm has been trading SNOW (Snowflake) 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, the SlothTrading algorithm can be seen on SNOW (Snowflake). If you have any questions, please feel free to contact us. Thank you for your interest in our product.

As you can see in the graph below, the investment made 12 weeks ago has made 29% profit (this means that an initial investment of $1,000, after 12 weeks of trading resulted in $1,294), being a good result.

The binary accuracy of the forecasts was 55% (3 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.

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SlothTrading
SlothTrading

Written by SlothTrading

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

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