Dear All,
Here are few key projects updates
AI/ML
As you may be aware we are going to add Machine Learning soon. In a nutshell it will allow you to specify any number of factors or formulas, select a universe, and train a model to predict a future factor (for example the 3 mo return, the future sales growth, etc). The trained model could be used in different ways. It could completely replace your ranking system or work alongside it. You will also be able to access the predicted values in rules , the screener, and historically. This project is well underway and should have a working prototype very soon. The AI will be completely integrated to the existing website.
Europe
We’re gearing up to add European data from FactSet. We’ve been working on adding multi-region/currency support to our pages and will be getting the European feed soon. We’ve worked out most issues and do not anticipate a long delay once we start getting the live data (1-2 months max).
Request For Feedback
What are your thoughts on being able to use ML to label a chart ? For example, being able to train a model to tell you if you “like” or “dislike” a chart, or whether a certain pattern is present. To do this with formulas is very difficult. Neural Nets should be able to achieve much better results.
The general tool we’ve been brainstorming is a way for you (or collaborative group) to quickly browse through many charts and apply labels. These labelled charts then become the training data for a NN model. There are several features that are yet undecided. For example if you are training a model to find “price consolidation after a run up” pattern, all you probably want & need is a simple line chart (the simpler the better). But for other patterns you may need volume, indicators like Bollinger Bands, etc. It’s quite possible that the right chart for an ML system is something entirely new that is not very useful to humans.
We are exploring this now and would like to hear your thoughts on this and anything else you have in mind.
Cheers, and Thank You