If you invest, then you know this game is a zero-sum game. Some lose and some win. To mitigate the risk, various companies offer stocks prediction software solutions. These apps can analyze historical and current trends and data. The result is the proper identification of potential risks and market opportunities. Here’s the list of the best stock market prediction software.
What is stock prediction software?
But before we present a list, let’s define these products a little more. Based on data, companies can offer tailored tools to alarm investors about potentially interesting stock options. They can also place a red flag if they think the company’s value will drop or there’s a legal or financial problem with stock options or the firm itself.
This kind of applications drives investment choices. Through the market overview, they provide a value of a magnifying glass.
How can a product qualify to be called a stock market prediction tool? It has to be:
designed for use by financial services companies
handle mining of both structured and unstructured financial data
make predictions based on data
clearly communicate investment recommendations
The part about mining is especially important. There’s no point in using data unless you can make sense of it. It’s not about predictive financial services alone. Top trading platforms use structured data as well. Without smoothing things over, you can’t use stock prediction software. Conclusions will be totally unreliable.
Benefits of stock market predictive analytics
Manual data analytics is cost-sensitive, not to mention inaccurate. According to the 2020 Mordor Intelligence market report, the global demand for artificial intelligence (A.I.) solutions in FinTech will spike up to $26.67 billion by 2026. From “only” $7.91 billion in 2020. The conclusion?
Investors can use stock market prediction tools to increase their wealth or to shield it from unfavorable market conditions. They can also minimize human intervention (which is always prone to error). The biggest and most obvious perk is the automation of data handling.
The list of best stock market prediction software products
New York, United States
Moody’s Analytics Asset Scenarios depict the plausible future paths of variables that are related in economically coherent ways.
Earnix is a leading provider of mission-critical systems for global insurers and banks. Through Earnix, customers are able to provide prices and personalized products that are smarter, faster, and safer in full alignment with corporate business goals and objectives. Earnix’s customers deliver over 1 billion quotes per year through Earnix’s solutions, offering systemized, enterprise-wide value with ultra-fast ROI. Earnix has been innovating for Insurers and Banks since 2001 with offices in the Americas, Europe, Asia Pacific, and Israel.
FactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 122,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We’re proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune’s 100 Best Companies to Work For® and a Best Workplace in the United Kingdom and France.
Personetics Engage provides real-time, personalized and proactive Insights and Advice that keep customers engaged and help them stay on top of their finances. Using real-time predictive analytics to empower customers, it’s time banks re-establish themselves as trusted partners.
– Deliver financial-data driven personalized alerts, insights and advice
– Provides standalone bite sized information about a customer’s financial activity and what to focus on right now
– Assists customers in better managing their financial lives
– Suggest specific steps to increase savings, reduce debt, and improve financial outcomes
– Includes complete server-side support, client widgets and data enrichment catalog
The Right Information for Each Customer at the Right Time
Engage analyzes user-specific transaction data to create personalized actionable insights. To determine the optimal prioritization and display order for each user, we utilize a proprietary learning algorithm that identifies and ranks the most relevant insights at any point in time.
Insights are triggered upon invocation, to ensure they account for the most recent customer activity and reduce false positives. For example, alerting a customer to a low balance issue based on previous night’s batch feed would be inaccurate if the customer had a cleared deposit earlier in the day.
Out-of-the-Box User Insights for Financial Services
Engage comes with a rich library of pre-built user scenarios that include banking-specific triggers and workflows validated with banking customers across the globe, with new insights added on an ongoing basis.
Over time, Engage learns from individual customer interactions to better select and prioritize insights for each customer. It also supports the ability to capture explicit user feedback (rating, likes, etc.) that is utilized as part of the learning algorithm.
Differentiate by Creating Custom Insights
The Engagement Builder let’s banks quickly and easily create custom content and engaging insights with a codeless management console that speeds up the development cycle and deployment to all bank channels.
AlpacaJapan is the leading AI and Fintech company in Asia, utilising cutting edge Machine Learning and Deep Neural Networks to provide investment solutions for Bankers, Asset Managers, Traders and Market Makers worldwide.
Broadcast M.A.P. is a technology company with a specific focus on solutions for media forecasting, trading and analysis. Backed by our legendary training and support, and designed to empower you to perform, our main products are TVmap (Television Media Analysis Programme) and RADIOmap.
CI-Futures provides detailed forecasting for sound data-based decisions, without the impact of bias, sentiment or opinion. Our platform allows evaluation of currencies, commodity, equity markets, economics and trade to provide a complete global picture.