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I saw that Japan's Kabu.com will launch AI solution for trading stocks. How it will work?

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asked Apr 6 by kori12 (2,200 points)

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answered Apr 6 by Fred (4,020 points)
selected Apr 6 by kori12
 
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The AI system will scan the share prices of Japan-listed companies in order to identify shares exhibiting similar trends. The AI technology is set to detect correlations that human traders cannot usually notice and thus signal trading opportunities. In addition, the new product will detect overvalued and undervalued stocks by identifying correlating stock charts. These findings are used for a trading strategy where investors go long on the underperforming shares and go short on the overperforming shares in a correlated pair.

commented Apr 6 by kori12 (2,200 points)
Hmm, that sounds interesting. Thank you on your answer!

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