AI Stock Search using artificial intelligence to search stocks

AI Stock Search using artificial intelligence to search and rate stocks...

AI Stock Search is a software application that rates a list of stock tickers (the S&P 500) based on historical data sheets. The program uses the closing prices and volume of stocks from the past two years. The ratings and predictions are made based on an original algorithm using Artificial Intelligence (learning).

How does it work?

The program downloads free historical stock quotes data tables from the internet. The tables are fed into an AI processor. The processor first assigns four values for each ticker’s daily entry, looking at a chunk of past days. The first two values are based on the current price and volume. The other two values are based on the price and volume graphical plot curve type. After these values were found, the program goes through all the days again and checks the before and after values. A table is created with all average after values for each set of before values. Then the program checks the before values for all the last days entries for each ticker and assigns the table’s after values as expected values. The list of last days is then sorted and displayed.

Getting started…

Download the evaluation copy. Double click on the setup file and install the application. In the application click on the AI Stock Search icon or select start from the menu. You first must download the historical data. After you downloaded the data set your parameters and click process to generate reports. You should update the historical data periodically.

Terminology

Price only is a report option. It means that the program uses only prices when evaluating a stock’s state.

Curve type only is a report option that only uses the graphical curve in the past chunk of days to evaluate a stock’s state.

Price and curve type is the third report option. It combines both in evaluating.

Occurrences threshold is a count value that determines what stocks should be excluded from the report because the program could not find enough matching cases for the stock’s current state. The higher the value the lower the risk.

Chunk of days is a sliding window that looks at price, volume and curve type for all stocks in the past two years. Use this parameter as a ballpark value for the number of trading days in a trading cycle.

Percent threshold: This parameter is used when determining if a stock has gone up or down significantly. Use this value to manage your risk, lower value means less risk but also less gain.

Click here to see how AIStockSearch performs. Every time a user runs a report the results of the average change in the top 20 tickers (picked by AIStockSearch) are compared to the overall average.

Sample Output

Report's Date: 7/23/2002
History File Download Date: 7/9/2002
Evaluation Type: Price and curve type
Occurrences Threshold: 9
Percent Threshold: 9.0
Chunk of days: 30
Overall Market Evaluation: 460.46
Percent Change vs. Rank since last download:

Rank	Ticker	Last Price	Current Price	Change	NNO	Total Eval.
1	QTRN	10.39	8.67	-16.55	16	6.19
2	AW	7.95	7.60	-4.40	13	6.08
3	CPWR	4.17	4.32	3.60	13	6.08
4	WPI	19.60	20.68	5.51	13	6.08
5	CIEN	4.88	6.04	23.77	22	6.00
6	EP	19.64	15.33	-21.95	22	6.00
7	NT	1.55	1.42	-8.39	22	6.00
8	PCS	5.40	5.25	-2.78	22	6.00
9	WMB	5.10	6.33	24.12	22	6.00
10	AMR	14.70	13.00	-11.56	17	5.71
11	TOY	16.19	14.43	-10.87	17	5.71
12	SFA	14.01	13.10	-6.50	29	5.69
13	WAT	22.72	20.42	-10.12	29	5.69
14	CVG	17.03	16.55	-2.82	21	5.67
15	LLY	49.98	51.51	3.06	21	5.67
16	TYC	13.85	11.12	-19.71	16	5.38

For a complete sample report click here...

Why you should consider using this tool?

This software application has consistently beaten the S&P 500 in the past two years. Comparing the top 20 picked by the program vs. the entire list after two weeks from the initial ratings. The program can help users identify opportunities. For example, when analyzing historical data, it is apparent that most stocks that head downwards, and has a yearly low price, will have a better chance to head upwards compared with stocks that are rising upwards sharply and are at their peak price. This assessment is not intuitive and you could benefit from looking at a "live" report that shows this. The tool might be able to help you to identify "cheap stocks" and warn you against buying expensive stocks.

Limitations and warnings

· Historical data should not be used alone in trying to predict future prices of stocks.

· The program uses only closing prices and daily volume for its calculations; other important parameters are ignored.

· If a stock is at its highest possible evaluation state, being at its peek price, volume and graphical plots, it is at a state that can’t get any better. This fact prevents the system from positively evaluating such stocks. The same problem is present with stocks that are at their worst possible state. Those stocks can only have a positive evaluation even though there is a chance that the value of such stock will continue to decline.

· The program uses data sheets downloaded from Internet. There is no guarantee that this data is accurate or timely.

Please do not make any decisions solely based on the reports generated by AI Stock Search application or web site.

Disclaimer

THE ACCURACY, COMPLETENESS, SEQUENCE OR TIMELINESS OF THE INFORMATION OR SERVICES CANNOT BE GUARANTEED, AND THE AUTHOR OF AI STOCK SEARCH WEB SITE AND DESKTOP APPLICATION SHALL NOT HAVE ANY RESPONSIBILITY FOR DIRECT, INDIRECT, CONSEQUENTIAL, SPECIAL OR OTHER DAMAGES YOU MAY INCUR FROM YOUR RELIANCE ON ANY OF THE INFORMATION OR SERVICES OR FOR ANY DELAYS OR ERRORS IN THE TRANSMISSION OR DELIVERY OF ANY PART OF THE INFORMATION, OR FOR YOUR UNAUTHORIZED USE OF THE SERVICES.

YOU UNDERSTAND THAT ANY QUOTATIONS PROVIDED FOR A SECURITY OR INDEX AS PART OF THE INFORMATION OR SERVICES MAY BE DELAYED OR MAY NOT OTHERWISE REPRESENT THE CURRENT STATE OF THE MARKET FOR SUCH SECURITY OR INDEX AND AS A RESULT, MAY NOT REFLECT THE PRICES AT WHICH SUCH SECURITY OR INDEX MAY BE BOUGHT OR SOLD. YOU SHOULD NOT MAKE ANY DECISIONS TO BUY OR SELL A SECURITY OR INDEX BASED ON SUCH QUOTATIONS OR ON ANY OTHER INFORMATION OR SERVICES ACCESSED ON OR THROUGH THE SITE OR DESKTOP APPLICATION. YOU UNDERSTAND THAT THE AUTHOR OF AI STOCK SEARCH WEB SITE AND DESKTOP APPLICATION DOES NOT GUARANTEE THAT IT WILL CONTINUE TO MAKE THE INFORMATION OR SERVICES AVAILABLE TO YOU, WHETHER BY THE SAME METHODS CURRENTLY USED OR OTHERWISE. YOU AGREE NOT TO HOLD THE AUTHOR OF AI STOCK SEARCH WEB SITE AND DESKTOP APPLICATION LIABLE FOR ANY DAMAGES ARISING FROM A DISCONTINUATION OR MODIFICATION OF ALL PART OR PART OF THE INFORMATION OR THE SERVICES.

EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE AUTHOR OF AI STOCK SEARCH WEB SITE AND DESKTOP APPLICATION HEREBY EXPRESSLY DISCLAIM ALL EXPRESS AND IMPLIED WARRANTIES, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT AND ERROR-FREE AND UNINTERRUPTED SERVICES. THE AUTHOR OF AI STOCK SEARCH WEB SITE AND DESKTOP APPLICATION DOES NOT WARRANT, GUARANTY, OR MAKE ANY REPRESENTATIONS OR WARRANTIES WHATSOEVER, EXPRESS OR IMPLIED, OR ASSUME ANY LIABILITY TO YOU REGARDING (i) THE USE OR THE RESULTS OF THE USE OF THE INFORMATION OR SERVICES, INCLUDING, WITHOUT LIMITATION, ANY FINANCIAL RESULTS BASED ON USE OF THE INFORMATION OR SERVICES OR ANY DELAY OR LOSS OF USE OF THE INFORMATION OR SERVICES, OR (ii) SYSTEM PERFORMANCE AND EFFECTS ON OR DAMAGES TO SOFTWARE AND HARDWARE IN CONNECTION WITH ANY USE OF THE SOFTWARE, THE INFORMATION OR THE SERVICES.

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