This AI trading robot, available at Swing trader: Top High-Volatility Stocks v.2 (TA), was a top performer in our robot factory, generating a 3.16% gain in just 4 trades while trading RIOT over the past week.
Artificial intelligence (AI) continues to revolutionize the world of trading, and a recent success story comes from an AI trading robot that generated a significant gain of 3.16% for RIOT, a cryptocurrency mining company, just last week. This impressive performance highlights the power of AI in identifying profitable trading opportunities and making data-driven decisions to optimize trading outcomes.
One key factor that contributed to the success of the AI trading robot was its ability to recognize a bearish sign in RIOT's price movement. The robot identified that RIOT had moved lower for three straight days, which is generally viewed as a bearish sign in technical analysis. This prompted the robot to closely monitor the stock for further declines.
Historical data analysis revealed that in situations where RIOT had declined for three consecutive days, the price had further declined within the following month in a significant majority of cases. Specifically, out of 348 cases, RIOT's price had declined further in 312 cases, resulting in a remarkable 90% odds of a continued downward trend.
Leveraging this valuable insight, the AI trading robot made a calculated decision to enter a short position on RIOT, anticipating further declines in the stock's price. The robot's decision was driven by data-driven analysis and statistical probabilities, eliminating emotional biases and human errors often associated with traditional trading approaches.
As a result of the AI trading robot's timely and data-driven decision, RIOT's price indeed declined further in the following days, resulting in a gain of 3.16% for the trading week. This impressive performance underscores the power of AI in generating alpha and optimizing trading outcomes.
The success of this AI trading robot in trading RIOT exemplifies the growing trend of using AI and machine learning algorithms in the financial industry. AI-powered trading systems are capable of analyzing vast amounts of data, identifying patterns, and making real-time trading decisions with precision and speed. This allows traders and investors to capitalize on market inefficiencies and generate alpha in an increasingly competitive trading landscape.
However, it's important to note that AI trading systems are not foolproof and come with their own set of risks. Market conditions can change rapidly, and past performance is not indicative of future results. It's crucial for traders and investors to thoroughly evaluate and monitor the performance of AI trading systems, and have proper risk management strategies in place.
The recent success of an AI trading robot that generated a 3.16% gain for RIOT last week highlights the power of AI in optimizing trading outcomes. By leveraging data-driven analysis and statistical probabilities, AI trading systems can identify profitable trading opportunities and make timely decisions, as demonstrated by the robot's ability to recognize a bearish sign in RIOT's price movement and capitalize on it. However, it's essential to exercise caution and thoroughly evaluate the performance and risks associated with AI trading systems. As technology continues to evolve, AI is likely to play an increasingly prominent role in the future of trading and investment management.
RIOT saw its Momentum Indicator move below the 0 level on June 05, 2023. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 71 similar instances where the indicator turned negative. In of the 71 cases, the stock moved further down in the following days. The odds of a decline are at .
The Moving Average Convergence Divergence Histogram (MACD) for RIOT turned negative on June 05, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
RIOT moved below its 50-day moving average on June 05, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIOT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where RIOT advanced for three days, in of 242 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. RIOT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.702) is normal, around the industry mean (4.085). P/E Ratio (75.188) is within average values for comparable stocks, (36.573). RIOT's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.388). RIOT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.038). P/S Ratio (6.277) is also within normal values, averaging (104.994).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RIOT’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a financial conglomerate
|MFs / NAME||Price $||Chg $||Chg %|
|AMG River Road Small Cap Value I|
|Pear Tree Essex Environmental Opps Ins|
|BNY Mellon Developed Markets RE Scs - A|
|MFS Value R4|
|Principal Origin Emerging Markets R6|
A.I.dvisor indicates that over the last year, RIOT has been closely correlated with MARA. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIOT jumps, then MARA could also see price increases.
|MARA - RIOT|
|HUT - RIOT|
|MSTR - RIOT|
|HIVE - RIOT|
|CLSK - RIOT|