Over 5% Weekly Gain on $NET Stocks: A Remarkable Achievement by Our Robots!
Last week was relatively lackluster for financial markets, but some robots managed to achieve impressive results. One such successful robot is Swing-trader-Top-High-Volatility-Stocks-v-2-TA, which earned over 5% on NET stocks, outperforming many indices. Let's explore how this robot operates and what methods it employs to achieve such remarkable performance.
-
Creating an AI robot for high-volatility stocks To effectively trade high-volatility stocks, the development team designed a unique AI robot. This robot was specifically tailored for traders dealing with assets whose prices frequently experience significant fluctuations.
-
Algorithms based on technical indicators To excel in high-volatility trading, a pool of algorithms was created, based on a proprietary combination of technical indicators with individually tuned parameters. This allows the robot to adapt to various stocks and vary its approach for each instrument.
-
Neural networks and backtests To determine the best-performing stocks for trading, the team utilized neural networks and conducted thousands of backtests. This process helped identify which stocks yield the best performance considering the chosen strategy.
-
Flexible position exits Upon entering a trade, the robot places a "Take profit" order, the distance of which depends on the current market volatility. To exit a position, the robot employs two options: a stop loss set at 2-4% of the position's opening price and a flexible trailing stop, which allows preserving most of the profit in case of market reversals.
-
The robot's trading results are shown without using margin. For a more comprehensive trading statistics and equity chart, users can click on the "show more" link on the robot's page. In the "Open Trades" tab, traders can observe live how the AI robot selects equities, enters, and exits paper trades. In the "Closed trades" tab, users can review all previous trades executed by the AI robot.
The robot designed for trading high-volatility stocks demonstrated impressive results, outperforming many indices in a sluggish market. The development team's unique approach, based on algorithms, neural networks, and flexible position exit strategies, enables the robot to effectively utilize capital and achieve excellent performance in high-volatility markets.
NET's Indicator enters downward trend
The Aroon Indicator for NET entered a downward trend on August 23, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 118 similar instances where the Aroon Indicator formed such a pattern. In of the 118 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 15, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NET as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NET turned negative on September 19, 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 41 similar instances when the indicator turned negative. In of the 41 cases the stock turned lower in the days that followed. This puts the odds of success at .
NET moved below its 50-day moving average on September 15, 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 NET declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NET's RSI Oscillator exited the oversold zone, of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 45 cases where NET's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NET advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .
NET may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. NET’s price grows at a higher rate over the last 12 months as compared to 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 (31.546) is normal, around the industry mean (19.852). P/E Ratio (0.000) is within average values for comparable stocks, (152.598). Projected Growth (PEG Ratio) (1.929) is also within normal values, averaging (2.633). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (17.699) is also within normal values, averaging (74.491).
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 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 Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NET’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 90, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a company, which engages in the provision of cloud-based services to secure websites
Industry PackagedSoftware
NET and
Correlation & Price change
A.I.dvisor indicates that over the last year, NET has been closely correlated with DDOG. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if NET jumps, then DDOG could also see price increases.
| Ticker / NAME | Correlation To NET | 1D Price Change % | ||
|---|---|---|---|---|
| NET | 100% | +4.21% | ||
| DDOG - NET | 73% Closely correlated | +1.29% | ||
| TEAM - NET | 72% Closely correlated | -0.29% | ||
| CFLT - NET | 71% Closely correlated | -1.20% | ||
| MNDY - NET | 70% Closely correlated | +3.80% | ||
| SNOW - NET | 70% Closely correlated | +2.44% | ||
More | ||||