published in Blogs

Apr 20, 2023

This AI trading robot Swing trader: Top High-Volatility Stocks (TA) , generating a 5,05 % gain for DKNG of the previous week.

This AI trading robot Swing trader: Top High-Volatility Stocks (TA), in our robot factory, generating a 5,05 % gain for DKNG of the previous week.

Investors are constantly on the lookout for new ways to improve their investment strategies and achieve better returns. One such approach is to leverage the power of AI and machine learning algorithms to analyze market data and make informed investment decisions.

Recently, an AI trading robot created by Tickeron, a leading provider of AI-powered trading tools, generated a 5.05% gain for DKNG, a prominent online sports betting and gaming company, over the course of a single week. This impressive performance demonstrates the potential of AI to identify profitable trading opportunities and generate significant returns for investors.

DKNG's Momentum Indicator, which measures the rate of change in a stock's price, moved above the 0 level on March 29, 2023. This signals a potential shift towards an upward trend, and traders may want to consider buying the stock or call options. Tickeron's A.I.dvisor analyzed 62 similar instances where the indicator turned positive, and found that in 51 of those cases, the stock moved higher in the following days. This translates to an 82% probability of a move higher.

It is worth noting that DKNG recently reported its earnings results for the first quarter of 2023, with revenue coming in at $265 million, a 79% increase year-over-year. The company also reported a net loss of $15 million, compared to a net loss of $67 million in the same period last year.

While the revenue growth is certainly a positive sign for investors, the net loss indicates that the company is still investing heavily in growth and may not be profitable in the near term. Additionally, DKNG faces significant competition in the online sports betting and gaming industry, which could impact its future performance.

However, by leveraging AI-powered trading tools like Tickeron's A.I.dvisor, investors can potentially identify profitable trading opportunities even in the face of uncertainty and competition. As always, it is important to conduct thorough research and consider all factors before making investment decisions.

The recent performance of Tickeron's AI trading robot in generating a 5.05% gain for DKNG highlights the potential of AI-powered trading tools to identify profitable trading opportunities. The Momentum Indicator's positive move, along with the high probability of a move higher, provides further support for the bullish outlook on DKNG. Nonetheless, investors should conduct thorough research and consider all factors before making investment decisions, particularly in light of the company's recent earnings results and competitive landscape.

Sergey Savastiouk

published in Blogs

Mar 14, 2023

How to Start Trading Penny Stocks

Penny stocks have long been marginalized within the professional investment community, oftentimes being painted with a broad brush of simply being “too risky.” Leonardo DiCaprio’s depiction of the penny stock peddling conman, Jordan Belfort, in the Wolf of Wall Street certainly didn’t help.Here are four reasons to start trading them now. Reason #1: Let’s State the Obvious -- Penny Stocks are Cheap A single share of Apple Inc. costs over $350.

Dmitry Perepelkin

published in Blogs

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Allana

published in Blogs

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What’s the Difference Between Data Analytics and Machine Learning?

Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.

Sergey Savastiouk

published in Blogs

Mar 13, 2023

4 Tips for Fast, Effective Stock Analysis

With just a few clicks, an investor can search for individual stocks, categories of stocks, sectors, or investment themes, and then he or she can conduct a full range of technical and fundamental analysis within seconds.All powered by Artificial Intelligence. Below, we give you 5 tips for fast, effective stock analysis using Tickeron’s Screener.

Sergey Savastiouk

published in Blogs

Mar 20, 2023

5 Golden Principles in Investing

You have enough faith in that stock, based on research, that the return will equal or exceed the investment. Do unto others.The principles outlined here will ensure that happens. Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.

John Jacques

published in Blogs

Mar 24, 2023

If Hedge Funds are Using AI to Invest, Why Shouldn’t You?

Some of the world’s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the world’s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry – a percentage continues to grow with each year that passes.

Sergey Savastiouk

published in Blogs

Mar 15, 2023

The five most important Lessons Learned After 10,000 hours of Trading

Ten thousand hours of active trading, broken down into forty-hour weeks, amounts to almost five years. Having surpassed that milestone myself, I now understand why it's significant for any trader's journey. The early years taught me valuable lessons that have shaped my approach to trading. It's a misconception that great traders are born with innate talent. The truth is that it takes years of...

Edward Flores

published in Blogs

Mar 12, 2023

What's the Difference Between Tokens and Altcoins?

Between their inherently technical nature, multiple varieties and sub-varieties, and endless terminology, cryptocurrency (defined here as digital or virtual currencies that are encrypted using cryptography, powered by the immutable digital ledger known as the blockchain) represents a whole, complex world.All altcoins possess their own blockchain, independent from their source code, that records all transactions of their native coins. Many altcoins are variants, or forks, of Bitcoin that leverage that cryptocurrency’s open-source protocol as the basis.

Edward Flores

published in Blogs

Mar 26, 2023

Why it Pays to Invest in Dividend Stocks Over the Long Term

Where smaller, more volatile companies can placate shareholders with higher returns, larger companies often use dividend payouts to entice new investors and hold their existing ones. These low-risk options may not work for every investment approach, but dividend-producing stocks can offer great benefits under the right circumstances – especially for portfolios built for the long-term.Beyond the ability to rely on these semi-regular payouts as an income stream – a strategy favored by retirees – dividends are an excellent vehicle for compounding earnings through reinvestment.

Edward Flores

published in Blogs

Apr 02, 2023

How Artificial Intelligence Can Improve Fintech

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