AI Trading Ideas
AI Trading NASDAQ Wed, 07 Dec
Dear Reader,
Today, our featured investment is TROW. By trading with our AI strategy from 2000-01-26 to 2022-04-06, investors would have seen 867.5% returns on average. Each trade yielded an average of 28.92%, and was held in the long position for an average of 65 days. In total, 30 trades were made in that period.
T. Rowe Price Group, Inc. (TROW) is a publicly traded asset management firm based in Baltimore, Maryland. Founded in 1937, the company provides investment advice and services to individual and institutional investors. It offers a wide range of products, such as mutual funds, ETFs, retirement planning services, and more. TROW is one of the largest asset managers in the world, managing more than $1.3 trillion in assets as of December 2020. The company has a diversified client base across various sectors and geographies, with a heavy focus on the US. TROW has a solid track record of performance, with its stock price outperforming the S&P 500 over the last five years. The company also has a strong balance sheet, with a comfortable debt-to-equity ratio of 0.2. Overall, TROW is a stable and reliable investment option, with solid long-term potential.
AI Trading NASDAQ Wed, 07 Dec buys
| Date | Symbol | Prediction | Model Accuracy | Price Target |
|---|---|---|---|---|
| 2022-11-03 | ZS | STRONGBUY | 0.72 | 157.09 |
| 2022-10-28 | ZS | WEAKBUY | 0.72 | 170.09 |
| 2022-10-10 | ZS | MEDIUMBUY | 0.72 | 157.18 |
| 2022-11-03 | TSLA | STRONGBUY | 0.72 | 227.82 |
| 2022-11-03 | SAGE | STRONGBUY | 0.70 | 39.62 |
| 2022-10-28 | SAGE | WEAKBUY | 0.70 | 38.37 |
| 2022-10-27 | SAGE | MEDIUMBUY | 0.70 | 38.77 |
| 2022-11-03 | RARE | STRONGBUY | 0.65 | 41.93 |
| 2022-11-03 | QRTEA | STRONGBUY | 0.77 | 2.45 |
| 2022-11-03 | NKTR | STRONGBUY | 0.69 | 3.81 |
| 2022-10-17 | NKTR | MEDIUMBUY | 0.69 | 3.63 |
| 2022-11-03 | MRVL | STRONGBUY | 0.72 | 41.01 |
| 2022-10-12 | MRVL | MEDIUMBUY | 0.72 | 40.30 |
| 2022-10-07 | MRVL | WEAKBUY | 0.72 | 42.35 |
| 2022-11-03 | LYFT | STRONGBUY | 0.68 | 15.15 |
| 2022-10-10 | LYFT | MEDIUMBUY | 0.68 | 12.81 |
| 2022-11-03 | FCEL | STRONGBUY | 0.67 | 3.21 |
| 2022-10-14 | FCEL | WEAKBUY | 0.67 | 3.14 |
| 2022-11-03 | CRUS | STRONGBUY | 0.67 | 68.78 |
| 2022-11-02 | CRUS | MEDIUMBUY | 0.67 | 70.90 |
| 2022-10-12 | CRUS | WEAKBUY | 0.67 | 68.09 |
| 2022-11-03 | COUP | STRONGBUY | 0.64 | 58.41 |
| 2022-11-03 | CHRW | STRONGBUY | 0.78 | 88.47 |
| 2022-11-03 | AMRN | STRONGBUY | 0.67 | 1.29 |
AI Trading NASDAQ Wed, 07 Dec sells
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Back-testing and model summaries
| Symbol | From Date | To Date | Model Accuracy | Acc Profit/Loss | Avg Profit/Loss | Avg Days Invested | Total Positions |
|---|---|---|---|---|---|---|---|
| CHRW | 2000-03-09 | 2022-08-25 | 78.0 | 647.64 | 30.84 | 77.0 | 21.0 |
| QRTEA | 2007-05-11 | 2022-08-16 | 77.0 | 1070.50 | 39.65 | 88.0 | 27.0 |
| MRVL | 2000-07-20 | 2022-08-03 | 72.0 | 2395.91 | 38.64 | 64.0 | 62.0 |
| TSLA | 2010-08-03 | 2022-10-28 | 72.0 | 2212.25 | 65.07 | 70.0 | 34.0 |
| ZS | 2018-09-10 | 2022-09-12 | 72.0 | 732.40 | 56.34 | 98.0 | 13.0 |
| SAGE | 2014-12-04 | 2022-08-24 | 70.0 | 1109.57 | 46.23 | 74.0 | 24.0 |
| NKTR | 2000-03-07 | 2022-08-12 | 69.0 | 3688.86 | 47.91 | 58.0 | 77.0 |
| LYFT | 2019-07-19 | 2022-08-05 | 68.0 | 442.70 | 40.25 | 53.0 | 11.0 |
| AMRN | 2000-01-26 | 2022-09-12 | 67.0 | 6399.80 | 75.29 | 47.0 | 85.0 |
| CRUS | 1999-12-06 | 2022-08-25 | 67.0 | 2995.37 | 41.60 | 64.0 | 72.0 |
| FCEL | 1999-11-15 | 2022-08-15 | 67.0 | 7003.50 | 69.34 | 45.0 | 101.0 |
| RARE | 2014-03-12 | 2022-07-13 | 65.0 | 1241.70 | 53.99 | 76.0 | 23.0 |
| COUP | 2016-11-25 | 2022-09-12 | 64.0 | 754.29 | 37.71 | 65.0 | 20.0 |
Thanks for subscribing and happy investing!
The Third Perspective Team
