AI Trading Ideas
AI Trading NASDAQ Fri, 24 Feb
Dear Reader,
Our featured asset today is NWTN: NWTN Inc. Class B Ordinary Shares. According to our AI strategy, if you had traded between 2022-12-16 – 2023-02-09, you would have the potential for a return of 393.32%. On average, a trade made 196.66% and lasted 33.0 days in the long position. A total of 2.0 positions were taken over the period.
The trading idea suggests that NWTN is a STRONGBUY since 2023-02-23 at a price target of 11.145. Our model has an accuracy of 0.87 when predicting an upward trend in the following two weeks.
| Date | Symbol | Prediction | Model Accuracy | Price Target |
|---|---|---|---|---|
| 2023-02-23 | NWTN | STRONGBUY | 0.87 | 11.145000 |
| 2023-02-06 | NWTN | WEAKBUY | 0.87 | 11.701429 |
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The Third Perspective Team
