{"id":17702,"date":"2021-09-24T03:30:00","date_gmt":"2021-09-24T03:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/09\/24\/finectic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform\/"},"modified":"2021-09-24T06:16:14","modified_gmt":"2021-09-24T06:16:14","slug":"finectic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/09\/24\/finectic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform\/","title":{"rendered":"&#8220;Finetic&#8221; Launched Self-Developed Investment Analysis System on the Intelligent Stock Selection Platform"},"content":{"rendered":"<p style=\"text-align: justify;\">\n<div style=\"text-align: justify;\">\n<p>HONG KONG SAR &#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\">Media OutReach<\/a>\u00a0&#8211; 24 September 2021 &#8211; <a href=\"https:\/\/www.finetic.ai\/\">Finetic<\/a>, a Hong Kong-based intelligent\u00a0 stock selection and investment education platform\u00a0 has developed its own AI-assisted investment\u00a0 analysis system, which provides weekly picks of quality stocks in major global\u00a0 markets, including\u00a0 Hong Kong, China and\u00a0 the U.S.. The selection is made by machine-learning analysis of the most\u00a0 up-to-date data of about 2,500 listed companies in Hong Kong, in conjunction\u00a0 with technical analysis as well as review of a unique combination of the\u00a0 factors affecting company stock performance.<\/p>\n<p style=\"text-align: center;\"><img class=\"aligncenter\" src=\"https:\/\/images.media-outreach.com\/Thumb\/500x0\/179592\/HO.jpg#image-179592\" width=\"500\" \/><\/p>\n<p style=\"text-align: center;\"><b>HO Man Ho, Percival, Founder and CEO of Finetic<\/b><\/p>\n<p>Finetic&#8217;s automatic selection process helps\u00a0 users avoid emotional decision-making and speed up the investment research\u00a0 process contributing to a more profitable outcome in stock investment. Given\u00a0 the unpredictability of the stock market, it takes a long time for individual\u00a0 investors to develop and practice investment skills. Finetic is also offering\u00a0 educational tools and guidance that can simplify the learning curve and further\u00a0 increase the return on investment.<\/p>\n<p><b>Relaunch of Enhanced System and Algorithm <\/b><\/p>\n<p><b>Mr. Ho Man-ho, Percival, Founder of Finetic<\/b> and an\u00a0 experienced investor, created a stock analysis program known as Percival Core\u00a0 (the &#8220;system&#8221;) in 2005. The system collected, analysed and quantified basic and\u00a0 technical (price\/volume) data of all Hong Kong stocks. The outcome of the\u00a0 process is a selection of &#8220;high-growth stocks&#8221;, which have a strong foundation\u00a0 and technical characteristics (high potential in substantial price surges). The\u00a0 system has recently been improved with AI components allowing for analysis of\u00a0 even more data and correlations as well as self-learning for better investment\u00a0 outcomes. Apart from data analysis, the improvements allow pattern recognition\u00a0 (including cup and handle, double-bottom, and bottom flat patterns), giving\u00a0 references to users for research and execution of precise investment\u00a0 strategies.<\/p>\n<p>Percival said that thanks to the system, he\u00a0 has been able to maintain his capital strength for stock investment over the\u00a0 past 16 years, and managed to avoid the impacts of the 2008 financial crisis.\u00a0 In view of Percival Core&#8217;s performance, from 2018 onwards, Percival started\u00a0 licensing the system-generated stock selection results then known as Amelia and\u00a0 Swing to third party distributors. In early 2021, Percival stopped licensing\u00a0 the results to third parties due to differences over cooperation terms.<\/p>\n<p>However, many users still wanted the stock selection results. In response to\u00a0 popular demand, Percival founded Finetic Ltd., a new intelligent stock\u00a0 selection platform through which the Percival Core system was relaunched into<br \/>\nthe market in May 2021. Apart from technical design and user experience\u00a0 enhancements, an investor education component directly supervised by Percival\u00a0 has been added to better facilitate users to make profits from investing in<br \/>\nquality and profitable stocks. Finetic Chief of Staff Virginia Chan said <i>&#8220;The Sunday Club webinars hosted by<br \/>\nPercival on the platform are well received by our members. At the events,\u00a0 members can acquire stock investment basics from Percival&#8217;s experience sharing\u00a0 and insights. Participants can also have their investment-related questions\u00a0 addressed.&#8221;<\/i><\/p>\n<p><b>Enhanced<br \/>\nFunctions to Optimise Stock Selection Precision<\/b><\/p>\n<p>Finetic has further upgraded the system by\u00a0 introducing a &#8220;Reinforcement Learning&#8221; algorithm \u2013 creating a complex<br \/>\nenvironment for the AI system to nurture its self-learning capability in the\u00a0 volatile stock market. Percival has also equipped Finetic with a &#8216;supercomputer&#8217;\u00a0 (data science workstation) costing over US$25,000 to train the AI system to\u00a0 better perform stock selection. The &#8220;Reinforcement Learning&#8221; algorithm has the\u00a0 capability of outsmarting its designer and ideation.<\/p>\n<p>By receiving AI-recognised &#8216;rewards&#8217; whenever\u00a0 Percival Core identifies good stocks, the AI learns from its actions. Through\u00a0 simulated transactions and a track record of stock picks that go through a\u00a0 price surge, the system begins to self-learn and discover the requisite\u00a0 parameters of stocks with explosive growth potential.<\/p>\n<p>Finetic is currently applying this advanced\u00a0 technology to the research of stock buy and sell points and is near the final\u00a0 testing phase. Once finalized, Percival Core will be able to find stocks with\u00a0 growth potential as well as their best buy and sell points, which will\u00a0 significantly increase the chance of positive investment returns. Successful<br \/>\ndeployment of this technology will also provide Finetic with more favorable\u00a0 conditions and advantages to develop in the B2B market.<\/p>\n<p>In November, Finetic will participate in\u00a0 Fintech Week 2021, which is co-organised by the Hong Kong Financial Services\u00a0 and the Treasury Bureau and InvestHK. At the exhibition, Finetic will showcase\u00a0 a range of products and services, along with the artificial intelligence\u00a0 pattern recognition technology. That will be an occasion for finance<br \/>\nprofessionals and the investing public to learn more about Finetic&#8217;s\u00a0 technologies and business development.<\/p>\n<p><b>Looking\u00a0 to Enter the International Market<\/b><\/p>\n<p>The Percival Core engine has seen continuous\u00a0 improvements since 2005, weathering numerous market shocks including the 2008\u00a0 financial crisis and COVID-19. Finetic is proud to develop in the well\u00a0 regulated and organised financial sector of Hong Kong, and is eager to take its\u00a0 experience forward to service other international markets.<\/p>\n<p>&#8220;Finetic has a complete and effective\u00a0 stock selection system catering for the Hong Kong, China A-Share and U.S. stock\u00a0 markets. Its offerings include a complete list of quality stock selections, market\u00a0 analysis and investor tools. In the future, it is planning to further expand\u00a0 its offerings and global audience. Stock selection services for different<br \/>\ncountries\/regions such as Taiwan, Singapore, and the United Kingdom will be\u00a0 launched subsequently in short succession.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p style=\"text-align: justify;\">\n<p><a href=\"https:\/\/www.media-outreach.com\/news\/2021-09-24\/95993\/finectic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211;\u00a0Media OutReach\u00a0&#8211; 24 September 2021 &#8211; Finetic, a Hong Kong-based intelligent\u00a0 stock selection and investment education platform\u00a0 has developed its own AI-assisted investment\u00a0 analysis system, which provides weekly picks of quality stocks in major global\u00a0 markets, including\u00a0 Hong Kong, China and\u00a0 the U.S.. The selection is made by machine-learning analysis of the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":17703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17702"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=17702"}],"version-history":[{"count":4,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17702\/revisions"}],"predecessor-version":[{"id":17709,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17702\/revisions\/17709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/17703"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=17702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}