{"id":17704,"date":"2021-09-24T03:30:00","date_gmt":"2021-09-24T03:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/09\/24\/finetic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform\/"},"modified":"2021-09-24T03:30:00","modified_gmt":"2021-09-24T03:30:00","slug":"finetic-launched-self-developed-investment-analysis-system-on-the-intelligent-stock-selection-platform","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/09\/24\/finetic-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> \n<\/p>\n<div>\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&#13;<br \/>\nstock selection and investment education platform\u00a0 has developed its own AI-assisted investment&#13;<br \/>\nanalysis system, which provides weekly picks of quality stocks in major global&#13;<br \/>\nmarkets, including\u00a0 Hong Kong, China and&#13;<br \/>\nthe U.S.. The selection is made by machine-learning analysis of the most&#13;<br \/>\nup-to-date data of about 2,500 listed companies in Hong Kong, in conjunction&#13;<br \/>\nwith technical analysis as well as review of a unique combination of the&#13;<br \/>\nfactors affecting company stock performance. <\/p>\n<p style=\"text-align: center\">\u00a0<img 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&#13;<br \/>\nusers avoid emotional decision-making and speed up the investment research&#13;<br \/>\nprocess contributing to a more profitable outcome in stock investment. Given&#13;<br \/>\nthe unpredictability of the stock market, it takes a long time for individual&#13;<br \/>\ninvestors to develop and practice investment skills. Finetic is also offering&#13;<br \/>\neducational tools and guidance that can simplify the learning curve and further&#13;<br \/>\nincrease the return on investment. <\/p>\n<p>\u00a0<\/p>\n<p><b>Relaunch&#13;<br \/>\nof Enhanced System and Algorithm <\/b><\/p>\n<p><b>Mr. Ho&#13;<br \/>\nMan-ho, Percival, Founder of Finetic<\/b> and an&#13;<br \/>\nexperienced investor, created a stock analysis program known as Percival Core&#13;<br \/>\n(the &#8220;system&#8221;) in 2005. The system collected, analysed and quantified basic and&#13;<br \/>\ntechnical (price\/volume) data of all Hong Kong stocks. The outcome of the&#13;<br \/>\nprocess is a selection of &#8220;high-growth stocks&#8221;, which have a strong foundation&#13;<br \/>\nand technical characteristics (high potential in substantial price surges). The&#13;<br \/>\nsystem has recently been improved with AI components allowing for analysis of&#13;<br \/>\neven more data and correlations as well as self-learning for better investment&#13;<br \/>\noutcomes. Apart from data analysis, the improvements allow pattern recognition&#13;<br \/>\n(including cup and handle, double-bottom, and bottom flat patterns), giving&#13;<br \/>\nreferences to users for research and execution of precise investment&#13;<br \/>\nstrategies. <\/p>\n<p>Percival said that thanks to the system, he&#13;<br \/>\nhas been able to maintain his capital strength for stock investment over the&#13;<br \/>\npast 16 years, and managed to avoid the impacts of the 2008 financial crisis.&#13;<br \/>\nIn view of Percival Core&#8217;s performance, from 2018 onwards, Percival started&#13;<br \/>\nlicensing the system-generated stock selection results then known as Amelia and&#13;<br \/>\nSwing to third party distributors. In early 2021, Percival stopped licensing&#13;<br \/>\nthe 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&#13;<br \/>\npopular demand, Percival founded Finetic Ltd., a new intelligent stock&#13;<br \/>\nselection platform through which the Percival Core system was relaunched into&#13;<br \/>\nthe market in May 2021. Apart from technical design and user experience&#13;<br \/>\nenhancements, an investor education component directly supervised by Percival&#13;<br \/>\nhas been added to better facilitate users to make profits from investing in&#13;<br \/>\nquality and profitable stocks.<\/p>\n<p>\u00a0<\/p>\n<p>Finetic Chief of Staff Virginia Chan said <i>&#8220;The Sunday Club webinars hosted by&#13;<br \/>\nPercival on the platform are well received by our members. At the events,&#13;<br \/>\nmembers can acquire stock investment basics from Percival&#8217;s experience sharing&#13;<br \/>\nand insights. Participants can also have their investment-related questions&#13;<br \/>\naddressed.&#8221;<\/i><\/p>\n<p>\u00a0<\/p>\n<p><b>Enhanced&#13;<br \/>\nFunctions to Optimise Stock Selection Precision<\/b><\/p>\n<p>Finetic has further upgraded the system by&#13;<br \/>\nintroducing a &#8220;Reinforcement Learning&#8221; algorithm \u2013 creating a complex&#13;<br \/>\nenvironment for the AI system to nurture its self-learning capability in the&#13;<br \/>\nvolatile stock market. Percival has also equipped Finetic with a &#8216;supercomputer&#8217;&#13;<br \/>\n(data science workstation) costing over US$25,000 to train the AI system to&#13;<br \/>\nbetter perform stock selection. The &#8220;Reinforcement Learning&#8221; algorithm has the&#13;<br \/>\ncapability of outsmarting its designer and ideation. <\/p>\n<p>\u00a0<\/p>\n<p>By receiving AI-recognised &#8216;rewards&#8217; whenever&#13;<br \/>\nPercival Core identifies good stocks, the AI learns from its actions. Through&#13;<br \/>\nsimulated transactions and a track record of stock picks that go through a&#13;<br \/>\nprice surge, the system begins to self-learn and discover the requisite&#13;<br \/>\nparameters of stocks with explosive growth potential.<\/p>\n<p>\u00a0<\/p>\n<p>Finetic is currently applying this advanced&#13;<br \/>\ntechnology to the research of stock buy and sell points and is near the final&#13;<br \/>\ntesting phase. Once finalized, Percival Core will be able to find stocks with&#13;<br \/>\ngrowth potential as well as their best buy and sell points, which will&#13;<br \/>\nsignificantly increase the chance of positive investment returns. Successful&#13;<br \/>\ndeployment of this technology will also provide Finetic with more favorable&#13;<br \/>\nconditions and advantages to develop in the B2B market. <\/p>\n<p>\u00a0<\/p>\n<p>In November, Finetic will participate in&#13;<br \/>\nFintech Week 2021, which is co-organised by the Hong Kong Financial Services&#13;<br \/>\nand the Treasury Bureau and InvestHK. At the exhibition, Finetic will showcase&#13;<br \/>\na range of products and services, along with the artificial intelligence&#13;<br \/>\npattern recognition technology. That will be an occasion for finance&#13;<br \/>\nprofessionals and the investing public to learn more about Finetic&#8217;s&#13;<br \/>\ntechnologies and business development.<\/p>\n<p>\u00a0<\/p>\n<p><b>Looking&#13;<br \/>\nto Enter the International Market<\/b><\/p>\n<p>The Percival Core engine has seen continuous&#13;<br \/>\nimprovements since 2005, weathering numerous market shocks including the 2008&#13;<br \/>\nfinancial crisis and COVID-19. Finetic is proud to develop in the well&#13;<br \/>\nregulated and organised financial sector of Hong Kong, and is eager to take its&#13;<br \/>\nexperience forward to service other international markets. <\/p>\n<p>\u00a0<\/p>\n<p>&#8220;Finetic has a complete and effective&#13;<br \/>\nstock selection system catering for the Hong Kong, China A-Share and U.S. stock&#13;<br \/>\nmarkets. Its offerings include a complete list of quality stock selections, market&#13;<br \/>\nanalysis and investor tools. In the future, it is planning to further expand&#13;<br \/>\nits offerings and global audience. Stock selection services for different&#13;<br \/>\ncountries\/regions such as Taiwan, Singapore, and the United Kingdom will be&#13;<br \/>\nlaunched subsequently in short succession.&#8221;<\/p>\n<p>        <\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-09-24\/95993\/finetic-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&#13; stock selection and investment education platform\u00a0 has developed its own AI-assisted investment&#13; analysis system, which provides weekly picks of quality stocks in major global&#13; markets, including\u00a0 Hong Kong, China and&#13; 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\/17704"}],"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=17704"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/17704\/revisions"}],"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=17704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=17704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=17704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}