buy and hold
Can LLM-based Financial Investing Strategies Outperform the Market in Long Run?
Li, Weixian Waylon, Kim, Hyeonjun, Cucuringu, Mihai, Ma, Tiejun
Large Language Models (LLMs) have recently been leveraged for asset pricing tasks and stock trading applications, enabling AI agents to generate investment decisions from unstructured financial data. However, most evaluations of LLM timing-based investing strategies are conducted on narrow timeframes and limited stock universes, overstating effectiveness due to survivorship and data-snooping biases. We critically assess their generalizability and robustness by proposing FINSABER, a backtesting framework evaluating timing-based strategies across longer periods and a larger universe of symbols. Systematic backtests over two decades and 100+ symbols reveal that previously reported LLM advantages deteriorate significantly under broader cross-section and over a longer-term evaluation. Our market regime analysis further demonstrates that LLM strategies are overly conservative in bull markets, underperforming passive benchmarks, and overly aggressive in bear markets, incurring heavy losses. These findings highlight the need to develop LLM strategies that are able to prioritise trend detection and regime-aware risk controls over mere scaling of framework complexity.
- North America > United States > California > San Francisco County > San Francisco (0.14)
- North America > United States > California > Los Angeles County > Los Angeles (0.14)
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2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
Artificial intelligence (AI) has become an emerging growth sector in the tech economy. Both start-ups and established tech companies are working to capitalize on the technology. Analysts at Grand View Research estimate the AI market could expand to $1.8 trillion annually by 2030, suggesting a compound annual growth rate of 38% over the next eight years. These increases should serve as a solid tailwind for numerous AI stocks, and both Alphabet (GOOGL 5.11%) (GOOG 5.20%) and Palantir (PLTR 7.72%) appear well-positioned to enrich long-term investors through AI. Let's find out a bit more about these two artificial intelligence stocks.
- Information Technology (0.54)
- Banking & Finance > Trading (0.34)
HERE ARE 10 BEST AI SOFTWARE STOCKS TO BUY AND HOLD IN 2022
Countless agencies stand to advantage from AI, however a handful of agencies have commercial enterprise fashions centered especially on automation. Market Cap: US$8.771 billion Kellton Tech Solutions is a Hyderabad-primarily based totally records generation and outsourcing enterprise with places withinside the United States and Europe. Kellton Tech creates cutting-edge, centered AI answers to demanding situations that historically wanted a superb lot of human intellect, starting from system getting to know to deep getting to know. Happiest Minds To assist corporations offer immersive client studies and surpass the competition, integrate augmented intelligence with herbal language processing, photo analytics, video analytics, and upcoming technology like AR and VR at Happiest Minds. Happiest Minds believe and expand the subsequent era of smart structures able to thinking, getting to know, creating, and making selections withinside the equal manner that people can.
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- Information Technology > Software (0.51)
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Top 10 Best AI Software Stocks to Buy and Hold in 2022 and Beyond
Companies employ artificial intelligence in two main ways. Many tech companies use Artificial Intelligence, Machine Learning, and Analytics to make their existing operations more powerful through high-profile applications including robotics, self-driving cars, and virtual assistants. According to reports, the global artificial intelligence market is on track to hit more than US$554 billion in total revenue by 2024. Countless companies stand to benefit from AI, but a handful of companies have business models focused specifically on automation. This article features the top 10 best AI software stocks that provide unique and advanced AI algorithms at fast speed and more reliable solutions at competitive rates.
- North America > United States (0.17)
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2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade
If you ever wondered what it would feel like to invest in Amazon (NASDAQ:AMZN) 20 years ago, investing in companies focused on artificial intelligence today has the potential to reproduce that feeling. Research firm International Data Corporation, which is owned by The Blackstone Group (NYSE: BX), expects that global AI spending will jump from $328 billion in 2021 to more than $554 billion in 2024, a compound annual growth rate (CAGR) of 17.5%. AI is quickly modernizing dozens of industries, making them more efficient. Two industries in particular, insurance and business automation, are being disrupted by two companies focusing on using AI and machine learning to optimize efficiency: Lemonade (NYSE:LMND) and UiPath (NYSE:PATH). And if investors hold these companies for the next decade and longer, they could see incredible returns.