New model processes tick data from stock and options markets to identify patterns that could imply corporate events.
Qraft Technologies, a leading invest-tech company developing artificial intelligence investing solutions, announces the launch of mosaiQ.ai, a unique, AI-powered model designed to capture patterns that could imply corporate events by processing tick data from the stock and options markets. These stock-level signals can occur in advance of certain events — including M&A, earnings shocks or FDA drug approvals — and deliver unique alpha-generating insights through the mosaiQ.ai SaaS platform. Published daily, the model scans for unusual patterns across thousands of stocks, flagging potential equity investment opportunities and risk warnings.
Qraft Technologies has conducted extensive research and testing on the mosaiQ.ai model. Its findings indicate that investors utilizing this AI tool can potentially achieve a three-fold increase in the efficiency of detecting corporate events, compared to a random selection approach. Impressively, the model has demonstrated a hit rate of 28%1, which significantly surpasses the 8% hit rate that could be expected through random selection.
The U.S. stock market generates a vast volume of tick data every day, amounting to several terabytes. Analyzing the breadth of available market data can be a daunting task for humans. However, artificial intelligence empowers investors with key insights and information. mosaiQ.ai analyzes various types of market data, including but not limited to real-time tick data and derivatives data, with the goal of effectively identifying traces of smart money or informed traders.
“We’re pleased to deliver our newest AI-powered investment solution with the introduction of mosaiQ.ai,” says Marcus Kim, founder and CEO of Qraft. “Though markets remain uncertain and volatile, AI technology holds the power to deliver results beyond the limitations of human biases, accounting for mass amounts of data like that of the options trading market. This new model is a continuation of our leadership in delivering cutting-edge, technologically advanced products tailored for the evolving financial industry.”
mosaiQ.ai is available in beta version at https://mosaiq.qraft.ai/. A limited number of product access opportunities are available for eligible investors, and applications can be submitted via the same website.
About Qraft
Qraft is a fintech company aiming to drive growth in the asset management industry through its innovations in artificial intelligence (AI) and investing. Qraft offers a variety of AI-powered investment solutions, including a security selection engine, asset allocation engine, robo-advisory solution and an AI order-execution system. From data processing to alpha research and portfolio execution, Qraft has an established track record in developing cutting-edge AI solutions that have been adopted by over 20 financial institutions worldwide. In 2022, Qraft received a US$146 million investment from SoftBank Group, entering into a strategic partnership to accelerate AI in the asset management industry.
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1 For the next one month (data referring to Refinitiv Corporate Event, last 30 days).
View source version on businesswire.com: https://www.businesswire.com/news/home/20230411005353/en/
Contacts
Media:
Klaudia Wierzbowska
Gregory FCA for Qraft
Email: klaudia@gregoryfca.com
Phone: 570-856-1360