Enthusiasm for artificial intelligence and multimedia information in the financial industry is at an all time high. Every leader in finance now feels the pressure to answer the question, “What is your AI strategy?”
Read MoreDavid Kedmey, President and Co-Founder of EidoSearch is among a select group of industry leaders to speak at the U.S. Lipper Alpha Forum & Fund Awards hosted by Thomson Reuters. The Lipper Alpha Forum entitled “Transforming Investment Research and Strategy” will precede the awards dinner taking place on March 31st at the Mandarin Oriental in
read more
"The cheapest Natural Gas in the World is in the United States"
-T. Boone Pickens
Natural Gas prices are at 3 year lows and about half of what they were at this time last year. As they say in the party game LIMBO, “how low can you go”?
May and June Futures rebounded a bit last week, in part based on expectations that warmer weather forecasts for early May in many parts of the country might help move us out of the low demand lull of Spring. However, Natural Gas storage supplies are still well above the levels at this time last year and production is starting to pick up again (recent announcement from Baker Hughes as an example).
read moreAlthough the behavior of market participants and their responses to changes in market conditions and microstructure change over time, we should expect some consistency in their expected behavior
read moreFor fundamental managers, EidoSearch’s technology is proving especially useful. It allows them to grasp the likely range of a stock’s future price movements based on both that stock’s performance into the earnings call and the different outcomes relative to analyst expectations (meets, beats, misses). This gives fundamental managers “a unique perspective into how to adjust position size in response to the probabilities,” says Kedmey.
read more
"It’s not an experiment if you know it’s going to work."
-Jeff Bezos
Amazon’s (AMZN) shares surged more than 14% on Friday amid analyst excitement about the results from Amazon Web Services, the company’s cloud-computing platform. The stock rose modestly into the release, as investors seemed to anticipate favorable news, and then popped. The question is, after this move, how do people tend to react next? Is it a good time to build a larger position or trim?
read more
"Every Exit is an Entry somewhere else"
-Tom Stoppard
Wal-Mart’s stock price has taken a beating over the past few months. After hitting an all-time high of $90.47 on January 8th, the stock is now down -14% as of Friday’s close while the market is up a little bit over the same time. Is this typically a good time to buy or a good time to get out?
read more"The addition of EidoSearch and MERA reflects our investment in Open Minds and our goal to deliver the best independent research products to our clients. We are delighted to welcome them both to our platform."
-Robert Nowicki, vice president in the Execution Services group at Bank of America Merrill Lynch
Bank of America Merrill Lynch announced the addition of EidoSearch Predictive Analytics to its BofA Merrill Open Minds alternative research platform.
read more
"You must always be able to predict what’s next and then have the flexibility to evolve."
-Marc Benioff, Founder of Salesforce.com
Netflix is up 42% over the past three months. Although the stock gave back a bunch of gains in March, it has popped another 9% over the past week after announcing that their members watched over 10 billion hours in the past quarter. The EidoSearch team has accounted for a few of those ourselves.
read more"EidoSearch is the culmination of everything I’ve been interested in: organization of information, efficiency gains through presentation of data and forecasting capability"
-Jeff Parker, founder of First Call and StreetEvents and former Chairman and CEO of Thomson Financial - Institutional Investor, July 8, 2014
If you’re unfamiliar with the EidoSearch story, here is the quick and dirty. Dr. Steven Zhang and David Kedmey started the business in 2008 after completing their MBA’s at the University of Chicago Booth School of business.
read moreEidoSearch, a pioneer in generating predictive analytics from financial time series data, has been selected to present at the respected “Alpha Innovation Required” (AIR) Summit. Hosted by Franklin Templeton Investments, the 2nd Annual AIR Summit will focus on innovation in the investment process. The event will take place on March 3rd – 5th at the W Hotel in
read moreTo learn more about our technology, research opportunities, or to get a live demo of our software, please click below.
contact us