Frequently Asked Questions
Find answers to common questions.
- What is TradingMind.AI?
- This platform aims to be a comprehensive and user-friendly way to access real-time stock data and carry out AI assisted financial analysis.
- By combining data from trusted sources and the power of the latest Gen AI models, we want to provide investors, traders and equity analysts with a quick, efficient and dependable way to access and interpret all the information that is available for stocks in the US and the global markets.
- Users are able to combine financial statement insights, with future growth estimates, analyst ratings and market data to get a complete picture of a company. You can assess if the market expectations are backed by strong fundamental data, compare to other companies of the same industry and sector etc.
- We want users to be able to customise the analysis to their needs, by searching the market and applying their own filters, using metrics and any financial data that they are interested in.
- Current limitations:
- This is still a work in progress and a system that is still under development.
- User can already access AI generated insights for the US stock market, and use the AI assistant to carry out market wide searches and asset comparisons.
Non-US stocks can be analysed through the AI assistant on their latest price and fundamentals only if specific tickers are provided.- For crypto currencies and physical currencies, ETFs, we only support technical analysis.
As we add new features, we will update this page. - How frequently is your data updated?
- Our systems are updated with the latest filings, earnings reports, statistics, analyst ratings, and market data on a 24/7 basis.
- Where does TradingMind.AI get its data?
- Our datasets are sourced mainly from Twelve Data, Alpha Vantage and the SEC EDGAR filings API. We will be adding more datasources as we enable new features.
- How do you classify companies and calculate industry averages?
- We classify companies according to the Global Industry Classification Standard (GICS)
- Industry averages are calculated by using the expected earnings and revenues and calculating market cap weighted averages.
- How does TradingMind.AI's artificial intelligence work?
- We leverage the latest foundation models mainly but not exclusively from OpenAI to conduct a multi-dimensional analysis of each stock. This involves:
- Growth & Price Comparisons: The AI assesses projected growth metrics and price expectations for the current and upcoming year. It then compares these figures to industry and sector averages.
- Financial Health Scoring: Using the latest quarterly and yearly financial statements, our models generate a composite health score. This score considers liquidity, solvency, profitability, and other key metrics to offer a snapshot of the company’s financial stability.
- Qualitative Insights: Beyond the numbers, our AI extracts meaningful narratives from recent filings, MD&A sections, and footnotes. This qualitative layer uncovers management strategies, emerging risks, and growth prospects not always evident in raw data.
- Technical Analysis: The AI reads last's years OHLC data and in combination with the MACD, and RSI indicator, generates a technical analysis report.
- How accurate is the data and AI analysis?
- We have both automated and manual validation processes in place to ensure data accuracy and the quality of AI-generated insights. However, we are still working hard to refine these methods, and we cannot guarantee that every assessment is correct 100% of the time. As with any advanced technology, AI can make mistakes. We recommend using these insights as a starting point and applying your own knowledge, or professional guidance before taking any decisions.
- Do you offer support if I have questions not covered here?
- Please reach out to our support team through one of our channels.