Indra develops and provides a free application to predict the evolution of stock market values
| Date: September 6, 2010 | Source: Europa Press |
| Category: Bags and Markets | |
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Indra , along with the departments of Informatics, University of Murcia and Universidad Carlos III de Madrid has developed a system based on semantic technology to predict the evolution of stock market values.
The application, available online http://innovation-labs.com/SocialSONAR and open to anyone who is interested in developing a customized portfolio includes a 2.0-based collaborative technologies that allows users to create, modify or clear information on investment "is interactive, easy and fast," the company said.
Specifically, the web platform has a node that feeds on the information available on the Internet and is able to record it semantically according to the valuation of stocks based on the income of a company and the influence they may have external data (primary analysis) and the historical contribution of an asset (technical analysis).
The solution also features a "neural network trainer"-an artificial intelligence tool for the system to adapt to new market situations and maintainers of the parameters used in the calculation of forecasts.
The prototype has been developed using the SONAR platform project, which culminated in the development of a financial search engine based on semantic technology.
The "Sonar 2", with a total investment of 590,000 euros, is part of the Avanza I + D Program of the Ministry of Industry, Tourism and Trade and has been led by the Innovation Indra Software Labs located in development center of Madrid.
The company explained that the goal of "SONAR 2" is to facilitate the task of investors and financial analysts through systems and technology from artificial intelligence field, but can also be used by individuals, because its environment is fully configurable depending on the role of each user.
