ποΈHow Does It Work?
"In the short run, the market is a voting machine"
Benjamin Graham
Solex.ai is a forecasting Platform designed to synthesize tactical financial market forecasts from user-submitted predictions in real-time. You can either just browse around or join the community and engage in forecasting by:
Picking a chart - each represents a price of a financial index like the S&P 500 over the next 30 days;
Picking a level - one that you believe it will reach by market close on one of those future dates;
Forecasting - you get 10 attempts on every chart every day, use it or lose it.
While you submit your opinion, we aggregate forecasts across the forward days and show them live as a line representing what our community believes to be the most likely near-term trajectory for that index.
We track all forecasts and once the actual market values are known, assess the accuracy of predictions. Every forecast submitted gets a score and users are ranked according to their scores.
Once we are fully up and running, we aim to generate revenue via advertising, sponsorships and custom analytics. A sizeable proportion of revenue generated will be used to reward the most accurate forecasters.
While we make no representation whatsoever that any of our predictions will come to pass, neither does any financial advisor. In our case, however, you can see the predictions developing live and you can also see all of their histories.
In professional circles, a hit ratio of 60% is considered quite good. To paraphrase, this is when an investor (advisor) gets the direction of the market correct in 6 out of every 10 trades (recommendations), on average.
How good are we? Judge for yourself.
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