AI models can predict next week's stock market prices with 100% accuracy
Analysis
The statement that AI models can predict next week's stock market prices with 100% accuracy is not supported by the references. Achieving 100% accuracy in stock price prediction is deemed impossible due to the complexities of the market and the need for complete knowledge of the world. While AI can achieve high accuracy in trend predictions, it does not guarantee 100% accuracy. The references consistently highlight the limitations of AI in making perfect predictions, indicating that the statement is rather incorrect.
Sources
the system achieves overall high accuracy for stock market trend prediction
Fund manager Guy De Blonay suggests 80% of the stock market is controlled by AI, making decisions faster than any human trader could do.
Alpaca is an AI tool for stock trading and price prediction in 2024 which permits computerized excessive-frequency buying and selling.
To be able to predict stock prices 100% accurately means the algorithm would need to know the state of the world
accuracy is the most employed performance metric of the predictive models.
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