Benzinga · Nov 8, 2022
AI Indicator Of Firm Famous For Tesla Bet Flashes 'Cautious' Sign For US Stock Market This Week
Qraft Technologies’ AI Risk Indicator has pointed to a risk level of 22 for the week of Nov. 7, in the "cautious" range, an increase from the risk level of 13 recorded the prior week. This indicates that the model anticipates relatively stable potential equity market returns. What Happened: Qraft’s AI model forecasts median risk in the near term in the equities market relative to historic levels, the company explained in a report. Over the past 20 years, when risk has been in this range, U.S. large-cap equities had an annualized volatility of 23.28%, it ...Full story available on Benzinga.com

