SAN DIEGO, Dec. 10, 2018 /PRNewswire/ -- Analytics Ventures, a fund dedicated to creating and building venture companies that harness the power of artificial intelligence (AI) technologies, today announced the addition of AlphaTrAI to its venture portfolio. AlphaTrAI is a proprietary AI-based automated trading platform that fuses the latest explainable AI (XAI) techniques with multiple sophisticated trading strategies. With three-year back-testing results extending into the current volatile trading atmosphere, AlphaTrAI has outperformed the Standard & Poor's (S&P) 500. The company is now moving to live, real-time trading for the next phase of validation.
"AlphaTrAI consistently outperformed top hedge funds during back testing due to the proprietary end-to-end trading algorithms which provide superior event detection, price prediction, stock selection, and trade execution," stated Navid Alipour, managing partner at Analytics Ventures.
Since 2016, a team of AI scientists with diverse backgrounds in computational physics, signal processing, and financial markets has built the AlphaTrAI platform. This has led to a unique approach inspired by concepts from quantum physics and dynamical systems, delivering exceptional market performance. Multiple trading strategies have been integrated into a single execution, and additional strategies are continuously tested and incorporated to enhance performance outcomes. Already highly predictive in terms of price, behavior, and trends recognition, the platform's algorithms are built for continuous market adjustments.
"I've been incredibly impressed with the unmatched bench strength of AI talent working behind the scenes to develop AlphaTrAI," noted Bill Dwyer, former president of LPL Financial. "The results achieved during the validation phase, which include a 24 percent increase in fund value verses S&P fund growth of 1.79 percent over the same period, speak for themselves."
In addition to the AI algorithm, the AlphaTrAI engineering team has delivered a scalable, robust, end-to-end platform that is able to take in AI models and convert them to successful trades. The automated platform provides real-time tracking and dashboarding of the results.
"I have been in the investment management business for 35 years and have consistently maintained a cynical view of black-box quantitative trading systems," said Michael Rosen, CEO Context Capital Management. "The Analytics Ventures trading platform, AlphaTrAI, however, is the first I have been exposed to that seems to use AI to the fullest."
For more information, visit www.alphatrai.com or contact Navid Alipour, at [email protected].
About AlphaTrAI
AlphaTrAI is an AI-based equity trading platform. The trading algorithm is proprietary in nature and has been built with a one-of-a-kind fusion of the latest AI techniques from concepts of quantum physics and dynamical systems. With three-year back testing results extending into the current volatile trading atmosphere, AlphaTrAI's end-to-end automated trading platform has outperformed the Standard & Poor's (S&P) 500. For more information, visit www.alphatrai.com.
About Analytics Ventures
Analytics Ventures is a venture studio fund providing front-to-end infrastructure to ideate, form, launch and fund brand new companies in artificial intelligence (AI). With its own in-house AI lab, technology, back-office, and marketing setup, Analytics Ventures takes companies from formation to public launch in as little as six months. Supported by a large network of corporate and academic partnerships, as well as other venture funds, Analytics Ventures has launched leading AI ventures ranging from financial services, to healthcare, advertising and more. To learn more about Analytics Ventures, visit www.analytics-ventures.com.
SOURCE Analytics Ventures
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