Cryptocurrency Q&A Is ChatGPT good at predicting stocks?

Is ChatGPT good at predicting stocks?

Alessandra Alessandra Fri Dec 06 2024 | 5 answers 1096
I'm curious about ChatGPT's ability in the stock market. Specifically, I want to know if it's good at predicting stocks. Can it analyze market trends and provide accurate predictions? Is ChatGPT good at predicting stocks?

5 answers

IncheonBlues IncheonBlues Sun Dec 08 2024
ChatGPT has demonstrated a remarkable ability to predict subsequent daily stock returns.

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Isabella Isabella Sun Dec 08 2024
Its predictive performance surpasses traditional methods, indicating a potential shift in the way stock market predictions are made.

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QuasarPulse QuasarPulse Sun Dec 08 2024
Researchers have developed a model that incorporates information capacity constraints and limits to arbitrage to explain this predictability.

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Dario Dario Sat Dec 07 2024
The model also rationalizes the use of large language models (LLMs) in predicting stock returns, further enhancing its credibility.

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CryptoEmpireGuard CryptoEmpireGuard Sat Dec 07 2024
Notably, the predictability of ChatGPT's scores is even more pronounced among smaller stocks, suggesting its potential utility in a broader range of market conditions.

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