Artificial Intelligence (AI) Detecting Stock Market Events … Early prediction of novel drug approval, M&A, etc.

4 Minute Read

Qraft Technologies, a global fintech powerhouse with expertise in AI that attracted a $140MM investment from SoftBank Group in 2022, launched AI mosaiQ.ai which predicts individual events affecting U.S. stocks utilizing its proprietary AI engine.

Qraft Technologies' AI mosaiQ.ai processes real time tick data, alternative data and derivatives from stock markets, seeking to detect unusual signals that may be indicative of a sharp rise or plunge in a stock’s price from traces left by informed traders. Investors who participate in markets with a deeper level of insight – whether they be company insiders or hedge funds or global asset managers – are called informed traders. Harnessing the power of data with the superior processing power and pattern and signal detection of artificial intelligence democratizes the information available to individual investors.

Francis Geeseok Oh, APAC CEO stated, "If AI can effectively detect events occurring in individual stocks in advance through the uncommon signal detection, not only investment returns but also risk management of individual stocks in the portfolio will be innovated."

Qraft’s mosaiQ.ai tool has achieved a hit rate of 28%, well exceeding the hit rate of randomly selecting a scenario, which has an 8% chance of predicting the event to occur. Some of the most successful signals detected in mosaiQ.ai’s AI model have predicted new drug development, M&A, and performance announcements. A few examples from the bio-stock sector include:

In the merger of Raytheon and United Technologies into $RTX (Raytheon Technologies Corp), mosaiQ.ai detected early signs of trading by insiders that led to a 25% increase from the first date of detection to two weeks later. Shortly after the merger was announced, share prices of both UTX and Raytheon implied good value for the spinoff businesses, and as of 2023, the market cap of $RTX has increased to $74.5 billion.

Hive Blockchain Technologies($HIVE), listed on the NASDAQ, is the first cryptocurrency-mining company to operate complete hydro and geothermal power plants in Canada and other countries. Due to the nature of its energy sources, compared to other crypto-mining companies, Hive Blockchain took less of a hit in 2022 from massive energy prices. Hive Blockchain recently appointed Aydin Kilic as its CEO on January 7 in 2023 . Earlier, the mosaiQ.ai engine detected an abnormal signal on December 28 of 2022 , and its stock price rose 120% by the day of the announcement.

"The mosaiQ.ai AI model will be very effective for those who want to make data-based investment decisions," said Marcus Kim, CEO of Qraft Technologies. "We expect to see demand from professional investors and domestic and foreign financial institutions. mosaiQ.ai AI will change micro-risk management for individual stocks in the stock long-short portfolio."

mosaiQ.ai AI is available in beta form at mosaiQ.qraft.ai. A limited number of full access demos are available for eligible investors and applications can be submitted via the same website. Demos are limited in number to preserve the current prediction level.