Ease of Use
DeepTrading.AI is a stock research platform that aims to predict the price of stocks up to a year into the future. This research platform makes use of a deep learning-based AI algorithm to predict stock prices over multiple time frames ranging from 1 day to 12 months. Learn everything you need to know about this stock research platform by reading our complete DeepTrading.AI review.
- Stock price predictions over timeframes up to 12 months
- Covers 250 large-cap stocks from all market sectors
- Calculates accuracy for its predictions over multiple timeframes
- Low accuracy for most stocks and most prediction timeframes
- No way to sort stocks based on predicted gain/loss
- Doesn’t offer a free trial with limited predictions
DeepTrading.AI is a stock research platform that aims to predict the price of specific stocks up to a year into the future. The service uses a deep learning-based AI algorithm that’s trained on historical price data.
While the idea behind DeepTrading.AI is attractive, the platform’s predictions have a mixed track record. Keep reading our DeepTrading.AI review to find out if this predictive tool can help you find profits.
DeepTrading.AI Pricing Options
DeepTrading.AI offers two plans: Basic and Advanced.
The Basic plan costs $34 per week, $59 per month, or $641 per year. It allows you to see predictions for stock prices up to a week into the future.
The Advanced plan costs $49 per week, $95 per month, or $1,030 per year. It unlocks 1, 2, 3, 6, and 12-month price predictions.
DeepTrading.AI doesn’t offer a free trial, but you can use the weekly plans to try out the software. It also offers a free daily price prediction for the Dow Jones Industrial Average.
How Does DeepTrading.AI Work?
DeepTrading.AI uses a deep learning model to predict the price of stocks. It offers predictions over multiple timeframes, including:
- 1 day
- 2 days
- 1 week
- 1 month
- 2 months
- 3 months
- 6 months
- 12 months
The platform offers predictions for a limited selection of 250 large-cap stocks. The stocks that DeepTrading.AI covers are all from the NYSE and NASDAQ exchanges, and include the top companies in every market sector. DeepTrading.AI isn’t trying to help you discover new stocks, but rather predict the prices of stocks that already see a lot of trading volume.
Using DeepTrading.AI is pretty simple. You can add stocks to your personal dashboard and see a chart of how DeepTrading.AI’s daily price prediction matches up against the actual close price for the past four weeks. DeepTrading.AI also displays the accuracy of its daily predictions for that stock.
Each stock page displays a table with all of the current price predictions for that stock. A chart shows how the predictions have matched up to actual prices for each prediction interval. However, the stock page doesn’t give an accuracy for each timeframe. You have to go back to the stock selection tool in the dashboard to see weekly, monthly, and 3-month accuracy for each stock.
DeepTrading.AI doesn’t actually show a stock’s current price or the percent gain/loss that a prediction represents. This is somewhat frustrating because it means you have to calculate the percent gain/loss on your own for every prediction.
There’s also no way to sort stocks based on which tickers have the greatest predicted gains for any time interval. Having a way to run a basic screen based on predicted performance would make DeepTradnig.AI a lot more user-friendly.
DeepTrading.AI offers an enormous data table with all price predictions the platform has ever made for the stocks it tracks. It’s not clear how traders would use this table, but it’s nice that the platform is transparent about its historical predictions.
Are DeepTrading.AI’s Predictions Accurate?
DeepTrading.AI measures accuracy based on whether its models correctly predicted the direction of a stock’s price over a given prediction timeframe. This is a more lenient way to calculate accuracy than requiring the platform to correctly predict prices to within a certain error bound.
Still, DeepTrading.AI has an accuracy rate between 50% and 65% for most stocks over most prediction timeframes. For example, for Ford stock, DeepTrading.AI’s accuracy rates are:
- Daily: 54%
- Weekly: 50%
- Monthly: 55%
- 3-month: 51%
That means that the software is correctly predicting the direction of a stock’s price movement over these timeframes only about half the time. Considering that a 50% accuracy rate equates to a coin flip, this performance isn’t inspiring.
DeepTrading.AI has performed better for some stocks. For example, the software has an 80% accuracy rate for 3-month predictions for ConocoPhillips stock and a 79% accuracy rate for 3-month predictions for Etsy stock.
Overall, though, no stock or prediction timeframe had an accuracy rate higher than 85%. Accuracy typically declined over shorter timeframes.
DeepTrading.AI isn’t the only platform trying to predict stock prices using AI models. WalletInvestor offers similar predictions, but over timeframes up to five years. The models that both platforms use to predict stock prices are black boxes, so it’s impossible to know how the factors they consider differ.
That said, DeepTrading.AI is somewhat unique in telling users how accurate its predictions are for each stock. Many prediction platforms simply throw out a price forecast with no information about how likely that prediction is to come true. DeepTrading.AI’s predictions may be less than perfect, but you can at least use the accuracy data to decide which stocks and which timeframes to trust the predictions for.
What Type of Trader is DeepTrading.AI Best For?
While the premise behind DeepTrading.AI is appealing, the platform’s predictions aren’t consistently accurate enough for most traders to use effectively.
Without a higher accuracy rate, you can’t safely use the predictions on their own to make buying and selling decisions. Even if you combine the predictions with other data points, you run the risk of using DeepTrading.AI to confirm a decision you’ve already made. This confirmation effect can lead you to miss red flags during your analysis.
DeepTrading.AI could be useful as an idea generation tool if it offered a way to sort stocks based on their predicted gain/loss over different time intervals. However, without this feature, it’s difficult to use the platform to quickly find stocks that the models suggest could be promising.