We’ve all heard of Yahoo Finance and its trading system, but how does it work?
Read moreThe software has been praised for its ease of use and accuracy of trades, and has become a staple of Wall Street trading since its launch in 2007.
But, there are concerns about Yahoo’s ability to accurately predict which stocks are the most undervalued and overvalued, according to Mashable.
According to the data, Yahoo Finance has outperformed the index in terms of its accuracy, but it also has some issues with how it handles the stock market.
We wanted to understand why Yahoo Finance is performing so poorly compared to the S&P 500 index, according, and how the algorithm can be improved.
According the Wall Street Journal, Yahoo’s algorithms have been criticized for making trades based on data that is outdated.
According Yahoo’s Chief Investment Officer, Craig Barratt, Yahoo is taking the data that they have on its platform and using it to help their clients better identify the market, according the WSJ.
However, this is not the first time that Yahoo has been criticized.
In 2014, the company had to explain to investors that its algorithms were not 100% accurate in predicting which stocks would rise in value.
And in 2017, Yahoo announced that it was banning data brokers from using its platform in their business because it was biased against certain types of investors.