Platform Update: Track and Refine Forecast Accuracy

Alpha Theory announced the release of its Historical Scenario Chart. This allows Alpha Theory clients to see every scenario update they have made historically in the platform, so they can see what their probabilities and price targets were for a stock at a point in time in history.

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At its core, the Historical Scenario Chart is a price history chart overlaid with every price target and probability update an analyst has ever made. Reviewing past price targets and probabilities allows analysts to refine their forecasting techniques, enhance their reputation, and make better-informed decisions in the future.

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This platform implementation can help analysts assess the accuracy of their predictions by comparing their past price targets with the actual performance of the stocks, learn from their successes and failures to refine their methodologies, and work towards building a track record of accuracy.

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Alpha Theory strives to provide investment teams with a comprehensive framework and tools to optimize their decision-making process, enhance portfolio management practices, and ultimately achieve superior investment performance.