AI is becoming a key tool for the stock market investor. It can quickly analyze large amounts of data, monitor a portfolio and offer personalized recommendations according to the risk profile, emphasizes Vincent Aurez, president of FIGEN AI, columnist for Capital.
Vincent Aurez is president of FIGEN AI and a columnist for Capital.
What if your next stock market advisor were an artificial intelligence (AI)? In the short term, these AIs act as assistants helping with stock-market decisions, but humans remain in control. In the medium and long term, their autonomy could increase to the point of partially managing investments. In a few seconds, a digital assistant could analyze your portfolio, review market moves and suggest several rebalancing options.
"Tech stocks corrected this afternoon. I reduced your exposure to the most volatile issues and strengthened your positions in more defensive sectors. Your portfolio is up 1.3% this week."
This scenario, which still seemed like science fiction a few years ago, could soon become reality for retail stock investors. The idea of a virtual financial assistant is no longer a chimera. These digital agents powered by artificial intelligence are now able to analyze markets, monitor a stock portfolio and propose rebalancing based on the investor's risk profile. Unlike simple financial chatbots, these systems can interpret market data, converse in natural language and formulate personalized investment recommendations.