Master Mr. Market with Military Grade AI
Introducing ChiStats NIFTY FORECASTR
A NIFTY Forecaster that deploys military grade AI & ML expertise that we have
successfully used for the Armed Forces; to forecast the NIFTY.
This gives your Futures & Options strategies a unique alpha generating advantage.
The NIFTY FORECASTR advantage
Learns real time to forecast the NIFTY movement for the immediate future.
Forecast for next Hour/Day
Forecast how will market move in the next hour/day by analysing its behaviour the previous hour/day.
The algorithm learns and adopt with time to provide a forecast without any hindsight bias.
AI Methodology Used
Uses an augmented version of Recurrent Neural Net (Deep AR Net) specifically customised to Options trading data using uncertainty estimation theories. The training input for the algorithm consists of multiple attributes of Options time series that have been generated at second level. Based on this input dataset, the algorithm trains a model that learns to characterise the dynamics/motion of LTP movement, and such a continuous learning model can be is used to predict the trend for future hours and days.
Military Grade AI at Work in Forecasting Nifty
Highly uncertain and confusing environment which is rapidly changing
Short time to make an accurate actionable forecast
Similar situations in battlefields and in FNO trading
Vast experience in Military domain deployed to bring you Forecastr
How ChiStats NIFTY Forecastr can be used to create Profit
Key to profit is avoiding bad trades or getting out of them quicker and staying longer in the good ones
Nifty Forecastr gives you hourly and daily forecasts for H,L,C with bands
Use these forecasts to set suitable Stop Loss and Target Profit levels or to choose which strategies to deploy
Use our high directional accuracies to construct risk free , regularly repeatable trades for small returns
Here you will find answers to the questions we get asked the most about the ChiStats NIFTY FORECASTR
These forecasts need to be understood in 3 different ways.
Directional Accuracy - If the forecast says that a certain parameter is going to move in a certain direction with respect to another parameter, then what is the chance that it moves that way. Example of Directional Accuracy – The forecaster says that the current period High for the Instrument will move upwards as compared to the Previous Period High and the actual movement is in the same direction - What is the chance of that happening? That chance is very high.
Quantum Accuracy - Each forecasted movement is classified into 3 bands - A weak movement, A medium movement and a strong movement. What each of these bands mean in exact quantity terms is given on the respective forecast pages. Example of Quantum Accuracy - If the Forecaster says that the movement in a particular direction is going to be a strong movement then what is the chance that the movement is in the same direction and a strong one. What is the chance of that happening? That chance is moderate.
Band 3 Accuracy - Most profits will be made when there is a Band 3 movement. If the Forecaster forecasts a Band 3 movement, then the chance that the Directional Accuracy will be high is called the Band 3 Accuracy. This is the ideal participation zone. This chance is very high.
NIFTY Forecastr has been developed by ChiStats, a data science company that helps businesses realise the power of AI to unlock value. ChiStats works in transformative technologies has helped clients create newer value propositions and accelerated the business value. ChiStats has solved complex problems for various industries from Defence to Oil and Gas to Insurance
ChiStats is the winner of 'Dare to Dream Innovation Contest' hosted of Defence Ministry, Government of India and part of the NASSCOM, CoE for IOT and AI.