Cindicator’s ‘Hybrid Intelligence’ Arrives on Bloomberg Terminal

The company Cindicator, which develops analytics and trading tools for cryptocurrency and traditional markets, has launched the CND app on Bloomberg Terminal. With it, traders and investors can access profit indicators created by the ‘hybrid intelligence’ powered by artificial intelligence (AI), ForkLog representatives said.

Currently, the CND app offers three types of indicators for blue chips of the US stock market, including Tesla, NVIDIA and Apple.

EPS Indicator shows whether the Wall Street consensus will be breached. The company says that since 2016, the CND indicators have correctly signalled an exceedance of the consensus forecast in 70% of cases.

Optimism Indicator reflects traders’ expectations of the reaction on the first trading day after the earnings release.

Guidance Indicator shows whether the guidance in the report will be positive or negative.

“Dominant moods are now decisive for stock analysis. CND quantitatively evaluates moods for each earnings report in three digits, which simplifies their use in both discretionary and algorithmic trading. We are pleased to share our products with Bloomberg users and look forward to joint innovations,” said Mike Brusov, co-founder and CEO of Cindicator.

“Hybrid intelligence” processes the forecasts of 163,000 users of the Cindicator app.

In September 2017, Cindicator completed a token sale and raised $15 million.

In December 2020, analysts on the Cindicator platform predicted Bitcoin would rise to $29,569.

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