Connect with us

Hi, what are you looking for?

Business

TVC Report: FINQ triumphs over S&P 500 in 2023

TVC Report announced that FINQ, an AI-powered investment platform for everyone, triumphs over the benchmark S&P 500

Photo courtesy of FINQ
Photo courtesy of FINQ

Opinions expressed by Digital Journal contributors are their own.

TVC Report announced today that FINQ, an AI-powered investment platform for everyone, triumphs over the benchmark S&P 500, showcasing the company portfolio’s exceptional ability to navigate and excel in fluctuating conditions. Despite the United States grappling with the highest interest rates in over two decades, 2023 was a year of unparalleled success for FINQ as the company achieved remarkable feats amidst the backdrop of a dynamic and challenging market landscape. 

FINQ recently released its 2023 report highlighting the company’s outstanding performance, with portfolios significantly surpassing the S&P 500 by 1.19X. Throughout the year, FINQFIRST and FINQLAST portfolios exhibited exceptional returns, outperforming the market and delivering substantial value to investors.

In 2023, FINQFIRST displayed an impressive return of 57.66%, surpassing the S&P 500’s gain of 24.23% by 2.38 times. Leveraging advanced AI algorithms, FINQFIRST strategically purchased and sold stocks such as Meta and Palo Alto Networks, achieving substantial gains well beyond the market average.

Furthermore, FINQLAST, employing a similar data-driven approach, outperformed the S&P 500 Short benchmark by 119%, delivering a return of 4.54% compared to the benchmark’s -24.23%. Notably, shorting stocks like DVA and WHR based on FINQLAST’s insights yielded significant market outperformance, demonstrating the effectiveness of FINQ’s methodologies.

FINQEDGE, the combined assessment of FINQFIRST and FINQLAST, further solidified FINQ’s position as a leader in the investment space. In 2023, FINQEDGE returned an impressive 38.88%, significantly outperforming the S&P 500 and delivering substantial profits to investors.

The success of FINQ’s portfolios highlights the effectiveness of data-driven investment strategies in today’s complex financial landscape. By leveraging advanced AI technologies and meticulously analyzing a wide array of data, from Crowd Wisdom, and Professional Wisdom, to Company Fundamentals, FINQ has consistently delivered superior returns, empowering investors to make informed and strategic decisions.

With these metrics, it becomes increasingly evident that a data-driven approach is essential for navigating the complexities of modern finance. FINQ’s exceptional performance throughout the year serves as a testament to the company’s commitment to delivering value and excellence to investors.

Moving forward, FINQ remains dedicated to leveraging innovative technologies and data-driven strategies to continue delivering superior returns and empowering investors in their financial journey.

Avatar photo
Written By

You may also like:

Business

“We want to be the innovation capital of this country within six years.”

Tech & Science

This isn’t “artificial intelligence” yet. It’s “artificial idiocy”. It’s fixable.

World

The General Assembly often finds itself taking up measures that cannot get through the Security Council - Copyright POOL/AFP/File JOHN ANGELILLOAmélie BOTTOLLIER-DEPOISThe UN General...

Life

Those who can adapt by embracing efficiency and support tools will find themselves better equipped for the road ahead.