3 ms·
> That said, if it's possible to do better than random guessing Yes - by always picking Up. Random stock on a random day has 53-55% chance of closing higher.
by spizder 3mo ago
> That said, if it's possible to do better than random guessing
Yes - by always picking Up.
Random stock on a random day has 53-55% chance of closing higher. Over 5 days, you will be right ~60%
1996–2016: 53.3% of days were positive.
2016–2021: 54.9% of days saw gains.
- nightski 3mo agoThe baseline is the market average, not 0.