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What is the role of data mining in the investing world?

  • November 25, 2020 09:34 PM AEDT
  • Team Kalkine

Any informed investor knows the value of data in this erratic market. The process of data collection is in itself a vast and tiring task. Analysts around the world gather and analyze the various sets of data available and work up a model to forecast the behavior of a market. The revolution in information technology has enabled people to access data and information with ease.

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The Source of the data is the most important. Having said that, investors and traders first check the source of information to check the authenticity of the data.

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