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

Name: What is the role of data mining in the investing world?
Uploaded: Nov 25, 2020 AEDT
Duration: 1 min 54 s
Description: 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 forec...

November 25, 2020 09:34 PM AEDT
Team Kalkine

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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.

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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