Join NexChange - the professional
network for the financial services
industry - and receive a free one-
year subscription to Forbes
A New App Aims to Take the Guesswork and Anxiety Out of Trading
Capital Markets, FinTech
To the novice trader or even some experienced investors, the biggest hurdle in the path of maintaining a trading career is generally the lack of clear or consistent guidance or means of stock discovery. Broker services like robo advisors and charting, analytics or research platforms are a huge boon for traders who know how to read the charts and key in what exactly they’re looking for.
But the story’s much different for those who are just starting to dabble in equities. And while expertise might come eventually, beginning traders have not had institutional-quality guidance about what stocks hold the most potential for a particular portfolio. That was the thought Appo Agbamu had when he set out to create Ahrvo, the first mobile app for traders that uses multi-factor ranking systems to process market and company financial information to provide users with easy to understand stock scores and neural network-aided smart price target.