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Stockreport

Data Mining For Investment Gems Is A Popular Failure [Forbes]

Automatic Data Processing, Inc. (ADP)  More Company Research Source: Forbes
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Data Mining For Investment Gems Is A Popular Failure Abstract digital code numbers Getty Data mining – The hunt for hidden correlations that others do not see. Sounds great, what with all the data and computing power available. But, wait… Don’t all investors have access to those resources? Then why should we think there is something yet to be discovered? Data mining is not like Bitcoin mining where you know when you have it. Instead, a “new” correlation unearthed only looks shiny – we do not really know whether it is valuable or fool’s gold. I met my (perhaps, In 1974, I was a consultant at the New York City office of Cyphernetics, a computer time-sharing firm. That year, the company worked with Chase Manhattan Bank to put up the Chase Econometrics Database on Cyphernetics’ computer installation. Doing so allowed users at Chase and elsewhere to access all the data and pre-programmed statistical programs. This was a huge step forward at the time. (See more information at the end of thi [Read more]
IMPACT SNAPSHOT EVENT TIME: ADP
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Stockreport

Data Mining For Investment Gems Is A Popular Failure [Forbes]

Automatic Data Processing, Inc.  (ADP) 
More Company Research Source: Forbes
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Data Mining For Investment Gems Is A Popular Failure Abstract digital code numbers Getty Data mining – The hunt for hidden correlations that others do not see. Sounds great, what with all the data and computing power available. But, wait… Don’t all investors have access to those resources? Then why should we think there is something yet to be discovered? Data mining is not like Bitcoin mining where you know when you have it. Instead, a “new” correlation unearthed only looks shiny – we do not really know whether it is valuable or fool’s gold. I met my (perhaps, In 1974, I was a consultant at the New York City office of Cyphernetics, a computer time-sharing firm. That year, the company worked with Chase Manhattan Bank to put up the Chase Econometrics Database on Cyphernetics’ computer installation. Doing so allowed users at Chase and elsewhere to access all the data and pre-programmed statistical programs. This was a huge step forward at the time. (See more information at the end of thi [Read more]
IMPACT SNAPSHOT
EVENT TIME:
ADP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS