FAQ
What is WOC Street, and why should I use it?
WOC Street is an AI news analytic platform that harnesses the power of Large Language Model (LLM) technology to process news articles, providing critical insights to traders and investors.
Our AI performs the below analysis so you don't have to, saving you hours of reading yourself.
Potential stock price impact on a symbol
Potential stock price impact timeframe on a symbol
News Classification
News relevance level to a symbol
News summarization
How is WOC Street different from traditional news aggregation services?
Unlike traditional news aggregation services, WOC Street's AI doesn't just collect and display news. It processes, summarizes, and analyzes the news to present actionable insights, making it a unique tool for investors who need to understand the potential market impacts of various news events quickly and save valuable time.
Is AI News Analysis Rating accurate? Is it better than traditional sentiment analysis?
A testament to the power of LLM is the University of Florida research, which yielded an astonishing 500% return in 14 months (Read more here). The research suggested that advanced LLMs have significantly stronger predictability vs traditional sentiment analysis that identifies the positive/negative tones of an article.
While WOC Street's AI strives for accuracy, the analysis provided is meant for informational purposes and not as financial advice. It's essential to read the full articles and form your own judgment before making any investing decision. You may not agree with AI ratings sometimes. That said, AI will likely get better and better as time progresses.
What are events?
Event-driven investing is a strategy employed by hedge funds to capitalize on opportunities arising before or after corporate announcements. Traditionally, it was exclusive to institutional investors. We've not only democratized access to this powerful strategy but also enhanced it with the precision of AI technology.
What's your current coverage?
WOC Street currently covers 8000+ major US stocks in NYSE, NASDAQ, and AMEX.
Do you offer API Access?
Yes, Pro users can get an API key to access the API.
Our clients use it mostly for academic research, professional trading, and algo trading to monitor opportunities and risk management.
Question?
You can email admin@wocstreet.com or join Discord.
Disclaimer: The content provided on this Website should be used for informational purposes only and in no way should be relied upon for financial advice.
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