Hacker News new | ask | show | jobs
by spizder 11 days ago
> That said, if it's possible to do better than random guessing

Yes - by always picking Up.

Random stock on a random day has 53-55% chance of closing higher. Over 5 days, you will be right ~60%

1996–2016: 53.3% of days were positive. 2016–2021: 54.9% of days saw gains.

1 comments

The baseline is the market average, not 0.