In today’s world, with the focus on developing different banking systems, it is essential to treat people individually. Therefore, it is necessary to discuss the development of investment recommendations.
The investment process is an important decision that must be made with care and consideration. Investors should research and understand the risks and rewards of different investment options, set clear objectives, diversify their portfolios and monitor their investments regularly.
Some of the best practices for making informed investment decisions include:
- Learn about the investment: Before investing in anything, it is essential to research the investment and understand the risks and rewards.
- Set investment goals: Investors should set clear goals for their investment and determine a timeframe for achieving them.
- Diversify: Portfolio diversification is an important strategy to minimise risk. Investors should consider investing in various investment options to reduce the risk of losing all of their capital.
- Consult with professionals: Investors may consider working with a financial advisor to help make informed investment decisions.
- Closely monitor investments: Investors should monitor their investments regularly to ensure they achieve their goals and consider adjusting their portfolios as necessary.
It is also important to note that investing involves a variety of options, such as stocks, bonds, real estate, cryptocurrencies and other types of financial assets. Each of these investment options has different risks, returns and time horizons.
Investing involves a variety of options, such as stocks, bonds, real estate, cryptocurrencies and other types of financial assets. Each of these investment options has different risks, returns and time horizons. Investors need to understand each option’s risks and rewards before deciding.
Considering the above, we developed a research paper in which a recommender system is set to obtain buy and sell signals from the results of technical analysis and forecasts made for companies operating in the continuous Spanish market. Through a modular design, the scalability of the model and the improvement of its functionalities were facilitated. We incorporated the following modules:
- Data mining and analysis.
- Forecasting system.
- Technical analysis module.
- Recommendation system.
- Visualisation platform.
Specifically, to integrate into a support tool, all the factors and preferences of the investor, dependencies and communication between them were presented. In addition, we generated a visualisation platform for high-level interaction between the user and the recommendation system.
The article and the development of the research can be found here.