Danelfin Review – Does AI Stock Picking Work?

Danelfin is a inventory evaluation platform that makes use of synthetic intelligence to fee shares and determine potential buying and selling alternatives. It covers each US and European shares and ETFs, plus charges complete market sectors and industries.

Based on Danelfin, a portfolio of US shares created utilizing its AI predictions returned 158%  from 2017 to 2022 in comparison with 70% for the S&P 500. That’s higher than many inventory selecting newsletters.

So, is Danelfin best for you? Maintain studying our Danelfin assessment to seek out out all the pieces you’ll want to find out about this service.

Danelfin Pricing Choices

Danelfin affords three pricing plans: Free, Plus, and Professional.

The Free plan affords 10 inventory and ETF experiences per thirty days, entry to the highest 20 ranked shares, the highest two commerce concepts primarily based on Danelfin’s AI inventory scores.

The Plus plan prices $25 per thirty days or $204 per 12 months. It affords limitless experiences, entry to the platform’s full lists of inventory and ETF rankings, and the highest 25 commerce concepts.

The Professional plan prices $70 per thirty days or $588 per 12 months. It offers you entry to all of Danelfin’s commerce concepts, buying and selling alerts primarily based on basic and technical evaluation, and the flexibility to export information.

You possibly can check out the Plus or Professional plan free for 14 days.

Danelfin Options

AI Inventory Scores

The principle characteristic that Danelfin affords is AI-powered inventory scores. The service charges 1000’s of US and European shares on a scale from 1-10, with 10 indicating a robust purchase prediction. Scores are primarily based on 252 market days for US shares and 500 market days for European shares. 

Danelfin’s algorithm assigns subscores for a inventory’s fundamentals, technicals, sentiment, and danger. In whole, Danelfin says it analyzes 600+ technical, 150+ basic, and 150+ sentiment indicators for every inventory and ETF in its database.

The service doesn’t say precisely what all of those metrics are, nevertheless it does present a stunning quantity of transparency about how general scores are calculated. If you click on on a inventory, for instance, you may see a very powerful basic, technical, and sentiment indicators that had been ranked within the AI’s evaluation. There are often 20-40 of those, and Danelfin shows the present worth, rating (on a 1-10 scale), sign significance, and calculated odds to beat the marketplace for every of them.

That’s a powerful quantity of transparency for an AI inventory rating platform. Most of Danelfin’s opponents, like Tykr and Stocklabs, don’t present a lot element about how algorithmic inventory scores are decided.

One other factor that’s good about Danelfin is it really retains monitor of how nicely its AI algorithm performs for every inventory and ETF. On any inventory web page, you may see a value chart annotated with all purchase alerts (that’s, days when the AI rating reached 7 or larger). A desk reveals the common efficiency of those alerts 1, 3, 6, and 12 months later. You possibly can even dig in to have a look at each single purchase sign and the way it turned out.

It is a massive deal for algorithmic inventory investing. Having the ability to actually dive into previous outcomes offers you extra confidence within the algorithm. It additionally permits you to see, for any particular person inventory you’re considering of shopping for primarily based on Danelfin’s suggestions, how nicely the algorithm has carried out for that inventory up to now.

High Shares and ETFs

Danelfin makes use of its AI scores to create lists of the top-rated shares and ETFs day by day. These lists are fairly useful for producing commerce concepts. One factor that’s very nice is you may filter the lists to solely present shares which have a win fee of no less than 60% from previous purchase alerts (or 70% for promote alerts).

Past that, there aren’t plenty of filtering choices for shares—you may filter by nation, however that’s about it. Danelfin doesn’t have something approaching a inventory screener, which is likely one of the greatest shortfalls of the platform. You possibly can kind the ETF record by area, benchmark index, theme, asset class, and technique.

Danelfin additionally calculates scores for market sectors and industries. These are primarily based on the common scores of every of the shares in that sector or business. This isn’t a groundbreaking characteristic, nevertheless it’s good that Danelfin aggregates its inventory scores on this approach.

Commerce Concepts

Danelfin’s commerce concepts record is just like the highest shares record, however with a couple of extra filters utilized. It solely covers US shares with a market cap of $500 million, and shares within the record have no less than a 60% win fee from previous alerts (70% for promote alerts).

You possibly can select one, three, or six-month commerce timeframes. The desk reveals the win fee and common return for every inventory over that timeframe. 

Customization and Structure

Danelfin lets you create portfolios, which makes it simple to observe scores for shares you personal or need to watch. You possibly can obtain electronic mail alerts when the scores of shares in your watchlist are upgraded or downgraded.

Apart from that, there isn’t a lot about Danelfin that’s customizable. The platform is fairly streamlined and doesn’t attempt to throw in a kitchen sink of additional options.

Danelfin Platform Differentiators

Danelfin is much from the one platform to make use of AI to rank or rating shares. Tykr, Stocklabs, Merely Wall St, and In search of Alpha all do that, to call a couple of opponents.

What makes Danelfin completely different is the diploma of transparency it affords into how its scores are calculated. You possibly can see a very powerful variables that contributed to a inventory’s rating and see how the general rating breaks down into basic, technical, sentiment, and danger subscores.

On high of that, Danelfin treats its scores as alerts and tracks their efficiency. You possibly can look again at how purchase alerts have carried out for every inventory over a number of timeframes. This supplies much more confidence in Danelfin in comparison with different providers, a lot of which require you to blindly belief that an AI-powered purchase sign will work out in your favor.

What Kind of Dealer is Danelfin Greatest For?

Danelfin affords commerce concepts over one, three, and six-month timeframes, so it’s finest for swing merchants and lively traders. You should utilize the platform’s AI scores on their very own, however you must really feel snug doing your individual technical or basic evaluation to determine what alerts to behave on.

Danelfin will be very helpful for producing funding concepts. It’s value contemplating as a substitute for (or along with) a inventory selecting service like Motley Idiot Inventory Advisor or In search of Alpha.