TipRanks, a leading FinTech company that developed the world’s first financial accountability engine ranking analysts and other financial experts, announced the launch of its Top 25 Expert Center.
TipRanks users can now easily find a top 25 list of the top performing expert in any category or sector of their choice and can also follow any expert with a single click, ensuring real-time access to any new recommendation.
TipRanks uses cutting edge machine learning to track and measure different types of experts, including Sell-Side Analysts, Financial Bloggers, Hedge Fund Managers and more. The Top 25 lists are extracted from a database of over 55,000 experts and TipRanks measures them by their ability to generate excess returns year after year. Users can also measure experts by comparing their returns to the S&P500 or specific sectors and can adjust the time frame on which every “expert recommendation” is measured.
CEO Uri Gruenbaum states, “This new development is part of our ambitious goal to bring transparency to the markets, showing the individual investor who’s worth listening and who’s not when it comes to financial advice. Our powerful machines have done all the heavy lifting analyzing millions of data points. Now all our users need to do is pick the most accurate experts and with a single click follow their real time ‘tips.’”
Elliot Spitzer, former Governor of New York and one of TipRanks’ investors states, “I am thrilled about TipRanks’ new Expert Center. As a disruptive company which holds financial experts accountable for their calls, TipRanks is proving once again that it is committed to helping investors by easily allowing them to find those worth paying attention to.”
TipRanks, launched in 2012, is a website that allows individual investors to know what tens of thousands of experts say about their portfolio. The company developed an algorithm that uses measured performance and past ratings to rank analysts, bloggers, corporate insiders, and hedge fund managers based on the accuracy of past predictions. By allowing the user to filter out any underperforming experts, users can view only the top performers whose investment advice is proven and trustworthy. TipRanks also provides information about specific stocks based on aggregating analyst predictions, price targets, and past ratings.