myStockDNA, a pioneering fintech firm focused on AI-driven portfolio management, introduces Darwin, an advanced AI model that targets higher portfolio returns by managing risk.
“The concept of reducing risk and as a by-product achieving superior returns may seem counter intuitive, but is highly effective. Our goal is simple: to navigate the market like a seasoned driver avoiding traffic jams,” explains Prof. Muthuraman, an early investor and advisor who also serves as the faculty director of the Center for Research and Analytics at the McCombs School of Business at the University of Texas, Austin. “We prioritize steady growth over volatile gains, offering investors a smoother journey to their financial goals.”
Darwin, the brainchild of myStockDNA’s research and development team, represents a groundbreaking approach to portfolio management. Instead of traditional stock-picking methods, Darwin adopts an evolutionary strategy where assets and strategies compete for allocation in a portfolio. This innovative model rewards consistency and prioritizes lower risk-taking, ultimately aiming to achieve superior returns.
Darwin enabled strategies and portfolios are accessible on the UX Wealth model marketplace, where its portfolios, powered by AI and machine learning reinforcement technologies, are integrated alongside 75+ other model portfolios offered to UX Wealth advisors.
“We’re always looking for superior strategies and technologies to help RIAs build a better future for themselves and their clients. myStockDNA’s investment technology and true AI-driven managed account capabilities provide the value and differentiators that today’s advisors need to stand out,” said Kyle Wiggs, CEO of UX Wealth Partners. “We’re excited about the partnership and the further development of their technologies applied across strategies on our model marketplace and the ability to help MyStockDNA trade across multiple custodians at scale.”
Darwin challenges conventional investment strategies by prioritizing prudent risk management over chasing high returns. The model aims to beat the S&P 500, even with randomly picked stocks, a concept illustrated through the “blind chimp model.” The company’s clientele comprises financial advisors and hedge funds, leveraging Darwin’s AI capabilities to navigate market complexities and deliver consistent, risk-adjusted returns.
myStockDNA’s approach challenges conventional notions of investment management. Rather than chasing high gains, Darwin focuses on mitigating significant market downturns. The model’s performance is highlighted through historical data, demonstrating its resilience even during turbulent market periods like the 2008, 2020 and 2022 crashes.
“We believe that managing risk is paramount to delivering superior returns,” says Sudhir Holla, Co-founder and CEO. “By combining practical experience with cutting-edge AI technology, we’re offering advisors and their clients a dynamic solution that evolves with market conditions.”
Risk Management, Transparency and flexibility are core tenets of myStockDNA’s philosophy. Advisors can leverage not just Darwin’s curated strategies, but also use Darwin to manage portfolios across other money managers and strategies.
“Our goal is simple: to manage risk more efficiently,” he added. “Efficient risk management resulting in better returns. If Darwin can beat the S&P 500 with randomly picked stocks, imagine how much more rewarding and smooth the journey to financial goals would be with curated strategies from other money managers”.
With transparent strategies and real-time updates, financial advisors can confidently navigate the complexities of the market. Join myStockDNA on this journey and unlock the potential of AI in managing your investment portfolios. For more information, visit http://www.mystockdna.com and join the evolution of portfolio management with Darwin.
About myStockDNA
myStockDNA stands as a pioneering fintech firm, leading the charge in reshaping investment methodologies through AI-powered portfolio management. Under the guidance of its founders, the company emphasizes prudent risk management over chasing high returns, epitomizing its commitment to responsible investing. With Darwin, its state-of-the-art AI model, investors gain the confidence to navigate market intricacies, fully leveraging the potential of AI in investment strategies.
Media Contact
Company Name: MtStockDNA
Contact Person: Sudhir Holla
Email: Send Email
Country: United States
Website: http://www.mystockdna.com/