Inspiration:
We were inspired by the unpredictability of stocks, and the common utilization of volatility that is used when investing in stocks. The recent tank in major tech companies made us curious about the risk of investing in companies based on trends visualized in the past couple of years.
What it does:
Risk radar analyzes the risk of investing companies by creating a relation between the volatility of companies and the observed trend to determine whether a company would be a worthwhile investment.
How we built it:
We build the RiskRadar by looking at data points for various major companies in the industry and using these data to analyze the ROI of the stock.
Challenges we ran into:
Getting access to live data was behind a paywall, so we had to manually calculate some of the data we needed for analysis.
Accomplishments that we're proud of:
We are proud of creating a comprehensive, easy-to-understand website that helps people with effective investing choices.
What we learned:
We learned the basics of a hackathon.
What's next for RiskRadar:
Using the Risk index for various other investing industries and not just stocks. Using this as an analysis of stocks at varying periods of time
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