Inspiration
In an increasingly capitalistic society, having financial knowledge is more important than ever. Being able to value and compare companies is very useful knowledge for those who are interested in investing and learning more about company performance. Team submission
What it does
TrendSent uses a Machine Learning Model to project the DCF of a chosen company as well as the company's competitors in the industry. This allows for a comparison of the company valuation and the average valuation in the industry. It simultaneously uses sentiment analysis to analyze news articles from various sources to give an insight on the company's reputation.
How we built it
We began by using an API to get company financial statements from SEC filings, which were then used to calculate the DCF of the chosen company.
Challenges we ran into
Obtaining enough data points to increase the accuracy of our machine-learning model was one challenge we ran into.
Accomplishments that we're proud of
We were proud of learning machine learning models, learning sentiment analysis, DCF valuation models, and learning how to use an LLM to accurately analyze forecasted data.
What we learned
We learned how to effectively cache data, how to train sentiment analysis models, how to accurately represent financial data (DCF).
What's next for TrendSent
Using the machine learning model to forecast more information about the financials of a company. This includes any value found on the balance sheet, as well as anything that can be calculated using values on the balance sheet. This includes the important financial ratios such as P/E ratio, EPS, Quick Ratio, etc.
Log in or sign up for Devpost to join the conversation.