What is Alpha by Public?
Alpha is an artificial intelligence-based investment exploration tool provided by Public Holdings, Inc. and powered by GPT-4, a generative large language model from OpenAI. Alpha is designed to help investors understand and analyse financial markets in real time. It provides a summary of stock news headlines and detailed analysis with the aim of enhancing your investing insights. With Alpha, investors can screen market trends, explore different investment options such as stocks, ETFs, bonds, treasuries, investment plans, and cryptocurrencies. It also offers resources like the treasury yield curve, treasury bill overview, bond screening tool, and high yield savings calculator. It is important to note that any output by Alpha should not be taken as investment advice or recommendation to buy or sell a security but should serve as a basis for one's independent appraisal of the situation. Alpha is accessible on every asset page on Public, and you can ask any query and inform your investment decisions with precise financial data. The tool synthesizes financial data and presents it through an intuitive, natural-language interface, making it easier for investors to handle and understand complex financial information.
Pros
- Real-time data
- Historical data access
- Covers stocks
- ETFs
- crypto
- Natural language interface
- Real-time market screening
- Detailed stock analysis
- Investment in security baskets
- Enables fractional share buying
- Supports fine art
- collectibles
- 9
- 000+ stocks coverage
- Company-specific analysis
- Access quote data
- Access financials
- fundamentals
- Analyst recommendations
- Outlooks
- news
- commentary
- Available on asset page
- Can answer user queries
- Reactive chat feature
- Provides timely market insights
- Enriches data with context
- Handles complex financial information
- Historical investing context
- Natural language output
- Enhanced research capabilities
- Bond screening feature
- Earnings call summaries
- Alert on unusual asset movement
- Tracks market movers
- gainers
- losers
- Find assets' financial fundamentals
- Accessible on every asset page
- Analyzes SEC filings
- transcripts
- Access analyst ratings
- reports
- Social sentiment analysis
- Cleaned
- structured financial data
Cons
- Potential for inaccurate information
- Not meant for investment advice
- No specific data source transparency
- Depends on GPT-4's language limitations
- Limited to assets available on Public
- Lack of standalone functionality
- Possible missed emerging market trends
- Relies on user's financial literacy
- No options for customization
- Experimental technology uncertainties
Alpha by Public FAQ
What is Alpha?
Alpha is an artificial intelligence-based investment exploration tool provided by Public Holdings, Inc. It is designed to supercharge your investment research with real-time and historical data on thousands of stocks, ETFs, crypto, and more. The tool delivers market analysis, investment insights, and detailed summaries of stock news headlines, all in an intuitive, natural-language interface.
What technology backs Alpha?
Alpha is powered by GPT-4, a generative large language model from OpenAI. It enables the tool to understand and generate natural language, contributing to the natural language interface that instantly delivers market insights.
What kind of data can Alpha access?
Alpha has access to a variety of data such as quote data, financials, fundamentals, analyst recommendations, news, commentary, and real-time market trends. It can offer insights on stocks, bonds, ETFs, treasuries, investment plans, and cryptocurrencies. Furthermore, it also can provide detailed stock analysis with company-specific data.
Can Alpha be used for real-time market screening?
Yes, Alpha enables investors to screen markets in real time. It provides an up-to-date and comprehensive view of market trends, allowing investors to make timely informed decisions.
How many stocks does Alpha currently offer for analysis?
Alpha offers detailed analysis for more than 9,000 stocks, providing a broad scope for investor to research and discover new investment opportunities.
What are the additional investment options available through Alpha?
Apart from standard assets like stocks, Alpha offers investment options such as ETFs, bonds, treasuries, investment plans, and cryptocurrencies. It also allows investors to invest in baskets of securities in a single trade, and buy fractional shares of fine art, collectibles, and other alternative assets.
Can Alpha be used to buy fractional shares of fine art and collectibles?
Yes, Alpha does allow users to buy fractional shares of fine art, collectibles, and other assets. This feature opens up new investment avenues for users, which were traditionally inaccessible.
What should the output from Alpha not be construed as?
Output from Alpha should not be construed as investment research, investment advice, or investment recommendations. While it provides comprehensive financial information, it is designed to aid investors in their research and should not serve as the basis for investment decisions.
