About Skidetica Labs

Skidetica Labs develops statistical software and builds custom financial models for both retail and institutional investors.

At Skidetica Labs, we believe that any kind of financial analysis or statistical report is a priori subjective. Unlike our established competitors, we do not pretend that, in the realm of finance, objectivity can be achieved, even with powerful statistical tools. In short, there is no ultimate truth in the hazy realm of finance.

At Skidetica Labs, we try to ditch the idea of objectivity and fully embrace the inner subjectivity of finance and stock markets. The software and the statistical models that we build fully adopt this subjectivity ethos.

In order to embrace the subjectivity of the stock markets, our main scientific objective is to find mathematical ways to quantify both human and market sentiment. This doesn’t mean that we mine textual data to find the relative frequency of relevant tokens. No, we start from the premise that sentiment is a probability distribution and that discrete emotions (be it fear or optimism) have a specific place in that density. By employing emotions in our analyses, we can more accurately explain the present and also calculate the probability of future events. Every analysis made by Skidetica is a probability distribution. We do not possess the ultimate, discrete truth.

Another important aspect of our statistical tools is the fact that we do not rely on historical data. We believe that historical data is inherently biased. One cannot understand the present and predict the future based on 10-year-old data. In order to analyse market movements, we need only present data.

TL;DR. The crux of Skidetica technology is the transformation of emotion/judgement into probabilistic distributions. We believe that sentiments are quantifiable and can be directly injected into any kind of statistical models. In this way, we believe we can augment the user&aposs reality and help them make statistically correct decisions.

Skidetica does not promise profits. It helps you avoid costly mistakes.