New type of price-related forecasts have been added to Cindicator app!
We are delighted to announce that we have added a new type of questions to Cindicator app!
These are price-related questions in which you need to set a daily or weekly minimum and maximum prices for different financial instruments such as stocks, futures and indexes. You need to update to the last version to find these questions.
To answer these questions, use the horizontal scale to set the approximate figures first, then use the manual input to indicate the exact values (if needed).
For instance:
Shares of Apple Inc. (AAPL) closed at $116.52 on Friday, December 23. In your opinion, what will be the maximum and the minimum price of Apple stock on Tuesday, December 27 during the market hours?
Let say you believe that the minimum price of AAPL will be $115.90 and the maximum price will be (is) $117.37. Then you need to move the slider on the horizontal scale to reach these numbers. If you can’t set the prices you want using just the scale, then you need to type the exact numbers using the manual input.
How are points counted for “price-related” questions?
Users receive between -75 and +75 points for answering “price-related” questions.
To receive the highest possible number of points (+75), your forecast needs to be 100% accurate.
The more your forecast deviates from the real values, the lower the number of points you receive. The points are calculated by the special algorithm (use this link to figure out more details).
Accurately forecasting,
Your Cindicator Team