Dive into Financial Data Forecasting
We are excited to invite data scientists, machine learning practitioners, and financial analysts to the first-ever Synnax Datathon, the first of its kind hosted on Telegram! This competition offers a prime opportunity for participants to demonstrate their predictive modeling skills using a comprehensive dataset of financial statements. Whether you are a seasoned data scientist or a developing analyst, this competition promises to be both challenging and rewarding.
Join here: t.me/SynnaxCompetitionBot
Competition Details
Data
Participants will be provided with detailed financial data from 16,381 publicly traded companies, covering the last five quarterly and four annual reports. The challenge involves predicting 16 target financial metrics for the most recent quarter.
Evaluation
Submissions will be evaluated based on the R2 (coefficient of determination) score, measuring the accuracy of your predictions against actual financial data.
Submission
Predictions must be formatted correctly and submitted through our dedicated Telegram bot, ensuring a smooth and efficient competition process.
Key Dates
The competition kicks off on May 8, 2024, and runs until June 19, 2024 12:00pm UTC. Make sure to mark your calendar and prepare your models!
How to Participate?
- Join the Competition on Telegram here: The competition is hosted on Telegram, making it accessible and easy to manage
- Download the Datasets: Access the comprehensive dataset dictionary, training and testing datasets, and a sample submission file here to get started.
- Submit Your Predictions: Use the dedicated Telegram bot to submit your predictions and track your progress on the leaderboard.
Prizes
- Win Significant Cash Prizes: Compete for a share of our total cash prize pool of over $8,000! Here’s the breakdown:
Grand Prize: $5,000
2nd Place: $2,000
3rd Place: $1,000
4th Place: $ 500
5th Place $ 250
Plus additional prizes for the top 50 performers!
- Earn Synnax Points: Accumulate points throughout the competition that could qualify you for future token airdrops.
- Gain Experience with Real-World Financial Data: Enhance your data science portfolio by working with comprehensive datasets.
- Join a Community of Like-Minded Professionals: Expand your professional network by connecting with other data scientists joining machine learning practitioners, and financial analysts in Synnax Lab Telegram group here
- Opportunities for High Performers: Top performers will be invited to join our production pipeline, which includes chances for periodic profit sharing in our cutting-edge projects.
Dive In Now
Prepare to crunch numbers, derive insights, and compete with fellow data scientists. Let’s make the inaugural Synnax Datathon a milestone event in the world of data science and financial forecasting. Good luck to all participants — let’s make it a competition to remember!
Join the Synnax Datathon Today! Visit this link for full details.
