Prescriptive Analytics

What is Prescriptive Analytics?

In short, Prescriptive Analytics recommends actions you can take. Prescriptive analytics takes predictive data to the next level. It suggests various courses of action and outlines what the potential implications would be for each. Trading models that use advanced machine learning are optimisation tools producing prescribed actions – typically LONG and/or SHORT signals – based on return, variance, and other arbitrary parameters, such as liquidity, market impact, and trading cost.

Read more about Descriptive Analytics, Diagnostic Analytics, and Predictive Analytics.