Qraft Technologies Launches Korean Version ‘Boom & Shock Index’

In partnership with Korea’s Maeil Business Newspaper, Qraft Technologies has launched a Korean equities version of our popular ‘Boom & Shock Index’ that will seek to predict the market environment for up to a week. Powered by Qraft's AI and covering the S&P 500, the indicator seeks to predict risk levels in the Korean market by processing vast data sets from Korea, the U.S., and China. Ultimately, the index aims to assist investors by signalling an ideal allocation for cash and equities. While a few other indices exist, Qraft's index is the first to utilize AI technology.