The Past Can Help Us Understand the Future in Oil
Waters Technology
What can the past tell us about the possible future direction of oil?
Toronto-based, EidoSearch, has built what David Kedmey, co-founder and President, calls a “pattern search engine” able to comb through price history of all US securities – across equities, fixed income, commodities and currencies – and identify hidden connections between what is happening to a given asset today and assets that have traded in a similar direction in the past.
EidoSearch’s patented pattern search engine is “like Google for numbers,” Kedmey says; the tool has been more than five years in the making, and the commercial version of the software released last year.