Building the Inverse Jim Cramer Index

Re:Building the Inverse Jim Cramer Index by chii on Sunday April 24, 2022 @12:00AM (#31141183)

The idea of an inverse cramer index assumes that cramer is always telling the "wrong" thing - that is, his predictions are inversely correlated with the truth (or outcome).

That's not what cramer's predictions are though - his predictions are likely not far off from a random flip of the coin. So an inverse is likely to perform just as well (or poorly) as the real prediction!

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Re:Building the Inverse Jim Cramer Index by kjs3 on Sunday May 01, 2022 @11:29AM (#31225808)

I'd always assumed his trader-buffoon shtick was to push the proles to trade a particular way so that his trader buddies could profit from the herd. But coin toss is probably as accurate and more charitable.

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Re:Building the Inverse Jim Cramer Index by geemsr on Tuesday May 10, 2022 @05:32AM (#31325126)

I'm new here and I tried to reply to the other comments, but this is the only one that had a "reply" button to, so here's hoping that everyone else on this thread can see what I say.

Index One has just built an Inverse Jim Cramer index here: https://indexone.io/index/570b98f0-3518-47fe-a9b5-4191dc49ef...

Check it out if you want to see how it's performing.

Index One is a cloud-based index calculation platform that allows you to turn any custom strategy into indices. No AUM based fees, only a flat fee.

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