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One company that is already in the finance prediction sector is “Value Line,” which has a subscription fee of $600 per year, and is far too complicated for most retail investors. Recently, especially since the COVID-19 pandemic, there has been a rise in new retail investors and traders. Currently, they tend to make many of their decisions without any real fundamental research due to a lack of accessibility to data forecasts and analysis, and turn to unreliable social media or discussion platforms such as Reddit or Youtube instead.
Moreover, these kinds of investors typically work other jobs and do not have the time to read page-long analyst reports which are ultra-specific and difficult for a layman to understand. Riverside aims to help these new investors and traders make more informed decisions by providing access to easy-to-understand trading metrics, analysis, and algorithms. Many small business owners struggle with lost sales and poor inventory management, in turn limiting their profits, incurring avoidable costs, and wasting resources and ingredients.
Riverside aims to help these owners of small restaurants, stores, and factories to provide production and inventory planning and management at an affordable price and an accessible platform. By utilizing algorithms and methods that guide the logistics of some of the largest companies, Riverside will provide its clients with demand forecasting, inventory optimization, and production optimization assistance.