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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
The blue line is Helium's historical forecast. The black line is the actual closing price. Full transparency of past predictions. Hover over points for more information. Video Tutorial.
Future Price Cone
The future price cone means the model thinks there is a 80% chance the price will land within the bounds of the cone. A blue cone is neutral, a green cone is bullish, and a red cone is bearish.
Model Correlation
Higher (closer to 1) means a more accurate model and lower (closer to -1) means a less accurate model. This is the Spearman Correlation between model predicted percent change and actual percent change calculated over the last 150 days.
Percent Correct (up or down)
This is the percent of the time our models predicted the correct direction of the price (either up or down) over the last 150 days.
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* Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions, you should consult a financial expert before engaging in any transaction.
Helium Summary:
Hyundai commits to investing Rs 20,000 crore in Tamil Nadu over ten years to advance its electric vehicle (EV) production [BQ Prime].
A study found that EV adoption could disproportionately benefit wealthy communities while potentially worsening air quality in low-income neighborhoods [usa.streetsblog.org].
BMW sets ambitious sales targets for battery electric vehicles, with BEVs expected to account for 15% of total deliveries in 2023 [bmwblog.com].
June 04, 2023
Q&A
How much will Hyundai invest in Tamil Nadu for EVs?
Hyundai will invest Rs 20,000 crore over ten years [BQ Prime]. What sales target does BMW have for BEVs in 2023?
BMW aims for BEVs to account for 15% of total deliveries in 2023 [bmwblog.com]. How could EV adoption impact low-income communities?
EV adoption could bring worse air quality to low-income neighborhoods while rich communities see improvements [Inverse].
Various sources appear balanced in their reporting, although some articles focus on industry strategies, while others highlight equity and environmental issues.
Framing differs, but no major bias detected.
Context
Considerations of EV advancements must also address potential disproportionate benefits as well as environmental benefits and industry challenges faced in the transition.
Takeaway
As automakers invest in EV production, considerations around ensuring equitable socio-environmental benefits and addressing challenges in the transition remain crucial.
Potential Outcomes
1. Hyundai's and other automakers' investments lead to increased EV production and adoption.
2. Policymakers address disproportionate socio-environmental benefits distribution from EVs.
3. Supply chain and labor issues alleviated as industry adapts to EV transition.
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
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