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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.
Tip:
Left click and drag charts to zoom in. Right click to zoom back out.
* 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:
Researchers discovered high levels of microplastics in Arctic ice algae, which contained ten times more microplastic particles than surrounding seawater [Jerusalem Post].
Microplastics disrupt the marine ecosystem and can potentially enter human food sources like fish.
To combat the plastic crisis, a UN report suggests that reducing production and reusing plastic products could decrease global plastic pollution levels by 80% by 2040 [Wired].
May 20, 2023
Perspectives
Environmental Perspective
Alarming microplastic levels in ice algae highlight the urgency of reducing their production and improving waste management practices
Industry Perspective
Industries need to focus on environmentally friendly materials and recycling practices to combat plastic pollution without affecting their economic growth.
Q&A
How do microplastics affect marine ecosystems?
Microplastics can be consumed by filter feeders like krill and move up the food chain, harming marine animals, reducing overall biodiversity, and potentially entering human food sources [Jerusalem Post].
Most sources cover the topic neutrally, emphasizing the scientific findings and potential environmental consequences of the Arctic algae's microplastic contamination [Jerusalem Post][Common Dreams][newswise.com].
Microplastics are a form of pollution with increasing impact on marine ecosystems and potential human health risks. Addressing this issue requires global commitment and cooperation to reduce production and improve recycling practices.
Takeaway
The discovery of microplastics in ice algae underscores the urgent need for reducing production and improving management of plastic waste to protect marine ecosystems and human health.
Potential Outcomes
1) Implementation of UN report's road map, reducing plastic pollution by 80% by 2040 (possible)
2) Continuation of current trends, resulting in a tripling of plastic production by 2060, further exacerbating environmental harm (likely) [Wired].
* 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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