DataHero provides Mirae Asset with US stock recommendation and diagnosis service 'ChoiceStockUS'

[Asia Economy Reporter Hyunseok Yoo] DataHero announced on the 19th that it has signed a supply contract for ChoiceStockUS, a US stock recommendation and diagnosis service, with Mirae Asset.

DataHero is a fintech company that develops financial big data analysis and algorithms. Last year, it was selected as one of the 12 companies in the 2020 DATA-Stars hosted by the Ministry of Science and ICT and the Korea Data Industry Promotion Agency, recognizing its potential to develop into a future data unicorn company.

Kim Injoong, CEO of DataHero, said, "The scale of direct investment in US stocks is rapidly increasing, but there is a lack of proper information. Through the ChoiceStockUS service, we will help individual investors invest in US stocks easily and conveniently."

The core services of ChoiceStockUS are stock recommendation and diagnosis services. The stock recommendation analyzes high-quality stocks discovered using big data and provides a portfolio service that allows users to follow trading strategies.

The stock diagnosis provides a comprehensive investment attractiveness score and fair price for about 5,000 US listed companies. The fair price is calculated according to a valuation algorithm developed directly by DataHero. In particular, fair prices are not provided for financially risky distressed companies, helping individual investors avoid losses due to corporate financial risks.

ChoiceStockUS also provides a fair price band chart for US stocks. The fair price band chart shows the company's fair price along with overvalued and undervalued prices on the chart in advance, helping anyone easily determine trading timing.

There is also an 'Investment Recipe' service that helps discover stocks. Investment Recipe provides daily stock lists from various perspectives to discover undervalued high-quality stocks such as 'On Sale Now!', 'Dividend Attractive Stocks', 'Profit Growth Stocks', 'Rapidly Rising Stocks', and 'Super Stocks.'

Mirae Asset customers can use the service by running overseas stocks m.Global, selecting investment information on the home screen, and applying for ChoiceStockUS.