New Asia Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
December 29, 2023 at 11:42 am EST
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New Asia Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 0.036808 million compared to USD 0.032769 million a year ago.
For the nine months, net loss was USD 0.139015 million compared to USD 0.121174 million a year ago.
New Asia Holdings, Inc. is engaged in developing and deploying its neural trading models for the financial community. It offers trading software solutions to clients based on software-as-a-service (SaaS) licensing and delivery models. Its products consist of approximately three trainable trading algorithms, such as MQ X1, MQ Y1 and MQ Z1. It offers various types of algorithmic trading, such as systematic trading, high-frequency trading, and ultra-high frequency trading. It utilizes its in-house neural trading models to trade its own funds. The Company uses certain tools and technology while trading, which include Principal Component Analysis (PCA), Neural Networks, Removing Linear Trends from Data, Detecting Anomaly Activities, Market Behavioral Pattern Neural Analysis, Co-relational Modeling, and Multi-Time Frame Signal Analysis. PCA is a tool in exploratory data analysis to discover the important variables (or a combination of them) that explain the cause of variance in the data.
NEW ASIA HOLDINGS, INC. 
