According to BlockBeats, on July 11, JPMorgan Chase is testing an AI agent that can autonomously adjust the proportion of its stock and bond investments to dynamically adjust its portfolio based on changes in market conditions.
Test results show that, in a 20-year historical backtest, the best-performing AI model achieved an annualized return 0.7 percentage points higher than the traditional "60/40" stock-bond portfolio, while also exhibiting lower volatility. All eight AI agents tested by JPMorgan Chase achieved higher risk-adjusted returns.
However, JPMorgan Chase stated that the results are based on simulation tests and do not represent actual investment performance. The bank also warned that the widespread application of AI could lead to convergent trading strategies, increased market congestion, and amplified market volatility under stress.