Aside from whether this actually works reliably already or not, from a principal point of view it makes sense that computational biology adds something to the mix.
For the last year I've only been a glorified webdeveloper working for molecular neurobiologists at the Karolinska Institute, but from what I understand it is all about untangling vast quantities of high-dimensional data: data sets of tens to hundreds of thousands of individuals cells, where for each cell the expression levels of tens of thousands of genes are being measured (in what stage of development in which tissue was the cell harvested).
If you can find algorithms that somehow make sense of how these cell populations and genes interact and develop over time, I think it is not out of the question that the same algorithms could make some sense of the aggregate behaviour of the stock market, give a decent data set as input of course. Especially given that most of these algorithms are forms of machine learning, so don't necessarily require an a priori model of what is happening (I mean, if I understand correctly, uncovering that model is precisely what the biologists are after).
For the last year I've only been a glorified webdeveloper working for molecular neurobiologists at the Karolinska Institute, but from what I understand it is all about untangling vast quantities of high-dimensional data: data sets of tens to hundreds of thousands of individuals cells, where for each cell the expression levels of tens of thousands of genes are being measured (in what stage of development in which tissue was the cell harvested).
If you can find algorithms that somehow make sense of how these cell populations and genes interact and develop over time, I think it is not out of the question that the same algorithms could make some sense of the aggregate behaviour of the stock market, give a decent data set as input of course. Especially given that most of these algorithms are forms of machine learning, so don't necessarily require an a priori model of what is happening (I mean, if I understand correctly, uncovering that model is precisely what the biologists are after).