SahmAlgo

About SahmAlgo

SahmAlgo (Sahm Algo) is a Saudi financial analytics platform that applies artificial intelligence to the Saudi stock market. According to its website, it is licensed by Saudi Tadawul to disseminate financial information and is a platform of Al-Khwarizmi Information Technology Company (copyright notice dated 2024). The site also states it is approved by SDAIA and built specifically for the Saudi market.

The company says it was developed over several years by AI and data science specialists, and aims to give retail investors and companies clearer, faster market information. Its materials stress that analyses are for information only and are not investment advice.

The offering is organised into four products. The SahmAlgo app is an analytics application for retail investors with price analysis, market reports and an AI assistant. The SahmAlgo API is aimed at developers and fintech firms and lists seven services: PriceAlgo (price estimates for 1-day, 5-day and 20-day horizons with confidence scores), TechAlgo (multi-timeframe trend analysis), NewsAlgo (real-time Arabic and English news sentiment), DimensionsAlgo (valuation, growth, momentum, quality and risk scores for Saudi stocks), EconAlgo (macroeconomic forecasts covering GDP, inflation and oil), FundAlgo (analysis of Saudi public and private funds) and ReportAlgo (auto-generated research reports with exportable JSON). Chat Algo is a conversational financial assistant for brokers and institutions, working in Arabic or English, with portfolio analysis from uploaded broker CSV files. Funds Algo is listed as coming soon.

The site claims more than 1,200 active traders, 92 percent opportunity accuracy and over 500 smart signals analysed; these are company-reported figures. The startup is categorised as pre-seed and based in Riyadh. Founders and funding are not named in the available record.