I Know First Weekly Review Algorithmic Performance: December 11th, 2023



I Know First
Weekly Newsletter | December 11th, 2023


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Good morning, I Know First universe.
We’re happy to share our best article and stock prediction of the week:
  • Top Trade Ideas – Undervalued Stocks Based on Big Data: Returns up to 112.76% in 14 Days
I Know First AI Algorithm Picks 10 Stocks to Buy Now – Alibaba’s Not on the List – View Them HERE

Need To Know First!

  • Best Stocks Under 10 Based on Algo Trading: Returns up to 42.15% in 3 Days
  • Stock Market Predictions Based on Deep Learning: Returns up to 58.96% in 7 Days
  • Undervalued Stocks Based on Big Data: Returns up to 112.76% in 14 Days
  • Ark ETF Stocks Forecast Portfolio Based on Algorithmic Trading: Returns up to 66.77% in 1 Month
  • Dividend Stocks Based on Pattern Recognition: Returns up to 92.37% in 3 Months
  • Stock Algorithm Based on Stock Market Algorithm: Returns up to 191.46% in 1 Year
  • Adobe Inc. (ADBE) is up 10.27% since October 15, 2023, due to the company’s financial dominance, marked by consistent revenue growth and superior financial metrics, its recent introduction of innovative AI models like Firefly, and strong market leadership. Additionally, the stock-picking AI of I Know First shows a high signal for Adobe’s positive trend in the one-year market forecast, supporting the bullish outlook for the stock.
  • Airbnb, Inc. (ABNB) is up 14.37 since October 9th, 2023, since the growth in Nights and Experiences Booked and Gross Booking Value has promoted growth in revenue and stock value.
  • Builders FirstSource (BLDR) is up 64.39% since April 5, 2023, since Builders FirstSource is well-positioned for growth in the residential construction industry, which is expected to continue to grow over the next several years.

Weekly Winning Forecasts

3 Days
Stocks Under 10: 42.15% Return
Top 10 Stocks: 49.20% Average
Transportation: 183.13% Yield

 
7 Days
Insider Trades: 58.96% Yield
Top 10 Stocks: 81.12% Return
Implied Volatility: 42.67% Average

 
14 Days
Insider Trades: 112.76% Yield
Top 10 Stocks: 104.19% Return
Low P/E Stocks: 90.12% Average
1 Month
ARK ETF: 66.77% Return
Implied Volatility: 107.87% Yield
Hedge Fund: 138.80% Average

3 Months
Dividend Stocks: 92.37% Yield
Insider Trades: 129.27% Return
Top 10 Stocks: 129.27% Return

1 Year
Computer: 191.46% Return
Home Builders: 152.30% Average Mega Cap: 172.93% Yield

Cryptocurrencies
3 Days: 277.37% Return
7 Days: 313.55% Return
14 Days: 320.24% Return

1 Month: 177.47% Return
3 Months: 274.50% Return
☆ I Know First AI-Predictive Algorithm Has Increased Conviction In These 5 Stocks ☆

Snippets From Our Top Blog Posts For The Week:

Stay Ahead Of The Curve: AI Weekly

META Stock Forecast: Navigating the Metaverse and Beyond

Meta, the digital innovation company, has reported Q1 2023 financials that exceeded expectations. While revenue increased by 3% year-over-year, profit declined by 24%. Despite this, analysts remain optimistic about the company’s future and have given it a strong buy rating. Meta’s strategy involves focusing on generative AI, streamlining operations, and enhancing its content recommendation features and ad targeting algorithms. The company’s VR and AR unit reported sales of $339 million but also a substantial operating loss. However, Meta’s plan to invest in AI is seen as a critical step in maintaining its competitive edge. Additionally, Meta’s short-video platform, Reels, has seen significant growth in revenue and user engagement. Despite challenges from established players in the AI market, Meta’s strong position in digital advertising and the potential monetization of WhatsApp are expected to yield significant returns.

Read more.


Stock Forecast Based on AI: The Risk Habitat Strategy

The following trading strategy developed by I Know First’s AI Algorithm focuses on S&P 500 stocks, using monthly rebalancing and predictable and signal filters. The risk environment is determined by assessing short and long-term AI forecasts for SPY, Dow Jones index, and Nasdaq Composite index. The majority direction is determined by the count of long and short stock forecasts, and the portfolio is constructed accordingly. The strategy has provided a positive return of 366.89%, surpassing the S&P 500 return by 328.33%. I Know First offers personalized investment solutions for institutional investors, leveraging their advanced self-learning algorithm.

Read more.


Stock Market Prediction: Investment Crossroads in 2024

The main sources of difference in these forecasts lie in a plane of macroeconomic, political, and investor behavior views. Bank of America stands firm in its optimism, pointing out that companies have adeptly adapted to the challenges posed by higher interest rates and inflation levels. Deutsche Bank’s forecast brings attention to the prospect of a soft landing for the U.S. economy, where inflation is cooling off, and GDP growth maintains a steady trajectory. BMO adds to the chorus of optimism, outlining several factors that are poised to contribute to further growth in the stock market in the coming year. The collective forecasts from these prominent financial institutions paint an optimistic panorama for the U.S. stock market in 2024. The primary concern revolves around the S&P 500 index, with BCA Research sounding an alarm that it could be on the brink of its most severe crash since 2008 if a recession takes hold in the upcoming year. JPMorgan underscores that stocks currently reside at elevated levels of valuation, with volatility hovering at historical lows, all while geopolitical and political risks persist at heightened levels. Goldman Sachs shifts the spotlight to the stabilizing force of corporate incomes, potentially providing a pillar of support for stock prices. However, the absence of robust profit growth, coupled with lofty stock valuations and low-risk premiums, renders stock prospects less attractive when weighed against the risk relative to cash incomes. The collective forecasts from BCA Research, JPMorgan, and Goldman Sachs act as a sobering reminder for investors to closely monitor unfolding events and brace themselves for potential volatility in the financial markets.

Read more.


Quant Trading: How To Make A Systematic Trading Strategy

The video discusses a systematic trading strategy that uses input from I Know First, focusing on the top 10 plus S&P forecast. The strategy, designed in C-sharp and Quantconnect, shows promising results with an annual return of 47% and a Sharpe ratio of 1.83. It utilizes different methods for closing and opening positions, incorporating stop-loss orders and adjusting position prices based on average price. The algorithm is scalable and can be customized to fit different portfolios, though increasing the number of stocks may decrease returns. The article also provides code snippets and explains the variables involved in the strategy.

Read More.

Algorithmic Trading With I Know First Versus High Frequency Trading

The first form of algorithmic trading is high-frequency trading (HFT), which aims to be quicker than the rest of the market. However, HFT can only be utilized by a select group of traders and has consequences that affect the entire market. This form of algo-trading blindly follows short-term trends and is publicly debated. On the other hand, the second form of algorithmic trading is quantitative trading. This form provides valuable market insight to both retail and professional traders and is used in conjunction with traditional forms of analysis. Algorithmic traders benefit from this “second opinion” in their decision-making process. The I Know First self-learning algorithm belongs to this second form and uses artificial intelligence and machine learning to predict market dynamics and behavior. It constantly improves its predictive ability and can be used for real data analysis.

Read More.

Want to learn more?

Letter from the CEO

Dear Readers,

In accordance with the I Know First AI predictive algorithm forecast , the S&P 500 posted its highest close of the year last week. The benchmark is now up about 20% on the year and trading at its highest level back to March 2022.

All the major averages finished the week with gains. The broad market index jumped 0.2% for the period, and the Dow finished marginally higher. Both indexes wrapped six winning weeks, their longest run since 2019. The Nasdaq advanced 0.7%.

Identifying Opportunities: Amidst this upward momentum, our I Know First AI algorithm has been hard at work, spotlighting key opportunities across various sectors:

In the 3 Days forecast for the Stocks Under $10 Package, CLSK, KIRK, and BITF all had returns of 42.15%, 37.96%, and 22.38%, respectively. The Stocks Under $10 package recorded an overall average return of 14.45%, providing investors with a premium of 14.41% over the S&P 500’s return of 0.04% during the same period. In the 3 Days forecast for the Top 10 Stocks Package, CLSK, BITF, and MTZ all had returns of 49.2%, 36.36%, and 8.23%, respectively. The Top 10 Stocks Forecast package recorded an overall average return of 11.25%, providing investors with a premium of 11.24% over the S&P 500’s return of 0.01% during the same period. In the 7 Days forecast for the Insider Trades Package, CLSK, KIRK, and MARA all had returns of 58.96%, 51.57%, and 30.24%, respectively. The Insider Trades package recorded an overall average return of 22.92%, providing investors with a premium of 22.69% over the S&P 500’s return of 0.23% during the same period. In the 7 Days forecast for the Top 10 Stocks Package, BITF, CLSK, and M all had returns of 81.12%, 65.7%, and 9.65%, respectively. The Top 10 Stocks Forecast package recorded an overall average return of 18.34%, providing investors with a premium of 17.54% over the S&P 500’s return of 0.8% during the same period. In the 14 Days forecast for the Insider Trades Package, CLSK, MARA, and KIRK all had returns of 112.76%, 53.66%, and 39.11%, respectively. The Insider Trades package recorded an overall average return of 29.89%, providing investors with a premium of 28.84% over the S&P 500’s return of 1.05% during the same period. In the 14 Days forecast for the Top 10 Stocks Forecast Package, CLSK, CYTO, and SNAP all had returns of 104.19%, 52.17%, and 22.47%, respectively. The Top 10 Stocks Forecast package recorded an overall average return of 23.5%, providing investors with a premium of 23.25% over the S&P 500’s return of 0.25% during the same period. In the 1 Month forecast for the Ark ETF Package, ETF, COIN, and CRSP all had returns of 66.77%, 54.85%, and 47.79%, respectively. The Ark ETF package recorded an overall average return of 31.84%, providing investors with a premium of 26.% over the S&P 500’s return of 5.84% during the same period. In the 3 Months forecast for the Dividend Stocks Forecast Package, GPS, WSM, and LOGI all had returns of 92.37%, 35.61%, and 27.1%, respectively. The Dividend Stocks Forecast package recorded an overall average return of 17.77%, providing investors with a premium of 14.47% over the S&P 500’s return of 3.3% during the same period. In the 1 Year forecast for the Computer Industry Package, NVDA, AVGO, and LRCX all had returns of 191.46%, 75.39%, and 59.79%, respectively. The Computer Industry package recorded an overall average return of 56.73%, providing investors with a premium of 40.38% over the S&P 500’s return of 16.35% during the same period.

As we approach the end of the year, we’re honored to share the positive feedback from one of our clients, @socratestrader . Your success stories fuel our drive to continually enhance our algorithm’s capabilities.

As we look ahead, we invite you to join our upcoming webinar scheduled for next week. It promises valuable insights into market trends and the optimal utilization of our AI powered forecasting tools. Webinar Registration

Discover the power of predictive analytics with our tailored packages. Whether you’re interested in short-term trades, long-term stock picks, or sector-specific insights, we have a package to suit your needs. Explore Now

Wishing you a week filled with successful trades and informed investment decisions.

Best Regards
Yaron Golgher, CEO


Q&A With I Know First
I Know First’s Daily Market Forecasts And How to Interpret the Numbers

Q. What is the forecast date?
A. The forecast date is the date the algorithm released this set of predictions.

Q. What is the time horizon?
A. The time horizon is the suggested period of time to hold the suggested stocks. When we calculate the forecast performance, we do so from the forecast date through the end of the time horizon.

Q. What is the S&P 500 stock prediction and why do you include it?
A. The S&P 500 is the major US index and is the general indicators for the direction of the US stock market. If the algorithm predicts that the S&P 500 will go up, then it is a good sign that the stock market will generally increase. It helps in decision making. It is generally preferable to go long the Top 10 stocks when the S&P 500 has a positive prediction and to go short the 10 stocks on the bottom of the table when the S&P 500 has a negative prediction.

Q. What is the accuracy (checks and x marks)?
A. If the algorithm correctly predicts the direction of a stock’s movement, a checkmark is placed next to the stock’s return and if the algorithm is incorrect in its prediction, an x mark is placed next to the stock’s return.

Q. What is the return?
A. The return is the percentage movement of each stock multiplied by 1 if the algorithm suggested a long position or multiplied by negative 1 if the algorithm suggested a short position. In other words, if the algorithm correctly predicts the direction of the stock, the return is the positive percentage change of the stock, and if the algorithm incorrectly predicts the direction of the stock, the return is the negative percentage change of the stock. The return is the last end of the day price at the target date of the forecast VS the price when the forecast was sent (the end of the day price of the previous day).

Weekly Apple Stock Update

Apple is reportedly developing under-display cameras for future iPhones, aiming for a true “all-screen” appearance. LG Innotek is working on a unique lens system to improve image quality, while LG Display is involved in under-panel camera (UPC) development. Additionally, Apple has expressed its preference for iPhone 16 batteries to be made in India, as part of its global supply chain diversification strategy. Apple’s partnership with Goldman Sachs is set to conclude, and JPMorgan Chase & Co is suggested as a potential replacement due to existing collaborations. These developments reflect Apple’s efforts to innovate and strengthen its relationships within the industry. Read more.
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