I Know First Weekly Review Algorithmic Performance: December 13th, 2020

I Know First
Weekly Newsletter | December 13th, 2020

Good morning, I Know First universe.
We’re happy to share our best article and stock prediction of the week:
  • Top Trade Ideas – High-Risk Stocks Based on Genetic Algorithms: Returns up to 332.97% in 3 Months
Top 10 Stocks to Buy This Week + Top 20 Stock Picks For Santa Claus Rally On AI-Powered Predictive Algorithm

Need To Know First!

  • Best Stocks Under 5 Dollars Based on Algorithmic Trading: Returns up to 41.65% in 3 Days
  • Energy Stocks Based on Stock Market Algorithm: Returns up to 42.4% in 7 Days
  • Stock Screener Based on Deep-Learning: Returns up to 88.17% in 14 Days
  • Stocks to Buy Based on Big Data: Returns up to 160.92% in 1 Month
  • High-Risk Stocks Based on Genetic Algorithms: Returns up to 332.97% in 3 Months
  • Best S&P 500 Stock Picks Based on Stock Prediction Algorithm: Returns up to 144.56% in 1 Year
  • Disney (DIS) Stock is up 47.84% since July 23, 2020, as ESPN viewership increased and theme parks started to reopen.
  • Aurora Cannabis (ACB) Stock returns up to 37.83% since November 22, 2020, as the legalization of cannabis in the USA continues to increase.
  • PTC Inc. (PTC) Stock is up 34.24% since July 22, 2020, as it could improve its profitability and growth potential as it expands beyond its software products.

Weekly Winning Forecasts

3 Days
Stocks Under $5: 41.65% Return
High Volatility Stocks: 43.4% Yield
Top Energy Stocks: 9.63% Average

7 Days
Stocks Under $5: 127.72% Return
Robinhood Stocks: 30.3% Yield
Top Stocks Picks: 11.57% Average

14 Days
High Volatility Stocks: 63.85% Yield
Best Tech Stocks: 37.14% Return
Stocks To Buy: 14.94% Average
1 Month
Stocks To Buy: 160.92% Return
Top Energy Stocks: 135.94% Yield
Stocks Under $20: 52.08% Average

3 Months
Stock Screener: 157.91% Return
High-Risk Stocks: 332.97% Yield
Stocks Under $10: 60.34% Average
1 Year
Insider Trades: 871.27% Return
Top Tech Stocks: 160.74% Yield
S&P 500 Stocks: 66.68% Average
☆ Top 10 Stocks to Buy Today: Predicting This Week’s Winning Stocks By Using Deep-Learning ☆

Snippets From Our Top Blog Posts For The Week:

Stay Ahead Of The Curve: AI Weekly

Stock Market Forecast: S&P 500 & Nasdaq – Accuracy Up To 100%

In this stock market forecast evaluation report, we examine the performance of the predictions generated by the I Know First AI Algorithm. It was made for the S&P 500 and Nasdaq indices with time horizons ranging from 3 days to 365 days, which were delivered daily to our clients.

This evaluation report presented the performance of I Know First’s algorithm showing the hit ratio for several time horizons. We have achieved good results particularly by forecasting the Nasdaq ETF and S&P500 with a hit ratio of 100% under the current coronavirus situation. These indicate that our services were able to predict the movement of these indexes correctly more than 6 out of 10 times in all time-horizons.

Read more.

CCL Stock Prediction: Long Way to Recovery but Brightness is Ahead

Carnival Corporation stock (CCL) was strongly hit by the COVID-19 outbreak. However, after the Centers for Disease Control and Prevention (CDC) finally lifted its over 6 months no sail order for the cruise industry and replaced it with a new conditional sail order, the bull CCL stock forecast pushed up stock price 66% in November.

As an unfavorable stock under the pandemic, CCL suffered from low valuation because its business is closely related to the uncertainty of COVID-19 recovery condition. However, we can be sure that the brightness of the CCL stock forecast is ahead. In the last month, positive news of vaccine and sailing policy pushed up the stock price by more than 70%, despite the increasing cases of COVID-19 around the US and Europe area, indicating that the market has faith in the strong consumer demand after the pandemic.

Read more.

Stock Forecast Success On Air: News 13 Channel Visits I Know First And Builds Winning Portfolio

In early September 2019, it was I Know First, a Tel Aviv-based AI stock forecast company, that Israeli News 13 TV channel visited to shoot a story for the broadcast. The idea was to find out if the company lived up to its promise of delivering accurate stock market forecasts, relying on an advanced AI.

The idea for the story was quite simple: the journalists would show up at the company’s Tel Aviv office, get a short brief about I Know First and its predictive stock forecast AI and then try to build two portfolios using the AI predictions. The first portfolio would be built for passive investment, which would just stay untouched throughout the review period, and the other – for active investment, which would see buy and sell orders placed on a daily basis. Then, the journalists and third-party experts, whose insights would add to the objectivity of the test, would see how the two portfolios perform and whether they would beat the S&P500 index.

Read more.

The Man, The Machine, The Legend: AI In Hedge Fund Management

As the world embraces the power of artificial intelligence and machine learning, whole industries are transformed to reflect this new reality. This fact is not lost on the hedge fund industry, which has seen its ups and downs in recent years. Furthermore, traditional hedge funds are now facing off with the tech-savvy quantitative funds, those utilizing advanced computer algorithms and troves of unstructured data to make market predictions.

Humans and robots should go hand in hand – this motto, it seems, resonated quite strongly among the guests of the recent Milken Global Conference. And if you are looking for an AI-based solution that would bolster your own investment decision-making capability, look no further than the proprietary AI developed and trained on a dataset covering 15 years of trading by the Israeli-based I Know First company. Its design includes elements of Deep Learning, while also drawing upon genetic algorithms technology.

Read More.

Options Trading Strategies Forecasts and Risk Modeling

When contemplating an action, whether to cross the street or to invest in company stock, one must be aware of a spectrum of consequences to that decision. The outcome of your decision depends on how good your model is. The faulty risk model relies too heavily on historical data and neglects the possibilities that are not present there.

Our I Know First market forecasting model is modeling the market forces and can be queried to simulate the outcome of various contingencies, such as a change in the interest and currency rates.

Given our analyses, it can be seen that the algorithm is consistent in not only its forecast accuracy but in its returns. Our algorithm models and predicts asset price movements for both long and short positions during both long-term and short-term time frames. Since 2011, we have provided daily predictions for over 10,500 assets, now providing a new Implied Volatility package for our options trading community. Whether it be forex, cryptocurrency, commodities, or stocks and stock-based securities, our forecasts are used by institutional clients as well as private investors and traders to identify the top asset price movements in the market.

Read More.

Want to learn more?

Letter from the CEO

Dear clients,

The Russell 2000 index, which represents the small stocks in the US, closed another week with positive returns. That’s the sixth consecutive week with a positive return from the index! More than that, the annual yield managed to outperform the S&P 500 index for the first time this year.

Since the beginning of December, the Russell index has risen by 5.1%, compared with an increase of only 1.2% in the S&P 500 index.

Cumulatively, the small-cap index has risen by 16.9% since the beginning of the year. That is a good result compared to the 16.3% of the S&P 500 index. Since the beginning of the quarter, the Russell index has risen by about 26.8%, compared to a rise of only about 8.9% by the S&P 500.

But which opportunities the Know First Predictive Algorithm managed to identify from this index?

In a 3 days time horizon, our algorithm was able to identify good opportunities from PLG, BPT, ONCT, IO, and ERF. All of them had at least a 13% return in this period, with PLG and BPT excelling with 41.65% and 40.81% yields respectively. Those returns were way higher than the S&P 500 average at the same time period, a disappointing -0.77%. The stocks mentioned also had good returns in the 7 days time horizon, with PLG as the highlight with a return of 127.20%. The S&P 500 index? Well, its average in the same period was -0.09%, while the I Know First algorithm average was 23.7%.

At the same time, our AI registered good returns from other stocks. In a 1-month time horizon, the algorithm forecasted a 151.97% return of BPT, as well as the 129.09% yield of RIG. Moreover, the returns of 81.02%, 48.88%, and 28.57% from SUP, ERF, and PBPB respectively were also predicted correctly from our algorithm. All of them, including the 50.94% average return from our package, were higher than the S&P 500 average in the same period.

And not only in the short term that the algorithm excels. The 60.41% average return in this 3-months time horizon package indicates that the AI is able to identify the best opportunities in different periods of time.

And what is next? Are we going to see Santa Claus Rally this year?

When we are analyzing the S&P 500 behavior at the end of the year, we can see some opportunities. From 1950 till 2019, the year-end rally tends to take place in the second part of December on average. Of course, the algorithm is already generating daily forecasts for the main US indexes and identifying the Top stock picks on a daily basis.

Which top stock picks the algorithm is identifying today? Click here to see it.

Warmest Regards

Yaron Golgher, Co-Founder and 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).
Get Access to the Latest Heatmap + Daily Market Forecasts!

Commodities, Gold & Currencies

Gold Price Prediction:
Returns up to 1.9% in 3 Days

December 10 | Read More

Best Currency by Big Data:
73.04% Hit Ratio in 14 Days

December 9 | Read More

Currency Forecast:
67.31% Hit Ratio in 7 Days

December 10 | Read More
Gold Forecast:
Returns up 4.15% in 1 Month
December 10 |
Read More

Forex Forecast:
65.38% Hit Ratio in 1 Year
December 10 |
Read More

Commodity Outlook:
Returns up 26.11% in 1 Month
December 10 |
Read More
Find The Latest Top Commodities and Currency Pairs With AI Insight

Weekly Apple Stock Update

This week’s Apple Stock News discusses the Apple+ as a long term investment perspective. According to Evercore ISI analyst Amit Daryanani, all Apple services could bring in more than $100 billion per year in revenue by fiscal 2024. Apple’s content budget will be up to $ 6 billion. That’s roughly half of what Netflix currently spends a year to add to its content library. That would move the. Apple TV+ to have an important role to play in growing the value of Apple’s services business.

According to Wedbush Securities analyst Daniel Ives, the iPhone 12 pre-orders were tracking at double the rate of the iPhone 11. Apple is expected to sell between 210 million units to 230 million units of the iPhone 12 in the current fiscal year that ends in October 2021, according to Wall Street estimates. The last time Apple moved that many units in a single calendar year was in 2015.

Moreover, analyst Ming-Chi Kuo believes that two new MacBook Pro models are in the works to debut in 2021. Kuo believes that Apple will offset the increased cost of mini-LED displays by using its own M1 chips. It’s significantly cheaper than the processors from Intel Corporation (INTC) that previously have been at the heart of MacBooks.

Additionally, subscribers to Apple Music will now be able to play songs on Google’s speaker hardware, including the Nest Audio and Nest Mini speakers. The service will be available starting Monday on speakers running Google Assistant in the U.S., UK, France, Germany, and Japan, Google said. Apple launched its own new smart speaker, the HomePod mini, last month, but still trails rivals.

Read more.
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