PTC Inc. (PTC) Stock returns up to 42.41% since July 22, 2020, as it could improve its profitability and growth potential as it expands beyond its software products.
HP Inc. (HPQ) Stock is up 36.52% since July 21, 2020, as it becomes the second-largest vendor in the PC market.
Apple Stock Forecast for 2021: Take Your Profits On Apple
Congratulations to those who heeded my June 21 buy recommendation for the Apple stock forecast for 2021. The pandemic no doubt is still a bonanza for Apple. AAPL’s 6-month price return of 45% should compel you to cash out your profits. Selling 40% of your current AAPL exposure at $128 is the right move. This is better than holding on to AAPL hoping it would go beyond $150.
The big rally of AAPL this year is thanks to the pandemic boost for its app store and other subscription services. We should now take our profits before market sentiment starts reversing. Apple’s gold mine from app store purchases is clearly threatened by PWA apps. Unless Apple starts developing, publishing, and hosting its own paid streaming platforms for apps and games, the Services segment will have to make do with the low-margin ventures of Apple TV, Apple Music, and Fitness+. A busted tailwind from its Services segment can force investors to devalue AAPL.
AI-Based Predictive Algorithm Shows Accuracy Up To 81% In Daily S&P 500 and Nasdaq Predictions
This stock market forecast analysis covered stock predictions generated for S&P 500 and NASDAQ indices and their associated ETFs tracking them namely, SPY and QQQ. The fundamental result of this research is that the hit ratios both for SPY and QQQ forecasts achieve high levels of 100%, respectively. The company’s report covered the period from August 6th, 2019 till December 6th, 2020, which includes the time of the coronavirus crisis since the start of 2020, when the market became more volatile and unpredictable than before. During this time, the company was still successfully generating the AI-driven predictions for the above-mentioned Wall Street most admired indexes, delivering daily stock forecasts to its clients, and keeping track of the hit ratio. The latter reflects the accuracy of predictions.
According to the report, the highest hit ratio reached by the algorithm was 100% for 365-day time horizons both for the S&P 500, Nasdaq, SPY, and QQQ ETF. Generally, algorithm effectiveness was improving according to the length of the time horizon: in most cases, the longer the time horizon was, the more precise the algorithmic predictions were.
This means that I Know First customers could be highly certain in the forecasts they are getting are based on statistically meaningful relationships picked up by the AI algorithm in the fresh market data and can be used as a solid basis for decision-making amid these volatile time periods.
Quantum Trading: Econophysics Can Help Predict Financial Markets
Though many wouldn’t think of the financial market and physicists being much related, Econophysics, a relatively new field of study, is proving how the notions in physics are able to explain phenomenons in the financial market that baffles investors. This combination of physics and finance/economics, allows the business world to better tackle various risks found in finance.
I Know First has a state of the art algorithm, that uses Artificial Intelligence and self-learning capabilities to predict asset price movements in the market today. The algorithm, as well, incorporates models and concepts derived from the phase transition. The concept of phase transition occurs mainly in conditions of market instability, which is analogous to supersaturation in physics. When one paradigm has been exhausted, and the conditions are ripe for a change, then any small perturbation in the market input, such as the interest rate change, or social event (presidential elections) can bring about a large paradigm shift. In contrast, the stable market is characterized by a smooth input-output relationship.
Robinhood is an online broker-dealer that allows investors to trade without incurring a commission charge. It was meant to level the financial playing field and allow amateur investors the ability to participate in the stock market. The app allows users to trade stocks and funds, as well as options, cryptocurrency, and fractional trades. They also have Robinhood Gold, a subscription-based service that starts at $5 per month and allows users to trade on margin. This membership allows users to trade on borrowed money, as well as gives them access to research reports.
Robinhood users have been successfully investing in stocks which I Know First has provided bullish forecasts for. Recently, Robinhood investors were able to profit off of the airline industry, despite betting against investing veteran Warren Buffett. In early May, Mr. Buffett fully liquidated his shares in four airlines, while Robinhood investors began buying up airline stocks. Since then, JETS ETF surged 55%. This investment was also in accordance with a bullish I Know First forecast.
Deep Learning Algorithms: The Future of Financial Investment?
There is a lot of talk around this buzzword, but what exactly is deep learning? Deep learning is essentially the study of artificial neural networks and related machine learning algorithms that contain more than one hidden layer. This can be broken down into its individual components. A single neuron might take in various inputs with assigned weights and output an answer. This could be connected with various other neurons to form a neural net. This neural net might have a complex web of differently weighted inputs and outputs it uses internally before generating an answer.
I Know First is one of the Fintech companies which is using deep learning technology to focus on the financial market. The company trains its machines on years of data to increase market profits for its clients. The open AI based its improved Atari Challenge machine on genetic and biological algorithms as well. It beat the record set by Google’s Deep Mind by 23 hours. Based on 15 years of historical data and current market data, I Know First’s system can identify patterns and predict future shifts in stock share prices over 6 different time horizons.
The year 2020 has turned out to be quite impressive for most stock investors, and especially so for passive investors. If you were fully invested simply in the S&P 500, well, it’s time to celebrate: you have gained roughly 15%. And the market rally is not over yet! Which S&P 500 Stocks were picked by the I Know First predictive algorithm last year?
In this forecast generated by our predictive algorithm, some very good results were seen. 10 out of 10 stock prices in this forecast for the Top S&P 500 Stocks Package moved as predicted by the algorithm. The top-performing prediction from this package was NVDA with a return of 117.81%. Further notable returns came from AMD and ALGN at 97.27% and 90.01%, respectively. Additionally, stocks such as LCRX, NFLX, IPGP, and ADBE had very solid results in the same timeframe with returns of 63.12%, 54.25%, 52.76%, and 51.64% respectively. The package’s overall average return was 61.61%, providing investors with a 46.73% premium over the S&P 500’s return of 14.8% during the same period.
Moreover, that’s only the S&P 500. The tech-heavy NASDAQ’s gains are even more impressive. There, an investment of $100,000 at the beginning of 2020 would be worth at least $148,000 right now, and with a growing margin for the future. In this forecast, the greatest return came from IAC at 123.42%. Further notable returns came from NVDA and NVMI at 117.63% and 83.56%, respectively.
This is especially important knowing where we have been. It has been a roller coaster ride, with a once-in-a-century pandemic and unprecedented economic lockdowns. Investors who do not try to time the market and patiently ride out the market’s ups and downs have been rewarded.
However, there are a lot of people who seemed to have missed out on the gains for various reasons. Many believed early in 2020 that the valuations were too high. Others felt that the bull market already was in the 11th year and could not go on any longer. Some others were scared out of the market when the pandemic set in, and the market started crashing in early March. Then there are others who just like to keep a lot of cash reserve as a way of their investment style.
Our Insider Trades Package forecast had correctly predicted 9 out of 10 stock movements. The highest trade return came from TSLA, at 689.29%. RNG and NVDA also performed well for this time horizon with returns of 135.99% and 117.63%, respectively. The package saw an overall yield of 123.5% versus the S&P 500’s return of 14.8% implying a market premium of 108.64%
And what are the best stocks for 2021?
If you wish to build a passive portfolio for 2021 based on AI, you can join here. We are highly recommending taking advantage of this 1+1 end of the year deal. You can also click here and choose the two packages of your preference.
If you are already a client, you just need to send an email to [email protected] to get your 1+1 annual deal!
The best investment opportunities for 2021 are waiting for you.
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 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 do the colors indicate? A. The green boxes signify long predictions and the red boxes signify short predictions. The bright shades denote the strongest predictions.
Q. How should I use the predictabilities and signals? A. It is recommended that investors consider both the signal strength and predictability, as a highly predictable stock that barely moves and an unpredictable stock that is projected to move drastically both make unattractive investments.
Q. Which time horizons should I follow? A. The longer-term forecasts (1-month and 3-month) tend to have higher predictabilities as the algorithm can more easily spot long-term trends. We suggest following these two time horizons the most closely, but the more reactionary shorter term horizons are helpful in understanding the short-term volatility of the market. Perhaps if you see that a stock with a strong, positive 3-month prediction has a negative short-term forecast, it is a good idea to wait until the stock decreases in value before buying it.
This week’s Apple Stock News discusses the potential competition between Apple’s cars and Tesla. According to Reuters, the company will strive to create cars for consumers using its own batteries. With its own breakthrough battery technology, and with enough resources, Apple is potential future competition for self-driving car technology in the world. Apple Inc. is moving forward with self-driving car technology and is aiming for 2024 to launch a passenger car that could include its own revolutionary battery technology.
According to the Global Times, the prediction for China’s GDP growth rate in 2021 is 7.5%. Of course, the economic recovery in China plays an important role in the Apple stock market. In greater China, Apple’s reported revenue returned to growth in 2020 with revenues of $13.58 billion, rising from $13.17 billion last year. That amounts to a 3.1% earnings growth rate year-over-year. China is the largest and most lucrative market by far for Apple and much of the profit and demand for iPhones comes from China.
Finally, according to Cult of Mac, Mac sales hit $7.1 billion in the quarter, up a whopping 22% year-over-year.iPad sales during the April-to-June period totaled $6.6 billion, a 31% rise year over year. Wearables revenue increased by 17%(hit $6.5 billion). Apple services went up to $13.2 billion, an increase of 15%. Revenue from iPhone sales totaled $26.4 billion during the quarter, up 2% annually. Among its products, the iPhone accounts for 50% of total revenue; Mac (10%); iPad (9%); and wearable devices, home, and accessories (11%).
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
