I Know First Weekly Review Algorithmic Performance: January 1st, 2024



I Know First
Weekly Newsletter | January 1st, 2024


FacebookTwitterWebsite
Good morning, I Know First universe.
We’re happy to share our best article and stock prediction of the week:
  • Top Trade Ideas – Implied Volatility Options Based on Pattern Recognition: Returns up to 108.66% in 14 Days
I Know First AI Algorithm Picks 10 Stocks to Buy Now >> Watch them Here

Need To Know First!

  • Stocks With High Implied Volatility Based on AI: Returns up to 87.2% in 3 Days
  • Implied Volatility Options Based on Genetic Algorithms: Returns up to 53.78% in 7 Days
  • Implied Volatility Options Based on Pattern Recognition: Returns up to 108.66% in 14 Days
  • Best Tech Stocks Based on Stock Market Algorithm: Returns up to 172.31% in 1 Month
  • Home Builders Stocks Based on a Self-learning Algorithm: Returns up to 61.51% in 3 Months
  • Stock Predictions Based on Deep-Learning: Returns up to 239.12% in 1 Year
  • M/I Homes, Inc. (MHO) is up 57.80% since September 25, 2023 because it has consistent growth, a sound financial structure, and commendable profitability metrics that often outpace industry norms.
  • Saia, Inc. (SAIA) is up 106.03% since January 4th, 2023 because the company is actively taking action to maximize profits and sustain the growth trend. Its strong fundamentals support its further development in volatile times.
  • Green Brick Partners, Inc. (GRBK) is up 74.06% since January 30, 2023since GRBK’s expansion into Austin has investors believing they can grow long-term.

Weekly Winning Forecasts

3 Days
Implied Volatility: 87.20% Return
Options: 36.86% Average
Top 10 Stocks: 16.32% Yield

 
7 Days
Top 10 Stocks: 41.42% Yield
Implied Volatility: 53.78% Return
ARK ETF: 42.81% Average

 
14 Days
Implied Volatility: 108.66% Yield
Ark ETF: 47.02% Return
Top 10 Stocks: 53.05% Average
1 Month
Insider Trades: 172.31% Return
Top 10 Stocks: 134.95% Yield
Tech Stocks: 172.31% Average

3 Months
Home Builders: 61.51% Yield
Insider Trades: 108.63% Return
Tech Stocks: 92.46% Return

1 Year
Home Builders: 263.17% Return
Computers: 239.12% Average Implied Volatility Stocks: 138.66% Yield

Commodities
14 Days: 14.17% Return
Currencies
3 Days: 69.39% Hit Ratio
7 Days: 77.55% Hit Ratio
1 Month: 65.31% Hit Ratio
Cryptocurrencies
3 Days: 29.15% Return
7 Days: 49.76% Return
14 Days: 40.71% Return

1 Month: 150.19% Return

3 Months: 423.11% Return

1 year: 619.12% Return
☆ I Know First AI-Predictive Algorithm Has Increased Conviction In These 5 Stocks – View Them HERE ☆

Snippets From Our Top Blog Posts For The Week:

Stay Ahead Of The Curve: AI Weekly

Stock Market Forecast Based on Artificial Intelligence for 2024

The annual report for I Know First subscribers is now available at a discounted rate. The report includes a full and detailed overview of the year 2023, along with the asset returns up until December 15th. The average return of US stocks for the year was 56.24%, with the S&P 500 index achieving a 23% return. The algorithm used by I Know First accurately identified the semiconductor sector (SOX) and the technology sector (XLK) as the most recommended sectors of the year, both of which saw significant gains. The algorithm also correctly suggested taking a short position in VIX. In terms of assets, the algorithm identified uranium, natural gas, and Ethereum as the most recommended for 2023, and all three experienced substantial jumps throughout the year. The report concludes with the research team’s main conclusions, which were found to be incredibly accurate for the year 2023.

Read more.


AMD Stock Forecast: Overcoming Challenges and Embracing.

AMD has faced challenges in the first nine months of 2023, with lower sales of key processors and increased R&D investment. However, the inclusion of Xilinx and positive contributions from Radeon GPU sales have partially offset these challenges. The company has four sections: Data Center, Client, Gaming, and Embedded. The third quarter of 2023 showed improved profitability as the amortization of intangible assets related to the Xilinx acquisition neared completion. Looking ahead, AMD’s consistent investment in R&D is expected to sustain its leadership in advanced technology. The company has introduced a wide array of new products to enrich its portfolio and boost its competitive advantage. As of the end of Q3 2023, AMD had $5.8 billion in cash and short-term investments and had returned $752 million to shareholders through stock repurchases. The company outperformed peers in the semiconductor industry and has a strong earnings capacity to pay back its debt obligations. The DCF analysis suggests that AMD’s stock price is undervalued and worth buying. While the macroeconomic environment presents uncertainties, the company’s financial performance and positive outlook support a bullish stance.

Read more.


Stock Market Predictions: Sector Rotation Strategy

I’m pleased to inform you that I Know First has developed a trading strategy using their AI Algorithm daily forecasts, which has shown positive returns and outperformed the S&P 500. This strategy focuses on selecting the correct SPDR sector and involves filtering stocks by predictability and rebalancing on a 4-week basis. In 2020, the strategy provided a positive return of 83.72% and outperformed the S&P 500 by 67.96%. It primarily selected a long position in the financial sector, along with long positions in the technology and industrial sectors, and a short position in the real estate sector. In 2021, the strategy yielded a positive return of 48.65% and outperformed the S&P 500 by 22.05%. It again selected a long position in the financial sector, along with long positions in technology, industrial, and consumer discretionary sectors. In 2022, despite a negative return of -3.46%, the strategy still outperformed the S&P 500 by 16.18%. It primarily selected a long position in the industrial sector, along with positions in the financial, healthcare, and consumer discretionary sectors. Finally, in 2023, the strategy provided a positive return of 30.04% and outperformed the S&P 500 by 17.7%. It primarily selected a long position in the technology sector, along with positions in the financial and industrial sectors. Notably, the strategy successfully capitalized on short positions within the financial sector during a period of financial turbulence. Overall, this IKF strategy consistently beat the S&P 500 from 2020 to 2023.

Read more.


Fintech Course at Reichman University

I Know First, a financial technology company, expresses gratitude for the support of their Fintech course and emphasizes their commitment to developing future Fintech leaders. They collaborate with universities to nurture talent and drive innovation in the Fintech landscape. The company provides daily investment forecasts based on an advanced algorithm that predicts over 13,500 securities. The algorithm is powered by artificial intelligence, machine learning, artificial neural networks, and genetic algorithms. It generates daily market predictions for various assets and time horizons. I Know First-Daily Market Forecast website provides more information on the topic. However, it should be noted that the company does not provide personal investment advice and encourages consultation with a licensed financial advisor before pursuing any financial strategies. Read More. In this video , Yaron, the CEO of I Know First, introduces their company’s AI algorithm designed to forecast financial markets. Dr. Lipa Roitman, leading the development team, explains the algorithm’s workings, which includes nightly data analysis and predictive learning. The AI system employs deep learning, neural networks, and genetic algorithms, focusing on predictability indicators for market trends. The presentation covers their services in AI-based stock forecasts and wealth management solutions, and concludes with future plans to expand their technology to more global markets and a transition from market forecasting to trading using advanced AI techniques.

Read More.

Shoonya Bets on Artificial Intelligence for Trading

Shoonya by Finvasia, the leading zero-brokerage trading platform on Wednesday announced that it is India’s first trading platform to offer AI-based predictions and signals for individual stocks. It has partnered with I Know First (IKF), a financial technology firm specializing in providing AI-powered stock market predictions, for the same. In the bustling landscape of India’s financial markets, a new challenger is rising with ambitious goals and a fresh approach. Shoonya, a zero-brokerage trading platform, under the guidance of Sarvjeet Virk, Co-Founder and Managing Director of its parent company, Finvasia, is aiming to break into the top 10 trading platforms in the country within the next two years. They are already showing promising results. Shoonya has amassed around 1.5 lakh active users and, more impressively, witnessed a three-fold increase in its customer base aged 20-24 during the first quarter of 2023-24 compared to the same period in the previous year. This surge in younger users is a testament to Shoonya’s appeal and its resonance with the aspirations of the new generation of investors. With these strategies in play, Shoonya is not just aiming for growth; it’s rewriting the narrative of trading and investment in India’s smaller cities and towns. To learn more about Shoonya, Read More. click here .

Read More.

Want to learn more?

Letter from the CEO

Dear Readers,

As we bid farewell to 2023 and welcome 2024, I would like to take this opportunity to thank you for your continued trust and support in our AI-based stock market forecasting service. It has been an extraordinary year for the global financial markets, as well as for our company.

The S&P 500 closed out 2023 with a surprising gain of 24% as inflation slowed, the economy remained strong and the Federal Reserve signaled an end to its rate-hiking campaign. The S&P 500 rose for nine straight weeks to end the year, its best win streak since 2004. Big Tech stocks lifted the Nasdaq Composite to its best year since 2020 on AI enthusiasm. Global bond and stock markets added almost $20 trillion in capitalization during 2023 and all of that gain came in the last two months of the year. The S&P 500 added 0.3% on the week. The Dow and Nasdaq gained 0.8% and 0.1% for the week, respectively, to clinch their longest weekly winning streaks since 2019.

It’s a great time to use the I Know First AI algorithm to catch those opportunities. Our algorithm has proven its accuracy and reliability in predicting the market trends and movements across various time horizons and asset classes. Here are some of the recent opportunities that the algorithm identified for our subscribers:

In the 3 Days forecast for the Implied Volatility Options Package, CYTK, ALT, and CGEN all had returns of 87.2%, 21.36%, and 17.86%, respectively. The Implied Volatility Options package recorded an overall average return of 10.58%, providing investors with a premium of 10.26% over the S&P 500’s return of 0.32% during the same period. In the 3 Days forecast for the Top 10 Stocks Package, MARA, CLSK, and RIOT all had returns of 16.32%, 12.95%, and 4.72%, respectively. The Top 10 Stocks package recorded an overall average return of 3.9%, providing investors with a premium of 3.33% over the S&P 500’s return of 0.57% during the same period. In the 7 Days forecast for the Implied Volatility Options Package, BTBT, ANY, and MARA all had returns of 53.78%, 28.41%, and 27.2%, respectively. The Implied Volatility Options package recorded an overall average return of 20.34%, providing investors with a premium of 18.53% over the S&P 500’s return of 1.81% during the same period. In the 7 Days forecast for the Top 10 Stocks Package, MARA, RIOT, and AA all had returns of 41.42%, 11.63%, and 7.37%, respectively. The Top 10 Stocks package recorded an overall average return of 7.64%, providing investors with a premium of 7.36% over the S&P 500’s return of 0.28% during the same period. In the 14 Days forecast for the Implied Volatility Options Package, MARA, BTBT, and CLSK all had returns of 108.66%, 69.39%, and 53.05%, respectively. The Implied Volatility Options package recorded an overall average return of 40.75%, providing investors with a premium of 37.78% over the S&P 500’s return of 2.97% during the same period. In the 14 Days forecast for the Top 10 Stocks Package, CLSK, BITF, and UPST all had returns of 53.05%, 40.96%, and 32.17%, respectively. The Top 10 Stocks package recorded an overall average return of 17.99%, providing investors with a premium of 15.02% over the S&P 500’s return of 2.97% during the same period. In the 1 Month forecast for the Tech Stocks Forecast Package, MARA, CLSK, and RIOT all had returns of 172.31%, 140.68%, and 54.91%, respectively. The Tech Stocks Forecast package recorded an overall average return of 51.65%, providing investors with a premium of 46.78% over the S&P 500’s return of 4.87% during the same period. In the 1 Month forecast for the Top 10 Stocks Package, CLSK, SQ, and WIX all had returns of 134.95%, 31.84%, and 27.57%, respectively. The Top 10 Stocks package recorded an overall average return of 28.24%, providing investors with a premium of 23.12% over the S&P 500’s return of 5.12% during the same period. In the 3 Months forecast for the Home Builders Package, MHO, HOV, and PHM all had returns of 61.51%, 59.21%, and 41.84%, respectively. The Home Builders package recorded an overall average return of 36.12%, providing investors with a premium of 24.23% over the S&P 500’s return of 11.89% during the same period.

These are just some of the examples of how our algorithm can help you achieve your investment goals and beat the market. You can find more details and performance reports on our website.

As we enter 2024, we are excited to share with you our special report on the stock market forecast based on artificial intelligence for 2024. This report covers the major trends and themes that we expect to shape the market in the coming year, as well as the top picks and recommendations from our algorithm for each sector and industry. You can access this report by clicking on this link .

We invite you to join our packages and start 2024 with a competitive edge. You can choose from our various subscription plans that suit your needs and preferences. You can also customize your own package by selecting the assets, time horizons and risk levels that you want. You can find more information and pricing options on this page .

We look forward to serving you in 2024 and beyond. We wish you a happy and prosperous new year!

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’s Vision Pro is poised for mass shipments, with an estimated 500,000 units expected in 2024 following an announcement by analyst Ming-Chi Kuo. This device, unveiled in June, is set for availability by late January or early February, starting in the U.S. and expanding globally throughout the year. Concurrently, Apple is in talks with major publishers to utilize news content for training AI systems, potentially enhancing iOS features, although some publishers have reservations about the terms. In response to customer demand, Lowe’s has introduced Apple Pay in its U.S. stores, providing a contactless payment option for shoppers. However, a setback for Apple comes from the U.S. International Trade Commission’s ban on the sale of Apple Watch Series 9 and Ultra 2 due to patent infringement claims related to blood oxygen monitoring technology. While this ban only impacts Apple’s U.S. retail stores, the company is exploring strategies like appeals, potential sensor modifications, or negotiations to resolve the dispute. Read more.
Get the latest AAPL forecasts in your inbox