I Know First was featured on AI+ News in an article written by New Reel Hub. This article refers an interview in November 2019 of I Know First by i24 News TV channel which was broadcasted on Israel Business Weekly show. Following huge success of Channel 13’s report about investment portfolio test based on I Know First’s algorithm, the article presented the story and the AI algorithm of the company.

Yaron Golgher, CEO of I Know First, explained there are predictable and unpredictable assets and the AI is able to distinguish them. He affirmed that the I Know First’s competitive advantage is the high hit ratio and predictability indicator for each and every asset prediction within the company’s forecasts. This is possible because the predictions are based purely on statistics calculated by the machine learning algorithm without any potential human bias. Ben Rubin, Head of Advisory at I Know First, provided insights that “…in comparison to the regular investment houses and funds for which a hit ratio of 55%-60% is considered to be good, we managed to achieve 65%-75% hit ratio in some investment universes and asset classes”

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I Know First, Ltd. is a financial technology company that provides daily investment forecasts based on an advanced, self-learning algorithm. Thus, the company’s algorithm predicts over 10,500 securities (and growing). Thus, it has capabilities to discover patterns in large sets of historical stock market data.

The underlying technology of the algorithm based itself on Artificial Intelligence. It also based itself on machine learning and incorporating elements of artificial neural networks and genetic algorithms. Moreover, the algorithm generates daily market predictions for stocks, commodities, ETF’s, interest rates, currencies, and world indices for the short, medium and long-term time horizons.