Stock Market Forecasting: I Know First World Indices Coverage Update

Executive Summary:

  • I Know First Provides updated world indices package of more than 100 indices out of which 37 are newly added so far this year.
  • The best performers are the ^GVZ (up 31.55% over 1-Month) and ^IBC (up 129.74% over 3-Months).
  • I Know First continues to perfect the AI algorithm and provides World Indices services to both institutional and private customers.

I Know First currently provides forecasting for over 110 equity indices including a mix of geographical, volatility, and sector-specific measures. In particular, I Know First has recently added coverage of regional and sector-specific Asian and American markets and indices such as the Nifty 100 and the SOX index have been added. However, over the past year alone I Know First has added 37 new indices, a 44% coverage increase.

The World Indices Package is one of I Know First’s quantitative investment solutions. The world indices forecast is determined by screening the database daily using the advanced algorithm.

New World Indices Performance

indices coverage

Figure 1: Long forecast performance example over 1-month

One of the best performing newly added indices in terms of signal, predictability, and returns in the table above is the CBOE Gold Volatility Index (^GVZ) with a 31.55% 1-month return (Figure 1) from 10th June 2019 to 10th July 2019. Another one of the newly added indices is the Nifty Financial Services Index (^NIFTYFIN), a popular measure of the stock market’s performance for the financial services sector. This index returned 6.92% (Figure 3) over the three-month period from 9th April 2019 to 9th July 2019.

Existing I Know First World Indices Performance

indices coverage

Figure 2: Long forecast performance example over a 3-month time horizon

From the set of pre-existing indices before the package update, I Know First continues to provide a reliable forecast enabling clients to obtain excellent returns. Venezuelan stock exchange index (^IBC) has been one of the strongest performers since being added to our coverage universe last year, including rising 129.74% on the long position over the 3-month span ending July 10th as illustrated in figure 2 above. Similarly, the Buenos Aires SE Merval Index (^MERV) returned a stellar 34.85% (Figure 2) over the same three-month period.

indices coverage

Figure 3: Long forecast performance over a 3-month time horizon

How to interpret these diagrams.

Please note – for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.

The Structure of the Updated Package

I Know First currently generates daily predictions for over 10,000 investments, 89% of the MSCI All Country World Index, 106 Equity ETFs, and is continuing to expand its coverage. Over the past year following requests from our clients I Know First has expanded its coverage of world indices. As a result, the full list of the different world indices that I Know First provides coverage for as part of its daily market forecast:

TickerFull Name of Index
^AEXAMSTERDAM EXCHANGE Index
^AORDS&P ASX ALL ORD Index
^APAPR.TPaper & Pulp Index
^ATGAT SE GENERAL Index
^ATXVIENNA SE AUSTRIAN TRADED Index
^AXJOS&P AUST Index ASX 200 Index
^BBUF246TBloomberg Commodity Index 2-4-6 Forward Blend Total Return
^BFXBEL-20 Index
^BSESNS&P BSE SENSEX Index
^BTKNYSE Arca Biotechnology Index
^BVSPSAO PAULO SE BOVESPA Index
^CEXS&P CHEMICALS Index
^CSECOLOMBO SE ALL SHARE Index
^CSI000016SSE 50 Index (Shanghai)
^CSI000300CSI 300 Index
^DFMGIDFM DFM GENERAL Index
^DJIDOW JONES INDU AVERAGE NDX
^DJTDOW JONES TRAN AVERAGE NDX
^DJUDOW JONES UTIL AVERAGE NDX
^dMGWD00000GUSMSCI AC WORLD Index GDP GROSS RETURN Index IN USD CURRENCY
^dMGWD00000PUSMSCI AC WORLD Index GDP PRICE RETURN Index IN USD CURRENCY
^dMIWD00000GUSMSCI AC WORLD Index GROSS RETURN Index IN USD CURRENCY
^DXYDXY US Dollar Currency Index
^EGX100EGX 100 Index
^EGX30EGX 30 Index
^EGX70EGX 70 Index
^EVZCBOE Eurocurrency volatility index
^FCHICAC 40 Index
^FTMCFTSE 250 MID Index
^FTMIBFTSE MIB Index
^FTSEFTSE 100 Index
^GDAXIDEUTSCHE BORSE DAX Index
^GSPTSETSX-Toronto Stock Exchange 300 Compo
^GVZCBOE Gold Volatility Index
^HGXPHLX Housing Sector
^HNXIHNX Index
^HSIHANG SENG Index
^IBCIBC I-IBC Index
^IBEXIBEX 35 COMPOSITE Index
^IGBCCOLOMBIA SE GENERAL Index
^IRTSRTS Index
^ISEQWisdomTree ISEQ 20 UCITS EUR Inc ETF
^IXICNASDAQ NMS COMPOSITE Index
^JALSHALL SHARE
^JKSEJSX COMPOSITE Index
^JPLATFTSE/JSE Platinum Mining
^KLSEFTSE BURSA MALAYSIA KLCI Index
^KRXKBW Nasdaq Regional Banking Index
^KS11KOREA SE KOSPI Index
^KS200KOREA SE KOSPI 200 Index
^KSEKARACHI SE 100 Index
^MERVBUENOS AIRES SE MERVAL Index
^MIDS&P MIDCAP Index
^MXXS&PBMV IPC
^N100EURONEXT 100 Index
^N225NIKKEI 225 Index
^NBINASDAQ Biotechnology index
^NDXNASDAQ 100 Index
^NIFTY100Nifty 100 Index
^NIFTYFINNifty Financial Services Index
^NIFTYPSUNifty PSU Bank Index
^NSEINIFTY 50
^NWXNYSE Arca Networking Index
^NYANYSE COMPOSITE
^OBXOBX Index
^OEXS&P 100 Index
^OMXC20OMXC 20
^OMXHPIOMXH GEN PI
^OMXS30STO OMX Index
^OSXPHLX Oil Service Sector
^PSITHE PHILIPPINE STOCK EXC PSEI Index
^PSI20EURONEXT LISBON PSI 20 Index
^RMZMSCI US REIT Index
^RUARUSSELL 3000 CASH (NY) Index
^RUIRUSSELL 1000 Index
^RUTRUSSELL 2000 Index
^S&P500S&P 500 Index
^SETITHAILAND SET Index
^SKEWS&P 500 SKEW Index
^SOXPHLX Semiconductor Sector
^SPBLPGPTS&P LIMA GENERAL Index
^SPBMIWJREITGTRS&P developed EX-JPN REIT GR
^SPCYS&P 600 SMALL CAP Index
^SPSUPXS&P COMP 1500
^SPTSECPS&PTSX 60 CAP NDX
^SSECSHANGHAI SE COMPOSITE Index
^SSMISMI PRICE
^STIFTSE STRAITS TIMES Index
^STOXXSTXE 600 PR Index
^STOXX50STXE 50 PR Index
^STOXX50EESTX 50 PR Index
^STOXXEESTX PR Index
^TA125Tel Aviv Stock Exchange TASE-125
^TA35Tel Aviv Stock Exchange TASE-35
^TASITDW MAIN Index
^TNXCBOE 10 Year Treasury Yield Index
^TR20Dow Jones Turkey Titans 20 Index
^TWIITAIWAN SE WEIGHTED Index
^TYXCBOE 30 Year Treasury Yield Idex
^VALUA1Value Line Arithmetic Index
^VIXCBOE MKT VOLATILITY Index
^VNIVIETNAM Index
^VXDCBOE DJIA Volatility Index
^VXNCBOE NASDAQ 100 Volatility Index
^VXOCBOE S&P 100 Volatility Index
^W5000Ws5000 TMI FC
^XALNYSE Arca Airline Index
^XNGNYSE Arca Natural Gas Index
^XOINYSE Arca Oil Index
^XU100BIST 100 Index