I Know First Evaluation Report For Interest Rates Assets Universe

Executive Summary

  • Top 5 signals provided the most predictable stocks with a return of 4.85% in a 3-month investment horizon, beating the benchmark by 4.29%.
  • There is a clear positive correlation between increasing time horizons and heightened investment returns.
  • The benchmark was over-performed in the top 20, 10 and 5 signal classes for every time horizon - from 3 days all the way up to 3 months.

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I Know First Live Forecast Evaluation: Based On New Global Volatility Adjusted Approach

Top S&P 500 Stocks

Executive Summary

As of December 2018, I Know First finished a performance evaluation of the live AI-based predictive forecasts for the new S&P 500 stock strategy sent to customers. This evaluation clearly demonstrates the consistent out-performance of I Know First’s forecasts vs the S&P 500 index and previous stock picking methods. This evaluation is part of our continuous studies of live I Know First’s AI predictive algorithm performance.

S&P 500 Highlights:

  • Selecting the S&P 500 stocks with only the top 5 adjusted signal strength provides the highest return consistently beating other filters for each time horizon.
  • There is a clear correlation between the length of the time horizon and the return as the length increases the accuracy and performance of the I Know First algorithm dramatically improves.
  • For the three-month time horizon all signal filters outperform the benchmark with the top 5 signal providing a return of 42% more than the benchmark.

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Evaluation Report For The Nikkei 225 Stock Universe – Consistently Outperforming Benchmarks

Executive Summary

In this Live Forecast Evaluation Report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the Japanese stock market and sent to our customers on a daily basis. Our analysis covers the time period from January 1, 2018 – November 31, 2018. The following results were observed when signal and predictability filters were applied in order to pick the best performing stocks out of the most predictable ones. The main findings for the returns distribution of stock filters (stocks subsets) for the Nikkei 225 universe are outlined below:

Nikkei 225 Highlights:

  • Signal indicator filter applied to Top 30 most predictable stocks provides the highest return of 3.80% for Top 10 stocks on 3-months’ investment horizon.
  • We observe clear increasing trend on returns improving with the increase of forecast time horizon – the change in returns from 1 month to 3 months is more than 1361.5% for Top 10 stocks.
  • Top 10 stocks significantly out-perform both benchmarks, including Nikkei 225 actual performance recorded over the time under consideration, by over 475%.

The common pattern between the forecasts’ performance for the above stock universe is that systematic filtering by both signal and predictability provides the most benefit for long term investments, hence are more suited for private and institutional investors whose primary goal is to systematically identify assets which will provide the most gains of its value going forward in time.

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I Know First Live Forecast Evaluation Report For Currencies Universe – Using Predictability And Signal While Searching For The Best Currencies

Executive Summary

In this live forecast evaluation report for currencies we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the Forex market that we sent to our customers on a daily basis. We will start with an introduction to our asset picking and benchmarking methods and then apply it to the currency pairs universe covered by I Know First’s “Currencies” package and compare it to the benchmark performance over the same period. This report continues our investigation published on September 27, 2018.

Currencies Universe Highlights

  • The Top 5 most predictable stocks on 3-months’ investment horizon provided the highest return of 4.41% and beat the benchmark by 2.23%
  • We monitor an improving return with the increase of the forecast time horizon¬- the difference in return from 1 month to 3 months for the Top 5 stocks is 4.16%
  • Top 5 and Top 10 stocks largely outperform the benchmark, whereas Top 20 stocks outperform the benchmark in 3 out of 5 cases.

Winning SIG Forecast: Signet Jewelers Is A Diamond In The Rough

The Path to Brilliance plan “is intended to reposition Signet to be a share-gaining OmniChannel jewelry category leader.

– Signet Chief Executive Officer Virginia Dossos

(Source: Wikimedia Commons)

=&0=&is one of the biggest diamond jewelry retailers and is the parent company of many smaller jewelry chains such as Jared, Zales, Kay, and more. On June 6, the I Know First algorithm issued a bullish 14 day forecast for SIG with a signal of 24.00 and a predictability of 0.19. In accordance with the forecast, over the 14 days from June 6 to June 20, the stock price increased by 34.02%.

The stock surged on June 6 after the release of the company’s Q1 2019 earnings report. The company surpassed analyst expectations with revenue of $1.48 billion, a 5.5% YoY increase. This is especially significant because revenue is still growing for the company despite store closures and a difficult diamond retail environment. There are a few factors that contributed to the strong revenue: increased promotions and a calendar shift in timing of Mother’s Day, the increased sales from the acquisition of James Allen, and favorable currency exchange rates. Additionally, in Q1 of last year, many of the company’s subsidiaries had comps down by over 10%. In comparison, this quarter comp sales were only down by 0.1%. In the earnings call, CEO Virginia Drossos explained that the company will face a tougher Q2, but still expects total sales between $5.9 billion and $6.1 billion. On top of this, eCommerce increase by 81% on a reported basis led by James Allen which increased by 29%

The company has put in place a new 3 year transformation plan entitled the Path to Brilliance to build a strong foundation for the future. While the company is only 2 months in, the initiatives are clearly already showing strong results based on the Q1 earnings. The plan has 3 main priorities:

Customer first- will look at consumer

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SIFY Stock Forecast: Sify Technologies Limited Stock On The Rise

 The article was written by Aline Rzetelna, a Financial Analyst at I Know First

SIFY Stock Forecast: 

Summary:

  • SIFY Regains Compliance with Nasdaq Minimum Bid Price Requirement
  • SIFY Expands Its Network Presence
  • SIFY Reports First Quarter Consolidated Results
  • I Know First Bullish Forecast on SIFY

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AMAT Stock Forecast: AMAT Delivers Best Quarter in its 50-Year History and It Is Just The Beginning

 The article was written by Aline Rzetelna, a Financial Analyst at I Know First

AMAT Stock Forecast

Summary:

  • Record Results for AMAT in the Third Quarter of Fiscal 2017
  • New Era of Artificial Intelligence
  • Business and Financial Outlook for the Upcoming Periods
  • I Know First Bullish Forecast on AMAT

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Quick Win By The Algorithm: Specialty Products Providing A Much Needed Boon For CLMT

Stock Prediction Quick Win

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quick win

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