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.
