The purpose of this report is to present the results of live forecast performance evaluation for I Know First AI Algorithm, specifically for Singaporean stock market. 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 period under evaluation is from January 3rd,2018 to September 30th, 2018. The corresponding returns distribution of stock filters (stocks subsets) for both Singaporean stock market universe and the main findings are below:
Singaporean Stock Market Universe Highlights:
Signal indicator filter applied to Top 30 most predictable stocks provides the highest return of 4.66% for Top 5 stocks on 3-months’ investment horizon
There is a clear increasing trend for returns improvement with the time horizon increase – the delta in returns from 1 month to 3 months is more than 350% for Top 5 stocks
Top 5 stocks significantly out-perform the benchmark by over 210%
The above results were obtained based on forecasts’ evaluation over the specific time period using consecutive filtering approach – by predictability, then by signal, to give general overview of the forecasting capabilities of the algorithm for specific stock universe.
The left-hand graph shows March 30th 2014 currency forecast which includes both long and short recommendations. The green boxes signify long signals and the red boxes signify short signals. The bright shades denote the strongest signals. The right-hand side shows the returns of the suggested currency pairs from March 30th 2014 to March 30th 2015 Forecast Length: 1 Year (03/30/14 - 03/30/15)
Smith Micro Software Inc. was a top stock pick based on predictive algorithm recommended to I Know First subscribers on January 15th for the 7-day time horizon. Smith Micro Software had a signal of 25.29 and a predictability of 0.16. In accordance with the algorithm, the company reported short-term capital gains of 78.57%. Smith Micro Software was part of the stock forecast that can be found in the “Top Tech Stocks” Package. The full Top 10 Tech Stocks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
