I Know First Weekly Review Algorithmic Performance: May 20th, 2021


I Know First Weekly Newsletter
Investment Selection Using AI Predictive Algorithm
May 20, 2021

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Consumer Stocks – AI-Powered Stock Algorithm Improves Accuracy to 70% Amid COVID-19

Executive Summary

In this stock market forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the top consumer stocks for long and short positions which were sent daily to our customers. Our analysis covers the time period from January 1st, 2020 until March 30th, 2021.

Consumer Stocks Evaluation Report Highlights:

  • The most impressive outperformance over S&P 500 index comes from the Top 5 signal group on the 1-week time horizon with more than 542.86% higher return.
  • All the signal groups generated by I Know First outperformed S&P 500 index in all of the time horizons except the 1-year time horizon.
  • The Top 20, Top 10, and 5 signal group generated by I Know First succeeded in outperforming S&P 500 Index on almost every horizon.
  • Stock predictions’ hit ratio reaches 70% amid the COVID-19 pandemic. This is an improvement from 65% in our previous evaluation report.

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Consumer Stocks’ Performance Evaluation Report – Accuracy Up To 65%

Executive Summary

In this stock market forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the top consumer stocks for long and short positions which were sent daily to our customers. The Consumer Stocks Package is designed for investors and analysts who need predictions of the best-performing stocks for the whole Consumer Industry. Our analysis covers the time period from August 19th, 2019 to November 18th, 2020.





Consumer Stocks Evaluation Report Highlights:

  • The most impressive returns came from the Top 20 signal group in the 1-year time horizon with a 133% higher return than the S&P 500 Index.
  • All the signal groups generated by I Know First succeeded in outperforming S&P 500 Index in the 2-weeks’ time horizon.
  • The Top 20, Top 10, and 5 signal group generated by I Know First succeeded in outperforming S&P 500 Index on almost every horizon.
  • Every signal group has hit ratios are above 48% for all time horizons amid the COVID-19 crisis.

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Winning CATO Stock Forecast: Cato Fashions Continues Comeback in 2018

“We are starting to see more favorable sales trends as a result of adjustments to our merchandise strategy. We remain optimistic about our ability to build on this momentum going forward.”

John Cato, Chairman, President, and Chief Executive Officer

(Source: Wikimedia Commons)

On May 23, the I Know First algorithm gave the =&0=& a signal of 22.27 and predictability of .22 over a 14 day time horizon in the stocks under $20 forecast package. In accordance with the algorithm, over this time period from May 23 to June 6, the stock increased to $23.80 from a closing price of $17.46 on M ay 22, a gain of 36.33%.

Last year, Cato Fashions was one of the small specialty retailers struggling the most from the retail apocalypse. However, on May 24, CATO announced their earnings for Q1 2019 which were must better than expected and are beginning to show a promising future for the company. The company increased revenue to $23.4 million in Q1 2018 from $22.2 million in Q1 2017. This corresponded with EPS of $0.94 in comparison, an increase of 11%. Additionally, gross margin increased 1% to 39.7% thanks to lower buying and opportunity costs and higher merchandise margins. Sales decreased only 1% from last year to $236 million. However, for the 4 weeks ending on June 2, 2018, same store sales increased 9% to $77.3 million from the four week period ending on June 3, 2017. This pick up in sales is a major improvement for the specialty clothing brand as the retail industry has struggled with bringing customers into stores.

The gains of over 35% for CATO over the duration of the bullish forecast for the company highlight the accuracy of the I Know First algorithm.

Current I Know First subscribers received this bullish CATO forecast on May 23, 2018.

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Portfolio Optimization Based on Machine Learning: Up to 71.20% Return in 14 Days

Package Name: Consumer Stocks
Forecast Length: 14 days (11/24/15 – 12/8/15)
I Know First Average: 12.74%

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Stock Research Based on Big Data: Up to 42.58% Return in 7 Days

Package Name: Consumer Stocks
Forecast Length: 7 days (11/18/15 – 11/25/15)
I Know First Average: 12.73%

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Stock Alerts Based On a Predictive Algorithm: Up to 71.43% Return in 3 Days

Package Name: Consumer Stocks
Forecast Length: 3 days (11/22/15 – 11/25/15)
I Know First Average: 10.56%

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Best Consumer Stocks Based on Genetic Algorithms: Up to 47.12% Return in 3 Days

Package Name: Consumer Stocks
Forecast Length: 3 days (11/20/14 – 11/24/15)
I Know First Average: 6.19%

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