The I Know First algorithm tracks and provides forecasts for a broad range of ETFs, helping our clients construct effective portfolios based on their preferences and investment horizons ranging from 3 days to.
Our forecasts for ETFs are determined by screening the database daily using our advanced algorithm to find the best investment opportunities for both long and short market directions. Currently, our AI algorithm covers 1255 ETFs.
![](https://iknowfirst.com/wp-content/uploads/2024/03/ETFs-Forecast.png")
In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the ETF universe, which is sent to our customers on a daily basis. Our analysis covers the time period from 1 April 2019 to 31 May 2019. We will start with an introduction to our asset picking and benchmarking methods and then apply it to the ETF universe. We will then compare returns based on our algorithm with the benchmark performance over the same period. This evaluation is part of our continuous studies of I Know First’s live AI predictive algorithm’s performance.
Early upon the launch of I Know First’s forecasting algorithm, we implemented our AI-based ranking and forecasting model for a selection of 100 ETFs in the U.S. market. Since then, I Know First began to issue ETF forecasts for our global subscribed investors.
According to our forecast evaluation results, the predictions generated returns greatly surpassing that of the benchmark we have utilized, namely, the SPDR S&P 500 Trust ETF (NYSE: SPY) which tracks the S&P 500 stock market index.
For each covered ETF, the forecasts are generated daily for 5 main time horizons, expressed in calendar days or months: 3 days, 7 days, 14 days, 1 month and 3 months.
The daily updated forecast consists of two numbers: the signal which indicates the predicted direction and strength of the ETF’s movement in the respective time frame, and the predictability which indicates how predictable the algorithm considers the ETF’s movements to be.
Currently, I Know First’s AI-based forecasting system covers 100 ETFs in total in the U.S. market, which are shown in the table below by their tickers.
Table 1: I Know First’s ETF Coverage
The predictive AI system can be used by investors/traders to make smarter investment decisions by:
Identifying promising opportunities in the U.S
Disclaimer:
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.