Top Japanese Stocks: Daily Forecast Evaluation Report

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 Japanese stocks for long and short positions (20 stocks) which were sent daily to our customers. Our analysis covers the period from January 1st, 2019, to June 22nd, 2020 and further analyzes the performance of the Japanese market since the beginning of the Coronavirus pandemic, February 22nd, 2020.

Chart 1: Performance comparison for Top 20, Top 10 and Top 5 signals by Daily Model vs Nikkei 225 for short term horizons since January 1st, 2019 until June 22nd, 2020.
Chart 2: Performance comparison for Top 20, Top 10 and Top 5 signals by Daily Model vs S&P 500 for period since February 22nd, 2020 (Coronavirus) until June 22nd, 2020.

Top Japanese Stocks Highlights

  • The Top 20, Top 10, and Top 5 signal groups generated by I Know First consistently outperformed Nikkei 250 Index for all three time horizons.
  • The Top 5 signal group outperformed the Nikkei 250 by 5.39% using the two-week time horizon.
  • Since the start of the Coronavirus, the Top 20, Top 10, and Top 5 signal groups generated by I Know First remained extremely profitable, while the Nikkei 250 declined.
  • Using the two-week time horizon, the top 5 signal group outperformed the Nikkei 250 by 10.89% since the start of the Coronavirus.
  • Every signal group generated by I Know First succeeded in outperforming Nikkei 250 both before and after the start of the Coronavirus pandemic.
  • Hit ratios for all time horizons are above 50% since the start of COVID-19.

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Best Japanese Stock Market: Daily Forecast and Global Model Performance Evaluation Report

Japanese Stock Market Evaluation Highlights:

  • Stock market forecasts that were generated by our Daily Forecast model obtained positive returns for all time horizons.
  • Top 5 by signal group achieved returns of up to 9,72%. It also outperformed the Nikkei 225 index by a significantly high margin in the 30 and 14 days time horizon in accordance with the Daily Model.
  • The Global Model forecasts obtained positive returns for all time horizons.

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I Know First Predicting Japanese Stock Market at Israeli FinTech Emerging In Tokyo Event

On September 25th, 2019 Yaron Golgher, Co-Founder & CEO of I Know First, participated in the “Israeli FinTech Emerging In Tokyo” event organized by City TLV. During the event he presented our financial technology company that provides daily investment forecasts based on an advanced, self-learning algorithm as well as the algorithm performance predicting the Japanese stock market.

The self-learning predictive algorithm has demonstrated amazing results predicting the Japanese stock market, including Nikkei 225 index, and identifying the best investment opportunities on the capital markets

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Updated Performance Report of I Know First’s AI-Predictive System for Japanese Stock Market – Continuously Beating the Nikkei 225

As of December 28th 2017, I Know First finished the implementation and the training period of its AI-based ranking and forecasting model for the main equities listed on the Tokyo Stock Exchange (TYO) specifically a selection of 1277 stocks. On this date, I Know first published the first Japanese stock forecast for the subscribed investors in the local Japanese market, as the timing of the data feed and the forecast generation was adjusted to the respective time zone.

According to our forecast evaluation results, the predictions generated returns greatly surpassing that of the benchmark we have utilized, namely, the sample of equally-weighted 1277 most liquid stocks from the Tokyo Stock Exchange held by I Know First, including all 225 of the Nikkei 225 Index constituents.

For each covered stock the forecasts are generated daily for 6 main time horizons, expressed in calendar days/months/years: 3 days, 7 days, 14 days, 1 month, 3 months and 1 year.

The daily updated forecast consists of two numbers: the signal which indicates the predicted direction and strength of the stock’s movement in the respective time frame, and the predictability which indicates how predictable the algorithm considers the stock’s movements to be.

Currently, I Know First’s AI-based forecasting system covers 1277 main equities listed on the Tokyo Stock Exchange, which we have used as the benchmark below.


AI Added Value to the Investors:

The predictive AI system can be used by investors/traders to make smarter investment decisions by:

Identifying promising opportunities in the Japanese stock

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