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Aggressive Stocks Amid Coronavirus Market in 2020

November 26, 2020

Executive Summary

The purpose of this report is to present the results of the live forecast performance evaluation for I Know First AI Algorithm, specifically for the Aggressive stocks. The following results were observed when signal and predictability filters were applied to pick the best-performing stocks out of the most predictable ones. The period under evaluation is from 20th December 2019 to 8th November 2020. The corresponding returns distribution of stock filters for the Aggressive stocks are shown below:

Figure 1 : Average Returns Per Time Horizon – Short Term

Figure 2: Average Returns Per Time Horizon - Long Term

Highlights:

The highest average return in the longest horizon of time - 3 months: for the Top 20 signals - 12.32%, for the Top 10 signals - 17.16%, for the Top 5 signals - 14.94%.
S&P 500 price target implying a 12% rally in 2021.
17,16 % - the highest average return for an investor is the Top 10 Signals with a period of 3 months.

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Algorithmic Performance

Best Chinese Stocks: Is China Finally Recovering from COVID-19?

August 27, 2020

This Best Chinese Stocks article was written by Erica McGillicuddy, Analyst at I Know First.

Summary

So far China's economy has recovered as well as it possibly could have, but its future is dependent on the global economy
US-China relations are dependent on their phase one trade agreement being upheld
China’s government plans to bring growth to the economy through investments in high-tech infrastructure
China’s economy is reliant on its customers’ ability and desire to continue importing from China

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Premium Articles

LUV Stock Forecast: Cleared to Takeoff But Not Yet to Soar

June 12, 2020

This Southwest Airlines (NYSE: LUV) stock forecast article is written by Hao Liu, Financial Analyst at I Know First.

Summary:

The worst seems to have passed for the airline industry, but it may take at least 3 years before it fully recovers.
Meanwhile the industry will face potential challenges such as price war and heavy debt burdens.
Southwest is likely to lose less than other airlines in this Covid-19 crisis due to its low-cost strategy, domestic service feature and strong fundamentals (especially high solvency).
Both fundamental and technical analysis indicate a moderate BUY/HOLD recommendation for LUV, but investors should be particularly cautious when it comes to airline companies in the following years.