Stock Market Forecast: I Know First S&P 500 & Nasdaq Evaluation Report- Accuracy Up To 88%

Stock Market Forecast Highlights:

  • 88% Hit Ratio for the 3-Month time period of Nasdaq tracking ETF (QQQ) predictions allow our clients to be able to invest their money with significantly less risk
  • 83% Hit Ratio for the 3-Month time horizon of S&P 500 following ETF (SPY) predictions nearly matches the success of impeccable accuracy of the algorithm’s Nasdaq forecasts
  • Predictions consistently above 60% accurate, except for the 3 days predictions for S&P 500 index and its ETF, despite very volatile times in the world economy over the last 9 months
Stock Market Forecast
Stock Market Forecast

Read more

Index Trading With AI: Betting On The Future

I Know First Research Team LogoThis article was written by the I Know First Research Team.

Summary:

  • Index-based derivatives are a lucrative financial tool both for hedgers and speculative traders.
  • AI-driven predictive tools hold a major promise for index traders as they can be used to assess if the target index is set to go up or down.
  • I Know First AI is an efficient solution for those seeking to up their index game with advanced high-tech tools.

premiumRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content here

Stock Market Predictions: I Know First S&P 500 & Nasdaq Evaluation Report- Accuracy Up To 97%

Stock Market Predictions Highlights:

  • 97% Hit Ratio for the 3-Months time period of Nasdaq tracking ETF (QQQ) predictions allow our clients to be able to invest their money with significantly less risk
  • 87% Hit Ratio for the 3-Months time horizon of S&P 500 following ETF (SPY) predictions nearly matches the success of impeccable accuracy of the algorithm’s Nasdaq forecasts
  • Predictions consistently above 60% accurate despite very volatile times in the world economy over the last half-year
stock market predictions

Read more

Stock Market Predictions: I Know First Evaluation Report for S&P 500 Index -July

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the S&P 500 Index with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from the 1st January 2019 to 19th 2019. Below, we present our key takeaways for checking hit ratios of our predictions.

Highlights:

  • 79% Hit Ratio for 14-day time period of S&P 500 predictions allowing our clients to be able to invest their money with significant less risk
  • Predictions consistently above 60% accurate despite very volatile times in the world economy over the last half year

Read the full evaluation report

I Know First Evaluation Report for S&P 500 Index

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the S&P 500 Index with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from the 1st of January 2019 to 19th of June 2019. Below, we present our key takeaways for checking hit ratios of our predictions.

Highlights:

  • 75% Hit Ratio for 14-day time period of S&P 500 predictions allowing our clients to be able to invest their money with significant less risk
  • Predictions consistently above 60% accurate despite very volatile times in the world economy over the last half year

Winning Stock Forecast: Chemours, ArcelorMittal and S&P 500

Chemours Company (CC)


Source: Wikimedia Commons

Over the period from the 8th May to 15th May Chemours (CC) stock price dropped by 18.39% following a strong sell rating provided by the I Know First stock picking algorithm. The Chemours Company operates through three segments: Titanium Technologies, Fluoroproducts and Chemical Solutions.

Chemours’ income results mostly from Titanium Technologies with their biggest product titanium dioxide (TiO2). On the quarter earnings results published on May 3, the company reported a decrease of 35% in Titanium Technologies

Read More

I Know First Live Forecast Evaluation: Based On New Global Volatility Adjusted Approach

Top S&P 500 Stocks

Executive Summary

As of December 2018, I Know First finished a performance evaluation of the live AI-based predictive forecasts for the new S&P 500 stock strategy sent to customers. This evaluation clearly demonstrates the consistent out-performance of I Know First’s forecasts vs the S&P 500 index and previous stock picking methods. This evaluation is part of our continuous studies of live I Know First’s AI predictive algorithm performance.

S&P 500 Highlights:

  • Selecting the S&P 500 stocks with only the top 5 adjusted signal strength provides the highest return consistently beating other filters for each time horizon.
  • There is a clear correlation between the length of the time horizon and the return as the length increases the accuracy and performance of the I Know First algorithm dramatically improves.
  • For the three-month time horizon all signal filters outperform the benchmark with the top 5 signal providing a return of 42% more than the benchmark.

Read The Evaluation Report

Winning World Indices Forecast: ^VIX, ^S&P 500 Perform As Algorithm Predicted

World Indices Package: Notable Performers in the Long and Short Position Amid Volatility

(ShutterStock)

On November 7th 2018, I Know First's top stock predicting algorithm conducted it's 1-Month World Indices Package Forecast. This particular package, which is offered as one of I Know First’s quantitative investment solutions, includes a daily forecast for a total of 20 indices with bullish and bearish signals. This is divided into the top 10 picks for the long position, and top 10 picks for the short position, which are determined by screening our database daily using our advanced algorithm and selecting those with the highest predictability and signal.

The two most noteworthy performers of this particular forecast were ^VIX for the long position, and S&P 500 for the short position.

The package itself, had an overall average return of 11.28%, in the long position, providing a premium of 15.72% over the SP500’s return of -4.44%. With regards to the short position, the package had an overall average return of 5.79%, providing investors with a premium of 10.23% over S&P500’s return of -4.44%.