S&P 500 Forecast: Evaluating the Stock Market Predictions Hit Ratio for Long Term Model and Short Term Model
In this forecast evaluation report, we examine the performance of the S&P 500 forecast generated by the I Know First AI Algorithms for the long term model and short term model. Our analysis covers the time period from January 1st, 2019 to October 9th, 2019. Below, we present our key takeaways for checking hit ratios of our stock market predictions.
Evaluation S&P 500 Forecast Highlights
- 77% Hit ratio for 3 months’ time period of S&P 500 predictions allowing our clients to be able to invest their money with significant less risk.
- Short term model more accurate than long term model for the 3 days predictions.
- 69% Hit ratio for 4 days’ time period of S&P 500 predictions for the short term model.
