ADBE Stock Predictions: I Know First Stock Forecasts Evaluation Report

Adobe Stock Predictions Executive Summary

In this forecast evaluation report, we examine the performance of the stock market predictions generated by the I Know First AI Algorithm for ADBE stock with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from 1 January 2019 to 13 August 2019. Below, we present our key takeaways for checking hit ratios of our ADBE predictions in the stock market.

Highlights:

  • 86% Hit Ratio for 3-months time period for ADBE predictions allowing our clients to be able to invest their money with significant less risk
  • Predictions consistently hit above 52% accuracy despite volatile market conditions

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I Know First Evaluation Report For The Tech Giants Stocks Package

Executive Summary

The purpose of this report is to present the results of live forecast performance evaluation for I Know First AI Algorithm, specifically for Tech Giants Stocks. The following results were observed when signal and predictability filters were applied in order to pick the best performing stocks out of the most predictable ones. The period under evaluation is from 1st January 2019 to 21st July 2019. The corresponding returns distribution of stock filters for Tech Giants stock universe are below:

Figure 1: Average Returns Per Time Horizon

Tech Giants Stock Package Highlights:

  • The highest return of 3.00% came from stocks with Top 10 Signals on 1-month investment horizon
  • There is a clear increasing trend for returns improvement with the time horizon increase for both Top 10 and Top 5 stocks
  • Top 10 stocks consistently out-perform the benchmark

The above results were obtained based on forecasts’ evaluation over the specific time period using  consecutive filtering approach – by predictability, then by signal, to give an overview of the forecasting capabilities of the algorithm for specific stock universe.

Microsoft Stock Forecast: Why On-Premise Office 2019 Is Still Important For Microsoft

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • I will upgrade my Office 2016 to the new 2019 version once Microsoft launches the home version. Office 2019 is currently only available for business users.
  • There are hundreds of millions like me who prefer the offline version of Microsoft’s productivity suite.
  • Microsoft will keep on updating its on premise Office suite because Office 365 is not going to reach 300 million active users anytime soon.
  • As of October 2018, there are only more than 135 million active commercial users of Office 365. This is in spite of its platform-agnostic design.
  • Businesses and ordinary Office users who do not rely too much on online collaboration will find it smarter to just a perpetual license for Office 2019.
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Nvidia Stock Prediction: Buy Nvidia – Growing Gaming Revenue Can Easily Offset Cryptocurrency-Mining’s Decline

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Nvidia’s dropped almost 17% during the after-hours trading after its earnings report on November 15. This was mainly attributed to the demise of crypto-mining boom.
  • Nvidia’s Q3 non-GAAP EPS is $1.84, beats by $0.13. GAAP EPS was $1.97, beats by $0.26. Unfortunately, Nvidia’s Q3 revenue of $3.18 billion missed estimates by $60 million.
  • Q3’s GPU revenue from OEM was weaker than expected due to the absence of demand from crypto-currency mining. However, Gaming segment’s revenue of $1.3 billion was still up by 13% Y/Y.
  • My takeaway is that Nvidia is still worth betting on. The continuing growth in gaming revenue can make up for the lack of demand from crypto-currency mining.
  • AMD is still unable to reduce the more than 63% market share of Nvidia on discrete graphics processors. The best-selling computer graphics cards at Amazon are all using Nvidia GPU.
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Google Stock Forecast: Increasing Number Of Gmail Users Is A Tailwind For Google

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

  • Alphabet recently announced that its freemium email service, Gmail touts more than 1.5 billion users. This is 50% higher than 2015’s 1 billion monthly active users.
  • There were 3.7 billion email users worldwide last year. Alphabet’s Gmail has 40.5 share of this massive advertising/marketing audience.
  • Majority of Gmail users are likely not paying the $5 or $10 month fee of Gmail’s premium versions. However, Google still monetizes by delivering targeted ads to free users of Gmail.
  • Email marketing is still the top lead generation channel for marketers. Email returns more than 4x the ROI of paid search and social media.
  • Growing number of Gmail users can help Alphabet sustain its average 20% annual revenue growth rate.

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3D Stock Forecast (NASDAQ: DDD): 3D Systems Can Breach $30

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Summary:

  • The stock price of 3D Systems has more than doubled since my last buy rating for it last February 23. I still endorse this stock as a buy.
  • My fearless forecast is that DDD can hit $30 within the next 12 months. Additive manufacturing’s gradual shift from prototyping to production applications is a long-term tailwind for 3D Systems.
  • The 2018 Wohlers Report revealed that the 3D printing industry grew 21% to $7.3 billion in 2017. Sales of 3D-printed parts from independent service bureaus contributed $2.995 billion.
  • I Know First’s AI still gives DDD a bullish one-year algorithmic market trend forecast.

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Winning AZPN Stock Forecast: Solid Long-Term Success as APM Business Took off

Winning AZPN Stock Forecast

“Real-time asset connectivity and system-level views of asset performance data are critical for making informed business decisions and add further value to the asset optimization solutions we offer customers today.”— John Hague, Senior Vice President and General Manager, AspenTech APM.

Aspen Technology, Inc. (Nasdaq: AZPN) provides asset optimization solution software and services in the United States, Europe, and internationally. It operates through two segments, Subscription and Software, and Services. The solutions are designed to optimize assets across the design, operations and maintenance lifecycle for various capital-intensive industries.

(Source: Wikimedia)

Aspen Technology has seen a steady and rapid growth from the beginning of 2016. The stock price rose 212.54% up to $97.70 until July 13, 2018. The continuous long-term growth is driven by the company’s good fundamentals and operating results, with an emphasis on its substantial growth and expansion of its Asset Performance Management (APM) segment. Aspen introduced its new product suite APM that helps to address business problems including process disruptions, low asset availability and unexpected downtime in November 2016. As an extension of its original engineering (ENG) and manufacturing & supply chain (MSC) product portfolio, the new segment thrives to optimize customers’ assets throughout their entire lifecycle.

Exhibit: Solution Portfolio

(Source: Investor Presentation)

There has been significant growth in this sector since its launch. The entire APM pipelines has grown to represent 32% of their total pipeline within the last two years. As more expenditures and efforts are spent to improve APM capabilities, educate customers of the usefulness of their products and better price and package the software, great potential market and opportunities are still expected in the foreseeable future.

In addition, the successful operating results also benefit from the solid demand for the company’s all three pipelines, ENG, MSC and APM. Aspen continuously saw growing demand trend from its good performance from owner-operator customers. For engineering & construction customers, there are also signs of an improving demand environment especially in Europe and Asia.

(Source: businesswire.com)

I Know First algorithm  bullish one-year forecast for AZPN

On July 12, 2017, I Know First algorithm issued a bullish one-year forecast for AZPN to July 12, 2018.

This winning AZPN stock forecast illustrated a signal of 278.90 and a predictability of 0.74.  In accordance with this bullish forecast, AZPN stock returned 73.21% over this time horizon, highlighting the accuracy of I Know First’s prediction.

Current I Know First subscribers received this bullish AZPN forecast onJuly 12, 2017.

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