Three Ways of Using I Know First AI for Finding Top Stock Picks

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

I Know First, Ltd. provides daily investment forecasts based on an advanced self-learning algorithm. Our AI algorithm provides different ways of investing in financial markets. Thus, the algorithm provides recommendations for the most promising stocks for six horizons from 3-days to 1-year, which are sent to our clients by e-mail on a daily basis. The algorithm can also help in the analysis of a current investment portfolio.

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Identifying Opportunities and AI-Powered Stock Picks

Firstly, the algorithm can help to identify the most promising opportunities to buy (go long) or sell (go short). Before the stock market opened on September 7th, 2022, we had sent recommendations to our clients where we had identified the most promising stocks from the S&P 500 stocks package to buy on a 7-day horizon.

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Stock Forecast & S&P 500 Forecast Package for the 7 Days time period. BHC was the top-performing prediction with a return of 20.95%. MKTX and ETSY also performed well for this time horizon with returns of 8.39% and 7.1%, respectively. The package had an overall average return of 6.36%, providing investors with a premium of 5.39% over the S&P 500’s return of 0.97% during the same period.

Also, the algorithm provides recommendations for short positions which are particularly relevant in the period of the bear market. Before the stock market opened on August 19th, 2022, we had sent recommendations to our clients where we had identified the most promising stocks from the Tech stocks package to sell or go short on a 3-day horizon.

10 out of 10 top stock picks from the algorithm decreased as predicted for this 3 Days forecasting period. AVCT saw a monumental price change of 19.1% in just 3 Days. ICLK and RIOT also had excellent performances with returns of 16.48% and 14.25% respectively. The package had an overall average return of 11.04%, providing investors with a premium of 14.66% over the S&P 500’s return of -3.62% during the same period.

Identify the Most Promising Sector

Secondly, the algorithm helps to identify the most lucrative areas by using the sector forecast or the indices forecast to get an insight into the leading sectors.

I Know First AI: Indices forecast

For this 3-Month forecast, the algorithm has successfully predicted the changes in 10 out of 10 indices. The top-performing prediction from this package was ^FVX with a return of 53.84%. ^TNX and ^DBODIXX had notable returns of 44.26% and 29.10%. The package had an overall average return of 20.60%, providing investors with a premium of 30.89% over the S&P 500’s return of -10.29% during the same period.

Moreover, our algorithmic ETFs package identifies the most promising ETFs.

I Know First AI: ETF Forecast

Several predictions in this 1-month forecast saw significant returns. The algorithm had correctly predicted 10 out of 10 ETFs movement. The greatest return came from TQQQ at 50.77%. FAS and SSO had notable returns of 44.13% and 26.25%. The package had an overall average return of 23.79%, providing investors with a premium of 11.21% over the S&P 500’s return of 12.58% during the same period.

Customization of the AI Algorithm

Thirdly, the algorithm is a useful tool for monitoring an existing investment portfolio. I Know First focuses on our clients’ needs and provides a service to train the algorithm based on a specific investment portfolio. You can use our artificial intelligence algorithm services to receive custom forecasts, as well as to analyze your existing portfolio. You can have access to it by sending your existing portfolio to [email protected]. If you are interested in our packages, you can access them here.

I Know First AI
(Source: Iknowfirst.com)

At I Know First, we use computers, mathematics, and self-learning algorithms to pick stocks. Markets move in waves, and our algorithms are designed to detect and predict these waves. Each algorithmic forecast has many inputs from many different sources, with each input affecting the outcome. The output of each stock is an up or down signal, along with its predictability. The use of mathematics and algorithms eliminates a big problem that all of us share, being emotional. The I Know First algorithm is trained on a historical dataset covering 15 years of trading, it can model and predict the price dynamics for more than 13,500 financial instruments for time horizons ranging from 3 to 365 days. Its output is delivered as an easy-to-interpret heatmap with 2 numerical indicators: signal, demonstrating the asset’s performance relative to the other stocks on the forecast, and predictability, which demonstrates how well the algorithm has predicted the asset’s dynamics in its prior forecasts.

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Please note-for trading decisions use the most recent forecast.