I Know First Weekly Review Algorithmic Performance: June 14th, 2021



I Know First
Weekly Newsletter | June 14th, 2021


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Good morning, I Know First universe.
We’re happy to share our best article and stock prediction of the week:
  • Top Trade Ideas – Stock Predictions Based on Genetic Algorithms: Returns up to 302.41% in 14 Days
  • Top Featured Article – SLB Stock Prediction: Perspectives for Investing in the Oil & Gas Industry
10 Hedge Fund Stock Picks Based on AI-Powered Predictive Algorithm + Top S&P 500 Stock Picks For Today

Need To Know First!

  • Medical Stocks Based on Big Data: Returns up to 15.24% in 3 Days
  • Best High Short Interest Stocks Based on Algorithmic Trading: Returns up to 91.27% in 7 Days
  • Stock Predictions Based on Genetic Algorithms: Returns up to 302.41% in 14 Days
  • Best Stocks Under 5 Dollars Based on Pattern Recognition: Returns up to 174.09% in 1 Month
  • Options Forecast Based on Pattern Recognition: Returns up to 431.11% in 3 Months
  • Hedge Fund Stocks Based on Pattern Recognition: Returns up to 5939.12% in 1 Year
  • Align Technology (ALGN) Stock returns up to 105.61% since July 31, 2020, as once normalcy has begun to come back, Invisalign is having a higher demand than ever before.
  • Maxim Integrated (MXIM) Stock returns up to 50.56% since July 23, 2020, as is a largely successful company, generating impressive revenues and continuously improving their already innovative technology.
  • Nvidia (NVDA) Stock returns up to 17.03% since April 23, 2021, as is one of the most profitable companies in the semiconductors industry and shows a steady growth rate.

Weekly Winning Forecasts

3 Days
Low P/B Stocks: 39.63% Return
Hedge Fund Stocks: 39.85% Yield
S&P 500 Stocks: 1.73% Average

 
7 Days
High Short Interest: 91.27%% Yield
Implied Volatility: 110.75% Return
Aggressive Stocks: 15.2% Average

 
14 Days
Implied Volatility: 302.41% Yield
High Short Interest: 90.00% Return
Top 10 Stocks: 7.14% Average
1 Month
Implied Volatility: 378.68% Return
Stocks Under $5: 174.09% Yield
High Short Interest: 28.14% Average

3 Months
Implied Volatility: 68.00% Average
Options Forecast: 431.11% Yield
Retail Stocks: 114.08% Return

1 Year
Low P/B Stocks: 652.62% Average
Hedge Fund Stocks: 5939.12% Yield Aggressive Stocks: 1888.23% Return
☆ Top 10 Stocks to Buy Today: Predicting This Week’s Winning Stocks By Using Deep-Learning + Top Cryptocurrencies ☆

Snippets From Our Top Blog Posts For The Week:

Stay Ahead Of The Curve: AI Weekly

SLB Stock Prediction: Perspectives for Investing in the Oil & Gas Industry

Schlumberger is an oilfield service company that provides technology solutions for reservoir characterization, drilling, production, and processing to the oil and gas industry worldwide. It keeps growing and bringing new technologies that benefit the world’s oil and gas production, and by now, the company has become one of the leading firms within the industry and has been expanding to markets worldwide.

Schlumberger’s international exploration and innovative spirit enabled the company to grow a worldwide presence. Its leading position and continuous growth in the oilfield service industry, therefore, makes it a preferable long-position stock. Given a closer look at the forecasts, SLB also has an extremely strong buy signal on the 1-year time horizon, which also indicates that SLB is a great long-term investment if the oilfield industry is recovering from the pandemic.

Read more.

How to Build a Dynamic ETF Portfolio using Artificial Intelligence

In the following, we present how to construct a high-performing dynamic ETF portfolio based on the algorithmic forecasts generated by our artificial intelligence system which including the costs of bid-ask spreads and commissions.

First, we look at the results of investing long and short in the top 2 sectors selected by our algorithm. We then combined our algorithmic forecast with the benchmark to construct long-only strategies that base themselves on the benchmark while generating alpha by overweighting and underweighting sectors according to the algorithmic signals. This analysis clearly shows that increasing the weight of algorithmic predictions results in a better performing ETF portfolio with:

Read more.


MVIS Stock Forecast: Compelling LiDAR Technology Pushes Target Price to $32

MicroVision, Inc. (NASDAQ: MVIS) is an American-born company that creates and utilizes laser scanning technology for a variety of automotive functions. Its cutting-edge mechanics enable projections, 3D sensing, and image capturing. Perhaps its most popular delivery is its MEMS-based Consumer 3D LiDAR which employs AI-planted hardware to provide users with indoor home automation, augmenting reality, navigation, and more.

MVIS has made highly promising remarks from both the CEO’s speech, as well as their involvement in the promising acceleration of technology. They are taking on ideas of the future and providing results that leverage high growth potential in the future. Thus, I recommend the stock as a buy-and-hold as the price is far lower now than I anticipate it to be in one year due to their goals considering their past achievements. I set the price at $32. Read more.

New Tech For Old Guard: Baby Boomer Investors And AI-Driven Trading

Currently, the world is abuzz with the talk of millennials – the tech-savvy generation of digital natives who were born in the period from 1984 to 1996. Even the timeframes suggest that millennials are potentially diverse enough as a group to include people from 19 to 42 years of age, with all the implied disparity in income and social standing.

Thankfully, however, this confusion does not seem to particularly discourage anyone. Let us take a closer look at this ominous cabal – meet the Baby Boomers.

While we mentioned earlier that Baby Boomer investors may not necessarily be too trusting when it comes to robotic investment advisors, an AI-driven investment decision enhancement tool may in fact be quite beneficial. The Israel-based I Know First company utilizes its propriety AI to deliver daily stock market forecasts, which offers a range of clear benefits to investors looking to protect their egg nest.


Read More.

Stock Market Forecast: I Know First World Indexes and ETF Coverage Update for 2021

I Know First currently generates a daily stock market forecast for over 10,500 assets, covering some 89% of the MSCI All Country World Index, 106 Equity ETFs, and is continuing to expand its coverage. Over the past year following requests from our clients I Know First has expanded its coverage of world indices. As a result, the full list of the world indices asset universe that I Know First cover as part of its daily stock market forecast:

The World Indices Package is one of I Know First’s quantitative investment solutions. The world indices stock market forecast is determined by screening the database daily using the advanced algorithm.

Also, we currently cover a total of 559 equity ETFs and I Know First is continuously adding new ETFs to the system in order to fulfill clients’ needs and improve the algorithm’s predictive power.

I Know First has successfully predicted ETF movements in the past. The algorithm’s performance evaluation report from September 24th, 2020 shows that our AI-powered predictive algorithm’s accuracy reaches 73%. Another example is the algorithm’s March 22th, 2020, the 1-year forecast had successfully predicted 10 out of 10 movements and resulted in returns up to 413.04%.


Read more here and here.
Want to learn more?

Letter from the CEO

Dear Clients,

The army of retail traders credited with squeezing GameStop and AMC short sellers earlier this year have largely pushed bears away from meme-stock names. A report from Barclays shows that the tally of stocks with high short interest – a measure of wagers to the downside – has come down dramatically in mid-January when the GameStop craze began.

The number of companies for which short interest makes up 30% or more of shares outstanding has plummeted from 43 to just 18. Data shows that in dollar terms, short-sellers have shrunk their positions by 80%, from about $25 billion to just $5 billion.

So how well our algorithm performed in this period?

In our Implied Volatility Options package, the AI was able to predict correctly the AMC movement. In other words, our clients were able to take advantage of a 200.67% return in a time span of only 14 days!

The Options package identified GME and AMC as an investment opportunity three months ago. Right now, its yields reached 55.56% and 431.11% respectively. Meanwhile, the S&P 500 recorded a return of only 10.42% in the same timeframe.

Not only that but the AI predictive algorithm issued a bullish forecast for GME a year ago! Yes, before all the craziness surrounding the stock. As you can see here, the one-year Hedge Fund Stocks package had a return up to 5939.12% because of GME.

You can have access to all those packages by clicking here.

For institutional investors only, we have launched the High Short Interest package.

In a 7 days span, the AI algorithm not only predicted correctly all 10 stock movements in the package but also had an average return of 28.88%, way higher than the 0.55% from the S&P 500. The same can be said for the 14 days timeframe, which had a return up top 90.0%! The package’s overall average return was 36.48%, providing investors with a 35.76% premium over the S&P 500’s return of 0.72% during the same period.

The High Short Interest package continues to be effective in longer terms. For a 1-month time horizon, the algorithm correctly predicted returns of 89.39% and 66.01% from WKHS and GTT respectively. At the same time the S&P 500 registered a 1.41% return, the package average had a 27.72% average yield.

If you are an institutional investor and are interested in this package, please contact us here.

Warmest Regards
Yaron Golgher, Co-Founder and CEO


Q&A With I Know First
I Know First’s Daily Market Forecasts And How to Interpret the Numbers

Q. What is the forecast date?
A. The forecast date is the date the algorithm released this set of predictions.

Q. What is the time horizon?
A. The time horizon is the suggested period of time to hold the suggested stocks. When we calculate the forecast performance, we do so from the forecast date through the end of the time horizon.

Q. What is the S&P 500 stock prediction and why do you include it?
A. The S&P 500 is the major US index and is the general indicators for the direction of the US stock market. If the algorithm predicts that the S&P 500 will go up, then it is a good sign that the stock market will generally increase. It helps in decision making. It is generally preferable to go long the Top 10 stocks when the S&P 500 has a positive prediction and to go short the 10 stocks on the bottom of the table when the S&P 500 has a negative prediction.

Q. What is the accuracy (checks and x marks)?
A. If the algorithm correctly predicts the direction of a stock’s movement, a checkmark is placed next to the stock’s return and if the algorithm is incorrect in its prediction, an x mark is placed next to the stock’s return.

Q. What is the return?
A. The return is the percentage movement of each stock multiplied by 1 if the algorithm suggested a long position or multiplied by negative 1 if the algorithm suggested a short position. In other words, if the algorithm correctly predicts the direction of the stock, the return is the positive percentage change of the stock, and if the algorithm incorrectly predicts the direction of the stock, the return is the negative percentage change of the stock. The return is the last end of the day price at the target date of the forecast VS the price when the forecast was sent (the end of the day price of the previous day).
Get Access to the Latest Heatmap + Daily Market Forecasts!

Commodities, Gold & Currencies

Gold Price Forecast:
Returns up to 0.7% in 3 Days

June 13 | Read More

Commodity Outlook:
Returns up to 109.07% in 1 Year

June 13 | Read More

Exchange Rate Forecast:
72.55% Hit Ratio in 1 Month

June 6 | Read More
Gold Price Predictions:
Returns up to 10.62% in 1 Month
June 13 |
Read More

Currency Forecast:
80.77% Hit Ratio in 1 Year
June 3 |
Read More

Commodity Price Forecast:
Returns up to 6.21% in 14 Days
June 13 |
Read More
Find The Latest Top Commodities and Currency Pairs With AI Insight

Weekly Apple Stock Update

This week’s Apple stock news discusses the annual WWDC conference where they announced new updates on products and software for the upcoming year. Possibly, the most eye-catching Apple stock news is the release of the new IOS 15 systems on the iPhone which is expected to bring many new and innovative features. According to Apple Newsroom, one of the most popular video telephone apps, Facetime, will now integrate new characteristics to make it more user-friendly.

Another feature of the Apple IOS is the new Focus Mode that allows users to have the ability to reduce distractions. It has four different modes, Do Not Disturb, Personal Work, and Sleep, to adjust for all different environments. The mode allows you to turn off notifications from apps you do not want to increase productivity. But, even better, it allows you to create a home screen that is customizable to the individual’s unique focus needs to display when set in different modes.

To go further, Apple is prioritizing accessibility by redesigning notifications to appear larger on the screen and adding pictures of contacts, to make the image more accessible. Other additions include Apple’s intelligence features that allow users to interact with the live text through images, it will allow users to interact with the words in an image and look them up on the web, or save a phone number in their contacts.

Apple also introduced new software updates to their MAC, which will allow MAC users to more easily connect with their peers. Similar to the updates on the iPhone, Apple’s computer software update will allow users to interact with other users through an enhanced FaceTime platform, Shareplay which will allow users to collaborate and work together on work tasks.

Read more.
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