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Stock Market Forecast Based on AI-Based Algorithm
- April 02, 2017 -
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Top Algorithmic Successes
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3. Over 20% Return in 7 Days
Energy Stocks, Pharma Stocks Forecast, and Stocks Under $5 all had high yeilds in a 7 day timeframe. In the Energy Stocks forecast had an average return of 6.64, greater than the S&P 500 return of 0.73% over the same time period. The top performing stocks from this forecast were PLUG and JASO. They had outstanding returns of 24.79 and 21.56, which is even more impressive considering it was in just 7 days.
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4. Nearly 60% Yield in 2 Weeks
Insiders Stocks, Medicine Stocks Forecast, and the Healthcare Stocks Forecast registered double digit growth given its timespan of 2 weeks. The Insiders Stocks saw 6 of the 10 stocks increase over a two-week time period. The average return was 9.18, outperforming the S&P500 return of -0.18%. The top performer was NKTR with a return of 57.83%. In the Medicine Stocks, I Know First attained an 5.80% average return, while the S&P return was only at -0.63. 7 of the 10 stocks increased as the algorithm predicted, with XOMA (26.74%) and ICAD (16.98%) doing particularly well.
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5. Biotech Stocks Surging in the Past Month
The Biotech Stocks, Stocks Under $5 and Healthcare Stocks Forecast each had stock picks with notable returns in a 1-month time horizon. In the BioTech Stocks forecast, the package had an average return of 12.54%, 13.63 percentage points greater than the S&P 500 return of -1.09%. PPHM and IMGN had remarkable returns of 42.51% and 37.27%.
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6. Surpassing 200% Return in 3 Months
The best performing stock forecast for the 3-Month time horizon was By Country - Israeli Stocks, followed by the Fundamentals Stock Forecast and the Tech Stocks Forecast. The Israeli Stocks forecast had an average return for the 10 stocks included in the forecast was 35.52%, 29.99 percentage points greater than the S&P 500 return of 5.53%. PLX was the top performing stock with a remarkable return of 202.22%. PERI also had an incredible return of 25.35%. |
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AI-based Systematic Trading Strategies (S&P 500 Stocks) – Suitable For Mutual Funds And Other Investment Vehicles
As a continuation of our back-test report series, previously focused on daily trading, recent developments on the utilization of I Know First’s AI-based forecasting signals for less frequent systematic trading are presented in this article. These are highly performing and scalable strategies, average holding period of 4.5 to 30 days, that are suitable for mutual fund products and other investment vehicles.
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Article Highlights
Despite Tesla’s high debt and time consuming car delivery, Tesla’s projected release of the Model 3 is luring investors to speculate the stock to increase. The Model 3 vehicle is addressing a key opportunity by offering a more affordable electric car to the mass market. Since the forecast’s release on September 25, 2016, the stock has increased by 34.15%.
AMD continues to increase in value. Last year, not many would have foreseen the stock to rally at such a pace. As virtual reality increases in popularity, so will AMD supplying APU units. On October 17, 2016 I Know First wrote a bullish article on the company. Since the forecast, the stock has increased by 115.56%.
Earlier last year, Amazon began offering a standalone subscription service for video on demand. Although offered as part of bundle package named, Amazon Prime, Amazon is aggressively competing Netflix and Hulu for market share. Since April 15, 2016, the stock has increased by 42.88%.
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Algorithmic Performance Review & Articles
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Following the development of Dr. Lipa Roitman's understanding of relying on the 5-day simple moving average as a secondary trigger for entry and exit, the I Know First R&D team has developed a complementary model to support his thesis. We tested the model from July 1st 2014 to June 30th 2015, a period of one year.
Using the strategy stock investors made a return of 34%. The strategies annual deviation was 18.17% which results in a Sharpe ratio of 1.77.
Similarly the strategy Interest Rate investors made a return of 40.11%. The strategies annual deviation was 20.33% which results in a Sharpe ratio of 1.87.
With currencies we filter our to G10 pairs and apply a 10x leverage. Here the strategy worked particularly well resulting in a total return of 504%, annual standard deviation of 36.73% and Sharpe ratio of 13.46.
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Commodities| Gold | Currencies
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Copyright © 2017 I Know First: Daily Market Forecast All rights reserved.
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