After introducing the algorithm to the stock market world of India only one year ago with 366 assets based in India’s National Stock Exchange (NSE), I Know First has taken a major step forward this year in its coverage of Indian Stocks. Specifically, we have enhanced our coverage of Indian Stocks from the aforementioned 366 initial stocks to the current astonishing number of 2116 assets, a 478% coverage increase. Our coverage has also expanded to include equally-weighted stocks from both the Delhi Stock Exchange (DSE) in New Delhi as well as from the Bombay Stock Exchange (BSE).
I Know First Selected As India FinTech Awards Finalist
After a meticulous selection process from hundreds of companies, I Know First was selected as a shortlist finalist to demo and compete in the India FinTech Awards (IFTA)
. The India FinTech Awards (IFTA) aim to promote innovation and business excellence in the FinTech sector. IFTA is a prestigious recognition in the FinTech sector, with numerous startups competing for the award. Only 20 companies from
As of May 15th, 2018, I Know First finished the implementation and the training period of its AI-based ranking and forecasting model for the main equities listed on the National Stock Exchange (NSE) of India, specifically a selection of 366 equally-weighted stocks. On this date, I Know first published the first Indian stock forecast for the subscribed investors in the local Indian market, as the timing of the data feed and the forecast generation was adjusted to the respective time zone.
According to our forecast evaluation results, the predictions generated returns greatly surpassing that of the benchmark we have utilized, namely, the sample of equally-weighted 366 most liquid stocks from the National Stock Exchange held by I Know First.
For each covered stock the forecasts are generated daily for 6 main time horizons, expressed in calendar days/months/years: 3 days, 7 days, 14 days, 1 month, 3 months and 1 year.
Currently, I Know First’s AI-based forecasting system covers 366 main equities listed on the National Stock Exchange, which we have used as the benchmark below.
AI Added Value to the Investors:
The predictive AI system can be used by investors/traders to make smarter investment decisions by:
Identifying promising opportunities in the Indian stock market Implementing custom
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
