The purpose of this report is to present the results of live forecast performance evaluation for I Know First AI Algorithm, specifically for Singaporean stock market. 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 January 1st,2018 to November 30th, 2018. The corresponding returns distribution of stock filters (stocks subsets) for both Singaporean stock market universe and the main findings are below:
Singaporean Stock Market Universe Highlights:
Signal indicator filter applied to Top 30 stocks by predictability provides the highest return of 2.30% for a 3-months’ investment horizon at Top 5 signals level
There is a clear increasing trend for returns’ improvement with the time horizon increase
Top 5 stocks by signal significantly out-perform the benchmark, in every time-horizon
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 general overview of the forecasting capabilities of the algorithm for specific stock universe.
The purpose of this report is to present the results of live forecast performance evaluation for I Know First AI Algorithm, specifically for Singaporean stock market. 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 January 3rd,2018 to September 30th, 2018. The corresponding returns distribution of stock filters (stocks subsets) for both Singaporean stock market universe and the main findings are below:
Singaporean Stock Market Universe Highlights:
Signal indicator filter applied to Top 30 most predictable stocks provides the highest return of 4.66% for Top 5 stocks on 3-months’ investment horizon
There is a clear increasing trend for returns improvement with the time horizon increase – the delta in returns from 1 month to 3 months is more than 350% for Top 5 stocks
Top 5 stocks significantly out-perform the benchmark by over 210%
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 general overview of the forecasting capabilities of the algorithm for specific stock universe.
In this live forecast evaluation report we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the Singaporean stock universe and sent to our customers on a daily basis. Our analysis covers time period from January 3, 2018 to August 24, 2018.We will start with an introduction to our stock picking and benchmarking methods and then apply it to the Singaporean stock universe.
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.
