I Know First Evaluation Report For World Indices Asset Universe

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for assets from World Indices asset universe provided as part of the Indexes World Package, which is sent to our customers on a daily basis. Our analysis covers the time period from 1 January 2019 to 30 June 2019. We will start with an introduction to our asset picking and benchmarking methods and then apply it to the world indices asset universe of all of the indices covered by us in the Indexes World Package. We will then compare returns based on our algorithm with the benchmark performance over the same period. Below, we present our key takeaways from applying signal and volatility filters to pick the best performing world indices:

World Indices Highlights:

  • Top 5 signals had better returns in all time horizons than the S&P 500. The best return came from the forecast of a 3 month time horizon which produced a return of 8.3% which outperformed the benchmark by 2.08%.
  • Top 10 signals had better returns in all time horizons than the S&P 500. The best return came from the forecast of the 1 month time horizon which produced a return of 4.07% which outperformed the benchmark by 1.92%.

Note that the above results were obtained as a result of evaluation conducted over the specific time period and using a sample approach of consecutive filtering by predictability and by signal indicators to give a general presentation of the forecast performance patterns for assets in the Indexes World package. The following report provides extensive explanation on our methodology and detailed analysis of the performance metrics that we obtained during the evaluation. This report is a new I Know First evaluation series illustrating the ability to provide successful short term and flexible forecasting for the World indices asset market.

Read the full report

I Know First Review: December 15th

The stocks selected here are the top performing aggressive stocks from I Know First: Daily Market Forecast’s December 8th, 2014 stock forecast titled Indices Forecast Based On Algorithms: Up To 21.36% (Long) & 42.58% (Short) Return In 1 Year. This forecast is part of the "World Indices" package, as one of I Know First's quantitative investment solutions. The "I Know First Average" return was 10.56% for the long position and  2.39%for the short position.

indices forecast based on algorithms

Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies