26 Dec AI Stock Market Forecast
AI Stock Market Forecasting
Will you be getting your investment guidance from an artificial intelligence solution in 2020?
Algorithmic trading has been around for a decade or more. Perhaps in 2020, it’s arrived as a reliable stock market prediction service?
We knew AI software would inevitably enter the stock market and its machine learning capacities are undoubtedly helping investment firms foresee trends. But are the AI systems in use right now valid?
You may want to check out a new Artificial Intelligence prediction service called I Know First.
I Know First Stock Market Prediction Service
I Know First’s algorithm is based on artificial intelligence, machine learning and incorporates elements of artificial neural networks as well as genetic algorithms to model and predict the flow of money between markets. It monitors more than 10,000 assets on 6 time horizons spanning from 3-days to a year including stocks, ETF’s, world indices, gold, currencies, interest rates, and commodities.
I Know First says, during 2019, its ETF tracking of the S&P 500 was 87% accurate of the time for the 3-month prediction time horizon. They claim they can predict the 3-day time horizon at 65%, 7-day time horizon at 69%, and 14-day time horizon at 79%.
|Time Horizon||3 days||1 week||2 weeks||1 month||3 months|
|SandP 500 (^GSPC)||60%||68%||78%||73%||77%|
I Know First’s system seems to be able to ignore stock price volatility to identify underying trends in historical data. The stock market is a good testing ground for AI given how much historical data is available and how much it’s been studied.
In an era of Trump vs Democrat media battles, frequent propaganda releases, trade war events, and computer based trading, the AI system would certainly have to comb out a lot of distraction.
I Know First says its AI system was able to keep the accuracy of the predictions above 60% on all time horizons from 3 days to 3 months.
How Does This AI Stock Market Prediction Work?
Well, it’s very complicated. But here’s how I Know First describes it:
The I Know First Market Prediction System models and predicts the flow of money between the markets. It separates the predictable information from any “random noise”. It then creates a model that projects the future trajectory of the given market in the multidimensional space of other markets.
The system outputs the predicted trend as a number, positive or negative, along with the wave chart that predicts how the waves will overlap the trend. This helps the trader decide which direction to trade, at what point to enter the trade, and when to exit.
The model is 100% empirical, meaning it is based on historical data and not on any human derived assumptions. The human factor is only involved in building the mathematical framework and initially presenting to the system the “starting set” of inputs and outputs.
From that point onward, the computer algorithms take over, constantly proposing “theories”, testing them on years of market data, then validating them on the most recent data, which prevents over-fitting. If an input does not improve the model, it is “rejected” and another input can be substituted.
Who Needs Their Stock Market Forecasts?
The company caters to banks, asset management companies, financial advisors, wealth management firms, hedge fund managers, and online brokerages/trading platforms. At this time, I can’t vouch for I Know First’s predictive success as reported by users. But then if it did produce excellent stock market forecasts, users would want to keep that quiet.
I Know First Disclaimer: 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.
I Know First offers newsletters, reports, and daily stock picks. Leveraging the knowledge and insights of an AI software system might give you a boost in earnings. Visit and Iknowfirst.com and check it out.
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