Tuesday, September 6, 2011

FORECAST QUALITY: Stocks Actual Performance versus Forecast

FORECAST QUALITY is checked by comparison between - Stocks Actual Performance versus Forecast
I checked I KNOW FIRST system Forecast from June 19 for 30 days,
and actual stocks  performance at July 19 ( see link below)
IKF system  forecast was accurate  in 18 out of 22 recommendations                                           
The system is a predictive Algorithm that is based on artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms.
I Know First Market Prediction System models and predicts the flow of money between the markets. It separates the predictable part from stochastic (random) noise. Then, it 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 to decide which direction to trade, at what point to enter the trade, and when to exit.

Liken it to weather forecasting. It's never perfect, but they do  much better than random guessing.

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