If you have been reading my posts, you would know that I’m evaluating the accuracy of a new 🔮AI Prediction🤖 program that I’m trying out after it correctly identifying Pfizer as Dec’s Top Gainer🏆 out of the 8 random stocks I compared with🤗🥳 Then I got curious as to whether it can correctly predict indexes & index-based ETFs, & started investigating🕵🏻♀️
➡️ On 9/1, I used 🔮AI Prediction🤖 to analyse the S&P 500 (SPX), SPY, & UPRO for:
⭐️ 13/1 (1 week later)
⭐️ 27/1 (Start of Earnings + Before FOMC meeting), &
⭐️ 3/2 (Major Earnings + After FOMC meeting).
➡️ I had chosen these dates so that I could assess how the 🔮AI Prediction🤖 program responds to different periods of market volatility.
➡️ I also did a sub-analysis for 27/1-3/2 as I wanted to compare the accuracy of predicting 3 weeks ahead 🆚 1 week ahead for the volatile major earnings & Fed rate hike announcement week.
Review Summary Thus Far (👍/👌/👎):
✅ 13/1 🔮AI Prediction🤖 for 1 week👍
✅ 27/1 🔮AI Prediction🤖 for 2 weeks + Start of Earnings Release + Before FOMC meeting👍
✅3/2 🔮AI Prediction🤖 for 2 weeks + Major Earnings Release + After FOMC meeting👌
⭐️⭐️⭐️ Surprisingly😲🤩😍 the 🔮AI was 100% Accurate In Predicting the 🐂-ish Move for the SPX,SPY & UPRO from 3 Weeks Earlier😱🥳
⭐️⭐️ It was less accurate in predicting the actual value but deviations were negligibly small with only a 2% difference when the market isn’t volatile & 4-6% difference when the market is volatile (earnings + Fed announcement) for the SPX & SPY.
❗️As UPRO is a 3X leveraged ETF, deviations were expectedly 3X more with a 6-17% difference.
🏆 For me, knowing the direction of the movement is already a BIG Plus🤗🤗 as it can help me to decide whether to buy or sell a certain stock in advance👍👍👍
🏆🏆 Moreover, a 4-6% deviation in the correct market direction for SPX & SPY during volatile conditions is unexpectedly👍 It won’t bother me since I’ll be making more 💵💵💵 in this instance. However, we won’t know if next month the 🔮AI Prediction🤖 would predict the wrong direction so I’ll like to do 1 more month of accuracy review🔍🔍🔍
For 🐯🐯🐯 who like to scrutinise data like me😅🤣 here are the details of my review on whether 🔮AI Prediction🤖 can be trusted for the S&P500 & its index-based ETFs😉 let’s dive into it🔍
Another 👍 feature of this 🔮AI Prediction🤖 program is that it adjusts & updates its weekly prediction with the recent market movements, so I did a comparison of the prediction for 3/2 based on 9/1 (3 weeks earlier) 🆚 27/1 (1 week earlier). I had wanted to find out if the 1 week prediction would be more accurate during an extremely volatile period (Major Earnings Release + After FOMC meeting).
➡️ I know it sounds DUH🤦🏻♀️ but I’m particular about these 🔮AI posts & want to be sure that I’m giving my fellow 🐯🐯🐯 my due diligence research😅
⭐️🏆⭐️ The 🔮AI was Not Only 100% Accurate In Predicting the 🐂-ish Move for SPX & SPY for 3/2, the deviations from the actual value were significantly reduced from 5% to 1% for SPX & from 6% to 2% for SPY🤩😍
❗️For UPRO, although the 🔮AI incorrectly predicted the direction of movement, the predicted price (based on 1 week earlier) was closer to the actual price, & the deviation from the actual price was reduced from 17% (based on prediction from 3 weeks earlier) to 6% (based on prediction from 1 week earlier). This means it's less risky to use this 🔮AI Prediction🤖 program for SPX & SPY than for UPRO since it has less accuracy for 3X leveraged ETF.
Fellow 🐯🐯🐯 do keep a lookout👀 for my next 🔮AI Prediction🤖 post as I’ll be sharing the SPX, SPY, & UPRO predictions For Feb 10, 17, & 24❣️Follow me if you enjoy reading my analytical stock research🔍 presented in a fun & easily understandable way & for more 🔮AI Prediction posts😉
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As usual-🤔💭 Consider POV & Actions of investors + 👩🏻💻👨🏻💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰
$S&P 500(.SPX)$@TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion
Comments
AI is scary!