12 minute introduction to understanding consensus earnings estimates. Their use in valuation models. How they represent a generalisation of the underlying economy. Why the stockmarket may not represent the consensus earnings view. Effect of COVID-19 (coronavirus) on earnings expectations. How they can provide a guide for managing operating business’.
Category Archives: Artifical Intelligence
Year 2019 in review
Kings portfolio tear sheet October 2019
A.I. Stock-Picking October Gross Realised Results: 0.83%
Jan17- Oct19 net cumulative return 39% & sharp ratio 1.03 against it’s ACWI universe 35% & 0.81. Trade, FX, Ticker, Holding Period, Position Return, Portfolio Contribution Short, CAD, CPG, 16Jul-10Oct, -18.20%, -0.20% Short, GBP, DRX, 16Jul-10Oct, 4.40%, 0.04% Short, GBP, INTU, 16Jul-10Oct, 52.40%, 0.53% Short, GBP, TED, 16Jul-10Oct, 41.75%, 0.46% Immediate transparency, 3 day full …
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Our A.I.’s Stock-Picking September Realised Results
Trade, FX, Ticker, Dates, P&L, Contribution Short, EUR, APAM, Jun27-Sep24, 6.29%, 0.21% Short, EUR, VAS, Jun27-Sep24, 17.89, 0.46% Long, HKD, 3968, Jun27-Sep24, -9.16%, -0.07% Long, HKD, 688, Jun27-Sep24, -13.32%, -0.24% Long, USD, EBR, Jun27-Sep24, 11.21%, 0.09% Long, USD, LKOD, Mar22-Sep24, -6.32%, -0.04% Gross Month Realised Return: 0.41% Net cumulative return 36% (Jan17-Sep19) and Sharp Ratio …
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STOCK MARKET THEMATIC ROTATION AND OVERCOMING BAD LUCK.
Between Wednesday 28th August and Wednesday 11th September (the last 10 bars in the charts below) the S&P 500 Index had a mild recovery to near record highs on light volume. However over the same period the DJ US Thematic Market Neutral Momentum index fell steeply, in it’s most violent move ever. Whilst the DJ …
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Our A.I.’s Stock-Picking August Realised Results
The A.I. assesses Econometric, Fundamental, Qualitative, Quantitative, Technical and Traditional data and, sentiment from documentation and news flow. Trade, FX, Ticker, Dates, P&L, Contribution Long, USD, AMZN, May28-Aug9, -1.18%, -0.03% Long, USD, ESNT, May28-Aug9, -2.1%, -0.02% Long, USD, LRCX, May28-Aug9, 8.73%, 0.09% Short, USD, MAC, May28-Aug9, 23.57% 0.69% Total Month Realised Return: 0.73% Net cumulative …
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How AI will help you live forever then eat your lunch.
First Published In FOTT Family Office Magazine Beijing – June 2019 The Turing machine that broke the enigma code during WWII was the birth of Artificial Intelligence (AI). However since then, the adoption of AI has mainly been confined to the manufacturing, transportation and distribution sectors; with the rise of robots that build Japanese cars …
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