Hi everyone.
It’s been a few months since we started running our AI system and in this blog we’ll summarize our stock pick performance for month June and July. From March until May, we did a dry run on AIRESCAN and we started sending tips to our subscribers in June.
How does our AI work?
So basically our AI pick stocks daily and our system ensures that profits are taken on the same day. If for whatever reason our picks stays in the market, our system may adjust the TP so that it can exit the next day. Sometimes you may see changes in the EP. As advertised, for subscribers following our stocks, they get updated with real-time changes from our system, depending on the market conditions.
How do we evaluate our AI performance?
Profit or loss – Number of stocks that profited during the market session. Or the number of stocks that hit our stop loss.
Direction – Although we don’t count the stocks towards our monthly performance, we do take note whether the stocks we picked were in the right direction (PNDJ) or the wrong direction (PND), where in both cases the stocks did not enter the market.
Withdrawn stocks – Stocks that were withdrawn by our system due to gap in opening prices were also recorded.
Overall Portfolio Gains
Our overall performance is shown in the table below:
Win rate = the percentage of profit over the stocks traded in the particular month
Return = total actual profit gained
Cumulative returns = accumulated profit from March 2022
Against major market indices
June*
S&P Index : -8.25%
NASDAQ : -8.65%
DOW : -6.56%
*Source: https://www.cashdollarandassociates.com/p/june-market-report
July*
S&P Index : 9.11%
NASDAQ : 12.4%
DOW : 6.73%
*Source: https://www.spglobal.com/spdji/en/commentary/article/us-equities-market-attributes/
Despite the market entering bear territory levels in June, our June portfolio remain steady with a 3.03% return, beating the market average by more than 100%. With the market recovering in July and posting its best month in 2022, our gains also increased by 4.78% and our AI system recorded a win rate of 83.3%.
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