In case you have not heard, CONCERT AI has been playing some lovely music while market performance has been in constant discord. The following comparison illustrates net gain since the inception on 10/18/2017 of benchmark AI ETF AIEQ, currently with $134M under management:
SPY (S&P 500): 4.0%
AIEQ (benchmark AI ETF): 3.9%
CONCERT AI (Nova25 variant): 12.5%
…and CONCERT AI is still awaiting launch. Our performance will only crescendo after we are listed on the big board!
The stock selection process utilizes neural networks that were created between 2004 and 2007 for 1000 individual tickers. The model was constrained to meet liquidity requirement of more than 500,000 shares daily trading volume. The networks were allowed to continue to learn from daily market data from 2007 to the present. The plot above represents performance since 10/18/2017 for forward-tested data (not pro-forma), and is therefore a more accurate representation of probable future performance. The system will trade the same equity multiple times if the favorable pattern surfaces on more than one occasion.