CONCERT AI represents a forward-tested (not pro forma) application of the CONCERT Artificial Intelligence methodology. The plot below illustrates the significant return as compared with the S&P 500 (SPY) for January 2007 through first quarter 2018.
- CONCERT AI Liquid Compound Annual Growth Rate (2007 - 2017): 26.81%
- SPY Compound Annual Growth Rate (2007 - 2017): 5.89%
- Performance data does not include dividends or slippage
- Performance data does include estimated transaction cost
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 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.