Stock Forecasting based on Machine Learning: Up To 29.31% in 14 Days

Stock Forecasting

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Package Name: Basic Industry
Forecast Length: 14 days (01/25/16 – 02/08/16)
I Know First Average: 3.54% (long) 4.31% (short)

Stock Forecasting

The algorithm correctly predicted 6 out of 10 stocks for the long position and 7 out of 10 stocks for the short position forecasted during the predicted 14 days time horizon in the basic industry stocks package forecast from 01/25/2016. The most impressive prediction was for BZH, which offered a return of 29.31% during the predicted time horizon to investors who shorted this stock. The average return from this forecast for investors was 3.54% for long and 4.31% for short, offering a premium to investors over the S&P 500 return of -2.80% during the predicted time horizon.

Beazer Homes USA, Inc. operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes brand name.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.