Stock Market Predictions: Up to 25.58% in 7 Days

 Stock Market Predictions

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 7 Days (8/26/2015 – 9/2/2015)
I Know First Average: 10.20%

Get the “Risk-Conscious” Package.

 Stock Market Predictions

I Know First’s 7-day forecast from the Risk-Conscious package had 9 out of the 10 stocks increase in accordance with the algorithm’s prediction. GGB performed extremely well, returning 25.58% during the time horizon as the algorithm indicated. Likewise, CHK and SHLD were also included in the top 10 picks of the Agressive Stocks forecast and had strong returns of 17.45% and 12.75% over 7 days. The average return of 10.20% during the forecasted time horizon outperforming the S&P 500 return of 4.35% during the same time.

Gerdau SA (GGB), headquartered in Porto Alegre, the capital and largest city in the Brazilian state of Rio Grande do Sul, is the largest producer of long steel in the Americas guatemala, India, Mexico, Peru, Spain, United States, Uruguay and Venezuela. It also holds a 40% stake in the Spanish company Sidenor. Currently, Gerdau has an installed capacity of 26 million metric tons of steel per year and offers steel for the civil construction, automobile, industrial, agricultural and various sectors. Basic materials stocks advanced broadly on Wall Street on last Thursday morning, with the sector seeing an overall increase of 2.6%. GGB increased in that day roughly 8%.

Algorithmic traders utilise 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.

How to interpret this diagram

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