Top Stocks Based On Big Data: Up To 75.11% Return In 7 Days

Top Stocks

Stock Market Forecast: 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 riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

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

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 7 Days  (04/22/2016- 04/29/2016)
I Know First Average: 11.46%

Get the “Risk-Conscious” Package.

Top Stocks

DRYS was the top performer from the package with an outstanding return of 75.11%. Other great performing stocks from the package for 7 Days were BOOM and AMSC with returns of 15.21% and 14.88%. The average return for the package was an amazing 11.46% against the loss of the S&P500 -1.76% during the same 7 Days.

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.

How to interpret this diagram:

Algorithmic Stock Forecast: The table on the left is the stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. The top ten stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant tickers have been included. A green box represents a positive forecast while a red represents a negative forecast. The boxes are then arranged according to their respective signal and predictability values (see below for detailed definitions).

Forecast Performance: The table on the right compares the actual stock performance with I Know First’s prediction. The column titled “Forecast” shows which direction the algorithm predicted, and the column “% Change” shows the actual stock performance over the indicated time period. The “Accuracy” column shows a “√” if the algorithm correctly predicted the direction of the stock or an “x” if the forecast was incorrect. The I Know First Average is the equal-weights average percent change of the stocks listed below, and the S&P 500 may be included for reference if relevant.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

The Algorithm: The system is a predictive algorithm that is based on Artificial Intelligence (AI), Machine Learning (ML), and incorporating elements of Artificial Neural Networks and Genetic Algorithms. The system’s predictive analytics are self-updating and thus live. The algorithm is a powerful resource for any investor conducting black-box trading or algotrading. 

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