Stock Forecasting Based On a Predictive Algorithm: Up To 58.51% In One Month

Stock Forecasting

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stocks and conservative 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
Forecast Length: one month (01/31/2016 – 03/01/2016)
I Know First Average: 8.10%

Stock Forecasting

I Know First’s algorithm correctly predicted 7 out of the 10 stocks. OTIV was the best pick with a noteworthy 58.51% return. The  other top-performing were INVE and AMSC with 13.16% and 9.09% return. The average  was 8.10%  outperforming the S&P500 of 1.96%.

Pioneer Energy Services Corp. (PES), provides land contract drilling and production services to oil and gas exploration and production companies. PES’s production services include well servicing, wireline and coiled tubing services are among. PES operates in 35 top performing drilling rigs throughout onshore oil and gas producing regions of the United States and Colombia.

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

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