Coronavirus Stock Market Forecast Based on Deep-Learning: Returns up to 10.88% in 14 Days

Coronavirus Stock Market Forecast

This Coronavirus Stock Market Forecast identifies the most affected stocks in negative way while also highlighting the opportunities arising in the stock market during these extraordinary market situation. The package covers the assets that may be affected by the coronavirus with the biggest financial exposures and it includes assets such as gold and relevant commodities, biotech companies’ stocks, pharmaceutical companies’ stocks, semiconductors and technological sectors stocks and more.

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

Package Name: Coronavirus Stock Market Forecast
Recommended Positions: Long
Forecast Length: 14 Days (10/6/2020 – 10/20/2020)
I Know First Average: 3.5%
Coronavirus Stock Market Forecast
Coronavirus Stock Market Forecast chart

For this 14 Days forecast the algorithm had successfully predicted 8 out of 10 movements. The top performing prediction from this package was FDX with a return of 10.88%. BTC/EUR and TWLO saw outstanding returns of 10.47% and 9.32%. The package itself saw an overall return of 3.5%, providing investors with a 2.49% premium above the S&P 500’s return of 1.01% for the same time period.

FedEx Corporation (FDX) provides transportation, e-commerce, and business services in the United States and internationally. The company’s FedEx Express segment provides various shipping services for the delivery of packages and freight; international trade services specializing in customs brokerage, and ocean and air freight forwarding services; assistance with the customs-trade partnership against terrorism program; and customs clearance services, as well as an information tool that allows customers to track and manage imports. This segment also publishes customs duty and tax information; and offers critical inventory logistics, transportation management, and temperature-controlled transportation services, as well as international express transportation, small-package ground delivery, and freight transportation services. Its FedEx Ground segment provides business and residential money-back guaranteed ground package delivery services; and consolidates and delivers low-weight and less time-sensitive business-to-consumer packages, as well as offers third-party logistics services. The company’s FedEx Freight segment offers less-than-truckload freight, and freight-shipping services. As of May 31, 2016, this segment operated approximately 65,000 vehicles and trailers from a network of approximately 370 service centers. Its FedEx Services segment provides sale, marketing, information technology, communication, customer, technical support, billing and collection, and other back-office support services; FedEx Mobile, a suite of solutions to track packages, create shipping labels, view account-specific rate quotes, and access drop-off location information; access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and ground shipping and time-definite express shipping services; and packing services, supplies, and boxes. The company was founded in 1971 and is based in Memphis, Tennessee.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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