Stock Forecasting Based on Deep Learning: Returns up to 68.54% in 1 Month

Stock Forecasting

This forecast is part of the Top 10 Stocks Package, as one of I Know First’s stock forecasting tools. The full package includes a daily prediction for a total of 20 stocks with bullish and bearish signals, designed for automated trading:

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

Package Name: Top 10 Stocks
Recommended Positions: Long
Forecast Length: 1 Month (11/11/2016 – 12/11/2016)
I Know First Average: 27.81%
Stock Forecasting

For this 1 Month forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from FMCC, at 68.54%. The suggested trades for FNMA and X also had notable 1 Month yields of 64.29% and 46.23%, respectively. The overall average return in this Top 10 Stocks package was 27.81%, providing investors with a 23.56% premium over the S&P 500’s return of 4.25% during the same period.

Federal Home Loan Mortgage Corporation, or Freddie Mac (FMCC), provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.

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.

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