Daily Market Forecast Based on Algorithmic Trading: Returns up to 36.36% in 7 Days

Daily Market Forecast

Best Japan Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

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

Package Name: By Country – Japan Stocks
Recommended Positions: Long
Forecast Length: 7 Days (10/16/2018 – 10/23/2018)
I Know First Average: 3.13%
Daily Market Forecast

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 6 out 10 stock movements. 4582.T was the top performing prediction with a return of 36.36%. 6289.T and 7532.T saw outstanding returns of 6.91% and 3.06%. With these notable trade returns, the package itself registered an average return of 3.13% compared to the S&P 500’s return of -0.37% for the same period.

SymBio Pharmaceuticals Limited is a Japan-based pharmaceutical company. Along with medicine specialists, contract research organizations (CROs) and other pharmaceutical companies, the Company is engaged in the design and operation of clinical tests, the manufacture and sale of new drugs specializing in three therapeutic areas: cancer, blood diseases and autoimmune diseases. The Company develops new medicines using chemical compounds proofed by preclinical tests and clinical tests. The Company manufactures and sells medicines through domestic and foreign pharmaceutical companies. The Company’s pipelines include anticancer drugs, such as SyB L-0501, SyB L-1101 and SyB C-1101.

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.