Daily Market Forecast Based on Stock Prediction Algorithm: Returns up to 80.17% in 1 Year

Daily Market Forecast

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

  • 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 Year (04/12/2016 – 04/12/2017)
I Know First Average: 33.67%
Daily Market Forecast

During the 1 Year forecasted period several picks in the Top 10 Stocks Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was VALE, at 80.17%. Further notable returns came from ENLK and GGB at 62.52% and 51.74%, respectively. The Top 10 Stocks package had an overall average return of 33.67%, providing investors with a premium of 18.83% over the S&P 500’s return of 14.84%.

Vale S.A., together with its subsidiaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet.

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

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