Daily Stock Market Predictions based on Data Mining: 12.66% in 3 Days

Daily Stock Market Predictions

This stock 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 stock market algorithm daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes daily stock market predictions 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
Recommended Positions: Long
Forecast Length: 3 Days (08/12/16 – 08/15/16)
I Know First Average: 5.91%

Daily Stock Market Predictions

The algorithm predicted the movements of 8 out of 10 stocks this forecast. Both CRC and RTK performed exceptionally well in this forecast returning 12.66% and 12.50% in 3 days. The average return for this package was 5.91% while the S&P 500’s growth was only 0.20% in the same time horizon.

California Resources Corporation (CRC) is exploring and producing oil and natural gas mainly in the state of California. It produces oil, natural gas, and natural gas liquids. As of December 31, 2015, it had net proved reserves of 644 million barrels of oil equivalent.

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.