Indexes Analysis Based on Big Data: Returns up to 27.86% in 3 Days

Indexes Analysis

This stock market forecast is part of the World Indices Package, as one of I Know First’s quantitative investment solutions. We determine our world indices forecast by screening our database daily using our advanced algorithm. The full World Indices Package includes a daily forecast for a total of 20 indices with bullish and bearish signals:

  • Top 10 World Indices for the long position
  • Top 10 World Indices for the short position

Indices Forecast
Package Name: World Indices
Recommended Positions: Long
Forecast Length: 3 Days (11/28/2018 – 12/01/2018)
I Know First Average: 4.94%
Indexest Analysis

For this 3 Days forecast the algorithm had successfully predicted the changes in 10 out of 10 indices. The top-performing prediction in this forecast was ^IBC, which registered a return of 27.86%. Other notable stocks were ^XAL and ^NBI with a return of 5.36% and 4.13%. The package had an overall average return of 4.94%, providing investors with a premium of 2.03% over the S&P 500’s return of 2.91% during the same period.

The IBC Index from the Caracas Stock Exchange (Venezuela), also known as the General Index, is a capitalization-weighted index of the 15 most liquid and highest capitalized stocks traded on the Caracas Stock Exchange (Bolsa de Valores de Caracas). The index was modified from a previous existing index on August 28, 1997, but essentially continues to be the same.

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.