Market Forecasts Based on Artificial Intelligence: Returns up to 5.25% in 3 Days

Market Forecasts

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: 3 Days (04/12/2019 – 04/15/2019)
I Know First Average: 2.15%
Market Forecasts

During the 3 Days forecasted period several picks in the Top 10 Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was BID, at 5.25%. Further notable returns came from MRVL and CC at 4.73% and 4.09%, respectively. The Top 10 Stocks package had an overall average return of 2.15%, providing investors with a premium of 1.55% over the S&P 500’s return of 0.60%.

Sotheby’s operates as an auctioneer of authenticated fine art, decorative art, jewelry, wine, and collectibles in the United States, the United Kingdom, China, France, Switzerland, and internationally. The company operates through two segments, Agency and Finance. The Agency segment accepts property on consignment; and matches buyers and sellers of authenticated fine art, decorative art, jewelry, wine, and collectibles through the auction or private sale process. It is also involved in the sale of artworks; and operation of an auction house for investment-quality automobiles. The Finance segment offers art-related financing services to various collectors and art dealers. This segment provides secured loans, including advances secured by consigned property to borrowers who are contractually committed to sell the property in the near term; and general purpose term loans secured by property not presently intended for sale. The company is also involved in the retail wine operations; licensing Sotheby’s International Realty and related trademarks; and licensing its Sotheby’s brand name for use in connection with the art auction business in Australia, and art education n services in the United States and the United Kingdom. Sotheby’s was founded in 1744 and is headquartered in New York, New York.

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.