Stock Analysis Based on Deep Learning: Returns up to 6.03% in 3 Days

Stock Analysis

Top Performing Indian 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 Indian stocks for the long position
  • Top 10 Indian stocks for the short position

Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (03/01/2019 – 03/04/2019)
I Know First Average: 2.39%
Stock Analysis

During the 3 Days forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was DSTV.NS, at 6.03%. Further notable returns came from DCMS.NS and DWAR.NS at 5.23% and 4.31%, respectively. The package had an overall average return of 2.39%, providing investors with a 1.84% premium over the S&P BSE’s return of 0.55% during the period.

Dish TV India Limited is engaged in the business of direct to home (DTH) and teleport services. The Company’s segments include DTH and Teleport Service, and Infra Support Services. It is also engaged in the business of broadcasting of other satellite telecommunications activities. Its products include DishHD+ with Recorder, Dish+, DishFlix and Dish on Wheels. It provides three kinds of set top boxes: DISH HD+ with Recorder, which provides hi-definition signals for picture quality along with the power to pause, record and rewind live television and Digital Set-Top-Box, which allows customers to record programs of their choice. Its services include active services, movie on demand, multilingual services and miniplex. Its active services include Music Active, GAMES ACTIVE and JOBS ACTIVE. Its multilingual services allow customers to watch their programs in various languages, such as Hindi, Kannada, Telugu, Marathi, Gujarati, Bengali and Urdu. It also offers do-it-yourself services.

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.