Stock Forecast Based on Artificial Intelligence: Returns up to 9.89% in 7 Days

Stock 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 & Short
Forecast Length: 7 Days (12/05/2018 – 12/12/2018)
I Know First Average: 1.13% (Long) & 1.19% (Short)
Stock Forecast

During the 7 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from KORS which registered a return of 8.48%. For the long positions the largest growth was registered by AVGO with a return of 9.89%, during the same period. The package itself, had an overall average return of 1.13%, in the long position, providing a premium of 2.94% over the SP500’s return of -1.81%. With regards to the short position, the package had an overall average return of 1.19%, providing investors with a premium of 3.00% over S&P500’s return of -1.81%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 5 out of 10 stocks, for the short position for this 7 Days forecasted period.

Broadcom Inc., formerly Broadcom Limited, incorporated on March 3, 2015, is a designer, developer and global supplier of a range of semiconductor devices with a focus on digital and mixed signal complementary metal oxide semiconductor (CMOS)-based devices and analog III-V based products. The Company operates through four segments: Wired Infrastructure, Wireless Communications, Enterprise Storage and Industrial & Other. It offers a range of products that are used in end-products, such as enterprise and data center networking, home connectivity, set-top boxes (STBs), broadband access, telecommunication equipment, smartphones, data center servers and storage systems, factory automation, power generation and alternative energy systems, and electronic displays. Its product portfolio ranges from discrete devices to complex sub-systems that include multiple device types, and also includes firmware for interfacing between analog and digital systems. Its products include mechanical hardware that interfaces with optoelectronic or capacitive sensors.

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

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.