Stock Forecasting Algorithm Based on Artificial Intelligence: Returns up to 12.65% in 14 Days

Stock Forecasting Algorithm

This forecast is part of the By Country Package, as one of I Know First’s stock forecasting algorithmic trading tools. The full forecast includes daily predictions for a total of 10 stocks with bullish and bearish signals:

    • Top 5 Turkish stocks for the long position
    • Top 5 Turkish stocks for the short position

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 14 Days (05/20/2019 – 06/03/2019)
I Know First Average: 6.48%
Stock Forecasting Algorithm

The algorithm correctly predicted 5 out 5 of the suggested trades in the By Country – Turkish Stocks Package for this 14 Days forecast. SANEL.IS was the highest-earning trade with a return of 12.65% in 14 Days. Additional high returns came from DEVA.IS and POLTK.IS, at 7.60% and 5.35% respectively. The package had an overall average return of 6.48%, providing investors with a 2.39% premium over the XU 100 return of 4.09% during the period.

SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS is a Turkey-based company engaged in electrical component and equipment sector. Its main activities are the design of power distribution equipment/devices, project design and production of control panels as well as contracting for facilities/power plants whose capacity ranges from1000 Kilovolt Ampere (kVA) to 100,000 kVA electricity power. It serves medium- and large- sized businesses, such as paper, cement, iron-steel, aluminum, plastic, textile, petro chemistry facilities; factories; hotels and shopping malls; business premises; hospitals; state buildings, such as leisure centers; mining facilities; power plants, and housing estates. It products include: LV power capacitors, MV power capacitors, LV and MV harmonic filter reactors, LV thyristor switching modules, GE switchgear and Siemens drive-center. Its systems include: LV panel, LV harmonic filter, MV compensation and harmonic filter, and SVC flicker kompansayon systems

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 5 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.