Stock Forecasting Algorithm Based on Deep Learning: Returns up to 17.76% in 3 Days

Stock Forecasting Algorithm

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 by the stock forecasting algorithm:

  • 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 (11/14/2016 – 11/17/2016)
I Know First Average: 6.37%
Stock Forecasting Algorithm

8 out of 10 stock prices in this forecast for the Top 10 Stocks Package moved as predicted by the algorithm. FMCC was our best stock pick this week a return of 17.76%. FNMA and X followed with returns of 17.41% and 13.46% for the 3 Days period. The package saw an overall yield of 6.37% versus the S&P 500’s return of 1.05% implying a market premium of 5.32%.

Federal Home Loan Mortgage Corporation, or Freddie Mac (FMCC) provides credit guarantee for residential mortgages originated by mortgage lenders and invests in mortgage loans and mortgage-related securities in the United States. It operates in three segments: Single-Family Guarantee, Investments, and Multifamily.

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

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.