Stock Forecasting Based on Deep Learning: Returns up to 38.00% in 1 Month

Stock Forecasting

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictors for a total of 20 stocks with bullish and bearish signals from stock forecasting:

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

Package Name: Stocks Under 10 Dollars
Recommended Positions: Long
Forecast Length: 1 Month (11/06/2016 – 12/06/2016)
I Know First Average: 18.18%
Stock Forecasting

During the 1 Month forecasted period, several picks in the Stocks Under 10 Dollars Package saw significant returns. The algorithm had correctly predicted 8 out 10 stocks. The prediction with the highest return was ODP, at 38.00%. Further notable returns came from VALE and HNR at 32.88% and 27.64%, respectively. The Stocks Under 10 Dollars package had an overall average return of 18.18%, providing investors with a premium of 12.09% over the S&P 500’s return of 6.09%.

Office Depot, Inc. (ODP), supplies office products and services. It operates in three segments: North American Retail, North American Business Solutions, and International.

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.

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