Stock Forecasting Based on Pattern Recognition: Returns up to 51.52% in 1 Month

Stock Forecasting

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

Package Name: By Country – Turkish Stocks
Recommended Positions: Long
Forecast Length: 1 Month (06/25/2018 – 07/25/2018)
I Know First Average: 10.65%
Stock Forecasting

Several predictions in this long-term 1 Month forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. MEGAP.IS was the top performing prediction with a return of 51.52%. TACTR.IS and MCTAS.IS saw outstanding returns of 40.61% and 17.83%. With these notable trade returns, the package itself registered an average return of 10.65% compared to the S&P 500’s return of 3.31% for the same period.

Mega Polietilen Kopuk Sanayi ve Ticaret AS produces and delivers foam sheets. It offers closed cell polyethylene sheets for packaging, shoes, marine, automotive, promotion, medical products, sports, textile, and construction and insulation sectors.

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.