Stock Market Forecasting Based on Machine Learning: Returns up to 16.41% in 14 Days

Stock Market Forecasting

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

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

Package Name: By Country – Australian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (05/16/2019 – 05/30/2019)
I Know First Average: 3.51%
Stock Market Forecasting

For this 14 Days forecast the algorithm had successfully predicted 3 out of 5 movements. The highest trade return came from VOC.AX, at 16.41%. The suggested trades for FMG.AX and SLR.AX also had notable 14 Days yields of 5.04% and 1.87%, respectively. The package had an overall average return of 3.51%, providing investors with a 0.91% premium over the S&P ASX’s return of 2.60% during the period.

Profile:
Vocus Group Ltd (VOC.AX)
Related Topics: STOCKSSTOCK SCREENERTELECOMMUNICATIONS SERVICESINTEGRATED TELECOMMUNICATIONS SERVICES
OVERVIEW NEWS KEY DEVELOPMENTS PEOPLE CHARTS FINANCIALS ANALYSTS RESEARCH PULSE
VOC.AX on Australia Stock Exchange

4.59AUD
31 May 2019
Change (% chg)

$-0.02 (-0.43%)
Prev Close
$4.61
Open
$4.60
Day’s High
$4.62
Day’s Low
$4.55
Volume
4,017,458
Avg. Vol
2,511,968
52-wk High
$4.90
52-wk Low
$2.21

FULL DESCRIPTION
Vocus Group Limited, formerly Vocus Communications Limited, is engaged in providing telecommunications and other services. The Company’s segments include Australia and New Zealand. It is engaged in the supply of broadband, fixed voice, mobile, data center, cloud and energy services to consumer and business segments through the Commander, Dodo and iPrimus brands in Australia, and Slingshot, CallPlus and Orcon in New Zealand.

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.