Stock Price Predictor Based on Data Mining: Returns up to 10.88% in 7 Days

Stock Price Predictor

Top Performing Indonesian Stocks: 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 Indonesian stocks for the long position
  • Top 10 Indonesian stocks for the short position

Package Name: By Country – Indonesian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (08/22/2018 – 08/29/2018)
I Know First Average: 3.14%
Stock Price Predictor

During the 7 Days forecasted period several picks in the By Country – Indonesian Stocks Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. The prediction with the highest return was PGAS.JK, at 10.88%. Further notable returns came from INTP.JK and LPPF.JK at 9.97% and 7.09%, respectively. The By Country – Indonesian Stocks package had an overall average return of 3.14%, providing investors with a premium of 1.36% over the S&P 500’s return of 1.78%.

PT Perusahaan Gas Negara (Persero) Tbk is an Indonesia-based company primarily engaged in the transportation and trading of natural gas. It classifies its business into four segments: Transmission/Transportation, Distribution/Commerce, Oil and Gas and Other. Its Transmission/Transportation segment transports natural gas owned by shipper to the delivery point through high-pressure transmission pipelines. Its Distribution/Commerce segment distributes natural gas to commercial, industrial and household users. Its Oil and Gas segment consists of activities and investments in oil and gas upstream sector. The activities included in its Other segment are telecommunication, services, construction and maintenance of pipeline networks, building management and financial lease. These activities are operated through its subsidiaries: PT PGAS Telekomunikasi Nusantara, which leases fiber optic network capacity, and PT PGAS Solution, which provides engineering, construction and maintenance services.

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.