Trading Algorithm Based on Pattern Recognition: Returns up to 14.21% in 3 Days

Trading Algorithm

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

Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (08/03/2018 – 08/06/2018)
I Know First Average: 5.62%
Trading Algorithm

During the 3 Days forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was JKPA.NS, at 14.21%. Further notable returns came from ADAN.NS and 8KMS.NS at 10.55% and 10.22%, respectively. The By Country – Indian Stocks package had an overall average return of 5.62%, providing investors with a premium of 4.80% over the S&P 500’s return of 0.82%.

JK Paper Limited is a paper manufacturing company. The Company’s products/services include Paper and Paper board. The Company offers products under various categories, including coated paper and board, uncoated paper and board, packaging broad and office documentation. Its office documentation products include JK Copier Plus, JK Copier, JK Easy Copier, JK CMax, JK Cedar, JK Excel Bond, JK Bond and JK Ledger. Its uncoated paper and board products include JK SS Maplitho (SHB), JK MICR Cheque paper and JK SS pulpboard. Its coated paper and board products include JK Cote (Matt/Gloss), JK Superkote/JK Cote Premium and JK Cote Chromo (Matt/Gloss). Its packaging boards include JK Ultima, JK TuffCote, JK TuffPac, JK Endura, JK Club Card and JK IV Board. Its office documentation papers include photocopy and multi-purpose papers for use in desktop, inkjet and laser printers, fax machines, photocopiers and other devices. Its manufacturing units include JK Paper Mills and Central Pulp Mills.

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.