Trend Following Based on Artificial Intelligence: Returns up to 16.74% in 3 Days

Trend Following

This forecast is part of the Stocks Under 50 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Trend Following stocks with bullish and bearish signals:

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

Package Name: Stocks Under 50 Dollars
Recommended Positions: Long
Forecast Length: 3 Days (10/25/2018 – 10/28/2018)
I Know First Average: 3.19%
Trend Following

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. GOL was the top performing prediction with a return of 16.74%. BBD and BRF saw outstanding returns of 6.81% and 5.15%. With these notable trade returns, the package itself registered an average return of 3.19% compared to the S&P 500’s return of 0.10% for the same period.

GOL Linhas Aéreas Inteligentes S.A. (GOL) through its subsidiaries, provides regular and non-regular air transportation services for passengers, cargoes, and mailbags in South America and the Caribbean.

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.