Using Genetic Algorithms to Forecast Financial Markets: Returns up to 46.19%

Using Genetic Algorithms to Forecast Financial Markets

Using Genetic Algorithms to Forecast Financial Markets: This stock forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stocks and conservative stock picks by screening our stock market algorithm daily for higher volatility stocks that present more opportunities but are also riskier. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks pick that best fit for long position
  • top ten aggressive stocks pick that best fit for short position
  • top ten conservative stocks pick that best fit for long position
  • top ten conservative stocks pick that best fit for short position

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 7 Days (08/08/16 – 08/15/16)
I Know First Average: 6.21%

Using Genetic Algorithms to Forecast Financial Markets

In this forecast, 6 out of 10 top stocks increased as the algorithm predicted. OCN returned 46.19%, which was the highest return of this package. Other large returns came from CWEI and BCRX with 25.76% and 14.01%. The average return for this package was 6.21% compared to the S&P 500’s growth of 0.33% in the same time horizon.

Ocwen Financial Corporation is a provider of residential and commercial mortgage loan servicing, special servicing and asset management 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 algorithmic traders.

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Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.