India NSE Indices Forecast Based on Data Mining: Returns up to 46.4% in 1 Year
India NSE Indices Forecast
This India NSE Indices 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 NSE Indices forecast for the long position
- Top 10 Indian NSE Indices forecast for the short position
Package Name: By Country – India NSE Indices Forecast
Recommended Positions: Long
Forecast Length: 1 Year (11/26/23 – 11/26/24)
I Know First Average: 37.0%
Several predictions in this 1 Year forecast saw significant returns. The algorithm has correctly predicted 10 out of 10 stock movements. ^NIFTYREAL was the top performing prediction with a return of 46.4%. ^NIFTYALI and ^NIFML15 followed with returns of 43.11% and 41.46% for the 1 Year period. The package saw an overall yield of 37.0% versus the S&P 500’s return of 22.23% implying a market premium of 14.77%.
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.