I Know First Algorithm Review: February 18th, 2015

I Know First Algorithm Review

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s January 16th, 2015 stock forecast titled “Stock Forecast Based on Machine Learning: Up To 44.35% Return In One Month”. This forecast is part of the “Top 10 stock picks ” package, as one of I Know First’s quantitative investment solutions. The “I Know First Average” return was 16.21% versus the S&P 500’s return of 5.24% over the same time period.

 I Know First Algorithm Review

Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies 

Please note-for trading decisions use the most recent forecast. 

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TSLA

Signal (1 month): 103.33

Predictability (1 month): 0.41

Return: 6.20%

Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service centers and Supercharger stations. In addition to the Company’s own vehicles, it designs, develops, manufactures, and sells advanced electric vehicle powertrain components to other automotive manufacturers.  Tesla had a signal strength of 103.33 and a predictability indicator of 0.41. In accordance with the algorithm prediction, the stock increased 6.20% in the 1-month time horizon. Tesla Motors Inc plans to offer a home battery that can be used in houses or business very soon, CEO Elon Musk told analysts. Musk mentioned that the product could be showcased in a couple of months.

WFT

Signal (1 month): 68.13

Predictability (1 month): 0.51

Return: 28.78%

Weatherford is one of the largest international oil and natural gas service companies. The company provides products and services for drilling, evaluation, completion, production and intervention of oil and natural gas wells, along with pipeline construction and commissioning. Headquartered in Switzerland, Weatherford currently operates in more than 100 countries across the globe and employs more than 60,000 people. WFTa had a signal strength of 68.12.33 and a predictability indicator of 0.51. In accordance with the algorithm prediction, the stock increased 28.78% in the 1-month time horizon. Weatherford International plc  became one of the latest energy company to announce job cuts from falling crude prices as the oilfield-services industry bears the brunt of slashed spending plans. Weatherford will cut 8,000 workers in the first half of the year. When added to 6,000 firings from last year, the Geneva-based company’s total workforce will shrink 25% from the start of 2014.

suncor

Signal (1 month): 57.19

Predictability (1 month): 0.57

Return: 10.56%

Suncor Energy Inc. is a Canada-based integrated energy company. The Company operates under three segments: oil sands, exploration and production, and refining and marketing. The Company is focused on developing petroleum resource basins-Canada’s Athabasca oil sands. SU had a signal strength of 57.19 and a predictability indicator of 0.57. In accordance with the algorithm prediction, the stock increased 10.56% in the 1-month time horizon. The dramatic drop in the price of crude oil over the past few months has forced Suncor Energy Inc. to take action. Among the company’s actions is its decision to cut spending on projects it hasn’t sanctioned yet. However, while those cuts make sense, the company’s smartest spending cut is its decision to curb share repurchases for the moment.

ATI

Signal (1 month): 56.23

Predictability (1 month): 0.48

Return: 20.54%

Allegheny Technologies Incorporated (ATI) is a diversified specialty metals producer. Its specialty metals are produced in a range of alloys and product forms. It operates in three segments: High Performance Metals segment, Flat-Rolled Products segment and Engineered Products segment. ATI had a signal strength of 56.23 and a predictability indicator of 0.48. In accordance with the algorithm prediction, the stock increased 20.54% in the 1-month time horizon. In February 2014, the Company acquired Dynamic Flowform Corp. Besides, ATI has been given a consensus recommendation of “Hold” by the thirteen analysts that are presently covering the stock, Analyst RN reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $41.40. Allegheny Technologies (NYSE:ATI) last issued its quarterly earnings data on Tuesday, January 20th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.01) by $0.19.

TK

Signal (1 month): 42.84

Predictability (1 month): 0.38

Return: 10.59%

Teekay Corporation, a Bermuda-based Company, is a provider of international crude oil and gas marine transportation services in Bermuda and internationally. It also offers offshore oil production, storage and offloading services, under long-term, fixed-rate contracts. Teekay had a signal strength of 42.84 and a predictability indicator of 0.38. In accordance with the algorithm prediction, the stock increased 10.59% in the 1-month time horizon. Teekay Corporation (NYSE:TK) has received a Outperform rating from research analysts at Zacks with a rank of 1. The company has been rated an average of 1.63 by 8 Wall Street Analysts. 5 analysts have added the counter in their list of strong buys. 1 stock experts have also rated a buy. 2 broker firms see some more upside in the counter and have advised hold.

VIP

Signal (1 month): 42.76

Predictability (1 month): 0.23

Return: 44.35%

VimpelCom Ltd.  is a holding company. The Company operates in Mobile Telecommunications Business, Fixed-Line Telecommunications and Fixed Internet Business. The Company offers mobile telecommunications services to its subscribers, which include mobile telecommunications services under contract and prepaid plans for both corporate and consumer segments; value added and call completion services; access to both national and international roaming services; wireless Internet access and other services. VIP had a signal strength of 42.76 and a predictability indicator of 0.23. In accordance with the algorithm prediction, the stock increased 44.35% in the 1-month time horizon. Europe’s recent decision to import the U.S. strategy for economic stimulus could give share prices on the Continent the same kind of boost that has made many Americans wealthier in recent years, this situation has partiually helped to explain the rally on the price of VIP.

CVX

Signal (1 month): 36.91

Predictability (1 month): 0.47

Return: 10.93%

Chevron Corporation is a holding company. Chevron, through its subsidiaries, is engaged in petroleum operations, chemicals operations, mining operations, and power and energy services. The Company operates through two business segments: upstream and downstream. The Company’s other businesses include mining, and power and energy services. Chevron had a signal strength of 36.91 and a predictability indicator of 0.47. In accordance with the algorithm prediction, the stock increased 10.93% in the 1-month time horizon. Chevron is seeing the real benefits of the integrated business model during this current oil turmoil as the downstream business of the company is showing decent results.

MTB

Signal (1 month): 29.37

Predictability (1 month): 0.38

Return: 8.32%

M&T Bank Corporation (M&T) is a bank holding company. The Company has two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, National Association (Wilmington Trust, N.A.). The Company offers a range of retail and commercial banking, trust and wealth management, and investment services to its customers. MTB had a signal strength of 29.37 and a predictability indicator of 0.38. In accordance with the algorithm prediction, the stock increased 8.32% in the 1-month time horizon. M&T Bank reported a set of fourth quarter results which were largely in line with expectations. After a difficult year, more headwinds are seen ahead defined by compression in terms of net interest margins, as well as uncertainty about its pending deal, however M&T management has shown it´s capable of working in harsh market conditions.

f

Signal (1 month): 24.39

Predictability (1 month): 0.61

Return: 10.81%

Ford Motor Company (Ford) is a manufacturer of automobiles. The Company together with its subsidiaries is engaged in other businesses, including financing vehicles. The Company operates in two segments: Automotive and Financial Services. The Company manufactures or distributes automobiles across six continents. Ford had a signal strength of 24.39 and a predictability indicator of 0.61. In accordance with the algorithm prediction, the stock increased 10.81% in the 1-month time horizon. Ford  investors are taking a breath of fresh air in 2015. After a 2014 that was filled with month after month of underwhelming sales totals for the folks at the Blue Oval, 2015 is starting off on a much better foot. While it’s true that January is historically a weaker month in terms of total new-vehicle sales volume, Ford still had a great month: Ford’s overall sales for January increased 15% compared to last year

MWB

Signal (1 month): 24.35

Predictability (1 month): 0.24

Return: 11.02%

MarkWest Energy Partners, L.P. is a master limited partnership engaged in the gathering, processing and transportation of natural gas; the transportation, fractionation, storage and marketing of natural gas liquids (NGLs), and the gathering and transportation of crude oil. It provides services in the midstream sector of the natural gas industry. MWE had a signal strength of 24.35 and a predictability indicator of 0.24. In accordance with the algorithm prediction, the stock increased 11.02% in the 1-month time horizon. MarketWest has recently increased it´s quarterly dividend to $0.90, it now has a $3.60 annualized dividend and a yield of 5.90%.