Market Forecasts Based on Self-Learning Algorithm: Up to 24.56% Increase in 14 Days

 Market Forecasts

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

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

Package Name: Risk-Conscious
Forecast Length: 14 Days (9/30/2015 – 10/14/2015)
I Know First Average: 9.62%

market forecasts

 

I Know First’s 14-day forecast from the Risk-Conscious package ten out of the ten stocks increase in accordance with the algorithm’s prediction. ATI performed well, returning 24.56% during the time horizon as the algorithm indicated. Likewise, MT and LNVGF were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 23.30% and 21.20% over 14 days. The average return of 9.62% during the forecasts time horizon outperformed the S&P 500 return of 5.85% during the same time.

Allegheny Technologies Incorporated is a specialty materials and components producer. The Company’s standard products include specialty stainless sheet, stainless steel sheet and stainless steel plate. Despite the positive outlook,  the company’s shares have dropped 35.83% during the last 3-month period.

Algorithmic traders utilise 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.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast