S&P 500 Forecast Based On Machine Learning: Up to 47.95% Return in 1 Month

 S&P 500 Forecast

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks pick to long
  • top ten stocks pick to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 1 month (12/25/2015 – 01/25/2016)
I Know First Average: 13.58%

 S&P 500 Forecast

8 of the 10 stocks included in the Top 10 Stocks forecast from 12/25/2015 decreased in accordance with the algorithm’s short prediction for the 1 month time horizon. The top performing stock was FCX with a return of 47.95% other very good performers were CRZBY with 23.19% and BAK with 21.51%. Investors using the I Know First service who invested evenly in these stocks would have outperformed the -8.92% S&P 500 average  with IKF’s 13.58% average during the predicted time horizon.

Petróleo Brasileiro S.A. – Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets. Unless oil prices suddenly may increase, the most of the oil fields owned by the company are a money-losing operations.

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.