Stock Forecast Algorithm Based on Deep Learning: Up to 48.24% in 3 Months
Stock Forecast Algorithm
This stock forecast algorithm is part of the “Top 20 Stock Picks” package, as one of I Know First’s systematic trading tools. The full Top 20 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 20 Stocks
Forecast Length: 3 Months (05/08/16 – 08/08/16)
I Know First Average: 9.97%
The I Know First algorithm correctly predicted 15 out of 20 stocks in this S&P 500 stocks forecast 3 Month time period starting May 8th. CAR performed excellently seeing an increase of 48.24%. X and YELP also performed well with returns of 37.10% and 19.55%. The package itself saw overall growth of 9.97% compared to the S&P 500’s growth of 6.02% for the same time period.
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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.
How to interpret this diagram
Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.