Stock Forecast Based on Machine Learning: Up to 100.65% Return in 1 Year
Stock Forecast
- 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: 1 year (10/30/2014 – 10/30/2015)
I Know First Average: 38.22% (long) & 30.09% (short)
The Risk-Conscious forecast from 10/30/14 included the top 10 stocks for both the long and short positions. The most impressive stock for the long position was NFLX with a return of 100.65%. Other top performing stocks from the forecast were WETF and SRPT with solid returns of 67.56% and 58.39%. For the short position, the top performing stock was X which decreased 70.62% as the algorithm correctly predicted. The average return for the long position was 38.22%, while the average return for the short position was 30.09%. These average returns significantly outperformed the S&P 500 return of 4.90% during the same time horizon.
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.
