Stock Forecasting Algorithm Based on Artificial Intelligence: Up to 26.62% in 3 Days

Stock Forecasting Algorithm

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

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

Package Name: Risk-Conscious
Recommended Positions: Long
Forecast Length: 3 Days (08/05/16 – 08/09/16)
I Know First Average: 9.04%

Stock Forecasting Algorithm

In this forecast, 6 out of 10 top stocks increased as predicted by the algorithm. VRX returned 26.62%, making it the highest returning stock of this package. Other significant returns came from OCN and BCRX with 26.07% and 23.75%. The average return for this package was 9.04% as opposed to the S&P 500’s growth of 0.81% in the same time period.

Valeant Pharmaceuticals International, Inc. is a multinational pharmaceutical company based in Laval, Quebec, Canada. Valeant manufactures mostly generic pharmaceuticals and over-the-counter products.

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.