Stock Forecasting Based on Data Mining: Returns up to 10.04% in 3 Days

Stock Forecasting

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This stock forecasting is for stocks with recently reported insiders’ transactions.
An “insider” is any person who possesses at least one of the following:

  • access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
  • ownership of more than 10% of the company’s equity

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (10/22/2020 – 10/25/2020)
I Know First Average: 4.79%
Stock Forecasting
Stock Forecasting chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Insider Trades Package for this 3 Days forecast. MCS was our best stock pick this week a return of 10.04%. FCNCA and CAR also performed well for this time horizon with returns of 9.02% and 8.0%, respectively. The package saw an overall yield of 4.79% versus the S&P 500’s return of 0.87% implying a market premium of 3.92%.

The Marcus Corporation, together with its subsidiaries, operates as a lodging and entertainment company in the United States. It operates through two segments, Movie Theatres, and Hotels and Resorts. As of February 24, 2016, the company operated approximately 53 movie theatres with 668 screens in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota, and Ohio; and owned or managed 19 hotels, resorts, and other properties in 10 states. It also operates a family entertainment center in Appleton, Wisconsin. In addition, the company provides hospitality management services, including check-in, housekeeping, and maintenance for a vacation ownership development, such as 68 two-room timeshare units and a timeshare sales center. The Marcus Corporation was founded in 1935 and is headquartered in Milwaukee, Wisconsin.

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 subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

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