Stock Forecasting Based on Data Mining: Returns up to 21.82% in 3 Days

Stock Forecasting

This algorithmic 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 (5/1/22 – 5/4/22)
I Know First Average: 10.31%
Stock Forecasting
Stock Forecasting chart

During the 3 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 10 out of 10 returns. The top performing prediction from this package was SMLP with a return of 21.82%. PPIH and SFIX saw outstanding returns of 15.95% and 12.42%. With these notable trade returns, the package itself registered an average return of 10.31% compared to the S&P 500’s return of 4.07% for the same period.

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.