Stock Forecasting Based on Data Mining: Returns up to 22.07% in 7 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 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: 7 Days (11/1/2020 – 11/9/2020)
I Know First Average: 12.27%
Stock Forecasting
Stock Forecasting chart

During the 7 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The highest trade return came from IRS, at 22.07%. FCNCA, and BGCP had notable returns of 19.84% and 18.98%. The package saw an overall yield of 12.27% versus the S&P 500’s return of 8.58% implying a market premium of 3.69%.

IRSA Inversiones y Representaciones Sociedad Anónima engages in diversified real estates-related activities in Argentina. The company operates through six segments: Shopping Centers, Offices and Others, Sales and Development, Hotels, International, and Financial Operations and Others. It is involved in the acquisition, development, and operation of shopping centers, and office and other non-shopping center properties primarily for rental purposes. The company also acquires and operates hotels; develops and sells residential properties; and acquires undeveloped land reserves for future development or sale. In addition, it engages in consumer finance operations. The company was founded in 1943 and is headquartered in Buenos Aires, Argentina. IRSA Inversiones y Representaciones Sociedad Anónima is a subsidiary of Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria.

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.