Stock Forecasting Based on Machine Learning: Returns up to 29.53% in 14 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: 14 Days (3/24/21 – 4/7/21)
I Know First Average: 5.98%
Stock Forecasting
Stock Forecasting chart

During the 14 Days forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. The top performing prediction from this package was FLY with a return of 29.53%. ALOT and PKX also performed well for this time horizon with returns of 12.73% and 9.71%, respectively. The overall average return in this Insider Trades package was 5.98%, providing investors with a 1.65% premium over the S&P 500’s return of 4.33% during the same period.

FLY Leasing Limited, together with its subsidiaries, engages in purchasing and leasing commercial aircraft under multi-year contracts to various airlines worldwide. As of December 31, 2015, it had a fleet of 80 aircraft, including 69 narrow-body passenger aircraft and 11 wide-body passenger aircraft. The company was founded in 2007 and is headquartered in Dun Laoghaire, Ireland.

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.