Stock Forecasting Software Based on Data Mining: Returns up to 40.91% in 1 Month
Stock Forecasting Software
This Transportation Stocks forecast is designed for investors and analysts who need stock forecasting software providing predictions for the best stocks to invest in the transport sectors (see Transportation Stocks Package). It includes 20 stocks with bullish and bearish signals:
- Top 10 Transportation stocks for the long position
- Top 10 Transportation stocks for the short position
Package Name: Transportation Stocks
Recommended Positions: Long
Forecast Length: 1 Month (8/15/24 – 9/15/24)
I Know First Average: 7.7%
During the 1 Month forecasted period several picks in the Transportation Stocks Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. FWRD was our best stock pick with a return of 40.91%. Additional high returns came from HA and ERJ, at 15.95% and 14.93% respectively. The package had an overall average return of 7.7%, providing investors with a 4.57% premium over the S&P 500’s return of 3.13% during the 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.