Stock Market Forecast: APDN Increased by 36.50%

I Know First Research Team LogoThis post was written by the I Know First Research Team.

The IKF AI algorithm suggested Applied DNA Sciences, Inc. (APDN) as one of the most promising stocks on October 12, 2022.

The stock increased by 36.50% in line with the I Know First AI forecast on October 12, 2022.

Past Success With APDN Stock Forecast

I Know First has been bullish on the APDN stock forecast in the past. On August 3rd, 2022 the I Know First algorithm issued a forecast for APDN stock price and recommended APDN as one of the best implied volatility option stocks to buy. The AI-driven APDN stock prediction was successful on a 14-days time horizon resulting in more than 32.50%.

Stocks With High Implied Volatility

Stock Market Forecast: I Know First’s Machine Learning Algorithm

stock market forecast: I Know First's algorithm

I Know First is one leading company that has been effectively using machine learning and AI-based algorithms to provide daily forecasts and facilitate trading for over 13,500 financial instruments. More importantly, I Know First’s algorithm does not depend on any human-derived assumptions except for the mathematical framework initially presented, meaning that it is more reliable and accurate than using technical indicators which involve a lot of human judgments. The algorithms can present patterns based on the data inputs, testing the performance on years of market data, and validating them on the most recent data, which prevents overfitting. If an input does not improve the model, it is “rejected”, and another input can be submitted. I Know First provides different forecast packages based on the AI algorithm which allows us to select the most promising stocks (you can access them here).

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Please note-for trading decisions use the most recent forecast.

Short-Term Stock Forecast