Stock Market Forecast Based on a Self-learning Algorithm: Returns up to 26.94% in 1 Month
Stock Market Forecast
This stock market forecast is part of the World Indices Package, as one of I Know First’s quantitative investment solutions. We determine our world indices forecast by screening our database daily using our advanced algorithm. The full World Indices Package includes a daily forecast for a total of 20 indices with bullish and bearish signals:
- Top 10 World Indices for the long position
- Top 10 World Indices for the short position
Package Name: Indices Forecast
Recommended Positions: Long
Forecast Length: 1 Month (5/21/23 – 6/21/23)
I Know First Average: 7.96%
For this 1 Month forecast the algorithm has successfully predicted the changes in 10 out of 10 indices. ^MERV was the highest-earning trade with a return of 26.94% in 1 Month. ^SOX and ^N225 followed with returns of 10.81% and 8.98% for the 1 Month period. The package saw an overall yield of 7.96% versus the S&P 500’s return of 4.14% implying a market premium of 3.82%.
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.