Stock Market Forecast Based on Data Mining: Returns up to 7.6% in 7 Days

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

Indices Forecast
Package Name: Indices Forecast
Recommended Positions: Long
Forecast Length: 7 Days (1/10/24 – 1/17/24)
I Know First Average: 1.09%
Stock Market Forecast
Stock Market Forecast chart

For this 7 Days forecast the algorithm has successfully predicted the changes in 6 out of 10 indices. The top-performing prediction in this forecast was ^JNIV, which registered a return of 7.6%. ^MERV and ^TOPX had notable returns of 6.0% and 3.45%. With these notable trade returns, the package itself registered an average return of 1.09% compared to the S&P 500’s return of -0.36% for the same 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.