Stock Market Forecast Based on Data Mining: Returns up to 9.42% in 1 Month

Stock Market Forecast

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 market forecast 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: 1 Month (11/10/2019 – 12/11/2019)
I Know First Average: 3.14%
Stock Market Forecast
Stock Market Forecast chart

During the 1 Month forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. QRVO was our best stock pick this week a return of 9.42%. Additional high returns came from SWKS and NVDA, at 8.81% and 4.6% respectively. This algorithmic forecast package presented an overall return of 3.14% versus S&P 500’s performance of 1.57% providing a market premium of 1.57%.

Qorvo, Inc., incorporated on December 13, 2013, is a provider of technologies and radio frequency (RF) solutions for mobile, infrastructure and defense and aerospace applications. The Company designs, develops, manufactures and markets its products to the United States and international original equipment manufacturers (OEMs) and original design manufacturers (ODMs). Its segments include Mobile Products (MP) and Infrastructure and Defense Products (IDP). The Company operates design, sales and manufacturing facilities located throughout Asia, Europe and North America. Its primary manufacturing facilities are located in North Carolina, Oregon, Texas and Florida, and its primary assembly and test facilities are located in China, Costa Rica and Texas.

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.