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: 14 Days (6/23/2020 – 7/7/2020)
I Know First Average: 2.48%

For this 14 Days forecast the algorithm had successfully predicted the changes in 9 out of 10 indices. ^NIFTYFIN was the top performing prediction with a return of 4.98%. ^NSEI and ^NIFTY100 followed with returns of 4.74% and 4.42% for the 14 Days period. The package saw an overall yield of 2.48% versus the S&P 500’s return of 0.88% implying a market premium of 1.60%.

The NIFTY 50 is the flagship index on the NSE, computed using a float-adjusted, market capitalization weighted methodology. The Index tracks the behavior of a portfolio of blue chip companies, the largest and most liquid Indian securities domiciled in India and listed on the NSE.

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.