Stock Market Forecast: Catching the Best Stock in Storm

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

The red color dominated the stock market on Monday 13, 2022. However, while the S&P500 decreased by 3.88% our clients had the opportunity to catch EDU as the best performing stock across all Mid, Large and Mega cap stocks and enjoyed a gain of 5.49% if they followed the recommendations of our AI algorithm. The I Know First algorithm has provided a consistent stock market forecast for EDU stock for 3-days, 7-days, and 14-days horizons. Moreover, EDU stock continues to rise on June 14 with a daily return of +24.91% which also goes in line with the I Know First AI forecast.

Past Success With EDU Stock Forecast

I Know First has been bullish on the EDU stock forecast in the past. On May 13th, 2022 the I Know First algorithm issued a forecast for EDU stock price and recommended EDU as one of the best aggressive stocks to buy. The AI-driven EDU stock prediction was successful on a 1-month time horizon resulting in more than 74.85%.

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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 10,500 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.