Stock Market Forecast: DWSN Increased by 9%

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

The IKF AI algorithm suggested Dawson Geophysical Company (DWSN) as the most promising stock in our Energy stocks package on September 18, 2022.

The stock increased by 9% in line with the I Know First AI forecast on September 19, 2022.

Past Success With DWSN Stock Forecast

I Know First has been bullish on the DWSN stock forecast in the past. On July 13th, 2022 the I Know First algorithm issued a forecast for DWSN stock price and recommended DWSN as one of the best energy stocks to buy. The AI-driven DWSN stock prediction was successful on a 14-days time horizon resulting in more than 22.37%.

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.