Stock Market Forecasting Using Machine Learning Algorithms: Up to 61.95% Return in 1 Year

Stock Market Forecasting

This forecast is part of the “Risk-Conscious” package, as one of I Know First’s quantitative investment solutions. We determine our aggressive stock picks by screening our database daily for higher volatility stocks that present more opportunities, but are also more risky. The full Risk-Conscious Package includes a daily forecast for a total of 40 stocks with four main categories:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Package Name: Risk-Conscious
Forecast Length: 1 Year (10/19/2014 – 10/19/2015)
I Know First Average: 21.95%

Stock Market Forecasting

 

 

I Know First’s 1-year forecast from the Risk-Conscious package nine out of the ten stocks increase in accordance with the algorithm’s prediction. WETF performed well, returning 61.95% during the time horizon as the algorithm indicated. Likewise,  UA and RAD were also included in the top 10 picks of the Aggressive Stocks forecast and had strong returns of 54.23% and 38.89% over 1 year. The average return of 21.95% during the forecast time horizon outperformed the S&P 500 return of 7.79% during the same time.WisdomTree Investments, Inc. is an asset management company that focuses on exchange-traded funds (ETFs). The company has witnessed an average EPS growth of 32.60% in the past 5 years.

 

Algorithmic traders utilise 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 algorithmic traders.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast