Stock Market Indices Forecast Based on Machine Learning: Returns up to 10.4% in 7 Days

Stock Market Indices 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

Indices Forecast
Package Name: Indices Forecast
Recommended Positions: Long
Forecast Length: 7 Days (5/23/23 – 5/30/23)
I Know First Average: 2.2%
Stock Market Indices Forecast
Stock Market Indices Forecast chart

For this 7 Days forecast the algorithm has successfully predicted the changes in 7 out of 10 indices. The prediction with the highest return was ^SOX, at 10.4%. The suggested trades for ^JNIV and ^HNXI also had notable 7 Days yields of 4.9% and 2.51%, respectively. The package had an overall average return of 2.2%, providing investors with a 1.89% premium over the S&P 500’s return of 0.31% during the period.

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.