Stock Market Indices Forecast Based on Machine Learning: Returns up to 11.25% 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 (10/2/23 – 10/9/23)
I Know First Average: 1.32%
Stock Market Indices Forecast
Stock Market Indices Forecast chart

For this 7 Days forecast the algorithm has successfully predicted the changes in 6 out of 10 indices. The highest trade return came from ^JNIV, at 11.25%. ^TYX and ^TNX had notable returns of 5.39% and 4.9%. The package’s overall average return was 1.32%, providing investors with a 0.21% premium over the S&P 500’s return of 1.11% during the same 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.