Stock Market Indices Forecast Based on Machine Learning: Returns up to 26.33% 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 (1/6/21 – 1/13/21)
I Know First Average: 7.97%
Stock Market Indices Forecast
Stock Market Indices Forecast chart

For this 7 Days forecast the algorithm had successfully predicted the changes in 10 out of 10 indices. ^IBC was our best stock pick this week a return of 26.33%. The suggested trades for ^OSX and ^NIFTYPSU also had notable 7 Days yields of 8.54% and 7.71%, respectively. With these notable trade returns, the package itself registered an average return of 7.97% compared to the S&P 500’s return of 2.23% for the same period.

The IBC Index from the Caracas Stock Exchange (Venezuela), also known as the General Index, is a capitalization-weighted index of the 15 most liquid and highest capitalized stocks traded on the Caracas Stock Exchange (Bolsa de Valores de Caracas). The index was modified from a previous existing index on August 28, 1997, but essentially continues to be the same.

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.