Stock Market Prediction Algorithm

This forecast is part of the “Dividend Stocks” package, as one of I Know First’s quantitative investment solutions. We determine our best stocks carrying a dividend and pick them by screening our database daily using our advanced algorithm.  The full Dividend Stocks Package includes a daily forecast for a total of 20 stocks with bullish and bearish signals:

• 10 best dividend stocks to long
• 10 best dividend stocks to short

Package Name: “Dividend Stocks”
Recommended Positions: Long
Forecast Length: 7 Days (04/12/2016 – 04/19/2016)
I Know First Average: 15.51%

In this forecast 9 of the 10 stocks from 04/12/2016 increased in accordance with the algorithm’s long prediction for the 7 days time horizon. Our top stock pick for the week was SID with a return of 44.57%. CHK and VALE followed with respectable returns of  36.00%, and 17.62%. This package returned an average of 15.51% while the S&P500 saw a decrease of 2.88%.

Companhia Siderurgica Nacional (SID) is a Brazil-based company primarily engaged in the steel industry. The Company divides its business into five segments: Steel sector, which is involved in the production, distribution and marketing of flat steel, galvanized steel, and metal packaging; Mining sector, Cement sector, Logistics sector and Energy sector, which includes investments in energy generation projects to guarantee the Company’s self-sufficiency.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.