Stock Market Predictions Based on AI: Up to 29.62% (Short) Return in 14 Days

Stock Market Predictions

This forecast is part of the “Top 10 Stock Picks” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short
  • S&P 500 forecast

Package Name: Top 10 Stocks
Forecast Length: 14 Days (12/30/15 – 01/13/16)
I Know First Average: 17.42%

Stock Market Predictions

10 of the 10 stocks included in the Top 10 Stocks forecast from 12/30/15 decreased in accordance with the algorithm’s prediction for the 14 day  time horizon. The top performing stock was AA with a return of 29.62% other very good performers were CBD with 24.34% and PBRwith 24.21%. Investors using the I Know First service who invested evenly in these stocks would have outperformed the S&P 500 average of —9.05% with IKF’s 17.42% average during the predicted time horizon.

Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa’s stock dropped to the lowest price seen since the Great Recession on Tuesday, as the aluminum giant’s mixed fourth-quarter results failed to lift the spirits of investors or analysts.

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.