Stock Market Predictions

An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. This Stock Market Predictions algorithmic forecast is for stocks with recently reported insiders’ transactions.

Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 7 Days (10/7/21 – 10/14/21)
I Know First Average: 5.17%

The algorithm correctly predicted 8 out 10 of the suggested trades in the Insider Trades Package for this 7 Days forecast. RFP was the top performing prediction with a return of 16.33%. Further notable returns came from SMID and KIRK at 14.69% and 11.43%, respectively. The package had an overall average return of 5.17%, providing investors with a premium of 3.46% over the S&P 500’s return of 1.71% during the same period.

Resolute Forest Products Inc. (RFP) operates in the forest products industry in the United States, Canada, and South Korea. It operates through five segments: Market Pulp, Tissue, Wood Products, Newsprint, and Specialty Papers. The Market Pulp segment provides market pulp, recycled bleached kraft pulp, and bleached hardwood kraft pulp used to make a range of consumer products comprising tissue, packaging, specialty paper products, diapers, and other absorbent products. The Tissue segment offers a range of tissue products, such as recycled and virgin paper products for the away-from-home and private-label at-home markets. The Wood Products segment produces construction-grade lumber, spruce-pine-fir lumber, bed frame components, finger joints, and furring strips, as well as I-joists. The Newsprint segment provides newsprint and sells to newspaper publishers worldwide, as well as to commercial printers in North America for a range of uses, such as inserts and flyers. The Specialty Papers segment produces various specialty papers consisting of uncoated mechanical papers, including supercalendered, superbright, high bright, bulky book, and directory papers, as well as coated mechanical papers and uncoated freesheet papers. Its specialty papers are used in books, retail inserts, direct mail, coupons, magazines, catalogs, and other commercial printing applications. This segment sells specialty papers to commercial printers, direct mailers, publishers, catalogers, and retailers. The company also produces electricity at seven cogeneration facilities and seven hydroelectric dams. Resolute Forest Products Inc. (RFP) is based in Montreal, Canada.

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.