Stock Market Predictions Based on Data Mining: Returns up to 18.08% in 3 Days
Stock Market Predictions
Stock Market Predictions: This algorithmic forecast is for stocks with recently reported insiders’ transactions. An “insider” is any person who possesses at least one of the following:
- access to valuable non-public information about a corporation (for example a company’s directors and high-level executives)
- ownership of more than 10% of the company’s equity
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Days (11/22/24 – 11/26/24)
I Know First Average: 3.58%
In this 3 Days forecast for the Insider Trades Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. REAL was the top performing prediction with a return of 18.08%. Other notable stocks were RH and W with a return of 11.87% and 6.26%. This algorithmic forecast package presented an overall return of 3.58% versus the S&P 500’s performance of 1.23% providing a market premium of 2.35%.
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.