Stock Market Predictions Based on Data Mining: Returns up to 23.28% in 14 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

insider trading
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 14 Days (5/27/24 – 6/10/24)
I Know First Average: 2.97%
Stock Market Predictions
Stock Market Predictions chart

In this 14 Days forecast for the Insider Trades Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. ANF was our best stock pick with a return of 23.28%. The suggested trades for BOOT and BITF also had notable 14 Days yields of 14.63% and 13.86%, respectively. The package saw an overall yield of 2.97% versus the S&P 500’s return of 1.06% implying a market premium of 1.91%.

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.