Stock Market Predictions Based on Self Learning Algorithm: Return Up to 61.31% in 3 Months

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

Package Name: Top 10 Stocks
Forecast Length: 3 month (10/27/2015 – 01/27/2016)
I Know First Average: 18.88%

Stock Market Predictions

The algorithm correctly predicted 8 out of 10 stocks to decrease over the 3-month period from October 27th, 2015. FCX had an incredible performance with a 61.31% return, with CRZBY and YZC following with returns of 27.75% and 26.89% respectively. The I Know First package had an overall average return of 18.88% in the short position for this 3-month time horizon, easily beating the S&P 500’s return of -9.09% for the same period.

Freeport-McMoRan Inc. (FCX), a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, as well as oil and gas. The Firm Levi & Korsinsky, LLP announced an investigation taking place at Freeport-McMoRan Inc involving possible violations of federal securities laws by the board of directors of Freeport.

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.