Stock Picking Based on a Self-learning Algorithm: Returns up to 13.74% in 7 Days

Stock Picking

This Basic Industry forecast is designed for investors and analysts who need daily stock market predictions with stock picking strategy for the whole Basic Industry (see Basic Industry Stocks Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy based on artificial intelligence:

  • Top 10 Basic Industry stocks for the long position
  • Top 10 Basic Industry stocks for the short position

Stock Market Prediction Algorithm
Package Name: Basic Industry Forecast
Recommended Positions: Long
Forecast Length: 7 Days (10/15/2019 – 10/22/2019)
I Know First Average: 6.84%
Stock Picking
Stock Picking chart

I Know First’s State of the Art Algorithm accurately forecasted 10 out of 10 trades in this Basic Industry Forecast Package for the 7 Days time period. The greatest return came from AIMC at 13.74%. Further notable returns came from GVA and BGG at 12.14% and 9.2%, respectively. This algorithmic forecast package presented an overall return of 6.84% versus S&P 500’s performance of 1.01% providing a market premium of 5.83%.

Altra Industrial Motion Corp., incorporated on October 20, 2004, is a global designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. Its products are used to control and transmit power and torque in virtually any industrial application involving movement. Its product portfolio includes clutches and brakes, couplings and gearing, and power transmission components. Its products are used in a range of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. Its products serve a range of end markets, including energy, general industrial, material handling, mining, transportation, and turf and garden.

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.