Stock Picking Based on Big Data Analytics: Returns up to 7.69% in 7 Days

Stock Picking

This Stock Picking forecast is designed for investors and analysts who need daily stock market predictions of the best-performing stocks 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 (6/13/23 – 6/20/23)
I Know First Average: 2.51%
Stock Picking
Stock Picking chart

For this 7 Days forecast the algorithm has successfully predicted 7 out of 10 movements. The top performing prediction from this package was BECN with a return of 7.69%. Further notable returns came from GTLS and HEES at 6.56% and 5.09%, respectively. The package had an overall average return of 2.51%, providing investors with a 1.36% premium over the S&P 500’s return of 1.15% during the period.

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.