Stock Predictions Based on Machine Learning: Up To 73.39% Return In 1 Month

Stock Predictions

This Basic Industry Stocks forecast is designed for investors and analysts who need predictions of the best performing stocks for the whole Basic Industry (See Industry Package). It includes 20 stocks with bullish and bearish signals and indicates the best basic industry stocks to buy:

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

Package Name: Basic Industry
Forecast Length: 1 Month  (03/29/16 – 04/29/16)
I Know First Average: 25.39%

Stock Predictions

Several stocks in this mid-term forecast saw strong growth, more than doubling their prices in 1 months. SID, VALE, GGB all had incredible returns of 73.39%, 37.29%, and 31.18%. With these stocks seeing such growth, the package had an average return of 25.39% compared to the S&P 500’s 1.39% for the same period.

Companhia Siderúrgica Nacional produces steel. The company operates through five segments including steel, mining, cement, logistics, and energy. The company primarily produces carbon steel and various steel products for the distribution, packaging, automotive, home appliance, and construction industries. SID recently chose a new chairman for their board to bring a new workflow in the company.

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 algorithmic traders.

How to interpret this diagram

Please, note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.