Stock Predictions Based on a Self-learning Algorithm: Returns up to 54.72% in 3 Months
Stock Predictions
An insider is legally permitted to buy and sell shares of the firm – and any subsidiaries – that employs him or her. However, these transactions must be properly registered with the Securities and Exchange Commission (SEC) and are done with advance filings. You can find details of this type of insider trading on the SEC’s EDGAR database. These stock predictions are 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
Package Name: Insider Trades
Recommended Positions: Long
Forecast Length: 3 Months (8/10/21 – 11/10/21)
I Know First Average: 9.66%
During the 3 Months forecasted period several picks in the Insider Trades Package saw significant returns. The algorithm had correctly predicted 6 out of 10 returns. The greatest return came from HRI at 54.72%. Additional high returns came from GSKY and RYI, at 45.62% and 43.39% respectively. The Insider Trades package had an overall average return of 9.66%, providing investors with a premium of 4.82% over the S&P 500’s return of 4.84%.
Herc Holdings Inc. (HRI) operates as an equipment rental supplier in North America. It rents equipment, such as aerial, air compressors and tools, climate control, compaction and paving, concrete and masonry, earthmoving, floor care and surface preparation, material handling, power generation, procontractors, pumps, and trucks and trailers. The company also sells used equipment through online and provides financing and warranty services on the equipment. As of July 01, 2016, it operated approximately 280 company-operated branches. In addition, the company provides ProSolutions, an industry specific solutions-based service. It serves commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment, and agriculture markets. Herc Holdings Inc. (HRI) is based in Bonita Springs, Florida.
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.